Dynamics 365: Release Enhancements Plan July 2022

Posted on: June 29, 2022 | By: Hope Jin | 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: Allow recovery of bank reconciliation worksheets stuck in workflow Business Value:...


Understanding Product Lifecycle State in Dynamics 365 for Supply Chain Management

Posted on: June 29, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

A product lifecycle state declares the state of a product. This is important to keep track of the status that the product is currently in among the broader product lifecycle for your company. Product lifecycle states are defined by the user, typically a product manager or a product master data manager. Microsoft Dynamics 365 for Supply Chain Management has added this feature to ensure efficiency and simplicity in product information...


Feature Comparison between Dynamics AX and Dynamics 365 Finance and Supply Chain Management (Part 4 of 7) – Sales Management and Retail

Posted on: June 27, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As you may already assume, Dynamics 365 Finance and Supply Chain Management has introduced new and improved functionality compared to Microsoft Dynamics AX. This is the fourth blog of a 7-part blog series that focuses on comparing the manufacturing functionality available in Dynamics 365 Finance with Dynamics AX. Check out the first blog right here, the second blog here, and the third blog here. It's time you migrate and leave...


Understanding Physical and Financial Updates in Dynamics 365 for Supply Chain Management

Posted on: June 22, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Keeping track of the effect of transactions can sometimes be confusing. Inventory transactions can be physically updated and financially updated in Dynamics 365 Supply Chain Management. Some types of physical and financial transactions increase inventory quantities, whereas others decrease the quantity. This blog will give an overview of which types of transactions increase or decrease inventory quantities. If you or your company needs additional help, Logan Consulting can assist with...


How to Set Up Security for the Cost Accounting Analysis Power BI Content in Dynamics 365 Finance

Posted on: June 20, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

When businesses grow larger, it's important to limit the amount of data employees have access to to reduce the threat of data breaches. The Cost accounting analysis Microsoft Power BI content uses Power BI row-level security to limit a user's access. Security is based on the access-level organizational hierarchy that is set up in the Cost accounting parameters. This blog explains how you can propagate the access-level security in Cost...


Understanding Vendor Rebate Agreements in Dynamics 365 for Supply Chain Management

Posted on: June 15, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Vendor rebates help companies better manage their supplier rebate programs by automating tasks that are required in order to administer, track, and claim rebates that are earned. This blog is intended for business decision makers in enterprise companies who are in charge of negotiating vendor price, discount, and rebate agreements; managing staff that processes rebate claims and collects payments; ordering inventory at the best possible prices. Read on to learn...


Feature Comparison between Dynamics AX and Dynamics 365 Finance and Supply Chain Management (Part 3 of 7) – Manufacturing

Posted on: June 14, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As you may already assume, Dynamics 365 Finance and Supply Chain Management has introduced new and improved functionality compared to Microsoft Dynamics AX. This is the third blog of a 7-part blog series that focuses on comparing the manufacturing functionality available in Dynamics 365 Finance with Dynamics AX. Check out the first blog right here and the second blog here. It's time you migrate and leave behind the outdated (and...


Procurement and Sourcing Workflows in Dynamics 365 Supply Chain Management

Posted on: June 8, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Procurement and sourcing covers all the steps from identifying a need for product and services through procuring the product, receipt, invoicing, and processing of payment with vendors. It plays a key role in business strategy, involves a number of workflows, and requires input or action from multiple departments. By digitizing and automating workflows through Dynamics 365 for Supply Chain Management, a company can increase productivity, eliminate repetitive work, and minimize...


Understanding Costing Versions in Dynamics 365 Supply Chain Management

Posted on: June 7, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Understanding and managing costs are both vital elements to successful supply chain management. Dynamics 365 Supply Chain Management's feature, costing versions, helps with organization of costs. Costing versions contain cost records about items, cost categories, and calculation formulas for indirect costs. A costing version can contain a set of standard cost records or a set of planned cost records that are based on the costing type that is assigned to...


Dynamics 365: Release Enhancements Plan June 2022

Posted on: May 30, 2022 | By: Hope Jin | 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.  There are no updates this month, stay tuned for next months blog for...