Microsoft Dynamics 365 Business Central is an enterprise resource planning (ERP) system from Microsoft. The product is part of the Microsoft Dynamics 365 family, targeting the small to medium business (SMB) market.
Business Central is primarily based on the codebase for Microsoft Dynamics NAV, first published as Navision, which Microsoft acquired in 2002.
In 2016, Microsoft announced the creation of Dynamics 365 — a rebranding of the suite of Dynamics ERP and CRM products as a part of a new online-only offering. As a part of this suite, the successor to NAV was codenamed Madeira.
In September 2017 at the Directions conference, Microsoft announced the new codename "Tenerife" for this product, which would be released as "Dynamics 365 Finance and Operations Business Edition", while the successor product to Dynamics AX would be called "Dynamics 365 Finance and Operations Enterprise Edition".
On April 2, 2018, Business Central was released publicly and plans for semi-annual releases were announced.
Business Central shares the same codebase as NAV and NAV's C/AL language is being phased out in favor of the new AL language.
Microsoft uses RapidStart Services available to customers and partners to help set up a new company quickly. Rapid start is integrated with Microsoft Excel and allows the users to quickly Import and expord data using Microsoft Excel files.