Automate and Simplify Expenses with Business Central
Dynamics 365 Business Central makes managing expenses a breeze by streamlining and automating the entire process. From submitting expenses to getting reimbursed, this system helps businesses work more efficiently, control costs, and stay compliant with financial policies and regulations. Here’s a look at what it can do:
Easy Expense Submission: Employees can quickly submit their expense reports directly through the Business Central Expense Management. They can snap photos of receipts, categorize expenses, and add details like project codes or client names.
Customizable Approval Workflows: Expense reports follow a smooth approval process tailored to your company’s policies. Approvers can review, approve, reject, or ask for more information as needed.
Policy Enforcement: The system helps ensure everyone sticks to company expense policies by flagging any expenses that don’t meet the guidelines. This helps maintain compliance with both internal rules and external regulations.
Seamless Integration: Business Central Expense Management connects effortlessly with other modules like Finance and Human Resources. This integration gives you a unified view of financial data and employee details.
Mobile Convenience: With the mobile app, employees can manage expenses on the go. They can capture receipts, submit reports, and check the status of their reimbursements right from their smartphones or tablets.
Powerful Analytics and Reporting: The platform offers detailed reporting and analytics, helping finance teams understand spending patterns, find opportunities for cost savings, and monitor key metrics related to expenses.
Vendor Management: It also includes tools for handling vendor-related expenses, such as tracking invoices, managing payment terms, and ensuring prompt reimbursements.
Transparency and Compliance: Comprehensive audit trails are maintained for all expense-related activities, providing transparency and helping with compliance and audits.
With Dynamics 365 Business Central, expense management becomes more efficient and straightforward, letting your business focus on what really matters.
Novasoft, a distinguished Microsoft Dynamics Gold Partner (Solution Partner), provides a comprehensive range of services tailored for Business Central. Our offerings encompass Implementation, Support, Development, Add-ons, Licensing, and more. With an impressive track record spanning over two decades, our experienced Novasoft team has achieved successful project deliveries on a global scale, including notable achievements in Saudi Arabia.
Benefit from our team’s deep insights into the intricacies of international projects. Our proficient consultants possess the expertise to ensure seamless Business Central implementations, leading to an optimized ROI. For valuable perspectives on unleashing the complete power of Business Central, don’t hesitate to connect with Novasoft. Your journey towards harnessing Business Central’s potential starts with us.
Dynamics 365 Business Central is like your business’s central hub for managing everything from finances to operations. It’s a comprehensive platform that helps small and medium-sized businesses handle all their core functions in one place, making life a bit easier.
It simplifies expense management by automating and streamlining the whole process. You can submit expenses, get approvals, stay compliant with policies, and view all your financial data in one spot, all without the usual headaches.
Absolutely! The mobile app lets you capture receipts, submit your expenses, and track your reimbursements—all from your phone or tablet. It’s perfect for managing expenses while you’re on the move.
Dynamics 365 Business Central makes sure you follow company expense policies by flagging any expenses that don’t meet the guidelines. This helps keep everything compliant with both internal and external rules.
Yes, it does! You can use it to keep track of vendor invoices, manage payment terms, and make sure reimbursements are handled on time.
Definitely! The system keeps a detailed record of all expense-related activities, which is great for transparency and making audits a bit less stressful.
Getting started is easy! Just reach out to a Dynamics 365 Business Central partner or visit our website for more info on how to set things up and get the support you need.
PRESS RELEASE
July 26, 2024
NOVASOFT LS Retail Diamond Partner 2024
[Riyadh, KSA — July 26, 2024] — NOVASOFT, certified Microsoft Business Application partner, is pleased to announce that it has been named LS Retail Diamond Partner for 2024. The Diamond Partner level is the highest achievement for an LS Retail partner. This honor is limited to companies who displayed extraordinary dedication to the LS Retail solutions and drove unparalleled sales success during the previous yea
"Thank you to the LS Retail team for this recognition. We are honored to receive the Diamond Level partnership award for the second consecutive year. We remain dedicated to delivering top-notch retail solutions to our clients by deploying the Dynamics 365 and LS Retail suite of applications."
