Dynamics 365: Release Enhancements Plan December 2021 

Posted on: December 2, 2021 | By: Guy Logan | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

The 2021 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: Add payment breakdown on lease payments
    • Business Value: ability to break down payment types on payment schedule lines can provide greater insight into what your organization is paying for through leased assets
      • Details: lets you define payment types that you can use to break down lease payments by contract
  • New Feature: Adjust posting date automatically during invoice posting
    • Business Value: reduces the number of manual steps that accounts payable clerks must complete when it’s necessary to adjust the posting date on multiple vendor invoices and reduces errors that might be introduced when tasks are completed manually
      • Details: adds a parameter that lets the system change the posting date automatically according to your business needs
  • New Feature: Lease impairment enhancements

    • Business Value: allows the ability to review the new asset balance and financial entry in the right-of-use asset impairment dialog before posting the right-of-use asset impairment
      • Details: displays the new asset balance and financial entry from the lease impairment process
  • New Feature: Open vendor transaction report
    • Business Value: gives you quick access to detailed information about vendor transactions in one place
      • Details: provides detailed information about the open transactions for each vendor as of a specific date
  • New Feature: Reverse posted bank statements
    • Business Value: lets you reverse posted bank statements
      • Details: enables the Reverse Statement option in the header of the bank statement
  • New Feature: Revert to simple bank reconciliation from advanced bank reconciliation
    • Business Value: lets you disable the advanced bank reconciliation functionality for specific bank accounts, which will reduce the complexity of bank reconciliation for user
      • Details: lets you revert to simple bank reconciliation from advanced bank reconciliation
  • New Feature: Unmatch all bank statements and transactions

    • Business Value: enhances efficiency and saves time for users
      • Details: lets you unmatch all the statements and transactions in one step
  • New Feature: Configurable business documents – specific destinations via printer management settings in the reports

    • Business Value: use named Electronic Reporting destinations for more types of business documents that can be generated in Finance by using the Electronic Reporting framework
      • Details: enables the setup and edit of business document-specific destinations by using the print management user interface in the Electronic Reporting (ER) framework

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

  • New Feature: Enhanced manufacturing execution workloads on scale units
    • Business Value: can now begin work on production and batch orders and report them as finished using the warehouse app without requiring a round trip to the hub
      • Details: you can set up rules that automatically consume the planned amount of material for each production order
  • New Feature: Pause tasks in the Warehouse Management mobile app
    • Business Value: increases the efficiency of warehouse workers by allowing them to stop their current task to perform another more important one, and then return to the original task without losing any information
      • Details: can temporarily pause their current task and then can safely return to where they left off
  • New Feature: Enhanced production floor execution interface for process manufacturing

    • Business Value: provides a state-of-the-art and intuitive user experience for process manufacturers and manufacturers that need to report on batch orders
      • Details: use the production floor execution interface to report progress on batch orders, including reporting on co-products and by-products
  • New Feature: Manufacturing execution systems integration

    • Business Value: offers manufacturers a fast path to realizing their Industry 4.0 ambitions by making it faster and easier to integrate Dynamics 365 Supply Chain Management with common manufacturing execution systems
      • Details: data exchange is fully automated and near real time, which keeps data current in both systems and eliminates the need for manual data entry

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.