Microsoft has published the latest plans for enhancing Dynamics 365 Business Central. The 2022 release wave 1 plan documents summarize both preview and production-ready updates that Microsoft will drop starting April 2022 through September 2022.
We have already talked about 2022 Release Wave 1 in our previous blog. We’ll now discuss how these new features enhance our existing software. Read below to learn about the top business benefits of these new features:
1. Payment Reconciliation Journal
It is necessary to keep an account of all day-to-day transactions for an accurate forecast of balances and cash flow. With the new release plans, Microsoft has announced the addition of new features in the Payment Reconciliation Journal to make it more effective and precise. With these features, the user can view fields for debits and credits on the footer of journals and preview before posting.
2. Shopify Connector
Dynamics 365 Business Central has partnered with Shopify to create an enhanced shopping experience for their customers. Shopify provides merchants with an easy-to-use e-commerce solution, and Dynamics 365 Business Central offers an extensive business management solution for finance, sales, service, and operations teams, all in a single application. A seamless connection between the two systems will synchronize order, stock, and customer information to ensure that merchants can take care of orders faster and serve their customers better.
3. Synchronize sales quotes and orders in both Business Central and Dynamics 365 Sales
With these new features, the system will update information simultaneously on both D365 Sales and D365 Business Central in real-time. Thus, minimizing errors and assisting in the timely delivery of shipments and smoother functioning of operations.
4. New UI for entering demand forecasts to add support for variant code and other improvements
Accurate demand forecasting gives businesses valuable insights into their position in the market, which helps decision-makers shape their strategies for pricing, business growth, and market potential. The ability to include the right level of detail on item variants in demand forecasts unlocks planning capabilities and brings down the lead time of raw materials or semi-finished good for companies that don’t have an inflow of sales orders.
5. Bank Reconciliation
Bank reconciliation is a critical accounting task for most businesses because it ensures that everything is registered and that the cash positions are correct. With these new features, the reporting for the posted bank reconciliations (bank account statements) has improved to allow for more efficient validation and auditing.
As mentioned earlier, the introduction of some features and release dates could be pushed back and there might be additional feature announcements, so keep in touch with us to stay updated on the release plans and never miss an important update. Contact us today to learn more.
We at Intech Systems are committed to providing our customers with the best solutions according to their business requirements. Our firm focuses on implementation, development, and support services for Microsoft Business Applications. Intech is amongst the top Microsoft Dynamics partners in India today and is trusted by 200+ customers globally for its digital transformation solutions. With offices in India and the United States, Intech has over four decades of experience in delivering top-notch technology solutions for Microsoft Dynamics 365, F&O, Business Central, CRM, Power BI, Power Apps, Microsoft Azure Cloud, AI, loT, and other custom-developed applications.
We are on a mission to help businesses like yours get ready to embrace and leverage these technological changes to position themselves better for the future. Whether you want to migrate from Navision to Business Central or from a non-Microsoft ERP system, we are here to provide you with the best possible solution.