“It is amazing to see our partners pushing the limits every year to sharpen their knowledge of LS Retail software solutions and driving local initiatives that support our objectives,” says Kristjan Johannsson, General Manager at LS Retail. “Well done to our partner Novasoft on the fantastic results. We are immensely grateful for the remarkable performance and commitment you’ve shown in reselling and implementing our software, making last year a triumph,”
Novasoft is a preferred business Applications & IT solutions partner. We have partnered with businesses across Saudi Arabia, UAE, USA and India on intelligent cloud-based Microsoft Dynamics 365 business applications, Azure, Analytics and more. LS Central is our key offering for retailers (Fashion, Grocery & F&B) and we work with industry leaders on the same platform across the globe.
LS Retail, an Aptos Company, is a world-leading developer and provider of retail management software for retail, hospitality, food service, pharmacy, and forecourt businesses.
The LS Retail solutions unite within one platform ERP, Point of Sale, e-commerce, order and inventory management, CRM, advanced analytics, and more, so companies can run their whole business with one platform.
Everyday LS Retail software powers over 110,000 businesses in over 157 countries. We are the largest ISV in the Business Central community, and our partner community counts 300+ certified partners globally.
Being an LS Retail Diamond Partner is a big deal! It means Novasoft has achieved the top level of partnership with LS Retail. This recognition highlights our extensive experience and expertise in implementing LS Retail solutions. It’s a mark of our commitment to delivering outstanding retail solutions and exceptional service to our clients.
We’re thrilled to be named a Diamond Partner for 2024! This award recognizes our exceptional track record with LS Retail solutions. Our success is due to our deep knowledge of the software, our dedication to customer satisfaction, and our ability to deliver effective and innovative solutions.
LS Retail solutions are powerful tools for managing retail operations. They integrate seamlessly with Microsoft Dynamics 365 and cover everything from point of sale (POS) systems to inventory management and customer insights. By using LS Retail solutions, businesses can streamline their processes, enhance customer experiences, and make data-driven decisions that drive growth.
At Novasoft, we’re all about making sure our clients get the most out of their LS Retail solutions. We offer full support, from the initial consultation and implementation to customization and ongoing assistance. Our goal is to tailor the solutions to fit each client’s unique needs and ensure a smooth, successful deployment.
Novasoft stands out because of our deep industry knowledge and hands-on experience with LS Retail solutions. We’re passionate about what we do and committed to staying ahead of industry trends. This dedication, combined with our track record of successful projects, has earned us the Diamond Partner status
If you’re curious about how Novasoft can help with LS Retail solutions, check out our website [here](https://novasoft.sa). You can also reach out to us directly—we’d be happy to answer any questions or set up a consultation to discuss your needs
Microsoft Dynamics 365 Business Central Cloud is ideal for Saudi Arabian businesses because of its localization, scalability, accessibility, efficiency, data security, and integration capabilities. Adopting this cloud-based ERP solution enables businesses in Saudi Arabia to streamline operations, enhance growth opportunities, and maintain competitiveness in a dynamic business environment.
Novasoft’s ZATCA App for Business Central facilitates seamless integration with ZATCA, enabling direct generation of ZATCA-compliant invoices and credit memos. It also includes features for device registration and data archiving, tailored to meet ZATCA requirements.
Novasoft’s Business Central Addon for Withholding Tax simplifies tax management:
Novasoft’s Business Central Addon for VAT & Arabic Prints makes tax compliance easy and efficient:
Novasoft, a distinguished Microsoft Dynamics Gold Partner (Solution Partner), provides a comprehensive range of services tailored for Business Central. Our offerings encompass Implementation, Support, Development, Add-ons, Licensing, and more. With an impressive track record spanning over two decades, our experienced Novasoft team has achieved successful project deliveries on a global scale, including notable achievements in Saudi Arabia.
Benefit from our team’s deep insights into the intricacies of international projects. Our proficient consultants possess the expertise to ensure seamless Business Central implementations, leading to an optimized ROI. For valuable perspectives on unleashing the complete power of Business Central, don’t hesitate to connect with Novasoft. Your journey towards harnessing Business Central’s potential starts with us.
The Jobs & Resource functionality in Dynamics 365 Business Central is a powerful tool for businesses involved in project-based work. It offers a comprehensive set of features to manage projects, resources, time, expenses, and billing effectively.
