How does Microsoft Dynamics 365 Business Central provide better reporting and data access?

Business processes are at the core of every business. Across the finance industry, businesses are looking to adapt their finances and business operations processes to the digital era, to secure and expand their businesses. This “digital transformation” requires a degree of business process agility – and unification across the business – not supported by the traditional “siloed” business management solutions approach of the past.

Dynamics 365 offers customers the flexibility to grow at their own pace and expand into additional capabilities with ease to run their entire business in the trusted Microsoft cloud. It helps organizations move from monolithic application suites to purpose-built, SaaS applications with intelligence built in. Microsoft only charges per user and can enable unlimited companies.

The cloud services will include data analysis and visualization tools from Microsoft’s Power BI and tools from Cortana to predict things like which items and services a customer will need, or field agents receive a warning of devices expected to fail. This opportunity will explode in the next several years as the ‘Internet of Things’ allows companies to increasingly take business actions off the input of millions of sensors in their line of work. Companies are already pulling in “slices” of that data, but only get a complete picture when they’re integrating it with all aspects of their business such as financial planning and sales.

Dynamics 365 for Financials is a cloud based application is for small and midsized businesses that have outgrown existing accounting software and looking for a comprehensive business management solution. Dynamics 365 for Financials capabilities span financial management, reporting, fixed assets, workflow and includes multi-currency, multi-language, multi-company, and data migration capabilities. Now you have an offering in the cloud that can easily and seamlessly connects people and processes.

Let’s look at the benefits:

  • Turn disconnected systems into one comprehensive solution
  • Connect your people and processes for more efficient business management
  • Integrate key financial applications, including financial reporting, banking, or business analytics
  • Reduce training time with a system that works like familiar Office tools
  • Stay secure with an enterprise-tested cloud solution
  • Get built-in business productivity and intelligence with integration to Office 365 and
    Microsoft Power BI

Microsoft is the only company that can deliver both the depth of first-party business solutions and fully integrated analytics with and productivity at cloud scale. Delivering on this ability requires true SaaS business apps that directly integrate business processes. Deep integration between Dynamics 365 and Office 365 brings together the two worlds of business process and personal productivity.  Historically users have been the point of integration between business processes and the email, spreadsheet and word processing tools they use. This meant lot of time flipping between apps and a lot of cutting and pasting.  With Dynamics 365, we connect the structured workflow of business apps with the unstructured work of collaboration and productivity for empowered employees and a much more productive experience.  

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. Accountnet has helped hundreds of companies adopt a Microsoft Business solution that matches their business goals and has deployed it according to our clients’ timetables and within their budgets.  We are Gold Certified Partners for Microsoft Dynamics in New York City, serving the Northeast from Boston, MA to Washington, DC.  Contact us today to learn more about how the new Dynamics 365 can help your business.

From basic reporting to sophisticated analyses, Microsoft Dynamics GP gives people across your organization fast, relevant access to information using familiar Microsoft tools. Rapid, flexible deployment options, a familiar user experience designed to maximize personal productivity, and the ability to quickly bring together people and systems help you run your business efficiently and drive business success.

You are outgrowing Quickbooks if you are experiencing the following issues:
•Unacceptable delays in menus, reports, or navigation
•Sacrificing transaction history or master records to improve performance
•Single-user mode decreases productivity
•More users need to access the system than are allowed
•Lack of security and compliance features
•Lack Multi-Currency needs

Join us for a Microsoft Dynamics GP Demonstration with Financial Reporting, Consolidations, and Multi-Currency applications!

You and your employees both have a desire to grow your business. In order to reach this goal, you need innovative solutions to evolving problems. Microsoft Dynamics SL delivers long-term value with a solution that is easy to adapt and connect with independent software vendors (ISV’s), other line-of-business applications, and the Microsoft technology that you already use in your organization. Comprehensive out-of-the-box features and quick, customizable options to get you up and running fast and affordably.

Microsoft Dynamics SL has powerful financial management capabilities in the Multi-Company module that can meet the unique needs of your organization. Easy to learn and effective in use, Microsoft Dynamics SL works with the technology systems you already have to deliver long-term value without a complex and costly implementation:

Tailor to your system to benefit your company:

  • Monitor, analyze, and report on multiple companies or functional divisions within your organization. Focused and flexible capabilities help you set up multiple companies, run processes, close books, and report results by company or in a consolidated company.
  • Configure Microsoft Dynamics SL Multi-Company to operate with several companies in a single database, multiple databases, or both. Bring your businesses together — whether centralized or decentralized and geographically disbursed — while automating time consuming and error prone tasks.

