Dynamics 365: Release Enhancements Plan April 2022

Posted on: March 28, 2022 | By: Guy Logan | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2022 release wave plan for Dynamics 365 brings new innovations that provide you with significant capabilities to transform your business. This month’s release contains the following exciting new features in Dynamics 365 for Finance & Supply Chain Management for these apps: Finance, Supply Chain Management, Guides, and Project Operations. 

Dynamics 365 Finance drives automation and predictive analytics capabilities. 

  • New Feature: Update budget plans with Excel template upload

    • Business Value: allows budget plan records to be mass loaded from the budget menu using batch processing.
      • Details: creates the DMF project for the users and enables the mass update budget plan lines menu item found in the budget plans
  • New Feature: Enhancements around ledger settlements

    • Business Value: provides an accurate picture of what is unsettled as of the reporting date
      • Details: Year-end close and ledger settlement processes
  • New Feature: New button added to view settlement voucher

    • Business Value: ability to view all the transactions in a settlement voucher with a single click can significantly increase efficiency when you’re viewing or working with settlement history for vendors and/or customers
      • Details: You can use the button to view all transactions in a settlement voucher in one step. This feature is available by default and can save time when performing reconciliations when you try to view all the transactions in one settlement voucher.
  • New Feature: Post in batch for bill of exchange related journals

    • Business Value: lets you run the journal posting process in the background for all bill of exchange journals, which in turn lets you continue working on other tasks in the system at the same time
      • Details: All bill of exchange journals will now include a new button, called Post in batch. The journals that have the new button added include: draw bill of exchange, remittance, settle bill of exchange, protest bill of exchange, redraw bill of exchange.
  • New Feature: Reverse reconciled advanced bank reconciliation

    • Business Value: lets you reverse reconciled advanced bank reconciliation in a single step
      • Details: enables the reverse reconciliation button on the Bank reconciliation and Bank reconciliation worksheet pages to reverse reconciliations.
  • New Feature: Validate vendor bank account before submitting vendor payment journal to workflow

    • Business Value: lets you validate a vendor bank account before submitting a payment journal for that vendor to workflow
      • Details: lets you identify issues with the vendor’s bank account before submitting the payment journal to workflow, thereby letting you correct the issue before it surfaces as an error during the workflow process.
  • New Feature: Subscription billing – recurring contract billing

    • Business Value: allows greater control over billing per item and contract, lets you automate and evergreen renewals, enables flexible pricing models, and improves insight into recurring billing
      • Details: The Monthly recurring revenue report provides insight into recurring billing, which can help you forecast more accurately.
  • New Feature: Subscription billing – revenue allocation

    • Business Value: assists with revenue compliance by letting you easily allocate revenue to items within contracts that have multiple performance obligations.
      • Details: By assigning default and standalone selling prices and methods to items, you can calculate the standalone selling price as a percentage of related items.
  • New Feature: Subscription billing – revenue and expense deferrals

    • Business Value: enables revenue recognition on document types beyond sales orders allowing greater control of revenue
      • Details: lets organizations eliminate manual processes or external systems by allowing users to manage revenue in one system.

Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics.

  • New Feature: Packing work for packing stations

    • Business Value: improves the flexibility and agility of packing and shipping operations
      • Details: makes it possible to create so-called packing work when inventory lands at the packing station. Instead of the initial picking work, the links to load lines are now carried by the packing work lines.
  • New Feature: Scan barcodes in the warehouse using GS1 format standards

    • Business Value: simplifies the scanning process in warehouses where pallets and containers are labeled with GS1 barcodes
      • Details: defines the data format and the various kinds of data that can be encoded using it
  • New Feature: Inventory Visibility on-hand query to support advanced warehouse management items

    • Business Value: leverage the Inventory Visibility service to make near real-time inventory on-hand queries of all warehouse items.
      • Details: inventory of reserved WHS-enabled items will be calculated just as accurately as for non-WHS items.
  • New Feature: Available-to-promise for the Inventory Visibility Add-in

    • Business Value: provides visibility into future stock levels and can query the next available date for orders.
      • Details: recalculate inventory based on a specified date and period and also view future seve-day abialiablity with rolling calculations
  • New Feature: Hazardous materials enhancements

    • Business Value: make it even easier for companies to stay compliant with local regulations when transporting hazardous materials across different geographies
      • Details: added to the existing hazardous materials functionality to provide even more detailed information storage and reporting features that will help keep your organization compliant with international shipping regulations for hazardous materials.
  • New Feature: Global Inventory Accounting Add-in for Dynamics 365 Supply Chain Management

    • Business Value: provides the ability to account inventory in multiple representations by applying the appropriate valuation method (standard cost, average, or specific identification) and the selected accounting currency per instance
      • Details: organizations can define as many costing ledgers as required. Inventory accounting in dual currencies and in dual valuations are both supported
  • New Feature: Material consumption and reservations in the production floor execution interfaces

    • Business Value: ensures accuracy of inventory levels and cost and will meet requirements for material traceability
      • Details: Workers can use the production floor execution interface to register material consumption, batch numbers, and serial numbers
  • New Feature: Register material consumption on scale units

    • Business Value: enables workers to operate without interruption, even if the connection to the hub is lost
      • Details: Use the Warehouse Management mobile app to register material consumption for production and batch orders when running on a scale unit
  • New Feature: Catch weight items for the production floor execution interface

    • Business Value: manufacturers can take advantage of the new, modern user experience when working with products where the weight varies for each item
      • Details: Register material consumption, batch numbers, and serial numbers for catch weight items, and report on co-products and by-products for catch weight items
  • New Feature: Planning Optimization centralized calendar maintenance

    • Business Value: Minimize time spent to update calendars by using base calendars that enable centralized updates to cascade into multiple individual calendars
      • Details: a single centralized calendar update is automatically distributed to all individual calendars that use that calendar as a base
  • New Feature: Planning Optimization suggestions to optimize existing supply

    • Business Value: Get help optimizing existing supply orders by receiving system-generated suggestions created based on requirement changes
      • Details: Action messages with suggestions to optimize existing supply are created when the system detects existing supply orders that can be optimized due to recent requirement changes.

Next Steps    

If you are interested in learning more about Microsoft Dynamics 365 for Finance and Supply Chain Management contact us here to find out how we can help you grow your business.  You can also email us at info@loganconsulting.com or call (312) 345-8817. 



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