Dynamics 365: Release Enhancements Plan February 2022
Posted on: January 31, 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: Financial dimension service
- Business Value: The creation and validation of unique financial dimension values is a costly operation that can be improved with the Financial Dimension service, which is able to operate on the data in parallel.
- Details: improves the process of resolving financial dimensions when you import a large number of journals
- Business Value: The creation and validation of unique financial dimension values is a costly operation that can be improved with the Financial Dimension service, which is able to operate on the data in parallel.
- New Feature: Increase the length of invoice numbers
- Business Value: increases the length of invoice numbers in Accounts payable, which gives you more flexibility to adapt invoice numbers in ways that better serve your organization’s needs
- Details: increases the length of vendor invoice numbers by letting you extend specific extended data types based on unique business processes
- Business Value: increases the length of invoice numbers in Accounts payable, which gives you more flexibility to adapt invoice numbers in ways that better serve your organization’s needs
- New Feature: Invoice automation – process vendor invoices during the import process
- Business Value: saves accounts payable clerks time and effort by processing vendor invoices automatically
- Details: lets the system process vendor invoices automatically when the invoices are imported, eliminating the need for additional background processing and freeing accounts payable staff to focus their efforts on exceptions
- Business Value: saves accounts payable clerks time and effort by processing vendor invoices automatically
- New Feature: Lock the main account type and validate the offset account type in payment journals for customers and vendors
- Business Value: helps clarify the purpose of payment journals, whether for customers or vendors, and might help prevent errors that could occur if these account types were inappropriately set
- Details: the main account type will be set to Customer by default and you won’t be able to change it. The new validation process will verify that the offset account type is not set to Customer.
- Business Value: helps clarify the purpose of payment journals, whether for customers or vendors, and might help prevent errors that could occur if these account types were inappropriately set
- New Feature: Use unique journal names for lease modification
- Business Value: lets you post transactions that modify leases to different journals than the ones used for lease payments, interest, and depreciation transactions
- Details: lets you define journal names specifically for transactions that modify leases, such as lease adjustments, lease terminations, and lease impairments
- Business Value: lets you post transactions that modify leases to different journals than the ones used for lease payments, interest, and depreciation transactions
- New Feature: Electronic Invoicing service – configurable Indonesian e-invoice
- Business Value: simplifies the global usage of Dynamics 365 Finance by our customers
- Details: Electronic Invoicing is a flexible microservice for exporting and importing configurable e-invoices and transporting messages to and from external web services that are configured by using the Regulatory Configuration Service (RCS).
- Business Value: simplifies the global usage of Dynamics 365 Finance by our customers
Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics.
- New Feature: Enhanced warehouse execution workloads on scale units
- Business Value: provide expanded out-of-the-box capabilities for running scale units as part of a distributed hybrid topology
- Details: With warehouse execution workloads running on a scale unit, companies can increase the reliability of mission-critical warehouse processes
- Business Value: provide expanded out-of-the-box capabilities for running scale units as part of a distributed hybrid topology
- New Feature: Planning Optimization support for reorder margin and issue margin
- Business Value: prioritizes replenishment orders to ensure that urgent demand is prioritized over less-important demand
- Details: A typical company that implements demand-driven planning can achieve: improved customer service, lead time compression, right-size inventory, lower total supply chain cost
- Business Value: prioritizes replenishment orders to ensure that urgent demand is prioritized over less-important demand
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.