Microsoft Dynamics 365 BC Tutorials

Intercompany Journals in Microsoft Dynamics 365 Business Central – Part 2 of 3

How to setup Intercompany Postings in Dynamics 365 Business Central

1. Part 1 – Intercompany Transactions
2. Part 2 – Intercompany Journals
3. Part 3 – Intercompany Dimensions

Videos in this Series:

• Part 1: Intercompany Transactions in Microsoft Dynamics 365 Business Central – Part 1 of 3
• Part 2: Intercompany Journals in Microsoft Dynamics 365 Business Central – Part 2 of 3
• Part 3: Intercompany Dimensions in Microsoft Dynamics 365 Business Central – Part 3 of 3

Intercompany Transactions in Microsoft Dynamics 365 Business Central – Part 1 of 3

How to setup Intercompany Postings in Dynamics 365 Business Central

1. Part 1 – Intercompany Transactions
2. Part 2 – Intercompany Journals
3. Part 3 – Intercompany Dimensions

How to setup Intercompany Postings:

• Setup HQ and the Subsidiary Companies
• Setup of Intercompany Information
• IC Partners
• IC Inbox/Outbox Transactions
• Handled IC Inbox/Outbox Transactions

Benefits of Intercompany Transactions

1. Increase productivity with simplified transaction
2. Minimize errors with single entry
3. Efficient transactions across subsidiary companies

Setting up a complete company in Microsoft Dynamics NAV 2018

Steps to follow:

Create the Company
Setup the Company Master Data Master data is the core data that is absolutely essential for running operations within a business (Chart of Accounts, Items, Customers, Vendors, Users, Locations, Banks )
Begin Trading i.e. Purchase and Sales of goods or services

Setup the Company Master Data:

i.) Master Data – Chart of Accounts

ii.) Master Data – Items

General Product Posting Group
VAT Product Posting Group
Inventory Posting Group

iii.) Master Data – Customers

General Business Posting Group
VAT Business Posting Group
Customer Posting Group

iv.) Master Data – Vendors

General Business Posting Group
VAT Business Posting Group
Vendor Posting Group

v.) Other Setups

General Ledger Setup
VAT Posting Setup
Inventory Posting Setup
Inventory Setup
Accounting Periods
No. Series
Purchase & Payables Setup
Sales & Receivables Setup
General Posting Setup

Installation of Microsoft Dynamics NAV 2018

Prerequisites: Windows Installed Windows Update Office 2013 Microsoft Dynamics NAV 2018 Installation Files – W1 .Net Framework 3.5 SQL Server SQL Server Management Studio
System requirements for NAV 2018 https://learn.microsoft.com/en-us/previous-versions/dynamicsnav-2018-developer/System-Requirements-for-Microsoft-Dynamics-NAV
Limitations of SQL Server express https://neovera.com/sql-server-express-use/
Download Microsoft Dynamics NAV 2018 https://learn.microsoft.com/en-us/dynamics/s-e/nav/msdnav2018downloa