The GL allows you to post general journals, recurring journals and posting from sub-ledgers.

Posting & reports can be done in one other reporting currency.

Standard and customized reports available with refreshable data in Excel, Power BI charts and reports.  Most data can be viewed and edited in MS Excel.

You can use dimensions across all ledgers to report on any part of your business. For example, you can capture data segments like department, location, project and more. You can also define rules on how these dimensions are used and in what combinations they can be posted in from what ledger. Default dimensions can also be created against master data like customers, vendors, GL accounts and more.

These dimensions can be then used to filter reports for analysis.

You can use dimensions across all ledgers to report on any part of your business. For example, you can capture data segments like department, location, project and more. You can also define rules on how these dimensions are used and in what combinations they can be posted in from what ledger. Default dimensions can also be created against master data like customers, vendors, GL accounts and more.

These dimensions can be then used to filter reports for analysis.

Customers and suppliers can be created in multiple currencies and transactions can be created in sales, purchase and bank transactions. Currency details for AP & AR transactions can be stored in local and foreign currencies. You can also manage your realized gains and losses to keep ageing reports accurate.

Customers and suppliers can be created in multiple currencies and transactions can be created in sales, purchase and bank transactions. Currency details for AP & AR transactions can be stored in local and foreign currencies. You can also manage your realized gains and losses to keep ageing reports accurate.

Account schedules are a powerful financial reporting tool. Controllers and accountants can include business data from the chart of accounts, budgets, cash flow accounts, and cost types in financial reports.

Analyze the data to monitor the business health and provide valuable input to decision makers. Create row and column layouts and combinations to generate the reports you need.

Generate reports with totals and sub-totals with definable print outputs. For example, you can select to compare historical figures to current months totals.

Consolidate companies from the same Business Central tenant and import data directly into the consolidation company, or use XML files to import data from other Business Central tenants, databases, or third-party applications.

Use multiple currencies, dimensions, and budgets to generate consolidations.

Manage accounting for more than one company by posting transactions that include one or more Business Central tenants or databases. Send sales and purchase documents to another database and map journal entries to shared charts of accounts and dimensions.

Automate receipt and sending of sales and purchase documents when using the Inbox/Outbox feature. Reconcile intercompany payments with multiple currencies.

Forecast cash receipts, cash disbursements, and the amount of liquid funds available for the company during a given time.

Utilize an assisted setup guide to help you complete tasks and take advantage of automatic data updates every day or every week to create basic cash flow forecasts that can be extended and adjusted to fit your business needs.

Include data from jobs and taxes as sources for the cash flow forecast. Use Azure ML capabilities to let Business Central generate cashflow predictions.

Keep track of fixed assets such as buildings, machinery, and equipment. Post-fixed-asset transactions such as acquisitions, write-downs, and appreciations. You an assign multiple books to define methods and rules for calculating depreciation. Other data like maintenance costs, insurances and cost allocations can be stored for assets.

Fixed Assets Allocations

Use allocations to distribute percentages of fixed asset transactions, to different departments or projects.

Fixed Assets - Insurance

Easily monitor insurance coverage and premiums for fixed assets to determine whether they are under- or over-insured. Connect assets with an insurance policy and index the insurance amount.

Fixed Assets - Maintenance

Record maintenance and service expenses for fixed assets. Find detailed information to analyze and make decisions about fixed asset renewal and disposal.

By tracking actual and budgeted costs of operations, departments, products, and projects, you can gain insight into costs. Combine data from GL transactions, dimensions, future costs and define a hierarchy of cost centres and objects to explore different data scenarios.

Costs can be allocated by creating different allocation rules. You can then review GL actuals and budgets in user-defined scenarios.

You can look at different scenarios to gain insight into the business that is not immediately reflected in your standard chart of accounts setup.

You can set up templates for automating deferral of revenues and expenses based on periodic schedules. This allows you to realise the revenue and expense in another period than the one that it was posted to.