Month: August 2024

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 9th of the new functionality in the Legislation section is purchase carbon credits.

Many regions have mandatory emission reduction targets. Purchasing carbon credits allows companies to comply with these regulations when they can’t reduce emissions enough through their operations alone.

Enabled for: Users, automatically
Public Preview: –
General Availability: Oct 2024

Feature Details

On Item Card pages, you can set the GHG Credit field for items to treat them as carbon credits. When you set up an item as a carbon credit item type, the Carbon Credit per UoM field (decimal) is enabled so you can specify the carbon credit value.

Afterward, when you include the item on purchase documents it posts a negative line for emission (in the Emission CO2 field) together with the cost of the item (in the Emission Fee field) in the Sustainability Ledger Entry table.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 8th of the new functionality in the Legislation section is use new service providers in the e-documents framework.

With multiple external service provider options available for electronic invoice exchanges during B2B or B2G communication, businesses can now select the provider that best aligns with their specific needs. This flexibility enhances operational efficiency, reduces costs, and mitigates risks associated with dependency on a single provider. Businesses can improve their invoice processing times, ensure compliance with diverse regulatory requirements, and streamline their financial workflows.

Enabled for: Users, automatically
Public Preview: Oct 2024
General Availability: Nov 2024

Feature Details

You have more options to use as access points for electronic invoicing because Microsoft added more electronic document service providers to Business Central.

You can choose new options as the Service Integration endpoints on the E-Document Service page. After you choose a service provider and consent to using third party systems, you set up the connection. To set up the connection, use the Setup Service Integration action to configure credentials and API URLs.

By integrating new service providers, you can automate the receipt and delivery of electronic invoices. The providers serve as endpoints for e-document exchange. This automation streamlines invoice management, reduces manual processing errors, and accelerates transaction times, significantly enhancing operational efficiency and boosting overall productivity.

Although the E-Document Services page has several service integrations already, partners can easily add to their own to the list by publishing a connector app on AppSource.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 7th of the new functionality in the Legislation section is report sustainability entries with financial reports.

Integrating sustainability metrics, particularly greenhouse gas emissions, into financial reports significantly enhances business value. It demonstrates a commitment to transparency and accountability, fostering trust among stakeholders.

Enabled for: Users, automatically
Public Preview: Oct 2024
General Availability: Nov 2024

Feature Details

Users can choose new Totaling Type on the Financial Reports Line – Sust. Account referring to the Sustainability Ledger Entries.

With this model, users can combine values based on General Ledger Entries or Statistical Account Ledger Entries with the following sustainability values: Emission Fees, CO2 Emission, CH4 Emission, and N2O Emission.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 6th of the new functionality in the Legislation section is record greenhouse gas emissions using purchase invoices.

Recording greenhouse gases using purchase invoices allows businesses to track and reduce their carbon footprint effectively. By integrating environmental data with financial records, companies can identify high-emission activities, make informed sustainability decisions, and enhance their corporate responsibility. The proactive approach not only meets regulatory requirements but also attracts eco-conscious customers, strengthens brand reputation, and can lead cost savings through more efficient resource management.

Enabled for: Users, automatically
Public Preview: –
General Availability: Oct 2024

Feature Details

When users receive emissions information on their invoices from vendors, they can promptly include these values in the Purchase Invoice or Purchase Order, eliminating the need for redundant data entry in Sustainability Journals later on. This streamlined process enhances user productivity. Users simply need to choose the Sustainability Account and input the designated emission amounts tracked for each account.

These values will also be available in the Purchase Credit Memo, so it can be used for reversal entries as well.

Upon posting a purchase document, emission information becomes visible in both the Posted Purchase Invoice or Posted Purchase Credit Memo, as well as in the Sustainability Ledger Entry with the appropriate entry type.

If users prefer not to track emissions within purchase documents, they can easily disable this feature on the Sustainability Setup.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 5th of the new functionality in the Legislation section is add attachments when you send electronic documents.

When you send an electronic document, such as an invoice, you can attach the document as a PDF, which enhances transactional transparency and streamlines auditing processes to increase efficiency and reduce potential disputes.

Enabled for: Users, automatically
Public Preview: Oct 2024
General Availability: Nov 2024

Feature Details

Before this release, you could create E-Document files (for example, in the Peppol BIS3 format) when you post sales documents. You could only send this e-document file to the electronic document service provider. The Peppol BIS3 format includes the possibility to include attachments as encoded objects within the XML file.

In this release, you can include PDF attachments with the electronic document and Business Central can encode it in the XML file (alongside invoices or credit notes) when you send documents to various end points.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 4th of the new functionality in the Legislation section is navigate the sustainability manager role center with ease.

The Sustainability manager role center enhances operational efficiency by providing quick access to key environmental metrics and compliance data. The streamlined access enables managers to monitor sustainability initiatives in real-time, ensuring timely adjustments to meet regulatory standards and corporate sustainability goals. By reducing the time spent on data retrieval and analysis, this feature allows sustainability managers to focus on strategic decision-making and continuous improvement, ultimately driving more sustainable business practices and enhancing overall organizational performance.

Enabled for: Users, automatically
Public Preview: –
General Availability: Oct 2024

Feature Details

In the future, sustainability experts within the company can establish a dedicated role center – Sustainability Manager, where they can access all crucial data concerning greenhouse gas emissions within their organizations.

Users will have specific menu, with sustainability-related information provided in the headline, as well as charts, and cues for all important information about emissions, as well as purchase document featuring emission-related lines and goals.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 3rd of the new functionality in the Legislation section is achieve sustainability scorecards and goals.

Achieving sustainability scorecards and goals enhances a company’s reputation, operational efficiency, and compliance, leading to cost savings and risk mitigation. It attracts investors, customers, and talent while fostering innovation and ensuring long term viability. Sustainability efforts align with regulatory incentives and market demand, creating a competitive advantage and driving growth through responsible resource management and positive stakeholder engagement.

Enabled for: Users, automatically
Public Preview: –
General Availability: Oct 2024

Feature Details

Users have the ability to set up specific scorecards with owner information to track sustainability and add goals for each of them.

Goals will have starting and ending dates, baselines, current and target values for all tracked emissions, so users can easily track their progress in achieving their sustainability plans.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2024 Wave 2 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2024 Wave 2.

The 2nd of the new functionality in the Legislation section is use multiple VAT numbers for a customer.

Customers that have warehouses in multiple EU countries probably have a different VAT number for each country. Business Central makes it easy to accommodate that situation. You can set up alternate ship-to addresses for the customers and specify the VAT number to use for those addresses on your sales documents.

Enabled for: Users, automatically
Public Preview: –
General Availability: Oct 2024

Feature Details

Customers that have warehouses in different EU countries must register a new VAT number in each country, which means they have more than one VAT number.

You can add the VAT Number, the VAT Business Posting Group, and the General Business Posting Group to the alternate address for a customer if the address has a different Country/Region Code. When you want to send goods to another address and you select an Alternate Ship-to Address, Business Central shows the appropriate VAT number. You also have the option to use different posting groups.

This feature is available on the following sales documents:

• Sales invoices
• Sales orders
• Sales credit memos
• Sales return orders

My Opinion

This has been a requirement which has come up with a few clients recently, so it is good to see it being introduced into Business Central. It seems odd that it isn’t also available on sales quotes; what will the VAT number be on the order when the quote is converted and an alternative address has been selected?