Process transactions seamlessly create due-from/due-to entries automatically to keep your intercompany transactions in balance. Companies in separate databases and locations can easily transfer intercompany general ledger transactions from one location to another, so that accounting entries are applied to the correct company, while ensuring balanced sets of books.

Centralize your cash control Assemble accounting and reporting into a single location or company, and apply payments, write checks, or take requisitions for subsidiary companies. This helps reduce duplicate efforts and training from location to location, and maintains the inter-company balances between the subsidiary and the central companies for full reporting and tracking at the transaction level.

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software – we train your accounting staff to use it to create the reports they need, so they can analyze data as needed. Our  Microsoft solutions provide employees the information they need to do their jobs well — wherever they are, in whatever application they choose to use. Take the next step towards growth with Microsoft Dynamics SL in the cloud or on your servers—the choice is yours. Contact us to learn more.

You’ve reached a stage where you may not have the right tools or processes in place to further grow your business. Your opportunities could be limited by basic accounting software. But investing in a complete technology overhaul isn’t realistic, and do you really have the capacity to add new IT staff to manage additional systems? When you choose Microsoft Dynamics GP, you can focus on growing your business, rather than on the technology supporting it. Everything you need – your operating system, database, personal productivity tools, e-mail, and business management system – comes from one trusted software publisher, Microsoft. By delivering a cohesive solution that helps lower implementation and long-term ownership costs, you able to harness the power and flexibility with other Microsoft tools, like Power BI.

You need technology that enables your business: technology that’s affordable on a small-business budget and doesn’t lock you in or restrict your future options. Business solutions from Microsoft help you move away from the complexity of traditional accounting software systems so you can focus on the things you enjoy about running your business and connecting with your customers.

Spot trends, anticipate demand. When key parts of your business are connected, your people can do more, and your business can grow. Our custom-fit solutions built on Microsoft Dynamics GP can help you connect the pieces of your business to reveal insights about your operational processes and your best path for growth.

Share data and collaborate for better results. Imagine the time and cost savings if your IT department could use real-time operational data to help your team make better decisions and do their job better. Your people are your greatest asset—and it’s your job to make sure they have what they need to work effectively. Microsoft Dynamics GP integrated with Office 365 helps your team connect in real time, collaborate on documents and files, and seamlessly share reports and other information, whether they are in the office or on the go.

The move to the cloud is just part and parcel of the revolution happening in business today, with more flexible ways of sharing information and the ability to visualize and interact with data in real time from virtually anywhere. Microsoft meets the needs of businesses by uniquely bringing together the tools they need to manage operations, keep team members productive, and bring you closer to your customers.  Microsoft Dynamics GP in the cloud can have your team sharing, connecting, and reporting regardless of where they need to work, with security-enhanced access via a web browser.

Pairing Dynamics 365, GP or SL with Accountnet’s setup team integrates your data, reports, and business management software, giving you the ability to see the big picture, with one-click access to the details. We can enable your private cloud or AZURE which will provide a connected platform that gives you the freedom to deploy and use technology in the way that makes the most sense for your business. It also keeps your IT manageable, so you get the most out of your investments. More and more people can move off QuickBooks to get the financial consolidations and currency tracking you deserve. Contact Accountnet when you are ready to make the move. We can help you determine the best solution for your unique business needs.

Microsoft Dynamics GP is designed to empower your people to be more productive and your systems to last longer, with the ability to scale to accommodate growth while delivering the insight you need to respond quickly in the ever-changing world of business.

Simple to Learn and Use

Simplicity is at the core of Microsoft Dynamics GP. As a business solution from Microsoft, it is easy to learn and use because it works like and with other familiar Microsoft technologies, such as Microsoft Office. And Microsoft Dynamics GP works the way you work, so it’s easier for you and your employees to make better decisions and get more done. Simplicity is built into every aspect of your experience—from initial purchase and deployment to ongoing maintenance and upgrades.

Delivers Agility in the Face of Rapid Change

Today’s business landscape is changing at an ever-increasing pace. To stay ahead, you need a business management solution that is designed to help you meet evolving demands. Microsoft Dynamics GP delivers the agility you need to adapt to new business processes and extend functionality quickly, making it easier to enter new markets, add capabilities, or reallocate existing investments. In addition, SaaS and cloud-based hosting for Microsoft Dynamics GP gives you the flexibility to expand or contract as business conditions change.

Drives Value for Your Business

Microsoft Dynamics GP delivers value to your business in three important ways.

First, you can increase your return on investment as you boost productivity and create new ways to control expenses, helping to drive profitability.

Second, Microsoft Dynamics GP offers interoperability with the other technologies, like Office 365 to help lower your total cost of ownership.

Finally, you can achieve maximum benefit from your technology investment through improved time to value, especially when you don’t want or need an extensive IT infrastructure. 

