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DownloadWhat is Microsoft Dynamics 365 Business Central?
Dynamics 365 is Microsoft’s range of Business Applications. Microsoft Business Central is one of these apps with ERP capabilities. It is an accounting management software that helps with sales, inventory management, project management and more.
What’s the difference between Business Central and NAV?
Dynamics NAV, or Navision, was the on-premise platform before Business Central. Microsoft acquired NAV in 2002 and it was later transformed into the accounting management solution software integrated into Dynamics 365 in 2016.
They are both similar in that there are yearly updates and improvements. However, as Business Central works within the cloud, there is better integration with 3rd party apps, Microsoft packages, and increased license flexibility.
What’s the difference between Business Central on-premise and online?
Business Central on-premise has frequent licensing and there are no automatic updates, meaning users should have a disaster recovery plan prepared. Investment in hardware is needed as well as maintenance on this hardware. When linking to other products, it is not as seamless and linking to Teams and 3rd party apps is not an option.
Alternatively, Business Central cloud online accounting management software is subscription-based and is securely hosted by Azure. Updates are automatic and seamless and there is no hardware needed, and no IT maintenance required. Business Central is accessible from anywhere with an internet connection. Users can easily use other Microsoft services as well as third-party apps.
Do I need to have Outlook/Office for Business Central to work?
You do not need to use Outlook/Office to use Business Central as it operates as a distinct product with its own licence. However, if you are using Office 365, it enhances the Business Central experience because features like Excel, Teams and Outlook are integrated.
Does Business Central work on a Mac?
Business Central accounting management software works on Macs as it is a cloud solution that runs on supported browsers such as Edge, Chrome, Firefox and Safari. IOS and Android Business Central apps are available to download.
How does reporting work in Business Central?
Business Central’s pre-made reports can help with essential business needs such as income statements, balance sheets, trial balances and more. It offers various reporting tools such as personalised home pages, customised views, and seamless integration with Excel. Microsoft’s Power BI allows users to visualise their data by connecting all data sources, not only Business Central.
How are expenses handled with Business Central?
Business Central has several built-in 3rd party expense options to use. These include Zetadocs Expenses and Continia Expense Management.
How does Payroll and HR work in Business Central?
Business Central does not have a payroll system included, however, there is the option to connect to 3rd party payroll systems within Business Central. For employee records, you can keep track of employee details, contracts, qualifications, contracts, and more within Business Central. Microsoft does provide a more streamlined HR system using Dynamics 365 Human Resources for those needing this with their accounting management software.
How does the licensing work with Business Central?
You can choose from three different licensing packages. Premium gives you complete access to all modules. Essential gives complete full access to the modules apart from manufacturing and service management. The Team Member licence allows you to read the modules only and with reduced access to certain capabilities.
What licensing discounts are available?
There are not-for-profit and educational usage discounts available. To find out if you are eligible, we can guide you through the Microsoft registration discount pages on Office 365 that you’d need to complete.
How and when is Business Central updated?
There are two major yearly updates and frequent minor monthly updates, these are automatic and are scheduled out of business hours. You will find these seamless and will not have to do anything to experience bug fixes and minor updates.
How secure is Business Central?
Business Central is very secure as is it hosted via Microsoft Azure which is one of the biggest service platforms. Microsoft is investing one billion dollars’ worth of investment to ensure further improvements and security. There are many security benefits Azure provides such as multifactor authentication, data encryption and service integration.
What are the advantages of having a Microsoft cloud accounting management software?
- Automatic updates ensure you always work on the latest software version
- There is subscription licensing so you know exactly what you will be paying and for how long
- There are additional IT resources you can add if you need them and there is top-tier security provided by Microsoft
How do I buy a Business Central licence?
Contact us using our enquiry form and we’d be pleased to give you more information.