By leveraging this module, businesses can improve project visibility, enhance resource utilization, streamline billing and invoicing processes, and make informed decisions to drive business success.
If your business deals with project-based work and you’re looking for a solution to streamline your project management and resource allocation processes, consider implementing the Jobs & Resource module in D365 Business Central. It can help you optimize your operations, improve profitability, and achieve your business goals more efficiently.
Here’s a breakdown of some key features typically included in this module:
Project Management:
Business Central allows users to create and manage projects within the system. This includes defining project details such as start and end dates, budget, and milestones.
Keep track of usage on jobs and data for customer invoices. Manage both fixed-price jobs and time-and-materials jobs. Copy a budget from one job to another and set up a job-specific price list for charging of items, resources, and general ledger account expenses to the job’s customer.
Resource Management:
Users can assign resources (such as employees, equipment, or subcontractors) to specific projects. es Users can create a resource pool, define resource roles and skills, and allocate resources to specific projects or tasks. This ensures that the right resources are assigned to the right projects, maximizing productivity and efficiency.
Plan capacity and manage usage statistics and profitability of resources. Create your plan in a calendar system with the required level of detail and for the period of time that you need. Monitor resource usage and get an overview of your capacity for each resource with information about availability and planned costs on jobs.
Time sheet Tracking:
The module enables employees to track their time spent on various projects and submit their timesheet to project activities. This data can then be used for billing clients or analysing project profitability.
Track employee time spent on jobs with a simple and flexible Time Sheet solution. Control time through manager-level approval.
Budgeting and Cost Control:
Businesses can set up project budgets and monitor actual costs against those budgets in real-time. This helps in identifying cost overruns early and taking corrective actions as needed.
Keep track of usage on jobs and data for customer invoices. Manage both fixed-price jobs and time-and-materials jobs. Copy a budget from one job to another and set up a job-specific price list for charging of items, resources, and general ledger account expenses to the job’s customer.
Project Billing and Invoicing:
Business Central supports various billing methods such as fixed-price contracts, time and material billing, or milestone-based billing. Users can generate invoices directly from project data and track payments received from customers.
Estimate the financial value of jobs by monitoring resource usage and other expenses posted to each job. Recognize revenue according to time, materials, and expense usage.
Invoice customers on a time-and-materials or fixed-price basis. Assign a specific job to a specific customer and invoice the job completely or partially using Jobs together with Sales Invoicing. Customize invoices with Microsoft Word and email directly to customers using Outlook.
Reporting and Analytics:
The module provides built-in reports and analytics dashboards to monitor key project metrics such as project profitability, resource utilization, and project status, to gain insights into project performance and make informed decisions.
Overall, the Jobs and Resource Management module in Business Central streamlines project operations, enhances resource planning, and improves project profitability through better control over costs and resources.
For more information about Dynamics 365 Business central and how Novasoft, as a Microsoft certified Business Solutions Partner, can help your business with the implementation of Microsoft Dynamics business applications, including LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure
Our team of certified and experienced consultants is ready to assist companies across UAE, KSA, USA, Kuwait, Maldives, Sri Lanka and India in migrating from legacy systems to modern, cloud-based POS, retail, and ERP systems. We are committed to delivering top-notch business solutions that lead to shorter project durations and improved overall quality for our valued customers.
Contact us today to discover how Novasoft can help your retail business thrive with LS Central POS and Microsoft Dynamics solutions.
Microsoft Dynamics 365 Business Central Cloud is well-suited for businesses in Saudi Arabia due to its localization, scalability, accessibility, efficiency, data security, and integration capabilities. By embracing this cloud-based ERP solution, businesses in Saudi Arabia can achieve streamlined operations, optimize growth, and stay competitive in a rapidly evolving business landscape.
Localization: Business Central Cloud is localized for Saudi Arabia, which means it complies with the country’s specific tax laws, currency requirements, and reporting standards. This ensures that businesses can seamlessly adapt the platform to their unique business environment without worrying about regulatory compliance.
Scalability: Business Central Cloud offers scalability, making it suitable for businesses of all sizes, from startups to large enterprises. As your business in Saudi Arabia grows, the platform can easily accommodate increased data volume and transactional complexity, ensuring that it remains a reliable solution as your needs evolve.
