Dynamics365Talks

  Leasing assets like equipment, vehicles, or real estate is a key financial strategy for businesses.   In Microsoft Dynamics 365 Finance and Operations (D365 FO), the Asset Leasing module streamlines the management of finance and operating leases, ensuring compliance with IFRS 16 and ASC 842. Understanding the differences between these lease types is critical for accurate accounting and reporting. This blog post explores finance and operating leases, their classification, and how D365 FO supports their management.   Defining Finance and Operating Leases   Lease classification as finance or operating depends on the transfer of ownership risks and rewards, as defined by IFRS 16 and ASC 842: Finance Lease: Transfers most ownership risks and rewards to the lessee, akin to purchasing the asset. Example: A long-term lease of machinery with a purchase option. Accounting: Records a Right-of-Use (ROU) asset and lease liability on the balance sheet, with amortization of the R...

            Asset leasing is a critical financial process for organizations that lease assets such as equipment, vehicles, or real estate. Microsoft Dynamics 365 Finance and Operations (D365 FO) offers a robust  Asset Leasing  module to streamline lease management, ensure compliance with accounting standards like IFRS 16 and ASC 842, and enhance financial reporting. This blog post introduces the key features and benefits of the Asset Leasing module in D365 FO, designed to simplify lease accounting and management for businesses. What is Asset Leasing in D365 FO? The Asset Leasing module in D365 FO is a dedicated toolset that enables organizations to manage leased assets efficiently. It provides end-to-end functionality for creating, tracking, and accounting for leases, ensuring compliance with global financial reporting standards. The module integrates seamlessly with other D365 FO components, such as General Ledger, Accounts Payable, and Fixe...

       In today’s fast-paced global economy, businesses rarely stay confined to a single currency.  Whether you’re managing financials for subsidiaries across borders or reporting to international stakeholders, currency conversion is an unavoidable part of the process. Microsoft Dynamics 365 Finance (D365 F&O) simplifies this challenge through currency triangulation. This efficient method uses an intermediary currency (often the euro) to bridge the gap between two currencies that don’t have a direct exchange rate. In this blog, we’ll cover: What currency triangulation is (with real-world examples) How it works in Dynamics 365 Finance Step-by-step setup instructions (with visuals) When to use it  Common Challenges & Solutions in Currency Triangulation What Is Currency Triangulation? Currency triangulation is the process of converting Currency A to Currency B via a third, reference currency, typically the euro (EUR). For Example: Let’s say: Your US su...

     W hen people hear the term General Ledger , it often conjures up thoughts of spreadsheets, debits, and credits. But in the world of Microsoft Dynamics 365 Finance and Operations (D365 F&O), the General Ledger (GL) is the beating heart of your financial ecosystem. Whether you're a finance pro or just starting your journey in ERP systems, understanding the GL in D365 F&O can help you unlock new levels of control, insight, and strategy. What Exactly Is the General Ledger in D365 F&O? At its core, the General Ledger in D365 F&O is where all financial transactions converge. It’s the central repository where every dollar (or euro, yen, pound, you name it) gets tracked and reported.  Think of it as the master book that keeps your organisation’s financial story in check. But it’s not just about bookkeeping.  The GL in D365 F&O is designed to work with your business, not just for it. It’s flexible, scalable, and built to handle the complexit...