Dynamics 365 for Finance and Operations

Dynamics 365 for Finance and Operations falls into Microsoft’s 6 monthly release cycle (October and April). During these releases Microsoft provides a range of updates to the platform. These updates include new features, bug fixes, updates to the UI and more.

Here is a summary of the changes coming to Dynamics 365 for Finance and Operations in April 2019.

• One Version – The April ’19 release will bring users together on One Version (version 10) for Dynamics 365 for Finance and Operations. This will mark the first time that every Dynamics 365 for Finance and Operations user will be on the same version.
• User Experience – Microsoft is continuing to invest in upgrading the user experience. The targeted areas of these enhancements include performance, compliance, automation, and supportability of the service.
• Financial Management -The focus is on responding to customer feedback for regulatory features and usability. Customers will have the capabilities needed to comply with IFRS 15 and for responding to the guidance on accounting for revenue recognition on contracts. Users will experience an enhanced expense report entry experience with a new header section and details expense report, as well as automated settlements in the general ledger, a process completed periodically. Microsoft has also added bank foreign currency revaluation.
• Warehouse and inventory management – A number of changes are en route to assist in product and inventory management that will have a broad impact on several areas of the service—it allows for faster feedback, less waiting time, and unblocks resources that otherwise will be waiting for a process to finish.
  The ability to configure and apply unit of measure (UoM) conversions for product variants has also been expanded so that UoM conversions at the variant level are now supported throughout the application.
• Sales and procurement – The April ’19 release brings usability enhancements in sales and procurement that increase user productivity and satisfaction. Super users will be able to propose filtered views and build forms where unnecessary fields or actions can be removed. As a result, knowledge from the super users can be shared within the organisation and all skill levels of users can benefit from targeted views, designed to fit the task at hand.
• Manufacturing – the focus is on optimising the resiliency of master planning to platform and infrastructure errors, as well as to deliver incremental master planning performance improvements. This is an ongoing effort that will continue in future releases as opportunities for process and performance improvements are identified.
  Microsoft is also continuously enhancing and evolving its current manufacturing functionality to support the connected, intelligent operations of modern manufacturers. integration with Microsoft Azure IoT services is now available to help manufacturers close the digital feedback loop. This will consolidate close to real-time information from the shop-floor with business data to generate business events and actionable insights
• Globalisation – Microsoft has enhanced the configurable localisation process and has added new features for both electronic reporting and global tax allowing users to extend Microsoft delivered regulatory configurations or build new configurations themselves. They have also updated Brazil and Mexico configuration options.

This is just a high-level overview of some of the features coming to Dynamics 365 for Finance and Operations that are due in April 2019, most of these features are available in preview For users of Dynamics 365 for Finance and Operations these updates come at no extra charge and as long as you are using the system you will see a continued set of changes and improvements making the system better and better.

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