Chart of Accounts
1. The Problem with Bloated Charts of Accounts Too many organizations fall into the trap of creating an over-engineered Chart of Accounts (COA). Every new reporting need turns into a new account — until the COA becomes bloated, confusing, and painful to reconcile. * Harder to maintain * More room for human error
Chart of Accounts
A well-designed chart of accounts (COA) is one of the foundations of a strong finance system. Yet it’s also one of the areas where organizations often make mistakes during an ERP implementation. A poorly structured COA can create unnecessary complexity, make reconciliations painful, and slow down reporting. Here are
ERP Roles and Responsibilities
Implementing an ERP system is not just an IT exercise — it’s a full-scale business transformation. When roles are unclear, projects stall, decisions drag, and adoption suffers. When they’re well-defined, you get accountability, speed, and alignment. For a full overview of the ERP journey, see: ERP Implementation Journey — Design
purchase to pay process
1. The service invoicing headache For product purchases, quantity × unit price makes perfect sense. But in services — consulting, contractors, agencies — vendor invoices often just show a total dollar amount rather than neatly listing hours × rate. When Accounts Payable (AP) teams have to reverse-engineer that into “hours” or “days” × rate: * It
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Main Accounts, Financial Dimensions, Account Structures, Advanced Rules, and Financial Tags A well-designed Chart of Accounts (COA) is the backbone of accurate financial reporting, compliance, and decision-making. In Microsoft Dynamics 365 Finance, the COA isn’t just a static list of accounts — it’s a flexible framework that combines main
Dynamics 365 Finance
A Smarter Way to Manage Inventory and Cash Flow In today’s competitive supply chain environment, many organizations are turning to vendor consignment in Microsoft Dynamics 365 Finance to reduce carrying costs, improve cash flow, and expand product offerings without heavy upfront investment. This model allows you to stock goods
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At FitGap Finance, we help finance teams and business leaders bridge the gap between business needs and ERP functionality — with a focus on Microsoft Dynamics 365 Finance. ERP projects are high-stakes. Done well, they can transform operations. Done poorly, they drain budgets, stall timelines, and frustrate your best people. Here
Fixed assets
Version tested: 10.0.43 (July 2025) Navigation path: Fixed assets ▸ Setup ▸ Posting profiles (menu names may vary slightly by build) Posting profiles are the bridge between the Fixed-asset sub-ledger and the general ledger. They tell Dynamics 365 Finance which main and offset accounts to hit when lifecycle events—acquisition,