Webinar – A Modern Take on Fund Accounting for Non-Profits Using Dynamics 365 Business Central

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Written by: 360 Visibility
Published: June 20, 2022
Watch the webinar for a deep dive into challenges faced by non-profit organizations and how you can manage funds, allocations, approvals and budget controls with Dynamics 365 Business Central and Tangicloud Fundamentals.

Thank you to all the amazing non-profit organizations that registered and attended our Non-Profit Fund Accounting for Dynamics 365 Business Central Webinar! We loved your engagement and questions, and hope you gained valuable insights for your accounting needs.

Here’s a quick recap of the webinar:

  1. Overview of 360 Visibility
  2. Highlights of Dynamics 365 Business Central
  3. Customer Success Story – United Church of Canada
  4. Deep dive into Fundamentals Fund Accounting solution for Business Central
  5. Automating business processes
  6. Fund Management
  7. Allocations
  8. Approvals and Budget Controls

Dynamics 365 Business Central Fund Accounting for Nonprofit Organizations

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Click here schedule your free nonprofit fund accounting consultation.

Transcript

Hello and welcome to our Fund Accounting and Grant Management Webinar. Thank you for taking the time from your busy schedules to join us today. We’re really hoping that you find the information that you get here today gives you some valuable insights and helps you run your non-profit organization.

There is a Q&A window available to you if you have any questions as we go throughout the presentation. Please feel free to drop them in the Q&A chat window and we’ll do our best to answer the questions at the end of the webinar and throughout we will have one or two questions for the audience as well. So let’s get started. First want to start with a bit of an introduction, also go through our next sort of overview of the cloud applications that we’re going to be speaking about today for non-profit organizations, we’ll briefly highlight a success story and then we will jump right into a demonstration, which is really sort of a show and tell. I’ll be doing lots of telling while I show off our Microsoft Dynamics 365 Business Central solution with Fundamentals for Non-profit Accounting and then as I said we’ll have a Q&A at the end.

So I am Barbara Allen I’m going to be your tour guide today and i am going to start with just a little bit about 360 and then get right into product so 360 visibility we have been around for quite almost 19 years would be this um actually it is 19 years founded in 2003 we are what we call a full microsoft partner so we’re really technically what we call a tier one microsoft gold partner and we are all things cloud so what that means is we are um dealing with all of the various solutions from microsoft including the dynamics 365 suite which is what we’re going to be looking at today one component of that so business central as well as sales or crm we also deal in office 365. everybody on this call probably uses that today any of your excel outlook word and then also other components such as teams and things like that are included in that and we also do managed azure services so we can help guide you through the various pieces of the cloud and help manage that for you as well as security a few of our partners are sorry our clients with in particular in the not-for-profit sectors you may recognize some of these names you may be related to some of these organizations or at least heard of them so a question for everyone attending today i’d like to hear from you what are some of the challenges that you are facing right now with your current accounting solution so please share your comments in the q a window give everybody a moment so is anyone having any challenges today that’s bringing you here looking for a solution we’d love to hear about it okay so managing funds reporting business intelligence these are some of the things that i’m seeing so that’s great okay so these are exactly the solutions that we are going to talk about in particular managing funds and overall access to information to run your organization so the solution we’re going to take a deeper dive look at today is called microsoft dynamics 365 business central and fundamentals it is a single comprehensive solution that will connect all your business processes various systems and your team in your organization so that you can work together with a tool that’s very familiar looking being in the microsoft space everything from you know fund grant and loan management finance management of course approval workflows and controls budgeting allocations looking at encumbrance and commitments as well as procurement all of these and reporting of course are all wrapped into one comprehensive system and this is what we will be demonstrating today so before we get into the solution just a quick um statement really or a success story from one of our clients the united church of canada uh when we met them they were very much probably in a similar boat to the person who dropped in the comments about struggling with reporting one system as well as fund accounting they really wanted to get onto a modern platform so they’re running an on-premise older platform they could not really keep up with growth it was constantly they were you know adding new reporting needs and new entities new funds and they were really struggling to manage all of that and they really had a lot of complicated integrations going on back and forth through um you know different reconciliation systems donor management systems and so on and they wanted more control over um how funds were being allocated and spent and and oversight onto that so they implemented dynamics 365 business central with fundamentals we helped them simplify workflows we put in place some very specific fund accounting rules and allocations for non-profits they implemented budget controls and they really took everything off of the on-premise model saving them a lot of it costs licensing costs they didn’t need to manage servers anymore and they by putting everything into the cloud okay all right so what we want to do today is get into the software and into the solution how can it help you so i’m going to be going through only a handful of very key functionalities particularly particularly going to dive deeper into managing funds and talk about that and how funds are used how they’re set up um how they act in the system we’re going to look at allocations as that’s always a really critical need to allocate things across departments across funds um etc and we’re gonna look at overall um business controls we’ll say business rules and approvals are part of that and as we begin we’ll the actual software demo i’m also going to go through and just show you what this modern and connected experience looks like so we’ll talk a little bit about the interface at the beginning okay so first fund management that is one of the critical things at the non-profit level of accounting right it is one of the core foundations it’s not the only important thing but it is probably what is bringing most of you here today so funds really are required at every transaction throughout the system there is automated fund balancing we’re going to talk a little bit more about how types of funds and classes of funds can be set up and used for reporting um also looking at you know restrictions that can be put in place to help you manage when a fund can be posted to when it can’t um notes on how it’s used and so on so giving you all the power to enter your transactions by funds and then also thereby report back out of the system by fund from there we’ll move on to allocations and again allocations being very critical in terms of distributing expenses there are several types in the system there are allocations at the line level so they are available on every document and every um journal type and they can be done as a line so fixed percentage they can be done when you input something it gets marked up and there’s rules around that we’ll talk about that you can batch allocations and run them as a as a month-end process so that’s common if you’re doing you know overhead allocations at the end of all your expense postings you can also do what we call an indirect cost allocation which is you may have a cost recovery or you may be assigning an admin percentage onto a transaction okay and also there’s of course labor distribution to help you distribute payroll expenses and then our last key bucket of functionality that we’re going to dive into are approvals and controls and there are a number of things in the system that help with this there are approvals themselves which again can go on to a document to a specific line on a purchase invoice for example there are budget controls set up and budget approvals or you can send entire batches for approvals we’re also going to talk about business rules and some security things that are also part of the control bucket okay so i’m going to leave the slide deck now for a bit and we’re going to go into business central and take a look so i’m going to flip between two different companies in business central but business central is multi-company you are able to set up as many entities and organizations as you need to manage that’s fine and this is the home page as we call it so i’ve already logged in and i’m taking a look at this and my home page is really associated to my role so my role can be assigned as you can see here i’m just going to sort of log in and see i can change my settings right now i’m logged in as a business manager there are a lot of out of the box roles inside business central that you can switch to that give you different views and what they do is just tailor the experience that you have on your screen to try to help direct you to the most important things to your day i can also change companies here and then of course we just have some settings on dates and so on okay the navigation throughout business central there’s a number of ways to navigate there are again these menus are arranged by my role so i am a set up as a business manager i may have things in finance that i can do so they’re grouped here cash management group tier and so on so this is our ribbon menu and then we also have a number of other quick ad things here if i’m not sure what i’m looking for i can always use the search so the search is intelligent so if you start typing in um perch it’ll start bringing up everything that starts with that so if i was to say perch invoice it should narrow down that it’ll first list for you different windows that you can go to and it’ll tell you the type of window and then it also will start asking you well did you want to get help was there documentation that you want to search for and you would then go out into microsoft’s extensive help site i also can bookmark things so let’s say that purchasing codes isn’t on my menu but i want to have it shortcuted so because i go here often if i bookmark that it will now be there for me and it will show up under this menu here okay so always trying to make things easy to navigate if we take a little look at our vendors list we’ll just talk about kind of how pages can look so you can change how pages look to you you can take it from being a tile to a list which is probably more common and everything that is in a list or page almost always can be pushed out to excel so you can share it and i can open in excel i can share it in teams again highlighting that link with the microsoft products i can copy the link and send it to someone etc list pages also are sortable so this is a pretty short list but let’s say i want to sort it by um you know the opposite way for vendor number or i wanted to narrow down to a vendor i can also filter so filters are easily applied by just saying i want to filter by vendor