D365 Supply Chain Management (T&L) Online Recorded Demo Video

Setting up sales tax in Microsoft Dynamics 365 Finance and Operations (D365 F&O) is crucial for compliance and accurate financial reporting. This guide provides a step-by-step overview of the functional aspects of configuring sales tax in D365 F&O. 1. Define Sales Tax Authorities Begin by defining the sales tax authorities, which represent the taxing bodies (e.g., federal, state, or local tax agencies). Navigate to Tax > Indirect taxes > Sales tax > Sales tax authorities and create new records for each authority, providing relevant details like authority name and address. 2. Create Sales Tax Codes Sales tax codes represent individual tax rates. To create sales tax codes, go to Tax > Indirect taxes > Sales tax > Sales tax codes . For each code, specify the tax percentage, effective dates, and associated ledger accounts. These codes will be used to calculate the tax amount on transactions. D365 Operations Training 3. Set Up Sales Tax Groups S...

Electronic Fund Transfers (EFTs) In D365 Training

September 03, 2024

Electronic Fund Transfers (EFTs) In D365 Training Electronic Fund Transfers (EFTs) in D365 Training Finance and Operations facilitate the seamless electronic transfer of funds between bank accounts, enhancing the efficiency and accuracy of payment processes. EFTs are commonly used for direct bank payments, including vendor payments, payroll, and other financial transactions, reducing the need for physical checks and manual processing. 1. EFT Setup To set up EFT in Dynamics 365, navigate to Cash and Bank Management > Bank Accounts and configure your bank accounts for electronic payments. This setup involves specifying bank details, account numbers, and selecting the appropriate payment formats compatible with your bank’s EFT standards, such as NACHA, ISO20022, or other region-specific formats. Microsoft Dynamics 365 Training In Hyderabad 2. Payment Journals for EFTs To process an EFT, go to Accounts Payable > Payments > Payme...

Vendor Groups & Vendors in Dynamics 365 F&O

July 31, 2024

Vendor management is a critical aspect of supply chain and financial operations. In Dynamics 365 Finance and Operations , "Vendor Groups" and "Vendors" are essential components for organizing and managing supplier relationships, payment terms, and procurement processes. Vendor Groups Vendor Groups in Dynamics 365 Finance and Operations are used to categorize vendors based on shared characteristics or business requirements. These groups help streamline vendor management by allowing organizations to apply consistent settings and policies across similar vendors. Microsoft Dynamics 365 Course in Hyderabad Creating Vendor Groups: To create a Vendor Group, navigate to the Accounts Payable module and select Vendor Groups. Here, you can define new groups by assigning a unique identifier and a descriptive name. You can also configure default settings, such as payment terms, credit limits, and settlement periods, which will automatically apply to all vendors wi...

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