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Hi, I’m Siddhi Darekar! I've completed my education with an MBA in Finance degree, but somehow ended up in the IT world. Since then, I’ve been diving deep into the ERP space, learning as much as I can along the way. Here, I share what I’ve picked up about Microsoft Dynamics 365 Business Central, hoping to make the journey a little easier for anyone else navigating the ERP world. Feel free to explore my posts and learn with me!

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Choosing the Right WIP Method for Your Business Central Projects.

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Managing projects in Microsoft Dynamics 365 Business Central isn’t just about tracking tasks—it’s about timing your revenue and cost recognition. That’s where WIP (Work in Progress) methods come into play. Whether you’re in construction, services, or implementation—your project accounting can get messy fast. WIP helps clean that up. Let’s explore the five WIP methods through simple scenarios to help you choose the right one. 5 WIP Methods in Business Central—With Scenarios! 1. Cost Value "I spend a lot upfront, billing comes later." This method calculates WIP based on actual project costs. It defers those costs to the balance sheet until you're ready to recognize them.   Scenario: You're building a factory. You spend ₹25 lakh on materials and labor in the first 3 months but won't invoice the customer until completion. You don’t want those ₹25 lakh to hit your P&L yet. What happens: Costs get moved to a WIP account, so your P&L stays clean. WIP = Costs Incu...
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Dynamics 365 Business Central: Setting Up an Approval Workflow with Flexible Approvers

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Introduction: In today’s busy work environment, having a smooth approval process is important for keeping things running efficiently. Dynamics 365 Business Central makes it easy to set up workflows that help manage approvals effectively. One great feature is the option to allow approval from "one of" several chosen approvers. This flexibility helps avoid delays and allows different team members to take part in the approval process. By letting any of the designated approvers approve requests, your organization can work faster and better together. In this guide, we’ll show you how to create a simple approval workflow in Dynamics 365 Business Central that requires just one approver from a group, making your approval process quicker and more efficient. Scenario: The purchase order has two approvers but if any one of them approves the approval workflow will be fulfilled. Hence, if one approver approves, all open approval entries will be closed.  A. Workflow user group As shown...
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Out-of-the-Box or Open-Source? Choosing Between Business Central and Odoo

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