number and i want to see everything that starts with a 2. so this is very simple to do and work with data inside all of the pages of dynamics 365 business central okay so if i just head on back um also actually i’ll go back into our vendors another note you’ll see is a sidebar right now i’m filtered for every record i’m clicking into we’re seeing these vendor statistics change if i don’t feel like i want to see this i can hide this window or i can leave it on i also can drill into any of this data so it’s giving me the vendor balance which is also displayed here so either place and i can further drill in and look at the information and get down to the details that are making up that vendor balanced throughout the system you’ll in this fact box you will also see what we call attachments so for every record you can add a link this could be a link to a sharepoint document stored a something stored on one drive you could actually just attach the pdf itself and also you have the ability to create notes so this could happen on a vendor record could happen on a purchase invoice it could happen on a general ledger transaction wherever whatever you’re doing in the system so these are just a few of the um sort of general navigation you’ll see throughout the system um also you are able to personalize what you’re seeing so if we head back up here to my setup tab there’s a personalize button and what that means is you are able to add if there are fields available we’ll just go in here and we may wish to add for example the payment terms code so i can quickly just put that in here and it now is added into my list if i don’t like where it is for example i can shift it around perhaps i don’t want the phone number anymore i could remove that as well so you are able to personalize all pages within dynamics 365 business central to how you want to work and see things and when i click done this will be saved for me okay all right so that’s a little bit about the navigation and the general features of business central let’s dive into fund accounting the fund management so as we said funds are the core of the accounting they are required they are tracked very especially with inside business central and fundamentals they must be used on all transactions when they are fully defined by you so your list can contain as many funds as you like and need to operate your organization okay so if we take a look at our fund list we have a number set up so defined either by a number or it may have more of a word description so if we take a look at for example our general fund we can open up what we call the fund card okay so the fund is essentially defined by you and a number of things you’ll see a lot of information on here some of it is relevant some of it is not most of it isn’t required except for of course you’re going to need a fun name and a fun number fun class code and fun type code are two very important pieces and these again are defined by you how you want to classify and type your funds they are both reportable so meaning they are also tagged along with the transactions so that you are able to report on these afterwards okay the class defined the rest and restriction type and it also defines where this is going to get closed out basically at when you do the year-end close so if we take a look at our fund classes that we have set up i’ll just expand that they define the net asset account number that’s going to be used which could be all the same or it could be unique per fund and it also determines if it has restrictions or not okay so this is one of the really critical pieces on the fund setup you can also block funds if they’re no longer used later on and so on the other key thing is if you want to restrict the usage of a fund in terms of posting to it you can define a posting from and posting to date so let’s say a fund is only active for a single fiscal year or a quarter or several years whatever that may be you can put in those dates to ensure that that’s being restricted okay we also have a few notes these are just more note uh memo fields so if there’s a usage restriction so if this was only to be used for education or renovation or something like that you could put that information in here at the moment it doesn’t do anything but give information if there’s a grant related to this fund that has different sets of dates you can enter that information and so on okay um if we look at the source again we have some information if you wish to track the source of this fund so you can enter their name address etc if it’s an organization or an individual okay let me just shrink some of this up dimensions this may be a new concept for some on the call if you’re not familiar they are again pieces of information they get tagged to transactions and they flow throughout the system so that you can report back on them you can filter you can write reports based on these dimensions so if there are particular for example in our system here we have a department code a region code a program an event code that is in use we have more available to us but these are the ones that are in use so if this particular fund was for a specific region or a specific program etc then you could say that that dimension must default with this fund and then that’ll automatically fill in for you and you don’t need to worry about it and then we have basic audit trail information that you’ll see throughout the system okay so that’s our fund card and that’s the individual funds the fund accounting part the rules around how funds are accounted for is driven by our fund accounting setup and this also has a lot of information we’ll just highlight some of the key things essentially what’s happening with this setup here is we’re determining what controls are being used this controls how entries are going to post from funds via accounts payable receivables and bank or cash entries and there’s depending on the selection that you choose which i can’t edit this at this point because i’ve used this company um not easily anyway is you can determine for each of the areas what fund is going to be used so there’s a few things you can use the fund that is associated with the purchase line or you can use the fund that’s associated with the other options are whether or not you want to use the document itself or a balancing fund okay so in a distributed method ar and ap entries are going to follow the same line the same fund as the the lines on the purchase invoice so what does that mean so if i have a purchase invoice that has uh to fund zero zero one and zero zero two that means the accounts payable portion of that entry that post is going to follow to those funds as well if you’re using a default balancing fund that means that everything will flow through one fund on the on your on your assets but will not and will not follow the lines and do to and do from entries will get made okay so there’s really those two main methods as well as you can use a bit of a hybrid but we won’t get into that today but just note there’s a lot of flexibility about how you want to set up and flow your fund accounting okay always note that funds must always be in balance and therefore the system is set up to make automated due to and do from entries for you per fund and those accounts can be defaulted and configured so that happens automatically so let’s take a little bit of a look at what some of these concepts look like on a document so let’s head over to a purchase invoice and i’m going to call up one that we’ve already done and we’re going to take a look at you saw that our settings were set to follow the fund on the purchase lines and you’ll see here that we have a purchase invoice this is to blue cross and you can see that we are going to go to two different funds fund zero one and fund zero two and we have our two amounts here so there’s a concept of previewing the posting in business central which is great for making sure you don’t have mistakes or issues because it’ll call them out for you to correct so if we take a look at the preview posting it’s going to generate a number of lines and we can look and see what it would look like from the general ledger once it posts through and that’s what we’ll take a look at and you’ll notice we have five lines posted here so if we look at our first one we’ll see our initial thousand dollars that’s going to our expense account then we have that being distributed so you see it’s a distributed fund and that’s being entered into the thousand dollars is to payables this is a payables um account and then we see our 500 also being distributed on the payable side so what that’s doing is ensuring that the fund is balanced because there is no crossover between the funds and then we have what we call an information entry here which is helpful to just recap for you that it was a fifteen hundred dollar payable in invoice that was being posted this line doesn’t post it’s just information and at any time you can also see what was your entered amounts versus what got distributed okay so that’s how that would look like in a distributed fund accounting model so just getting some warnings here to talk a little bit more demonstrate more about the automated balancing by fund let’s take a look at a gl entry that has crossed funds so if i go into my general journals i believe this is one that i’ve crossed nope this one here so if we take a look at this entry this is a general journal so we have our typical fields here we have what type of account it is it’s a gl account so essentially i’m you know booking accruing accounting fees as an expense so i’m making an accrued expense and it’s going from my general fund to my library fund thousand dollars thousand dollars so we already heard that you cannot have unbalanced funds if i take this and now do a preview on this we can see the automated entries so we see that we have four entries being made and you will see that we now have our initial entries to our two gl accounts and then we have a do two and a do from that have been also created and these accounts are being pulled from the setup that i have created for the inter fund accounting setup so you don’t need to worry about balancing and reconciling because the system is doing that for you okay so while we’re in the general journal this really does lead into our next section which is looking at allocations and different pieces of information that also can be done with a general journal if we want to talk before we get to allocations there’s another useful item when you’re keying journal entries you’ll see here i would have had to enter the fund if i wanted to enter additional dimensions as we talked about for department and a program code region code event code i’m sort of scrolling down here to do that there is another feature that we’ll take a look at called autofill and autofill also becomes one of the business rules that we’re going to talk about later in that it gives you an automated way of gathering things together so if i don’t want to have to remember all the time what utilities should be coded to in terms of the gl account number the fund number and the department code i can create a code for that that i simply select when i’m doing an entry so whether that be a journal entry purchase order purchase invoice i can choose this and this information will default for me and i can define further things down here so it can be a very excellent way especially if you have purchase requisitions in your in your in your system and you don’t want everybody having to memorize the chart of accounts you can create very specific um codes that are meaningful to them that they know to use and they can just code their requisition and send it off for approval allocations this is really we could we could have shown an allocation on that last journal entry but let’s talk a little bit about it first before we go ahead and make any of them there are three types of allocations and