Day: October 14, 2022

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2022 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2022 Wave 2.

The eleventh of the new functionality in the application section is new VAT Date field on documents and entries.

Users can report VAT statements and returns based on the new VAT Date instead of the Posting Date to meet requirements by certain countries.

Enabled for: users, automatically
General Availability: October 2022

Some countries require reporting for VAT statements and VAT returns by using a date that’s different than the Posting Date. Sometimes, the date can be Document Date, but even this date can differ from the requirement. For this reason, the new VAT Date exists on all purchase and sales documents, as well as on journals. Before starting, users can set up the default value for VAT Date (Posting Date or Document Date) in the General Ledger Setup, but the date can be changed on individual documents and journals.

When a document is posted, the new VAT Date will be visible in VAT entries and in G/L entries. If necessary, it’s possible to change the VAT Date after posting.

My opinion

I’m surprised to learn that Dynamics BC did not already have a VAT Date field as, in my experience working with customers, the posting date is often not the date they would want to be using the the VAT.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2022 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2022 Wave 2.

The tenth of the new functionality in the application section is track items that are used in projects, including picks.

From the job planning lines, access the Item Tracking Lines page so you can define lot, serial numbers, or package details for the job planning line. This way, you speed up the actual consumption at later stages, and you unlock pick and planning scenarios.

Enabled for: users, automatically
General Availability: October 2022

As the flow of goods in today’s supply chain becomes more and more complex, keeping track of items is increasingly important to the companies involved. For example, monitoring an item’s transaction flow is a legal requirement in the business of medical and chemical supply. Other businesses might want to monitor products with warranties or expiration dates for customer service reasons.

Continue reading “New Functionality In Microsoft Dynamics 365 Business Central 2022 Wave 2: Track Items That Are Used in Projects, Including Picks”