Introduction to the Terminology Guide
Computerized business management systems have been around for decades and are used for financial reporting, customer relationship management, or inventory and manufacturing operations. Quite honestly, it can be difficult to differentiate one system from another system due to the many similarities between these systems. But regardless of how long you have been using one of these systems, and regardless of how the underlying technology evolves over the years, there is always one thing that you must do when you begin to use a new system to maximize your potential as a proficient user of the system: learn the terminology.
Just like every other business system in the world, Microsoft Dynamics 365 Business Central (referred to “Business Central” throughout the rest of this guide) has its own unique set of terminology. A feature in Business Central may be effectively identical to a feature in another system, but the two systems may use completely different terminology to describe the feature. This difference in terminology can make it difficult to quickly understand the similarities and differences between systems. Therefore, the key to quickly becoming a proficient user of Business Central is to first understand the terminology.
This guide provides users with an overview of the unique terminology used within Business Central. This knowledge will allow you to quickly become familiarized with the features and functionality of Business Central, and this familiarity will significantly increase your efficiency and effectiveness as a user.
This is not meant to serve as a comprehensive Business Central User Guide or Business Central Training Manual. It is not even intended to provide a definition for every single term that is used within Business Central. Rather, it is focused on those terms that may be unique to Business Central or where Business Central uses a term that may be used differently than how it is used other business systems.
The terms provided within this guide are separated into sections based on business area or “module” because each user may only need to understand the terminology used within a specific area of the system, such as General Ledger. Also, the terms are sorted not alphabetically, but are presented in an order in which the terms and definitions build off one another to allow the user to absorb the terms more effectively.
The goal is to make this terminology guide easy to understand for all types of Business Central users - end users, administrators and everything in between. So go ahead and read straight through or keep it bookmarked as a reference for the future. Or both!