these are automated allocations within the system they are not things that are you’re doing outside in excel and then coming back and keying in so under allocations we have um basically two major types line allocations and markup allocations and then we also have batch allocations which is really just a way of running a number of allocations on mass and a batch so markup allocations we’ll talk about first and for example i mentioned earlier the indirect cost allocation and what that could look like is defining or it could also be a way of charging let’s say an admin fee on something for time that’s worked so you have our code we have our description then we have filters for that allocation and what we can do is determine the conditions under which this allocation would kick in if we used it so we’re going to say that it’s going to be on fund03 whenever this account 81 110 is utilized and then you could further filter that down into very specific departments or regions and so on down here what we’re doing is i don’t have a description but you can so this can be the markup on the cost and then this is the offset as to where should that post to so for every ex i believe this is travel expense supplies expense we’re going to add a markup of 10 and charge that off to the admin department and the offset is going to go into this account and to this department and that’s really how an indirect cost markup works you don’t need to do anything to book that 10 difference it automatically will do that and then we have we go back to allocations we have what’s more commonly used i would say what you know for month end and just distributing cost are line allocations and line allocations are essentially a preset fixed percentage breakout of an expense from a single line of entry to multiple so classic example is redistributing uh rent or utilities or um something like that or a certain i you know redistributing it cost to all programs for example and things like that so they are manually selected when you’re doing an entry or they could default from a vendor they can’t even default from a fund so if you have a fund who’s you know any cost or anything that’s hit that fund is automatically distributed to multiple programs within that fund with a set percentage so whether it be income received or expenses incurred you could set it up on that fund and it would automatically post to the various programs every time okay so let’s take a look at the line allocations um so we have our departmental one i kept it simple look at this one and what we do is we have department and program for admin expenses so what’s been set up here is you’ll see the total percentage of 100 percent it must come to 100 so you must distribute the lines here evenly so what this is saying is that for every time that we are hitting the um the device with gna allocation we’re going to hit this department and that department code is going to get 15 the development and i forget what this program is i think it’s fundraising is going to get 10 admin is going to get 30 to the general program and 45 to the fundraising program so maybe not a great example but you’ll be able to see how this works okay we can also default this from a vendor as i said um so if we go into that we can take a look sign my vendors so for example if i always wanted to default staples i could default both um just trying to find it the fund number and i can also default an allocation code okay all right so if we take a look at a journal again because this is an easy way to look at this okay so now when we post and preview this we should see it split out into the various departments so we have here the first combination of um department and program second and the admin and we’ll see this is going into the accrued expenses okay so this is me entering one line but it’s being split the cost is being split between the various departments and of course we’re staying within one fund here so no balancing entries being made okay so those are the two key allocation methods layered on with allocation methods are a number of other business rules that can kick in and come into play business rules are things that essentially drive validation and approval and some of the security so there’s a few types of business rules we have validation rules as the first one so you might have seen here there’s a status column that is in a number of screens that we’ve looked at already it is on journal entry lines it’s on invoice entry lines and it’s even on batch lines and what that is is this is the system programically looking to see what validation rules were set up and are we is this entry meeting those rules so we don’t actually have many enabled but i do have some set up that we can just talk through so in terms of validation rules for example expenses this is a very simplistic one that we can walk through and what it’s going to enforce is to say when this gl number so whatever is over on this side when this happens then this must happen so what this one is set up is to say is when the glo account number starts with eight and eight are our expenses in terms of g expenses so general administration expenses then you must have a department code and this filter is that means is not blank and if we click here it’ll show what the options are for that condition so this is ensuring that all the general admin expenses are getting coded to a department um if this was enabled there are a number of other things you can filter on here to make conditions exist it could be depending on what you’re using it could be dimension based like the program code region it could be if a certain user created an entry then like another condition must happen or a vendor okay so these are some basic validation rules they’re usually restricting users to a specific range of gl accounts customers vendors or dimensions okay so if these are not valid you will not be able to post the other type of business rules that we have are what we would