Reviews and corrects ledger-to-subledger alignment in D365 by fixing posting configurations, inventory profiles, reconciliation logic, GL mapping, and critical reporting procedures.
Dynamics 365: Release Enhancements Plan October 2021
Posted on: September 29, 2021 | By: Jarrod Kraemer | 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: Prevent posting depreciation to the same period twice
- Business Value: lets you prevent depreciation from being posted to a period that depreciation has already been posted to
- Details: will validate depreciation transactions during posting
- Business Value: lets you prevent depreciation from being posted to a period that depreciation has already been posted to
- New Feature: Display lease ID on fixed asset record
- Business Value: saves data entry time and helps reduce the possibility of errors by syncing information automatically
- Details: automatically synchronizes asset IDs in Fixed assets and Asset leasing for fixed assets that were acquired
- Business Value: saves data entry time and helps reduce the possibility of errors by syncing information automatically
- New Feature: Pass service life from Asset leasing to Fixed assets
- Business Value: helps you maintain compliance with current accounting standards
- Details: allows the service life of an asset to be added automatically to the asset book in Fixed assets
- Business Value: helps you maintain compliance with current accounting standards
- New Feature: Create collections activities based on payment predictions
- Business Value: can save time by setting up a consistent strategy for your collection process
- Details: predicts the likelihood that a customer invoice will be paid on time, late, or very late by assigning a percentage to each invoice
- Business Value: can save time by setting up a consistent strategy for your collection process
- New Feature: Customer payment predictions
- Business Value: can help businesses optimize the start of collection activities
- Details: help answer questions like when will an invoice/sales order be paid or which customers will pay on time and which will pay late
- Business Value: can help businesses optimize the start of collection activities
- New Feature: External data for cash flow forecasting
- Business Value: helps improve the accuracy of forecasts
- Details: lets you include external data in cash flow forecasting
- Business Value: helps improve the accuracy of forecasts
- New Feature: Forecast bank balance
- Business Value: help companies monitor and manage their cash balances effectively
- Details: help treasurers more accurately understand the availability of funds at specific times
- Business Value: help companies monitor and manage their cash balances effectively
- New Feature: Intelligent budget proposal
- Business Value: uses data to generate a new budget that can be further refined by staff who possess knowledge and insights that might not be present in historical data
- Details: lets you create a draft budget automatically, but with a high degree of confidence, from the use of historical data
- Business Value: uses data to generate a new budget that can be further refined by staff who possess knowledge and insights that might not be present in historical data
- New Feature: Treasurer workspace
- Business Value: can help companies monitor and manage their cash balances effectively
- Details: adds a new workspace that includes all necessary elements for completing the analysis and activities to successfully manage their organization’s cash
- Business Value: can help companies monitor and manage their cash balances effectively
- New Feature: Tax Calculation service
- Business Value: allows you to improve compliance with associated local regulations
- Details: has shared tax rates and determination rules across legal entities
- Business Value: allows you to improve compliance with associated local regulations
- New Feature: Tax reporting – supporting multiple tax registration numbers
- Business Value: can configure a legal entity in the system, and then associate it with multiple sales tax/VAT registration numbers
- Details: activated together with the Tax Calculation service where the exact tax numbers for a transaction are determined and saved in the system
- Business Value: can configure a legal entity in the system, and then associate it with multiple sales tax/VAT registration numbers
- New Feature: Configurable business documents – delegated account setup for emailing via electronic reporting destinations
- Business Value: can send documents, such as customer invoices, by using a generic email address
- Details: enables a configuration to change the sender’s email and use a custom email address in electronic reporting destinations
- Business Value: can send documents, such as customer invoices, by using a generic email address
- New Feature: Electronic reporting – query reuse for performance improvements
- Business Value: improves the performance of electronic reporting formats that have multiple queries
- Details: reuses an existing query instead of creating a new one
- Business Value: improves the performance of electronic reporting formats that have multiple queries
Dynamics 365 Supply Chain Management obtains a unified view of inventory, warehouse, manufacturing, service, and logistics with predictive analytics.
- New Feature: Post on-hand adjustments using codes connected to offset accounts
- Business Value: adds efficiency, speed, and clear documentation to the inventory adjustment process in warehouses and retail stores
- Details: helps businesses post the value of on-hand inventory adjustments to the appropriate offset account based on the reason for each adjustment
- Business Value: adds efficiency, speed, and clear documentation to the inventory adjustment process in warehouses and retail stores
- New Feature: Sales quotation referenced data export policy
- Business Value: allows organizations to run incremental exports of sales quotations more quickly
- Details: lets you choose whether changes to data referenced by quotations will cause those quotations (or lines) to be included in the next incremental export
- Business Value: allows organizations to run incremental exports of sales quotations more quickly
- 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: enables the Warehouse Management mobile app to scan a single GS1 barcode and correctly extract all the information needed to process the task at hand
- Business Value: simplifies the scanning process in warehouses where pallets and containers are labeled with GS1 barcodes
- New Feature: Updates to inventory and logistics feature states with version 10.0.21
- Business Value: helps customers stay current with the latest inventory and logistics capabilities of Supply Chain Management
- Details: provides the option in both product and supply menu and delivery alternatives form to directly create a transfer order from a sales line
- Business Value: helps customers stay current with the latest inventory and logistics capabilities of Supply Chain Management
- New Feature: Warehouse Management mobile app step instructions
- Business Value: helps workers ramp up faster on new tasks by providing configurable instructions for each step and focusing workers’ attention on the most important fields as they work through a flow
- Details: increases productivity by highlighting the most important parts of each step
- Business Value: helps workers ramp up faster on new tasks by providing configurable instructions for each step and focusing workers’ attention on the most important fields as they work through a flow
- New Feature: Soft reservation for the Inventory Visibility Add-in
- Business Value: enables order management and point-of-sale systems to communicate directly with SCM to find and temporarily reserve requested inventory
- Details: adds a soft reservation feature to the Inventory Visibility Add-in for Dynamics 365 Supply Chain Management
- Business Value: enables order management and point-of-sale systems to communicate directly with SCM to find and temporarily reserve requested inventory
- New Feature: Sealed bidding
- Business Value: promotes fair procurement practices by implementing sealed bidding on your requests for quotation (RFQs)
- Details: lets you set some or all RFQ cases for sealed bidding, select an appropriate bidding period for each case, and configure a dedicated Azure Key Vault for encrypting the submitted bids
- Business Value: promotes fair procurement practices by implementing sealed bidding on your requests for quotation (RFQs)
- New Feature: Deduction and catch-weight enhancements for rebate management
- Business Value: enables businesses working with catch-weight products to incorporate catch-weight units into rebate calculations
- Details: adds a central rebate workbench to help streamline rebate processing, and it integrates with the deduction workbench to let you process rebates as customer deductions
- Business Value: enables businesses working with catch-weight products to incorporate catch-weight units into rebate calculations
- New Feature: Work breaks and tracking updates for Landed cost
- Business Value: enhances goods-in-transit orders to enable warehouse managers to better manage warehouse work by leveraging functionality already available for purchase orders
- Details: enables the system to automatically update the date of arrival of imported goods based on existing records of warehouse putaway work
- Business Value: enhances goods-in-transit orders to enable warehouse managers to better manage warehouse work by leveraging functionality already available for purchase orders
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.
