Open Door Technology

Dynamics 365 for Financials includes a standard configuration of most financial processes, but you can change the configuration to suit your business. For m...

A regular step in any financial rhythm is to reconcile bank accounts, which requires that you apply payments to customer or vendor ledger entries to close s...

A big part of managing accounts payable is paying your vendors. You can use functions to add payments lines for purchase invoices that are due in the Paymen...

At regular intervals, you must reconcile your bank ledger entries in Financials with the related bank transactions in bank accounts at your bank, and then p...

At the end of a fiscal year, there are a number of administrative tasks that you have to perform, like making sure all documents and journals are posted, ma...

To make it simpler to perform analysis on documents such as sales orders, you can use dimensions. Dimensions are attributes and values that categorize entri...

Use account schedules to get insight into the financial data stored in your chart of accounts. Account schedules analyze figures in G/L accounts, and compa...

The Internal Revenue Service (IRS) requires one or more versions of the 1099 tax form for payments to vendors. Copies of these forms must be sent to vendor...

When you first start using Financials, you can run an assisted setup guide to quickly and easily set up sales tax information for your company, customer...

In Canada, when a vendor does not have a business presence in the province in which purchases are made, the vendor will charge the Goods and Services Tax ...