Accessibility: As a cloud-based ERP platform, Business Central allows businesses in Saudi Arabia to access critical data and applications anytime and anywhere with an internet connection. This accessibility fosters collaboration among teams and enhances decision-making processes even for remote workers or branches across the country.
Enhanced Efficiency: The platform streamlines financial management, operations, and various business processes, leading to enhanced efficiency across all departments. Automated workflows, real-time data, and intelligent insights empower businesses in Saudi Arabia to optimize resource utilization and deliver superior customer experiences.
Data Security: Data security is crucial for any business, and Microsoft takes this aspect seriously. Business Central Cloud stores all data in highly secure Microsoft data centers, adhering to industry-leading security and compliance standards. This ensures that your business’s sensitive information remains protected and safe from potential threats.
Integration with Microsoft Ecosystem: Business Central Cloud seamlessly integrates with other Microsoft products and services, such as Microsoft 365 and Power Platform. This integration enhances productivity and collaboration, allowing businesses in Saudi Arabia to leverage a comprehensive suite of tools to streamline their operations.
Cost-Effectiveness: Business Central Cloud offers an affordable subscription-based pricing model, eliminating the need for upfront hardware and software investments. This cost-effectiveness makes it an attractive choice for businesses in Saudi Arabia, especially small to medium-sized enterprises (SMEs).
Forbes review recommends Microsoft Dynamics 365 Business Central as the “Best Overall” choice for 2023. Cloud ERP is a convenient online platform that eliminates the need for in-house server installations, benefiting businesses of all sizes. With seamless integration of customer relationship management (CRM) and business intelligence (BI) features, cloud ERP becomes affordable and accessible, unlike traditional ERP software that was costly and challenging to implement, especially for SMBs and SMEs. Streamline your business operations across all departments, including accounting, HR, sales, and manufacturing, with the help of Cloud ERP software.
February 6, 2023, RIYADH: KINGDOM OF SAUDI ARABIA – Microsoft today shared its intention to invest in a new cloud datacenter region in the Kingdom of Saudi Arabia. The announcement is part of the company’s continued efforts to empower public and private organizations around the world with intelligent, trusted, enterprise-grade cloud services to realize their digital transformation ambitions.
Microsoft is announcing this intention to deliver new investments in local infrastructure in response to growing customer demand for cloud services and data residency in Saudi Arabia from global enterprises, local businesses, and civilian public sector organizations. The intent announcement was shared by Microsoft at the international technology conference LEAP 2023, held in Riyadh.
Novasoft, a distinguished Microsoft Dynamics Gold Partner (Solution Partner), provides a comprehensive range of services tailored for Business Central. Our offerings encompass Implementation, Support, Development, Add-ons, Licensing, and more. With an impressive track record spanning over two decades, our experienced Novasoft team has achieved successful project deliveries on a global scale, including notable achievements in Saudi Arabia.
Benefit from our team’s deep insights into the intricacies of international projects. Our proficient consultants possess the expertise to ensure seamless Business Central implementations, leading to an optimized ROI. For valuable perspectives on unleashing the complete power of Business Central, don’t hesitate to connect with Novasoft. Your journey towards harnessing Business Central’s potential starts with us.
Certainly, there are distinctions between opting for on-premises deployment and choosing Business Central online. An on-premises deployment involves hosting the software within your organization’s infrastructure, affording greater control over customization and data management. In contrast, Business Central online offers a cloud-based solution, managed by Microsoft, which grants accessibility from any location with internet connectivity and includes automatic updates. Your decision hinges on factors such as control, accessibility, and maintenance that align with your business prerequisites.
Connect Novasoft to know more.
Novasoft caters to a diverse range of industries with its Business Central services, including but not limited to manufacturing, distribution, retail, and professional services. Their expertise spans across various sectors, allowing them to tailor Business Central solutions to meet the unique needs and requirements of different industries.
Novasoft offers a diverse array of Business Central services, including implementation, customization, integration, training, support, and consultancy for Microsoft Dynamics 365 Business Central. Their comprehensive offerings are designed to optimize business operations, streamline processes, and harness the full potential of Business Central’s features. Whether through cloud-based deployment, on-premises setup, or industry-specific solutions, Novasoft is dedicated to facilitating successful Business Central adoption and utilization.
Microsoft Dynamics 365 Business Central allowed customers to purchase additional environments. You can use the new environments for rollout in other regions or countries as per the requirements.
With the Microsoft Dynamics 365 Business Central Additional Environment add-on, add an extra production environment, 3 additional sandbox environments, and 4 GB of additional database storage capacity to your Dynamics 365 Business Central tenant.
As the retail landscape in Saudi Arabia continues to evolve, businesses are increasingly turning to innovative Point of Sale (POS) systems to streamline operations, enhance customer experiences, and stay competitive in a fast-paced market. Among the plethora of POS solutions available, LS Central, the best POS ERP in Saudi Arabia stands out as a comprehensive and powerful option for businesses of all sizes and industries.
Point of Sale (POS) systems play a pivotal role in the retail industry, enabling businesses to manage sales, inventory, and customer data efficiently. In Saudi Arabia, the POS market has been experiencing significant growth and transformation due to several factors:
Increasing Retail Sector: Saudi Arabia boasts a large and growing retail sector, driven by a burgeoning population, rising disposable incomes, and an increasing preference for modern shopping experiences. As a result, businesses have been seeking advanced POS systems to optimize their operations and cater to evolving customer demands.
Digital Transformation: The country has been actively promoting digital transformation initiatives across various industries. The retail sector is no exception, with businesses embracing technology to enhance efficiency and improve customer engagement. This has led to a surge in the adoption of modern POS solutions.
Government Support: The Saudi Arabian government has been actively encouraging the adoption of technology in businesses through various initiatives. These include promoting e-commerce, providing subsidies for technology adoption, and fostering an environment conducive to digital innovation.
Diverse Business Landscape: Saudi Arabia’s retail landscape is diverse, ranging from small traditional shops to large shopping malls and international retail chains. As businesses seek to improve their competitiveness and customer service, the demand for versatile and adaptable POS systems has grown.
Mobile Payment Adoption: The adoption of mobile payments and digital wallets has been on the rise in Saudi Arabia. Retailers are increasingly looking for POS solutions that can accommodate these payment methods seamlessly.
Cloud-Based Solutions: Cloud-based POS systems have gained popularity among businesses due to their flexibility, scalability, and cost-effectiveness. Saudi Arabian retailers have been exploring cloud-based solutions to streamline their operations and benefit from automatic software updates.
Emphasis on Data Security: With the increasing digitization of retail operations, data security has become a critical concern. Retailers in Saudi Arabia seek POS systems that prioritize data protection and comply with industry regulations.
Integration Capabilities: Retailers are looking for POS systems that can integrate with other business software, such as inventory management systems, customer relationship management (CRM) tools, and e-commerce platforms.
For more information about LS Central Unified POS & ERP and how Novasoft, as an LS Retail Diamond Partner, can help your business with the implementation of Microsoft Dynamics business applications, including LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure
Our team of certified and experienced consultants is ready to assist retailers across UAE, KSA, USA, and India in migrating from legacy systems to modern, cloud-based POS, retail, and ERP systems. We are committed to delivering top-notch business solutions that lead to shorter project durations and improved overall quality for our valued customers.
Contact us today to discover how Novasoft can help your retail business thrive with LS Central POS and Microsoft Dynamics solutions.
Are you utilizing Microsoft Dynamics Business Central? Dealing with vendor complaints regarding withheld tax amounts? Look no further! Our Business Central Addon for Withholding Tax ensures compliance, penalty avoidance, and simplified tax computation. Accurately calculate withholding tax based on ZATCA’s rates, eliminating errors and saving valuable time.
Withholding Tax in Saudi Arabia (WHT) applies to a specific percentage of income earned by non-resident entities providing services and generating income within the country. Whether dealing with governmental, non-governmental, or semi-governmental establishments, all non-resident entities deriving Saudi Arabia-sourced income are subject to WHT. As per the Implementing Regulations of the Income Tax Law (ITL), the tax is imposed on the total amount paid to the non-resident entity, without considering expenses incurred or allowances/disallowances as deductions for such payment.