More and more accounting users are choosing Microsoft and its technology, Accountnet can get you up and running quickly with tools to accelerate installation, set up and extend core functionality, and migrate data from your legacy systems. Use Power BI for KPI’s and dashboards!

And there’s more. Microsoft Dynamics solutions are backed by a commitment from Microsoft combined with an ongoing investment in research and development—so you can grow your business with confidence, knowing that your business management solution can keep up with your ambition.

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software—we train your accounting staff to use it to create the reports – so they can analyze data as needed. Our solutions give both technical and non-technical employees the information required to do their jobs well—wherever they are, in whatever application they choose to use. Take the next step toward growth with Microsoft Dynamics GP to gain simplicity, and value with Microsoft Dynamics GP. Contact us at Accountnet to learn more. 212-244-9009. Visit:

Written by Accountnet, Inc.

TWITTER: DynamicsNewYork

LinkedIn: John C. Peace

Understanding the business model behind cybercrime can be a helpful thought experiment to help CFOs allocate appropriate resources to cyber defenses.


Cornerstones of

Any Cybercrime


Modern cyberattacks—such as sophisticated phishing attempts utilizing phony emails that look quite real—can be profitable even with a success rate as low as 1%. The cost of launching these attacks is low, and a single successful cyberattack can yield thousands or even millions of dollars in revenue.

Having a proven, predictable business model has enabled cyber- criminals to scale and attract partners. They share a portion of the data they obtain through hacking (or the profit from selling stolen data) with individuals or entities interested in getting a piece of the action while minimizing their exposure to prosecution.

A successful cyberattack is usually monetized either through stealing data and selling it on the black market or holding data hostage and exacting ransoms. The second scenario is a great revenue stream for hackers because it doesn’t require a buyer. Ransoms are typically paid in bitcoin, which most companies don’t have on hand. To facilitate the process, many of these gangs now offer customer service to provide assistance in paying the ransom.

Most hackers are very clearheaded and rational. They are as organized as and your competitors. Such predictability means the threat they pose can be coldly and rationally managed.

The Value of a Company’s Data

At the user level, that means “exercising judgement and prudence while dealing with unknown data,” such as emails, attachments, PDFs, and JPEGs. At an organizational level, it means ensuring every user “is running the most up-to-date (operating system) versions and that incoming and outgoing data are properly vetted using state-of-the-art security procedures.”

Any item a company devotes resources to insuring or securing typically has
a known value attached to it. In order to guide a sound cybersecurity strategy, it’s important to take stock of how much the organization’s data is worth, both to you and to others.

In addition to the well-established marketplace for stolen personal information, consider the value of your company’s data if it were obtained by competitors. Play out a hypothetical scenario in which your company’s trade secrets, client list, or proprietary information is made public and how that would affect your business in the long term.

The best-case scenario is that the company has a robust backup system and is able to restore its data in less than a day. The worst-case scenario is that no backup is available, so a ransom is paid, but the hackers still do not unlock the data and it is lost permanently. Consider the cost to your business of each of these possibilities and everything in between.

Assessing Risk, Preventing Loss

A common rule of thumb is that at a minimum, businesses should invest at least 3% of their total IT capital expenditures in cybersecurity. Industries with particularly valuable data such as finance, health care, and manufacturing require a greater investment.

This budget is usually applied to a combination of technology and training, because hackers achieve their success rate most often through user error someone inadvertently letting them into the system—rather than technological failure alone.

Since the threat of cyberattacks is relatively new, it can be overwhelming to determine an appropriate course of action. A good starting point is the understanding that cyberattacks on businesses have been increasing year over year this entire decade not because of some spontaneous crime wave, but because cyber criminals are essentially the new mafia.

Looking at your company through their eyes and evaluating the overall situation with the same detachment they enjoy puts you on more even footing.

Having a backup architecture that involves making multiple point-in-time copies of data across geographies provides protection against such eventualities. Moreover, the backup architecture must be smart enough to make copies of not just the date but the metadata as well. An organization that was backing up data and metadata in this manner would have been impervious to all the recent ransomware attacks.

As a Microsoft Gold Certified Partner, Accountnet helps companies get up and running with Microsoft Dynamics. We don’t just install and configure the software—we train your accounting staff to use it to create the reports – so they can analyze data as needed. Our solutions give both technical and non-technical employees the information required to do their jobs well—wherever they are, in whatever application they choose to use. Take the next step toward growth with Microsoft Dynamics GP to gain simplicity, value with Microsoft Dynamics GP. Contact us at Accountnet to learn more (212) 244-9009.

TWITTER: DynamicsNewYork C. Peace