Tag: D365 Functional
MS Dynamics 365 F&O: Electronic Fund Transfers (EFTs)
Electronic Fund Transfers (EFTs) in Microsoft Dynamics 365 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. D365 […]
Sales Tax Setup in Microsoft Dynamics 365: A Functional Guide
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 […]