Dynamics 365 Business Central offers flexible pricing and licensing options to suit different business needs:

• Subscription Model:
  Business Central operates on a monthly subscription model, with pricing based on the number of users and the level of functionality required.

• Billing Options:
  Microsoft offers two billing frequencies for Business Central:

  • Monthly billing: Provides flexibility with a pay-as-you-go model, but at a slightly higher rate.

  • Annual billing: Offers a 20% discount (accurate as of July 2024) compared to monthly billing for customers who commit to a full-year subscription.

• License Types:

  • Essentials: Includes core functionality such as financial management, supply chain, sales, purchasing, and customer service.

  • Premium: Adds advanced capabilities including manufacturing and service management.

  • Team Members: Designed for light users who need basic functionality like read access, time/expense entry, and approvals.

  • Device: A shared device license allowing multiple users to access Business Central through a single device. Ideal for:

    • Point-of-sale (POS)

    • Shop floor terminals

    • Warehouse scanners
      Note: Functionality is limited to specific operational tasks.

• Full User vs. Team Member Licenses:

  • Full users (Essentials or Premium) have complete access to Business Central features.

  • Team Members have limited capabilities and are suited for users who only occasionally interact with the system.

• Additional Costs:

  • Implementation services, customizations, and added storage may increase total cost of ownership.

• Nonprofit and Educational Pricing:

  • Special pricing is available for qualified nonprofit organizations and educational institutions.

License descriptions are accurate as of July 2024. Pricing and features may be subject to change by Microsoft.

An Accountant license in Microsoft Dynamics 365 Business Central is a free, specialized license type designed for external accountants who manage books and financial reporting for Business Central clients. Here are the key points about the Accountant license:

1. Free of charge: Business Central includes three free External Accountant licenses with each subscription.
2. Purpose: It allows external accountants to access their clients' Business Central data to perform accounting tasks and financial reporting.

Business Central integrates seamlessly with several Microsoft 365 (formerly Office 365) applications, enhancing productivity and streamlining workflows:

1. Microsoft Excel:
   • Export data from Business Central to Excel for analysis
   • Edit data in Excel and update Business Central directly
   • Use Excel for designing analytical report layouts
2. Microsoft Outlook:
   • Access customer and vendor information directly from emails
   • Create and send Business Central documents (e.g., quotes, invoices) from Outlook
   • View Business Central documents linked in emails and do approval of workflows
3. Microsoft Teams:
   • Share Business Central data and records within Teams conversations
   • Access Business Central information without leaving Teams
4. OneDrive for Business:
   • Store and share Business Central files in the cloud
   • Open Excel and Word files directly in their online versions
5. Microsoft Word:
   • Create document templates in Word for use in Business Central
   • Merge Business Central data into Word documents
6. Power BI:
   • Create advanced reports and dashboards using Business Central data
   • Embed Power BI reports directly in Business Central
7. Power Automate:
   • Create automated workflows between Business Central and other Microsoft 365 apps

These integrations allow users to work efficiently across multiple Microsoft applications while maintaining data consistency and leveraging the strengths of each platform. The seamless connectivity between Business Central and Microsoft 365 apps helps businesses streamline their operations and improve overall productivity.

It is easy to edit notifications in Business Central. Here is a short video.

Yes. Business Central allows for the personalization of most pages in Business Central. You can add fields, remove fields, move sections.
To personalize screens in Dynamics 365 Business Central, follow these steps:

1. Access personalization mode: Click the gear icon in the top right corner and select "Personalize" from the dropdown menu.
2. Modify elements: Once in personalization mode, you'll see red icons next to various elements on the screen. These icons allow you to:
   • Hide or show items by clicking the red icon and selecting "Hide" or "Show"
   • Move items by clicking the red icon and dragging them to a new location
   • Add new fields by using the "+ Field" option to access a list of available fields
3. Freeze columns: In list views, you can freeze columns to keep them visible while scrolling. Click the red icon next to the column header and select "Set Freeze Pane".
4. Rearrange columns: In list views, drag and drop columns to reorder them.
5. Customize card pages: On card pages, you can rearrange fields within designated sections using drag-and-drop actions.
6. Save changes: When finished, click "Done" to save your personalization's.

Remember that these personalization's are user-specific and won't affect other users' views. For system-wide changes, administrators can use the "Design" mode instead of ‘Personalize’ mode.

In a Global Market Place, Microsoft Dynamics 365 Business Central’s Multi-Currency functionality is a game changer. Multi-Currency Management: Business Central allows you to manage transactions in multiple currencies simultaneously. You can define currencies, set exchange rates, and perform currency conversions automatically.

1. Automatic Exchange Rate Updates: It offers integration with financial data services that automatically update exchange rates, ensuring that your currency conversions are always based on the latest rates.
2. Currency Revaluation: Business Central supports currency revaluation processes, which are essential for businesses with international operations to comply with accounting standards (like IFRS or GAAP). This feature helps adjust the value of foreign currency balances based on the latest exchange rates.
3. Global Reporting: You can generate financial reports in the currency of your choice. This capability is crucial for businesses with international stakeholders or operations, as it allows for consistent and clear financial reporting across different regions.
4. Streamlined Transactions: When entering transactions, Business Central automatically handles the currency conversion based on predefined rates or real-time rates, reducing manual effort and potential errors.
5. Consolidation: For organisations with multiple subsidiaries or entities operating in different currencies, Business Central supports financial consolidation across currencies. This feature helps in creating consolidated financial statements that reflect the overall financial health of the entire organisation.
6. Audit Trails and Compliance: It maintains audit trails of currency-related transactions, which is essential for compliance and transparency purposes. This capability ensures that all currency conversions and financial activities are traceable and auditable.
7. User-Friendly Interface: The interface of Business Central is designed to be user-friendly, making it easier for finance teams to navigate and manage multi-currency operations without needing extensive IT support.

Overall, Microsoft Dynamics 365 Business Central provides comprehensive tools to manage multi-currency operations efficiently, from transaction processing to financial reporting and compliance. This capability is particularly beneficial for businesses that operate globally or deal with international customers, suppliers, or subsidiaries.

In Dynamics 365 Business Central, the 'work date' is a system-wide date setting that allows users to specify a date different from the current calendar date for various operations and transactions. Here's a brief explanation of what it is and why you might want to change it: What is the work date:

1. It's a user-specific date setting that can be different from the actual calendar date.
2. It serves as the default date for new documents, journals, and transactions.
3. The work date is displayed prominently in the Business Central interface when it differs from the current date.

Why you might want to change it:

1. Backdating transactions: To enter transactions for a previous date without changing the posting date on each entry.
2. Month-end processing: Set the work date to the last day of the month to easily process end-of-month transactions.
3. Future planning: Set a future date for planning or forecasting purposes.
4. Consistency in batch processing: Ensure all entries in a batch have the same date without manually entering it each time.
5. Testing and simulations: Use a specific date for testing scenarios or simulating business processes.
6. Auditing and reviewing: Easily review or work with historical data by setting the work date to a past period.

 Here is a quick video on how to change it: