RMK Module for Microsoft Dynamics 365 Business Central

In every company there are costs that affect more than one month – such as subscriptions, licenses, maintenance, insurance or utilities.

They are often booked as a one-time expense, which distorts the company’s financial picture in a given period. Meanwhile, they should be accounted for proportionally – according to the period to which they relate. In practice, this means manual work – creating Excel sheets, keeping an eye on schedules, manual monthly postings … and this costs time and carries the risk of errors.

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• Lack of automatic accrual billing (RMK)

• Recurring costs are recognized on a one-time basis, not on a pro-rata basis

• Manually assigning costs to months and source documents

• Discrepancies between accounting, controlling and operational reality

• Hard to control accounting and audit compliance

• Overstated or understated costs in given accounting periods

• Mistaken picture of profitability of projects or departments

• Time-consuming adjustments and settlements

• Risk of errors and discrepancies in reporting data

The RMK module is designed for companies using Microsoft Dynamics 365 Business Central that:

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• Regularly incur costs for subscriptions, insurance, licenses, Leases or prepaid services for many months

• They need a compliant and transparent way to account for accrued expenses

• They want to automate their accounting processes and gain a reliable picture of their financial results month after month

• They have extensive accounting, controlling or management reporting

The process of implementing the RMK module is fast, secure and tailored to the needs of your organization:

1. Analysis of processes and cost structure – together we identify which types of invoices and costs should be covered by RMK

2. Configuration of the module in your Business Central environment – tailored to accounts, accounting schedules and chart of accounts

3. Implementation of sample documents and run tests

4. End-user training – we show you how to assign periods, control billing and use reports

5. Production implementation and further support – you are assured that everything works stably