Dynamics 365 Business Central AS 101 Lesson 25: What else can I do with Account Schedules?

Dynamics 365 Business Central

The article discusses the importance of using account schedules to generate the Statement of Cash Flows in Dynamics 365 Finance or Dynamics 365 Sales.
It highlights the ability to create gross margin reports that provide insights into the margin at different levels, including larger groups of items and individual items.
The article mentions a limitation of Dynamics 365 Business Central account schedules, which is the inability to design column layouts that utilize general ledger account numbers.
It emphasizes the use of reports to answer specific questions related to spending on activities, projects, and teams, which involves heavy dimension usage.
Lead schedules are recommended for reviewing accounts at the end of the year and preparing for audits, as they allow for easy grouping and year-over-year comparisons.
The consolidation feature in Dynamics 365 Business Central is utilized to consolidate financial statements from multiple companies with a consistent chart of accounts.
The article mentions the availability of reports that provide daily information on sales and the ability to analyze data over multiple years.
Account schedules are also useful for budgeting, calculating ratios, and creating simple queries to gather specific information.

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