This post highlights the new features in Microsoft Dynamics 365 Business Central (D365BC), 2024 release 2
To learn more about D365BC, including its financial reporting, budgeting and inventory capabilities, the industries and sectors it serves, its license types and their prices; to familiarize with the implementation process and estimate implementation cost, visit the corresponding page or hire a consultant.
Below are some of the key features that are introduced in the second major yearly release of D365BC in 2024:
- Auto-Apply Templates When Synchronizing Data Between D365BC and Dataverse
- When synchronizing data, such as customer records, the system can automatically apply different templates based on data attributes like country.
- Allow more than one user to post warehouse entries at a time
- The warehouse entry table will no longer be locked while warehouse employees post transactions.
- Use new reports and demo data for financial reporting
- Five new standard reports and row and column definitions are added. New reports include TB (Trial Balance), BS DET (Balance Sheet Detailed), BS SUM (Balance Sheet Summary), IS DET (Income Statement Detailed), and IS SUM (Income Statement Summary).
- Manage subscription billing and revenue and expense recognition
- D365BC now supports various subscription billing scenarios, enabling businesses to manage recurring billing for items. Key Capabilities Include Subscription Contracts, Billing Schedules, Usage-Based Billing, Automated Billing, Deferral Integration & Revenue Recognition, Contract Updates, and Reports.
- Integrate Field Service with service management
- D365BC is now better connected with Dynamics 365 Field Service, allowing seamless integration solutions for managing service tasks, consumption, and financial transactions.
- Export posted sales invoices to Shopify
- You can now export posted sales invoices from D365BC to Shopify as orders using a new report (batch job).
- Replenish items for projects
- You can now create purchase orders right from a project using the same algorithm as the Order Planning worksheet, which means it doesn’t require an elaborate setup to produce recommendations, but it’s intelligent enough to analyze demand and supply for required items.
- Reconcile payment transactions in Shopify with invoices
- After customers check out of Shopify, their payment information will be saved as a transaction, where multiple transactions will be linked to an order. These payment transactions sync with orders in D365BC, where they can be viewed on the Shopify Orders
Edocation team continues bringing new features to D365BC users’ attention. If you would like to take full advantage of the system, hire a consultant.