Dynamics 365: Release Enhancements Plan Jan. 2021 

Posted on: December 28, 2020 | By: Lauren Yang | 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 & Operations for these apps: Finance, Supply Chain Management, Guides, and Project Operations. 

Dynamics 365 Finance drives automation and predictive analytics capabilities. 

  • New Feature: Vendor Invoice Automation 
    • Business Value: 
      • help your managers identify opportunities for greater efficiency, potentially resulting in cost savings 
      • saves time and labor costs by using the system to automatically match quantities on vendor invoice lines to product receipts 
      • tracking both imported invoice and sales tax amounts can help reduce errors
      • submitting imported invoices to workflow automatically saves accounts payable professionals time
      • validating the posting prior to posting saves time by ensuring accuracy of the invoice before it’s sent for approval
    • Details:
      • lets you focus on vendor invoices that didn’t make it through the automated process  
      • invoices frequently arrive before the goods do
      • imported invoice amount and imported sales tax amount for vendor invoices can be provided in the import file
      • you can choose to have the system automatically submit an imported invoice to workflow
      • you can run the process on a single invoice, or multiple invoices
  • New Feature: Ability to Turn Ledger Settlement On or Off
    • Business Value: you can control whether foreign currency revaluation is impacted
    • Details:
      • a new option, Enable ledger settlement, has been added to General ledger parameters under the Ledger settlement table of contents
      • various processes, such as reversing transactions, will no longer create ledger settlement records when the feature is turned off
  • New Feature: View Transaction Detail From the Main Account Page
    • Business Value: you can access transaction detail directly from the Main account page
    • Details: two new buttons, Transactions and Accounting source explorer, have been added to the Main account page
  • New Feature: Improvements in Unit Price and Cost Price Handling in Stock Transfer Orders for India
    • Business Value: the Stock transfer order functionality is used by customers in India to remain compliant with local tax regulations
    • Details:
      • default values of Transfer type and Price type can be configured in Inventory and warehouse management parameters
      • unit price on a stock transfer order line is correctly recalculated based on the inventory dimensions specified on the line until the first shipment is posted for the line
      • restricts changing units of measure in stock transfer order lines.
  • New Feature: Invoicing – invoice register support for Swiss QR-bills
    • Business Value: adding support for one more invoice journal allows for a wider order-to-cash specific process
    • Details: you can now import the QR-bills into the Invoice register journal

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

  • New Feature: Create and Process Transfer Orders From the Warehouse App
    • Business Value: improve warehouse efficiency by optimizing the processes for creating transfer orders and outbound shipping
    • Details: lets warehouse workers create and process transfer orders directly from the warehouse app
  • New Feature: Process Warehouse App Events
    • Business Value: improves warehouse efficiency by increasing system automation and responsiveness
    • Details: adds a queue for processing events issued by the warehouse app
  • New Feature: Customizable Shop Floor Execution Interface
    • Business Value: companies can provide an optimized shop-floor user interface that presents the exact processes, functions, and information required for their specific business and business processes
    • Details: makes it possible to customize the shop floor execution interface for each of several different roles, situations, and tasks
  • New Feature: Engineering Change Management
    • Business Value: helps manufacturers streamline and reduce the cost of managing product data, reduce errors in production, reduce waste when making design changes, and control the introduction of new products
    • Details: offers centralized product data management, product versioning, product lifecycle management, engineering change management, and enhanced release product functionality

Dynamics 365 Guides enables employees to learn in the flow of work by providing holographic instructions when and where they need them.

  • New Feature: Extend analytics capabilities with new time-tracking entities 
    • Business Value: provides easy access to product usage analytics that enable Dynamics 365 Guides to be part of the larger enterprise ecosystem
    • Details: allows partners and customers to easily leverage product usage information for use cases that extend beyond the current Power BI template 

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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