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XDynamics 365 Business Central for Charities is tailored specifically to the needs of the charity sector and is an all-in-one business management solution that’s modern, highly functional and scalable for small to medium-sized charities.
Dynamics 365 Business Central is Microsoft’s latest finance system hosted in the Cloud. Microsoft looks after the infrastructure and backups for the application, plus the solution updates automatically so you’ll always be on the most recent version to keep you compliant and current.
As it is based in the cloud it has great connectivity with Microsoft 365, it can even work within Outlook and the Dynamics 365 suite to provide a complete end-to-end solution to manage all your marketing and fundraising activity, volunteers, financials, reporting and more, together in one seamless solution.
As well as the wide range of core functionality available within Dynamics 365 Business Central as standard including Making Tax Digital for VAT, Dynamics 365 Business Central for Charities also incorporates additional modules including Electronic Funds Transfer (EFT), Power BI reporting and Partial VAT recovery – as we understand that these are all important elements for charity finance teams.
Accurate Reporting in Real-TimePower BI reporting provides pre-defined financial-based reports, including SORP reports such as SoFA, which give charities a full 360 degree view of all transactions within the financial system in real-time and the ability to share essential information with their stakeholders.
Automate Partial VAT RecoveryEnsure your VAT is correctly accounted for through our Partial VAT module. Utilise the functionality within Dynamics 365 Business Central for Charities, along with our expertise in assisting charities with complex Partial VAT rules. Save time and avoid operational delays with our effective solution to reclaim VAT correctly, without the need for any 3rd party software.
Our Electronic Funds Transfer (EFT) module provides facilities for users to create their own EFT/BACS formats to help them manage financial transfers more efficiently and flexibly.
Categorise Financial TransactionsThe ability to connect transactions to each relevant activity helps charities to understand where and how money is being spent. With our Dynamics 365 Business Central for Charities solution, all transactions can be tagged with various reporting categories dependent on your charity’s specific requirements. This ensures that your data can be drilled into easily.
Unify with Office 365We are finance people too and understand the preference of working in Microsoft Excel, part of the Microsoft Office (O365) suite. Our solution works in unison with O365 by providing functionality to easily export data into Excel, amend and publish back into Dynamics 365 Business Central for Charities.
Keep Track of CostsBudgeting is key for any type of organisation to manage their costs. NfP 365 Finance can have multiple budgets for your reporting categories. Budgets can be exported to Excel, sent out to budget holders and easily imported back ready for reporting.
Control PurchasesPurchase control is important for any organisation, but for charities it is vital to make sure spending doesn’t get out of hand. Our solution can create workflows that provide multiple steps of approval as required. The approvers don’t even need access to the finance system, just an email to approve and move on to the next step of the process.
Additional capabilitiesDynamics 365 Business Central for Charities goes beyond standard small to medium-sized organisation ERP functionality and offers multiple currency and document reporting capabilities as well as add-in applications in AppSource.
Our guided tour of NfP 365 Finance is for organisations wanting to get a look and feel of the software that will digitally transform the charity.
Complete the form and a member of our team will be in touch to arrange a tour with a software expert with industry experience within the charity sector.
Use your free session to:
• discover the latest Microsoft Dynamics 365 functionality
• see how it integrates with Office 365, Power BI
• test the features relevant for your business/industry
• ask any questions