Monday, December 30, 2024

Creating a journal entry

Navigate to Finance – General Journal


Select which journal to use; Choose the journal you wish to use (in this example, we're using the Default journal).

A one-line entry in BC allows you to populate the journal entry using a balancing account rather than 2 lines and utilizing the Debits/Credits.

For a one-line entry:

  •   Enter the Posting date – the date the journal entry will be posted in BC
  •   Document Type – Select the type (Payment, Invoice, CM, etc.), or leave blank
  •   Document number – Typically auto-populated, but you can override with a custom number if needed
  •  Account Type – G/L Account, Bank account, Vendor, Customer, etc..
  •  Account No – The GL account, bank account name, or vendor/customer name
  •  Amount - Enter the amount
  •  Bal. Account Type - G/L Account, Bank account, Vendor, Customer, etc..
  •  Bal. Account No - The GL account, bank account name, or vendor/customer name
  • Dimensions – Enter any necessary dimensions


For a two-line entry

  • Enter the Posting date – the date the journal entry will be posted in BC
  • Document Type – Select the type (Payment, Invoice, CM, etc.), or leave blank
  • Document number – Typically auto-populated, but you can override with a custom number if needed
  • Account Type – G/L Account, Bank account, Vendor, Customer, etc..
  • Account No – The GL account, bank account name, or vendor/customer name
  •  Amount – Enter the amount
    • Debits are entered as a positive value
    •  Credits are entered as a negative value

To review the journal entry before posting select preview posting under the Post dropdown arrow.

Once ready to post the journal entry click Post to finalize the journal entry




Thursday, December 19, 2024

Reskill program update

It’s hard to believe that it’s already been over a month since I started the Reskill program and I thought it would be a good opportunity to share some of my experiences this far.

From the first day, I was introduced to a small group of fellow learners, and we had the chance to connect with our instructor. We took some time to go over the structure of the program, including the estimated timeline for completion and the weekly expectations. One key takeaway was the importance of engagement in the program. The instructor emphasized that the best way to get the most from this program, or any program for that matter, is to actively participate. It’s simple: what you put in is what you’ll get out.

Understanding the Timeline and Workload

The Reskill program is an average of 8 to 12 weeks, with the flexibility to work at my own pace. While this flexibility is a great feature, a lot of it depends on my current workload and the demands of my job. It’s expected that we will spend about 15 to 20 hours a week working through the training on the Booster site. At times, this can feel like a heavy load, especially when juggling the demands of my regular job. Balancing both the Reskill program and my daily responsibilities can be a challenge at times.

Diving into the Training Content

The training program itself has been a mix of structured learning and self-paced modules. So far, we’ve walked through the process of setting up a new demo company and familiarized ourselves with navigating within Business Central. This part of the program follows a case study of a company implementing Business Central, guiding us through setting up the demo company, chart of accounts, dimensions, posting groups, bank accounts, and general journal templates.

While the core training is self-paced, one aspect that I feel could be improved is the depth of the resources available within the course. The materials provided in the training tend to be brief, and instead of detailed step-by-step instructions, we are encouraged to visit the Microsoft Learn site for more in-depth explanations. While this is valuable, I find that a more detailed approach within the training program itself would help solidify concepts. Visual resources, especially videos, would be especially helpful in understanding some of the more intricate processes, particularly when working with complex topics.

Real-World Application and Live Sessions

One of the best parts of the Reskill program is the opportunity to apply what I’m learning in real time. Even though I’m still in the training phase, I’ve already started to implement some of the concepts in my role, particularly when supporting clients within Business Central. This immediate application helps reinforce the training and helps to solidify the learning.

The program also offers live training sessions that I can sign up for, based on my learning goals. This week, I attended a session focused on inventory processes within Business Central, where I gained insight into how the system tracks and manages inventory. These live sessions are a great supplement to the self-paced training and allow me to gain a deeper understanding of areas that are relevant to my learning path.

Looking Ahead

As I continue through the Reskill program, I’m excited to see how the remainder unfolds. I look forward to gaining more experience and knowledge, particularly in advanced topics, and I’m eager to continue applying what I’m learning to support current and future clients.

Overall, the Reskill program has been a valuable experience so far. The flexibility and self-paced nature of the training make it manageable, but I hope that future groups have access to more structured and visual resources in the training materials. That said, I’m looking forward to the next stages of this journey and the growth it will foster, both professionally and personally.