D365 New Feature: R40 Release Notes

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Introduction

The latest update for Dynamics 365 Finance & Operations (version 10.0.40) brings an array of exciting new features designed to enhance efficiency, streamline processes, and leverage the power of AI. Among these updates, the introduction of AI-powered enhancements stands out, particularly in business performance planning and simplified setups with AI guidance. These advancements promise to revolutionize howorganizations manage their finances, offering greater accuracy, reduced manual effort, and optimized resource allocation. Let's dive into the most interesting new features and see how they can transform your business operations.

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End User

1. AI-Powered Enhancements for Business Performance Planning

Dynamics 365 F&O introduces AI-powered experiences for business performance planning. This will streamline financial decision-making, optimize resource allocation, and improve financial outcomes.

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2. Simplified Setup with AI Rules Guidance

The financial dimension setup becomes easier with AI guidance. The system suggests default dimensions based on historical data and user preferences, reducing manual effort and ensuring accuracy.

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3. Core Financial Advancements

• The functionality of the financial tag feature allows organizations to track user-defined fields on accounting entries posted to the general ledger continues to expand.
• Financial tags can now be added to accounting distributions for documents using the source document accounting framework.
• This feature makes the entry of financial tag values on the accounting distribution page.
• In future releases, financial tags can default for accounting distributions from documents such as free text invoices, purchase orders, and vendor invoice document entries.

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4. Automation and Other Improvements involving Bank Accounts

• Automatic clearing of bridged transactions in advanced bank reconciliation.
• Matching rule enhancements in advanced bank reconciliation
• Automatic posting of vouchers, customer payment journals, and vendor payment journals.
• Automatic settlement of open customer invoices with bank statement lines
• Approval workflow for bank account activation, modification, and deactivation.
• Expanded Country Coverage and Tax Automation
• Dynamics 365 Finance extends its reach by expanding country coverage.
• Organizations operating globally can now benefit from localized features and tax compliance capabilities tailored to specific regions.

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5. Copilot and AI Innovation : (Enabled by default)

• Efficient and accurate demand planning with Copilot
• In-product guidance, forecast insights, and the ability to explore trends, anomalies, and influencing factors using natural language
• This feature will be released in the United States Azure geographic area.

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B. Released Product

On the Released product details it will add a product summary according to your most used forms and context.

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C. Vendor summary

Vendor summary includes details on vendor on-hold status, active contracts, rebates, open purchase orders (POs), outliers, risks.

The vendor's status indicates account number, vendor currency, and accounting currency, currently on hold or not. Purchasing order, posted vendor invoice, and payment statuses are provided. Overdue vendor invoices, purchasing agreements, and active rebates also show status.

Outliers in vendor data highlight descriptions of outlier events. Risks stem from overdue purchase lines, delivery trends, vendor history, and potential foreign exchange losses from outstanding invoices.

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D. Purchase order summary

It gives an overview of what is the status of the purchase order (number of lines confirmed/received/invoiced and if partially or fully) and selected insights (summary of lines that are overdue or nearly overdue (receipt date equal current date).

Feature management: Purchase order summary

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E. Sales order summary

It gives an overview of what is the status of the sales order (number of lines confirmed/received/invoiced and if partially or fully) and selected insights (summary of lines that are overdue or nearly overdue (ship date equal current date).

Feature management: Sales order insights

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F. Collections coordinator summary

This feature provides a collections coordinator (collections agent) with a summary of the aging amounts, payment history and remaining credit for a customer. It also creates an Al-generated email to edit and then send to a customer to remind them of their overdue payments.

The primary goal is to gather all relevant data points for a customer with overdue balances in one place, so collections coordinators spend less time looking for the details and more time contacting the customers.

Feature management: Collections coordinator summary and Collections coordinator workspace

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G. Workflow history summary

This feature provides a concise summary of a workflow process including the submitter name, submitted date, workflow status, due date, comments and the most recent approval/rejection/change status history.

The primary goal is to speed up the approval process by showing all relevant details at the top of the workflow history page so decisions can be made quicker.

Feature management: Workflow history summary

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H. Customer page summary

This feature provides a comprehensive summary of customer account statuses and insights using transaction data like invoices, payments, sales orders, sales agreements, rebates, overdue invoices, delayed order lines from the past year.