call approvals so approvals are they really are two flavors there are approvals at the document level so the overall document and their approvals at the line level so approvals at the line level must be met before it can carry on you can stagger these or stack these so that you have line approvals and document approvals so perhaps there’s a purchase order or a purchase invoice that is multi for multi-programs or multi-funds they may need different approvals for each of those lines and someone else also needs an oversight on the total spend with that vendor that’s a case where you would have document line approvals and the overall document it will not process it for the overall document until all the lines have been approved because that would be rework for someone okay so they can be set up fairly intelligently with validation rules as well um to flow through the workflow engine okay so let’s take a look at a document um approver approval i should say um actually what we’ll do is go into the document itself so purchase invoice is a common one as is purchase order generally we see people use one or the other um the line is very similar to this in terms of approval again it looks a lot like our validation when this happens or when this condition exists then this must happen on the right side so what we have set here is a very basic if the document type is a purchase invoice and again i have options here again i could look at routing certain funds or certain vendors or certain gl accounts to approval for different conditions i’m saying any invoice that’s over zero it’s more than zero must be approved and what type of approval do i want so in the system there’s different approval types we can send it specifically to a default approver id all the time and what that’ll do is send it to the same person the same approver every time every purchase invoices is sent not very dynamic you can also send it to a specific user and it’ll go to that user every time you can also send it to a group so a group as what we have set up here means there’s multiple people that must approve this and they can be sequenced so if we take a look at this setup it’s not going to let me set up i’ll set up a new one here um the code what you can do is set up a number of people and i can say that the admin administrator must look at it first and then megan must be the second person to approve you may even put multiple people in the same sequence so you can control this sequence so if i say that both edmund and megan are in sequence one that means that one or the other must approve before it moves down into the next level so there’s a fair bit of sophistication that can happen between the approval rules the validation rules and how you might use a workflow user group you can also attach the approver to the user setup themselves where you can show that a user has an approver so for example if i take a look at that and i look at my user setup what’s happening here is that megan has an approver of the admin and that’s where anything that she sends for approval unless the rule states something different will go and then we also have our substitute i can substitute uh if i’m an approver i can substitute this and then delegate that approver to someone else okay so a fair bit of flexibility there as well so let’s take a quick look at what that looks like with a purchase journal sorry with a purchased document so if i look at canada computers for example i have a i’ve set up a rule that says that if anything is going to the it department as an expense for the general fund that it must get approved um i’ve it’s you’ll see here our status is on approval hold because it’s not been sent it’s not been approved yet so what i can do is if i change this department you’ll notice that our status will change oh actually i already sent it so sorry it doesn’t want to do that if i was to change that it would change our status here so you can easily send for approval by going request approval and send for approval request i can also cancel an approval request if i’ve already send it so i’ve already sent it once i want to cancel it i can go ahead and do that as well approvals are sent via an email and you get the approver gets that notification in their inbox they also can see the approval within side business central and if i go here i’m able to see anything that is sent by me and anything that’s sent to me for approval so because i delegated that one um i did not delegate that one i can’t see it but if i go to sent by me i can see that i sent and this is the person that has to approve it okay so that’s a little preview on how you can use approval workflows they are editable they’re configurable and they also are present for all types of transactions within the system we also have last thing i want to sort of highlight before we take questions is budget rules so back to controls and budgeting budgets can be set up in the system if we take a quick look at what that looks like in the system i can scroll through budget has not really been entered for a ton of things here but if we take a look at software for example at a glance i can see what my budget was i can also see what was committed so what have i got that needs to be approved purchase requisition and once it’s been issued to appeal it becomes an encumbrance on my budget so it’ll shift from this column to this column and of course when paid it becomes an actual so there’s always a calculation going here showing what’s available which is really your budget minus your encumbrance commitments and actuals okay budget controls also can control the spending against the budget so setting a budget doesn’t mean people aren’t going to spend it however what can be set up are budget rules as well so if we take a look at a budget control what you can do is set it so that if a budget is exceeded you can generate a warning or an error an arrow will stop any further transactions for help from happening so basically