LBMC Technology Solutions

ERP & Accounting Software

ERP & Accounting Software, Microsoft D365 Business Central

When Does Support for Dynamics NAV Actually End?

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If you’re running Dynamics NAV today, the clock on your version is already ticking — and for some organizations, it’s closer to running out than they realize. Microsoft has laid out a clear, fixed timeline for when each NAV release loses support entirely, and that timeline is the single biggest factor most businesses underestimate when planning a move to Business Central. Here’s what the dates actually mean, and why waiting rarely saves as much time as it feels like it does.

ERP & Accounting Software, Sage Intacct

Sage Intacct Hacks Every User Should Know

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Sage Intacct is a powerful system packed with features designed to make work easier, faster, and more accurate. But many users—regardless of their role—stay focused on the basics and never discover the tools that could dramatically improve their workflow.
Whether you’re entering bills, running reports, managing budgets, approving transactions, or overseeing projects, these high‑impact Sage Intacct hacks can help you work smarter every day.

Automate Accuracy with Smart Rules and Smart Events – Smart Rules and Smart Events are some of Intacct’s most powerful tools for preventing mistakes and keeping workflows moving smoothly.
Why they help everyone
• They enforce required fields so nothing important is missed.
• They stop incorrect entries at the moment of data entry.
• They send automatic alerts and notifications as transactions move through the system.
Examples any team can benefit from
• Prevent bills from submitting without memos
• Require a department, project, or class on certain transactions
• Notify a manager when a payment is made

ERP & Accounting Software, Microsoft D365 Business Central

NAV 2018 vs. Business Central

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If you’re running Microsoft Dynamics NAV 2018, you’re likely asking one of two questions: “Do I need to upgrade to Business Central?” or “What actually changes if I do?” Here’s a direct answer to both, along with the details behind them.
What is the main difference between NAV 2018 and Business Central?
NAV 2018 is an on-premises-only ERP system with manual updates, no AI capabilities, and a retired Windows desktop interface. Business Central is Microsoft’s cloud-based (with on-prem/hybrid options) successor, built with automatic updates, native AI/Copilot features, extension-based customization, and deep Microsoft 365 integration. In short: NAV 2018 is a legacy platform in extended support; Business Central is the actively developed, modern replacement.

ERP & Accounting Software, Sage Intacct, Technology Solutions

Dimensional Accounting: A New Way for Finance to Work

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As organizations grow, so does the complexity of their financial reporting. New entities, departments, locations, programs, grants, or classes all demand visibility, but many finance teams try to manage that complexity by continuously adding accounts to their general ledger. The result is an overgrown chart of accounts, rigid reports, and far too much time spent manipulating spreadsheets.
This is exactly the problem dimensional accounting was designed to solve, and it’s one of the core reasons companies choose Sage Intacct.
In traditional accounting systems, reporting relies heavily on the chart of accounts. Want to track expenses by department? Add accounts. Need reporting by location or project? Add more accounts. Over time, this creates a bloated GL structure that is difficult to maintain and even harder to analyze.

ERP & Accounting Software, Microsoft D365 Business Central

Moving Document Attachments to External Storage in Business Central

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Every scanned invoice, vendor packing slip, and signed sales order attachment in Business Central lives in the same place: your production database. That’s fine until it isn’t — until you’re staring at a capacity warning and realizing that years of PDFs are eating into the same storage limit as your actual transactional data. Business Central now has a built-in answer to that problem: external file storage. Here’s what it actually involves.
The files themselves move off your database and onto external storage; only the link back to the record stays in BC. Users don’t see a difference — they still open, add, and manage attachments from the same Attachments FactBox they always have. What changes is where the bytes actually live.

ERP & Accounting Software, Sage Intacct

Critical Things to Check Before Importing Data into Sage Intacct

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Data imports can be one of the most powerful features in Sage Intacct, allowing you to load large amounts of information quickly and efficiently. Whether you’re importing customers, vendors, GL accounts, journal entries, or transactional data, imports can save significant time — but only when the data is clean and formatted correctly.

A consistent pre import checklist helps you catch issues early and avoid the most common errors. Below are the top things to check before you hit “Upload,” along with the mistakes they typically prevent.

ERP & Accounting Software

Purchasing and Cost-Management Approvals in Sage Intacct

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Effective purchasing controls are essential for any organization that wants to manage spending responsibly and maintain clean audit results. Within Sage Intacct, purchasing and cost-management approvals are designed around a straightforward principle: no single person should be able to request, approve, record, and pay for the same expense.
This separation of duties is one of the most important safeguards auditors look for when evaluating internal financial controls. By structuring approvals carefully, organizations can reduce risk, maintain transparency, and create a reliable audit trail for every transaction.

ERP & Accounting Software, Sage Intacct, Technology Solutions

Can Sage Intacct Employee Users Approve Transactions?

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Organizations implementing Sage Intacct often ask a practical question when setting up workflows and internal controls: Can employee users approve transactions in the system?
The answer is yes—but with an important condition. Employee users can approve transactions in Sage Intacct only when the employee also exists as an active system user with the proper role permissions and is included in an approval workflow.
Understanding this distinction is essential for designing effective approval processes and maintaining strong financial controls.

A Hard hat with a construction scene in the background
ERP & Accounting Software, Sage Intacct

Construction in Progress in Accounting

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Construction in Progress (CIP) accounting represents one of the most complex areas in fixed asset management. The stakes are significant: miscategorized costs trigger audit adjustments, delayed capitalization decisions impact depreciation schedules and tax positions, and poor documentation creates compliance vulnerabilities that surface years later. Construction in Progress is used when a company is building something that takes time to complete—like a new facility, major equipment, or large infrastructure. Instead of recording these costs as expenses or completed assets right away, CIP keeps them in a temporary holding account until the project is ready for use.
This treatment matters because it ensures financial statements accurately reflect what a company owns and how much it invests in long-term assets.

Futuristic Screen with Finance Data
Financial Planning & Budgeting

From ERP Data to Strategic Intelligence

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Enterprise Resource Planning (ERP) systems capture nearly every financial transaction across an organization. General ledger entries, accounts payable, accounts receivable, purchasing, inventory, payroll, and operational metrics all reside in one place. Yet many finance leaders still struggle to answer fundamental business questions quickly.
The problem is rarely a lack of data. The problem is transforming that data into meaningful insight.
As organizations face increasing pressure to improve profitability, manage cash flow, and respond to changing market conditions, finance teams are shifting their focus from producing reports to delivering strategic intelligence. The organizations that succeed are those that transform ERP data into actionable analytics.

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