Accounting via Microsoft Dynamics 365 Business Central
- Updated on 13 Jul 2020
- 1 minute to read
Dynamics 365 Business Central is designed for businesses looking for an all-in-one business management solution that's easy to use and adapt. It connects your finances, sales, service, and operations to streamline business processes, improves customer interactions, and enables growth.
Mambu, as a cloud banking platform, only acts as a sub-ledger to store the Journal data for the Financial Institution that is built on top of it. Banks often use third party accounting platforms such as Microsoft Dynamics 365 Business Central to manage their finances, operations, sales or customer service.
Microsoft Dynamics 365 Business Central is aligned with Mambu with the help of a Chart of Accounts which sets up a common set of definitions for the GL accounting codes between the two systems.
The Mambu-Microsoft Dynamics connector’s main business flow: Extract all Journal lines created in the previous day from Mambu at midnight and post them as Journal Lines in Business Central. The Journal lines contain information regarding the following entities in Mambu:
- GL account
- Transaction Id and Type (ex: Disbursement)
- Loan/Deposit Account