This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 2.
The eighth of the new functionality in the Application section is make intercompany transactions across Business Central environments.
It’s easier for businesses to handle transactions when they have multiple companies. Intercompany postings help you do accounting for multiple companies operating in multiple Business Central tenant environments, eliminating the need to manage files.
Enabled for: Users, automatically
Public Preview: Sep 2023
General Availability: Oct 2023
Feature Details
It’s easy to set up an intercompany partnership between companies that operate in different Business Central environments. On the Intercompany Partner Setup page, when you choose an environment that you have access to, you can choose a company that you’re allowed to set up as an intercompany partner in that environment. Afterward, you’ll be able to automatically send and receive transactions for the company even though it’s in a different environment.
You can use all intercompany features across environments, including sales and purchase documents, intercompany general journals, and purchase invoice cost distributions. For example, if you’ve chosen to map accounts to an intercompany chart of accounts, or dimensions or items, transactions can flow even though the partners reside in different Business Central environments.
My Opinion
Like the earlier financial consolidations across environments new feature, I think this could be useful to clients who operate multiple instances of Business Central spread across geographical locations, but do hope there are some safeguards around sandbox/production to avoid contamination.