here what we have set up is we have said which budget are we looking at so we’re looking at our operating budget do we want it to be a year-to-date calculation or life to date or the entire year or just the period that we want to examine when we’re doing the calculation for the warning you can include unposted journals and invoices or not you can include commitments or not um and encumbrances as well as requisitions so this is a choice of how many things that are maybe not fully committed in the system do you want to count against the budget okay and then you can set a tolerance percentage or amount as well so meaning that if you are under that tolerance and your budget’s about to be exceeded by a purchase invoice it will allow you to go ahead without that warning or that error okay so that’s just one of the controls we can put in place for the budget okay so that is uh everything i really wanted to walk through it was quite a lot um hopefully everyone got some great information out of that and what we’ll do now is just uh go back into our presentation and really just wrap up with any questions okay so what we just looked at again was dynamics 365 business central with fundamentals so it’s a way of connecting your organization enabling you to have more visibility and make decisions and use a very flexible i hope you saw that and modern system all right so we had a question or two here i will try to address them if i can’t i will follow back up with you with perhaps some additional information so we have a question around grant loans to perishes and hold savings for all parishes so read-only licenses yes read-only licenses are available it’s called a teams user we’ll follow back up with you after the presentation and we can speak to a bit more about that when you’re transacting in the system you’re using a full license which is what i was using but if you want people to view only you can use a team’s license and what people view and what people do in the system is very configurable because this is probably another question that will come up next with permission setting you can restrict them from you know perhaps they can enter purchase invoices but they can’t make payments you could also restrict that somebody can only see one fund so your parishes that only want to be able to see a trial balance for their fund or their loans you could restrict it so they would be able to view transactions only for that particular set of data um someone asked is this tangie cloud for the fun tracking yes this is so we showed it’s actually called fundamentals by tangi cloud so it’s dynamics 365 business central with tangie cloud fundamentals is what you just saw okay and i’m just looking to see if there’s any other questions so i think we had some in i’ve missed yes you can attach documents to the fund card pretty much everywhere you will see a lot of my windows i had the window closed to give more real estate more visibility there is definitely an attachment and notes feature there um questions on the shortcut dimensions once we use shortcut dimensions five code for purpose for one can we use shortcut dimension for purpose two for i’m not sure i understand this question i may want to follow up with you on that so in what i just demonstrated fund is not actually a dimension it is handled by the software as a dimension would be but with more features and more robustness in that um you saw that we can close net assets to specific accounts for funds and there’s inter-fund accounts set up attached to funds so it has it is as relevant as a global dimension for those of you that are available are already familiar with business central um but it is more than that so if you’ve already used a shortcut dimension for a fund we could you could repurpose that and we have done that with other organizations that have transitioned um to business central with fundamentals but yes if you could reach out to um john with that question we’ll have a more in-depth conversation um yes you can purchase this at the fund module through 360 visibility again reach out give us your contact information we can follow up with you on that we are a microsoft partner and we are a partner selling the and implementing and supporting the fundamentals application as well let’s just see can business central interface with adp workforce now and bean works well the short answer is yes anything can be interfaced um it’s a matter of whether that’s out of the box or something that we have to work with you and workforce workforce and bean works on um it’s a bit of a technical answer but business central is really based integrations on web services which is a very commonly used platform now for for systems to speak to each other so i am very confident that if we spoke to workforce and bean works that we probably could work with them if there is not a connector out of the box there are several connectors for different applications published by microsoft and by their vendors in the app store and if not partners like ourselves can help you create that api and even train your team how to create that api um let’s see don’t have any new questions we’re almost out of time these are awesome questions thank you i think did i miss any i hope everybody saw what they expected to see um feedback is welcome if there’s anything else that you would like us to follow up with you more directly on please again reach out to john his email is there or myself i’m not sure if my email is published there okay so john’s also dropped my email in the chat for anyone okay well i’m here for a few more minutes if anybody has any more questions oh let’s see i think we have a new one thank you all um again i don’t see any new questions coming in i’ll give everybody maybe another partial of minute and i just want to say thank you for joining today it was uh i hope again that you found it useful and reach out if you if we can help you further

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