Setting Up New Company in Dynamics 365 Business Central

Dynamics 365 Business Central makes it simple for organizations to set up a new company and start managing operations right away. With its step-by-step setup wizard, embedded product tours, and seamless data migration capabilities, Business Central provides a user-friendly solution for establishing a new company and quickly adapting to the platform. Here’s a closer look at how Business Central makes setting up a new company straightforward and efficient.

1. Creating a New Company with the Setup Wizard

The setup process in Business Central begins by creating a new company profile. By searching for “companies” within Business Central or using the Alt+Q keyboard shortcut, users can open the company management section. The setup wizard then walks users through selecting the company type: production with setup data, evaluation with sample data, or a blank company with no data. For this example, choosing the “production company” option enables a ready-to-use setup that will automatically configure core settings.

Once created, the new company is listed in the environment, ready for further configuration and customization.

2. Configuring the New Company and Navigating Product Tours

After establishing the company, the next step is configuration. The Alt+T shortcut opens settings, where users can start configuring specifics, such as company name, logo, and key identifiers that will appear on customer and vendor documents. Guided tours within Business Central simplify this stage, offering tooltips and instructions on navigating features like cash management, customer profiles, and task settings. These tours help reduce the learning curve, making it easier for new users to become familiar with the platform quickly.

Product tours also offer the flexibility to skip or resume steps, making it ideal for users to learn at their own pace.

3. Leveraging Embedded Videos and Assisted Setup for Learning

To further support users during setup, Business Central provides a range of learning tools, including embedded video tutorials and step-by-step instructions within the application. By typing “videos” in the search bar, users can access topic-specific videos directly in the app, allowing for quick, focused learning without leaving Business Central. Topics like setting up sales tax, customer records, and other foundational tasks are easily accessible.

The Assisted Setup feature provides a task list that automates key areas, enabling users to streamline common setup processes like establishing bank feeds, defining accounting periods, or setting up financial dimensions.

4. Migrating Data into Business Central

The final step in the setup is importing data into Business Central. Users can import master records like general ledger accounts, customer data, vendor lists, and product items using a preformatted Excel template. Simply download the template, populate it with your existing records, and upload it to the system. Business Central then seamlessly imports the data, integrating essential records into the new company profile.

With data migration complete, users can start exploring their imported customer lists and item catalogs, ready to manage operations from day one.

Benefits of Quick Setup in Business Central

Business Central’s structured setup process minimizes the time and effort needed to launch a new company. From guided tours and embedded videos to automated data migration, Business Central enables users to swiftly get up and running, enhancing efficiency and maximizing the value of the solution. This simplicity and accessibility empower users to quickly learn, customize, and begin utilizing Business Central to its full potential.