The primary goal is to enhance operational efficiency and minimize the time users spend navigating between forms and modules.

Feature management: Customer page summary

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New summarization scenarios

In build 10.0.38 from PQU5 and 10.0.39 from PQU3 of Dynamics 365 finance and operations apps, Copilot features through respective feature flags will be automatically installed and enabled by default, such as feature Purchase order summary.

From build 10.0.40, Copilot capabilities will be always on.

The respective solutions that enable the copilot capabilities with Azure OpenAl will be automatically installed in their respective instances.

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6. Inventory and logistics:

• Reproduce business documents that include product bundles, preserving detailed product-bundle information for reprinting original sales order confirmations and invoices even after the related sales order has been deleted or archived and purged. Preview feature - Product bundles in journals
• Query and manage inventory without site or warehouse info, enabled by default. This feature allows the Inventory Visibility service for Supply Chain Management to support business scenarios both where users may or may not know the site and warehouse. The Inventory Visibility service API now supports two options for querying or updating inventory data:
• Specify organization ID and product ID, plus other relevant inventory and tracking dimensions.
• Specify organization ID, product ID, site ID, and warehouse ID, along wtih other relevant inventory and tracking dimensions.

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7. Manufacturing and Asset Management:

• Track serial and batch numbers of components used in production orders and link them to serial and batch numbers of finished goods.
• Generate production orders with quantities exceeding one unit, even when components and finished products are subject to serial or batch number control.
• Seamlessly integrate the serial number and batch number tracking process with job management.
• Track serial and batch numbers both from within the production floor execution interface and through the standard UI for managing production orders.
• Connect to the supply chain traceability service.
• Supply Chain Management lets workers work effectively by scanning barcodes with serial and batch numbers and lets supervisors view and edit the tracking details. The supply chain traceability service provides high-performance traceability and can connect to a variety of other data sources as needed.
• Use Feature management: Tracked components

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8. Warehouse Management:

• Inspect and process returned items more efficiently, allowing warehouse operators to manage and review returned items before choosing how to process the return. Warehouse workers no longer need to select a disposition code immediately upon receiving a returned item; instead, they can choose to postpone that decision until after they have had a chance to inspect the item. Enabled by default.
• Operate external shared warehouse with Warehouse management only mode.

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9. Feature Enhancements:

• Cost management: Clean up "Potential conflicts - inventory and general ledger" and "Potential conflicts - work in process and general ledger" report data.
• Inventory and warehouse management: Correct items not visible in the released products form manually.
• Master planning: Various optimizations including excluding items without on-order quantity, freezing time fence, item substitution, transport days support, and use of rounding for unit measures.
• Production control: List view for reporting job progress from the production floor execution interface.
• Sales and marketing: Recalculate delivery dates upon creation of direct delivery.
• Warehouse management: Hide mobile device menu items, location blocking policies, minimum characters for license plate numbers, work transaction date policies, advanced address maintenance, and context-aware worker summary screen in WMA (Preview).

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10. Credits and Collections

• Improved performance for the customer aging report when calculating aging bucket balances

11. Tax Calculation Module

• Support for unit conversion for “by quantity” calculations, automatically converting units based on setup unit conversions.

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12. Cash and Bank Management Module

• Support for importing bank statements through data entities, including bank statement headers and lines

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13. Tax Module

• Added support for invoice numbers in posted sales tax transactions to prevent loss of invoice numbers in transactions posted through the general ledger journal.

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14. Accounts Payable Module

• Introduction of line-level financial dimensions (business unit, cost center, and department) in invoice capture version 1.3.0.x and later, streamlining the process by transferring financial dimensions value from invoice capture to Dynamics 365 Finance without adding extensions.
• Optimized memory usage for handling long invoices by splitting the distribution process into individual batches.

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15. Cash and Bank Management Module

• Support for importing bank statements through data entities, including bank statement headers and lines

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DEVELOPER

The transition to Lakehouse reflects the evolution of data management needs and  technology capabilities. Here is a brief explanation of each:

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16. Add file to solution on save

• X++ development just got easier with the help of this new feature your solution will get updated automatically if you save or edit the file in visual studio.


To enable this feature go to dynamic D365 > options > dynamics d365 > projects


And enable the Add file to solution on save.


Before 10.0.40

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After 10.0.40

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