Deep-dive articles on implementing IFRS standards with Microsoft Dynamics 365 Business Central - by CA Shailesh Apte, Chartered Accountant and BC Solution Architect.
September 30, 2026
You invoice a customer £420,000 on 1 January for an 18-month engineering contract. By 31 January you have done one month of work. How much revenue do you recognise in January? Not £420,000. The invoice follows the milestone schedule agreed for cash flow; revenue follows the work. On an over-time con
September 21, 2026
How CloudAxis SaaS Ltd uses Business Central's deferral template engine, G/L deferral schedules, and Subscription Billing module to automate month-by-month revenue release across hundreds of annual subscription lines.
September 10, 2026
From compliance to configuration - notes from my D365PPUG Manchester session on IFRS & FRS 102 in Business Central
August 9, 2026
Performance bonuses, penalty clauses, advance payments and billing schedules that never quite match revenue, worked through on Vantage Facilities Management in Business Central’s Subscription module.
August 2, 2026
How IFRS 15's core framework maps to Dynamics 365 Business Central, using Meridian Tech Solutions, a software and hardware reseller, to show multiple performance obligations, SSP allocation, and revenue timing in practice.
July 5, 2026
Picture a perfectly configured Business Central. Every process automated. Every entry posted. No error messages, no red flags. And the revenue figure is wrong. Not a bug, the system did exactly what it was told to do. The specification simply wasn't aligned with the accounting standard. That scenari
June 28, 2026
This final post tackles the two topics that bring the lease lifecycle full circle: 'What happens when lease terms change (modifications and reassessments)?', and 'What you must report when you close the books (IFRS 16 disclosures)?'
June 7, 2026
A step-by-step walkthrough of creating a lease card, generating the amortisation schedule, posting initial recognition, and processing the full monthly journal cycle in Dynamics 365 Business Central.
May 24, 2026
Posts 1 and 2 covered the accounting, what IFRS 16 requires and how the numbers work. This post is how to configure Dynamics 365 Business Central so that the Asset Leasing module is ready to receive leases and produce correct journals.
May 17, 2026
If Part 1 answered "what does IFRS 16 require and why?", Part 2 answers the question finance professionals actually lose sleep over: "how do I calculate it?"
May 13, 2026
Lease accounting changed fundamentally in 2019. IFRS 16 eliminated the off-balance-sheet treatment of operating leases, bringing almost all leases onto the balance sheet. This post covers the why, what changed from IAS 17, available exemptions, and the four key concepts you must understand before an
May 10, 2026
Every ERP guide explains the system. Every accounting guide explains the standard. This series does both - translating IFRS requirements into concrete Business Central configuration, standard by standard.