Key terms and concepts for procurement, document processing, and AI automation in Microsoft Dynamics 365 Business Central.
A planning tool in Business Central used to create purchase suggestions and consolidate demand before issuing purchase orders.
A formal document sent to a vendor to order goods or services, with agreed quantities, prices, and delivery terms.
A document recording a vendor's bill for goods or services received, used for accounts payable processing in Business Central.
A supplier's online catalog that connects to a buyer's ERP system via cXML or OCI protocol, allowing direct cart data transfer.
A cross-reference in Business Central that maps external product codes (vendor SKUs, barcodes) to internal BC item numbers.
A company or person from whom you purchase goods or services, represented as a Vendor Card in Business Central.
A standard for exchanging business documents (POs, invoices, shipping notices) between trading partners electronically.
The process of extracting structured data from documents (invoices, receipts) using AI or OCR technology.
A custom application built in the AL programming language that extends Business Central functionality.
An authentication method where a third-party app acts on behalf of a user, inheriting their permissions without storing credentials.
Business Central's built-in system for routing purchase orders and invoices through configurable approval chains before posting.
A framework agreement with a vendor for recurring purchases over time, used to lock in prices and terms for multiple deliveries.
The structured list of general ledger accounts in Business Central that categorizes all financial transactions.
Tags applied to BC transactions for multi-dimensional analysis, such as department, project, or cost center.
The core accounting record in Business Central where all financial transactions are ultimately posted and stored.
The process of recording received items against a purchase order in Business Central, updating inventory and triggering accruals.
Transactions between related legal entities in Business Central, automatically creating corresponding documents in the partner company.
Business Central's system for assigning and tracking serial numbers, lot numbers, and package numbers on items.
Codes defining when and how vendor invoices must be paid, such as Net 30 or 2/10 Net 30, configured on vendor cards.
A document used to reverse or correct a posted purchase invoice, handling returns, price adjustments, or billing errors.
An advance payment made to a vendor before goods or services are delivered, tracked against the purchase order in BC.
The detailed transaction log in BC recording every financial event related to a vendor, invoices, payments, and credit memos.
A warehouse-level document in BC for receiving goods, used when advanced warehouse management features are enabled.
An XML-based protocol for B2B e-commerce transactions, commonly used in traditional PunchOut catalog integrations.
A verification process that compares the purchase order, goods receipt, and vendor invoice to ensure accuracy before payment.