Category: Business Central (Nav/Navision)

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The tenth of the new functionality in the Application section is Ship And Receive Non-Inventory Items On Warehouse Documents.

Warehouse employees can ship and receive non-inventory items, such as insurance or cost, on sales or purchase orders along with the physical goods on the orders.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

Sales and purchase orders often have various types of things on their lines. For example, they might have general ledger items, accounts, and fixed assets. For configurations where you handle physical goods in warehouse documents, such as inventory put-aways, warehouse receipts, inventory picks, or warehouse shipments, you can also post some types of non-inventory items. In the previous version, you had to post non-inventory items separately.

This applies to two scenarios:

• Post all non-inventory lines on the source document as soon as at least one non-inventory item is posted by the warehouse document.
• Post non-inventory lines of the source document linked to the item via the Attached to Line No. field when the item is posted by a warehouse document.

To start using this feature, on the Inventory Setup page, turn on the Non-Inventory Items Posting Policy toggle.

My Opinion

I’ve not dealt too much with stock at the moment, but I did see a conversation the other day on one of the forums about this exact issue. It seems odd that you had to process the non-inventory items separately, although from another point of view they aren’t stock so shouldn’t be on a warehouse transactions, so I can see the benefit of this functionality and it has been added behind a setting so the current method is the default for people already using Dynamics BC.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The ninth of the new functionality in the Application section is Set Up And Sync Master Data Across Companies.

Business Central makes it easy to move one company’s setup to another company in the same environment. You can also synchronize master data between the companies.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

This feature is intended for scenarios in which you want to move the setup in one company to another company in the same environment. It’s also built as a data synchronization engine that lets you keep data in the companies synchronized after the initial move.

The following capabilities are added for managing master data:

• Moving master data works when a company subscribes to data from another company.
• You can define the tables and fields to synchronize. For more control over the synchronization, you can filter on table records. You can also set up more advanced synchronization couplings.
• Changes in the main company are immediately pulled to the receiving companies by the job queue.
• Users in the receiving company can review synchronization logs.

My Opinion

This sounds quite interesting, depending of course on which master data can be synchronised and how it works, but I have in the past spoken to a number of clients who want to maintain a set of core master data in one compny and have it available in others (e.g. a unified chart of accounts). I’m interested in getting hands on with this one in April (possibly March in a sandbox).

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The eighth of the new functionality in the Application section is Review General Ledger Accounts Faster.

During the process of closing a period it’s often necessary to go through all transactions for a G/L account to ensure they’re correct. The G/L Review action makes the review process faster and easier.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

To speed up the period-end process of reviewing and reconciling G/L accounts, you can review the G/L entries for a given G/L account and mark the entries as Reviewed.

Continue reading “New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1: Review General Ledger Accounts Faster”

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The seventh of the new functionality in the Application section is Preview Item Journals Before Posting.

The Preview Posting action helps you avoid mistakes by giving you the chance to review the types of entries that will be created when you post item journals or other inventory documents before you commit the changes to your database.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

When you post item journals or other warehouse documents, such as inventory picks and put-aways and warehouse shipments and receipts, you create different types of G/L entries. Continue reading “New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1: Preview Item Journals Before Posting”

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The sixth of the new functionality in the Application section is Intercompany Posting Setup Supports More Transaction Types And Streamlines Flows.

Intercompany posting lets you to manage accounting activities for multiple companies in a group of companies. Setting up the workflows and relationships between the companies can be complicated, so to make it easier to get started Microsoft have consolidated the various steps into a single page. Plus, they’ve added a validation that helps you find any problems there might be in your setup.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

Intercompany posting has a combined setup and overview page that links to the different set-up and task pages. In the online version of Business Central, you can validate your intercompany posting setup to determine whether you have incorrect or missing settings across partner companies.

We’ve improved intercompany posting in the following ways:

• Manage your intercompany setup on one page that includes intercompany partners, an intercompany chart of accounts, and intercompany dimensions.
• Handle bank transactions on the IC General Journals page.
• End-to-end flows are improved so that duplicated data doesn’t require manual attention in the ‘no-changes’ cases.
• The experience when working with the intercompany inbox and outbox is smoother and Role Center cues are added to give an overview.
• IC general journals are included on the G/L Register page.

New Business Central customers can find the set-up page by searching for Intercompany Setup. Existing customers with upgraded tenants can make the page available by turning on Feature Update: Automatically accept intercompany general journal transactions on the Feature Management page.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The fifth of the new functionality in the Application section is Define Content Of Created Warehouse Documents With Filters.

