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 second of the new functionality in the Legislation section is e-documents core as a global solution.
The Dynamics 365 Business Central E-documents module enables different models of electronic invoicing required by different countries.
Enabled for: Users, automatically
Public Preview: Sep 2023
General Availability: Oct 2023
Feature Details
The Continuous Transaction Control (CTC) package is a relatively new term that’s used to describe mandatory “real-time” invoice reporting and validation by the tax authorities through e-invoicing or transaction listings. This model of invoicing is becoming the standard method of communication, but in some countries it’s already mandatory by law.
Business Central’s new E-documents module is the foundation layer for all e-invoicing standards covering most common processes, but the idea is to be used in the future for other electronic documents. The module is easily extendable with the country-based e-invoicing apps. The E-documents app covers both sales and purchase processes and can have different lifecycles from standard invoices in Business Central. The system has an additional set of configurations including different codes, methods, schemas, and security models and can also track specific e-invoicing processes, like statuses, logs, changings, and versions. This module covers both clearance and post-audit models.
My Opinion
There are often very specific requirements around e-Invoicing, so it will be interesting to see how capable this enhancement is.
One I’ve recently been involved with is for a client in Saudi Arabia with specific requirements around English/Arabic text and a QR code, which I would expect to be outside the possibilities of this enhancement.
New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 2
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