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Microsoft Dynamics NAV 2018: What’s new?

December 15th, 2017 Intech System Dynamics NAV, Microsoft Dynamics

Microsoft Dynamics NAV is an end-to-end business management solution designed to help organizations create greater productivities and reorganize business processes. It empowers employees to respond quickly to changing business needs with intelligent insights – anywhere and on any device. Microsoft announced the general availability of Dynamics NAV 2018 on December 1, 2017.
Dynamics NAV 2018 offers a range of new feature as well as deeper interoperability across the Microsoft ecosystem. Most importantly, this latest version of Dynamics NAV is deeply integrated with Office 365 and includes built-in intelligence. This makes it easy to use, compliant to specific industry needs, and helps companies make better business decisions.
There are many new features in Dynamics NAV 2018 but here are a few developments you which stand out:

User Tasks

If you need to be reminded for some task, and share that reminder with others, User Task feature comes to your help. You can create tasks for yourself and assign tasks to others or vice-versa.  You can set reminders with a due date, priority level, start date, percentage for how much of the task is completed, and which other users are assigned to the task.

Employee Ledger Entries

In general journal lines, there is a new account type and new balancing account type called ‘Employee’. Posting a general journal Line with Employee as account type or balancing account type will generate an employee ledger entry.  You can use this account type to post a payment to an employee. You can apply payments to an employee ledger entry either via the Applies-to Doc. No. field on the payment journal line or by choosing the Apply Entries action on the employee ledger entry.

Image Analyzer

The Image Analyzer extension uses powerful image analytics provided by the Computer Vision API for Microsoft Cognitive Services to detect attributes in the images that you add to items and contact persons, so you can easily review and assign them.

• Contact persons: Recognize a person’s gender, or age.
• Items: Identify attributes like type and color.

Image Analyzer suggests attributes based tags that the Computer Vision API finds with a confidence level.

Pre-Configured Excel Reports

With this pre-designed report feature, you can automate more of your Excel tasks. The Business Manager and Accountant Role Centers have a new option in the ribbon for Excel Templates. From the Excel Templates list, you can choose a preconfigured report such as balance sheet and income statement, that is ready to print from Excel.

Updated integration with Dynamics 365 for Sales

With Dynamics NAV 2018, you can connect to your Dynamics 365 for Sales solution in a few easy steps. The assisted setup helps you synchronize your data across the two apps, including sales orders, item availability, units of measure, and currencies. The existing integration with the app formerly known as Dynamics CRM has been rebranded and simplified to work better out of the box.

Power BI reporting
Dynamics NAV 2018 provides BI whenever and wherever you need it. The new Power BI reporting control makes your Power BI reports visible from within the most highly-used lists in Dynamics NAV. You can not only view Power BI reports you select, but can also interact and filter the reports by selecting records from the associated list page.

Additional features include a more structured setup & extensions action, bulk post orders, invoices and credit memos, posting setup improvements and missing posting notifications, and much more. With the new and improved functionalities, Dynamics NAV 2018 is surely going to give you a better user-friendly experience.
Want to know more about the new Dynamics NAV? Let’s get connected.