You can provide more information for your warehouse team by defining filters on fields on source document lines when you create inventory put-away, pick, and movement documents. The additional information lets you be more specific about the actions to take in the warehouse.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

Microsoft have added more filters to the Create Inventory Put-away/Pick/Mvt batch job. In addition to the source document type and number, you can filter by location, item, job task, and production order line. The extra filters let you be more specific when you create inventory pick and put-away documents for the team in your warehouse.

Continue reading “New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1: Define Content Of Created Warehouse Documents With Filters”

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The fourth of the new functionality in the Application section is Company Hub Now Lets Admins Add User-Specific Settings.

Company Hub gives an at-a-glance overview of multiple companies with metrics for each company, making it easier to determine whether to take action.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

The improved Company Hub lets admins control which users can see which companies and which metrics. Users can easily define which companies they want to use, in which order, and which metrics display in their personalized view on Company Hub.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The third of the new functionality in the Application section is Avoid Document Number Errors When You Post Item Journals.

To avoid or fix errors related to the order of document numbers when you post item journals, you can use the Renumber Document Numbers action before you post.

Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023

Feature Details

On the Item Journals page, the Document No. field is editable so that you can specify different document numbers for different journal lines, or the same document number for related journal lines.

If a number series is specified in the No. Series field on the item journal batch, document numbers for individual or grouped lines must be in sequential order when you post an item journal. If they aren’t, you can’t post the journal. To avoid problems with posting, you can use the Renumber Document Numbers action on the Item Journals page before you post the journal. If related journal lines were grouped by document number before you used the action, they’ll stay grouped but might be assigned a different document number.

The Renumber Document Numbers action also works on filtered views.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The second of the new functionality in the Application section is Use Different General Ledger Accounts For Payables, Receivables.

Sometimes businesses want to post payable and receivable transactions to a different general ledger (G/L) account than the one that is specified on the customer or vendor posting group—for example, in a case where a transaction is for a bad debt. Controllers can define policies for posting these nonstandard transactions, and accountants can change them during posting.

Enabled for: Users by admins, makers, or analysts
Public Preview: –
General Availability: Apr 2023

Feature Details

You can enable alterations of default customer or vendor posting groups by choosing Allow Alteration of Posting Group on the Sales and Receivable Setup and Service Mgt. Setup pages for customer posting group changes, and the Purchases and Payables Setup page for vendor posting group changes.

On the Customer Posting Groups or Vendor Posting Groups pages, you can specify the posting groups to allow as substitutes by choosing Substitutions. Substitute posting groups can replace the default customer or vendor posting group specified for a customer or vendor.

After you set this up, you can pick among allowed substitute posting groups and change customer or vendor posting groups when posting sales or purchase documents and journals. Changed, non-default, customer or vendor posting groups are copied to posted documents and journals, and payable or receivable G/L entries are posted to the G/L accounts specified for the substitutes.

For example, when you apply an invoice and a payment that are posted with different customer or vendor posting groups, resulting in different G/L accounts, Business Central transfers amounts between the G/L accounts to balance them.

You’ll also be able to run the Suggest Vendor Payments report using a vendor posting group as a criteria for suggesting payments.

This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.

The first of the new functionality in the Application section is Adjust Exchange Rates Easily, Replace The Built-In Batch Job.

When companies operate in multiple countries or regions, it’s important that they can do business and run financial reports in more than one currency. Because exchange rates often change, businesses must periodically update the rates in Business Central. This update gives accountants additional control over how they adjust exchange rates. At the same time, partners can now extend and customize the exchange rate adjustment to meet the needs of specific industries or markets.

Enabled for: Users by admins, makers, or analysts
Public Preview: –
General Availability: Apr 2023

Feature Details

You can now preview the effect that an exchange rate adjustment will have on posting before you actually post by choosing the Preview action on the Adjust Exchange Rates report request page. Specify if you want a detailed posting to the general ledger by entry or a summarized posting by currency. Just pick the Summarize Entries field on the Adjust Exchange Rates report. You can also specify how the adjustment will handle dimensions for unrealized gains and losses postings by choosing one of the following options in the Transfer Dimension Values field:

• Source Entry: G/L entries for unrealized gains and losses will have dimensions values transferred from the entry being adjusted.
• By G/L Account: G/L entries for unrealized gains and losses will have dimensions values transferred from the unrealized gains and losses G/L account’s dimension settings source entry.
• No Transfer: G/L entries for unrealized gains and losses won’t have dimensions values.