Cloud Collection for Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Business Central Cloud Collection module seamlessly integrates your financial data into the Cloud Collection portal.
With this application, you can transfer the necessary data for banking transactions, such as customer information, vendor details, used credits, bank accounts, and expense types, to Cloud Collection with a single click, speeding up processes without the need for manual data entry.
Microsoft Dynamics 365 Business Central Cloud Collection integration works in harmony with cheque and promissory note transactions. For example, when the cheques or promissory notes you have given to suppliers are collected by the bank, it automatically detects this process and integrates it into Microsoft Dynamics 365 Business Central's Exchange Module. This updates the status of the cheques or promissory notes as "Paid" when the payment is made and generates accounting entries automatically.
The Microsoft Dynamics 365 Business Central Cloud Collection integration automatically retrieves bank transactions through web services and uses this information to create payment and collection records. This helps you by providing additional information such as dimension, contract number, ledger type, and automates the accounting process.
It automatically records the returns of your deferred accounts and calculates income such as interest revenue. Additionally, it automatically determines the withholding tax records deducted from this income and generates accounting entries.
The Microsoft Dynamics 365 Business Central Cloud Collection integration is compatible with payment requests. It sends the payment requests you prepare to the Cloud Collection Multiple Currency Transfer (MCT) service, allowing you to smoothly and errorlessly transmit your payments to banks without the hassle of paperwork.
The Microsoft Dynamics 365 Business Central Cloud Collection MCT integration manages processes by controlling payment due dates, remaining balances, and payment methods, preventing your company from making payments for amounts not yet due or paying unapproved invoices.
This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.
All countries where Microsoft Dynamics 365 Business Central is available.
English (US) and Turkish (Turkey)