The withholding person must maintain records to demonstrate compliance with the withholding provisions, including beneficiary name, address, payment type, amount, and deductions, along with supporting documents for at least ten (10) years after payment. A monthly Withholding Tax return must be submitted by the withholding person within the first ten (10) days of the following month after making payment to the non-resident party. As per ZATCA, the withholding person, residing in KSA, must file the Withholding Tax return through its ZATCA portal. Additionally, an annual Withholding Tax return is required, due within 120 days of the year-end, and not later than 60 days for partnerships.
Novasoft is a Microsoft Gold & LS Retail Diamond Partner implementing Microsoft Dynamics business applications, LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure. Novasoft helps retailers across UAE, KSA, USA & India migrates from legacy systems to intelligent cloud-based modern POS, retail, and ERP system. Our certified and experienced consultants provide best-in-class business solutions to customers, which indirectly shortens the project duration and improves quality.
Discover the LS Central Integration App for Urban Piper, directly integrating online orders into your LS Central POS. Experience streamlined restaurant operations, improved order control, reduced abandoned orders, enhanced operator efficiency, accurate data, faster delivery, and seamless management of multiple brand orders in a single store.
Stay ahead of the competition with Novasoft’s LS Central – Urban Piper Connector. Simplify integration, streamline operations, and deliver orders faster. Contact us now to learn more about this powerful connector and gain a competitive edge.
Novasoft is an LS Retail Diamond Partner implementing Microsoft Dynamics business applications, LS Central on Dynamics 365 BC, Power Apps, Microsoft 365, and Azure. Novasoft helps retailers across UAE, KSA, USA & India migrates from legacy systems to intelligent cloud-based modern POS, retail, and ERP system. Our certified and experienced consultants provide best-in-class business solutions to customers, which indirectly shortens the project duration and improves quality
With the fast-paced advancements in technology and the ever-changing business landscape, companies are often faced with the decision of whether to upgrade their existing systems to newer, more modern solutions. For organizations currently using Microsoft Navision, the question of whether to upgrade to Dynamics 365 Business Central becomes an important consideration. In this article, we explore the reasons why upgrading from Navision to Business Central may be the right move for your business.
Is your organization still running on Navision and considering an upgrade to Dynamics 365 Business Central? Look no further! Novasoft, a trusted service partner, brings extensive expertise in handling complex upgrades and seamless transitions to the latest Microsoft solutions.
Connect with Novasoft now to explore how they can empower your business with Dynamics 365 Business Central and unleash its true potential. Let Novasoft be your guide in this transformative upgrade process!
NOVASOFT, certified Microsoft Business Application partner, is pleased to announce that it has been named LS Retail Diamond Partner for 2023. The Diamond Partner level is the highest achievement for an LS Retail partner. This honor is limited to companies who displayed extraordinary dedication to the LS Retail solutions and drove unparalleled sales success during the previous year.
“Thanks to the LS Retail team for this recognition. This is our third year in a row of Diamond Level partnership awards. We are committed to offering best-in-class retail solutions to our clients, deploying Dynamics 365 & LS Retail suite of applications.”
“Congratulations to our awarded partners, who demonstrate on a daily basis that they can help retail and hospitality businesses improve operations and customer experiences,” says Kristjan Johannsson, Chief Commercial Officer of LS Retail. “We are delighted to honor NOVASOFT as LS Retail Diamond partner and we look forward to celebrating their current and future successes with them”, says Kristjan.
Novasoft is a trusted and preferred partner for business applications and IT solutions. Our expertise extends across UAE, KSA, USA, and India, delivering intelligent cloud-based solutions such as Microsoft Dynamics 365 business applications, Azure, Analytics, and more. As industry leaders, LS Central is our flagship offering for retailers, catering to various sectors like Fashion, Grocery, and F&B. We take pride in collaborating with global industry leaders on the LS Central platform, providing innovative and tailored solutions worldwide.
LS Retail, an Aptos Company, is a world-leading developer and provider of retail management software for retail, hospitality, food service, pharmacy and forecourt businesses.
Every day LS Retail software powers tens of thousands of retail stores, restaurants, pharmacies and gas stations, ranging from startups to large enterprises, in over 157 countries.
The LS Retail solutions unite within one platform ERP, Point of Sale, e-commerce, order and inventory management, CRM, advanced analytics, and more. This means our customers can run their whole business across all their sales channels with one solution. Learn more at www.lsretail.com
