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MICROSOFT Dynamics 365 Business Central WAVE 1 2023 Adderit

Dynamics 365 Business Central Wave 1 2023

Wave 1 de 2023 de Microsoft Dynamics 365 incluye nuevas funcionalidades, mejoras y actualizaciones para una variedad de aplicaciones empresariales

 

 

Algunos aspectos importantes son: 

  • Enhancements on Dynamics 365 Finance and OperationsThese include the automation of financial processes, improvements in inventory management, new data analysis and visualization tools, among others. 
  • Updates in Dynamics 365 Supply Chain ManagementThe company's new software solutions, which provide better inventory management, improved supply chain tracking, more advanced data analysis and visualization tools, among others. 
  • Dynamics 365 Commerce enhancementsincluding new shopping experience personalization tools, improvements in supply chain management and new payment options, among others. 
  • Improvements in Dynamics 365 Human Resourcesincluding better personnel management, improved workforce planning, more advanced data analysis and visualization tools, among others. 
  • Upgrades in Dynamics 365 Marketingincluding new customer experience personalization options, improved audience segmentation and management, and more advanced data analysis and visualization tools, among others. 

 

As for Dynamics 365 Business CentralMicrosoft wants to implement a number of enhancements and new features aimed at helping companies to improve their business processes. small and medium-sized companies to improve their efficiency and productivity. 

 

>If you want to read the features we highlight above all the others, see the end of the article<<

 

New features and enhancements to Business Central are on the horizon: 

 

1. Automation of business processes. 

  • The new version will improve the automation of business processes, allowing companies to reduce the amount of time spent on manual and repetitive tasks. 
  • It will help reduce errors and increase overall efficiency. New features include vendor invoice automation, inventory management automation and a more intuitive payroll experience. 

 

2. Faster adaptation with Microsoft's Power platform. 

  • It will be easier to set up approval workflows in Business Central so people can be more productive by automating more of their processes.  

 

3. Improved data analysis. 

  • With the improvements in data analyticsIn addition, users will be able to obtain more detailed and valuable information about their business operations. 
  • The new version will include a enhanced reporting experience. 
  • Tighter integration with Power BI. 
  • New capabilities of artificial intelligence and machine learning. 

 

 

4. Advanced project management. 

  • Improved project planning. 
  • Better collaboration in real time. 
  • Greater visibility on project resources. 

 

5. Greater flexibility and customization. 

  • Users will be able to customize the platform to meet their specific business needs.  
  • Greater flexibility in the way business functions can be configured and managed.  

 

User experience in Business Central 

Business Central offers a broad portfolio of user interfaces that enable your customers to work with their data from anywhere and on any device, including an installable desktop application, a browser-based web application and mobile applications. Whether users need enter data at high speed, update your entries informally, or analyze relational data. 

Mejoras clave: 

  1. PCustomization of the fields on a page, by choosing from existing table fields, which reduces the time and effort to optimize your workspace.  
  2. The experience has been improved file uploading, file drag and drop is now possible directly in the dialog box. 
  3. Navigation through the application has been improved to be more user-friendly. more efficient with the use of the keyboard. 
  4. The action bar on all pages has been optimized. for higher productivity. 
  5. Now hyperlinks can be copied and pasted in a legible manner for a better communication and information sharing. 

 

Application 

It includes functionalities that allow users to further automate their processes and be more productive, as well as tools that facilitate the development of Power Apps.  

Mejoras clave: 

  1. The incorporation of functionalities for automate processes.
  2. Increase the user productivity.

 

Accounting processes for multiple companies 

In the area of financial management, the focus is on facilitate the management of accounting tasks for several companies in an intercompany configuration. 

  • The intercompany publication function has been improved. to facilitate the configuration. 
  • Better overview and allows to make the processes of more fluid and flexible multi-company transactions. 

 

End-of-period accounting processes and analysis 

The review of accounting data is a crucial process to ensure that the accounts accurately reflect the company's financial position and to identify possible errors or discrepancies. 

This includes: 

  • Reconciliation of any balances in the statistical accounts with the source documents. 
  • Verify that all transactions have been recorded correctly. 
  • Identify any unusual trends or anomalies that may require further investigation. 

In addition to end-of-period review, data from statistical accounts can also be used for ongoing analysis and reporting.  

Statistical data can be used to analyze unit production costs or employee productivity metrics, which can inform pricing, resource allocation or performance management decisions. 

 

Mejoras clave: 

  1. The addition of the statistical accounts for the analysis of numerical data in general ledger (G/L) transactions, allowing for greater accuracy in financial evaluation and management. 
  2. We have also improved the management of accounts for companies with high volume of transactionsThis makes it easier and more efficient to obtain an overview of the progress of the end-of-term process.  
  3. General ledger clearing (G/L) streamlines reconciliation tasks for accountants by allowing them to apply general ledger entries more smoothly. 

 

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Inventory and warehouse scenarios 

A number of improvements have been implemented to provide better user and consultant experience. 

Key features: 

  1. Simplified configuration: The configuration of the inventory features has been improved, which has facilitates the initial configuration for users new to the system. 
  2. Improved demonstration data: This allows users to see more clearly how inventory and warehouse features can be used in real-life situations.
  3. Warehouse and item tracking: Enhanced warehouse and item tracking capabilities are being developed, allowing users to more accurately track items and stock in the warehouse. 

Wanted: help Microsoft Business Central users gain greater control and visibility into their inventory and warehouse processes, enabling them to make more informed decisions and improve efficiency in their business. 

 

Service and platform 

This version continues to invest in performance, stability, resource management, security and compliance. 

Key features: 

1. A focus has been placed on theperformance, stability, resource management, and security.

2. Improvement of the stability of the sessions The system also provides a better logon time for interactive users and a reduction in the number of user session interruptions. 

3. Improvement of the time of client-side page rendering on all page types and controls to make the customer more responsive. 

4. Improved OData call performance This will benefit customers using web services such as Teams, warehouse scanners, Dataverse applications and other integrations. 

5. Language runtime (AL) optimization to minimize database locking and adjust frequently used application scenarios such as country-specific regulatory reporting, general journal entry renumbering, item tracking, reserve entries and inventory availability calculation. 

 

Data Analysis and Reporting: Strengthening Businesses with a Focus on Primary Data 

 

Data analysis and reporting play a crucial role in this process, as they help companies make sense of their data, extract valuable information and optimize their operations. 

The guiding principle behind reporting in Business Central is to "data first". 

This means that users have access to all their data in an easily consumable manner. With the release of new features and capabilities, Business Central enables users to leverage their data more effectively. Predictive analytics is no longer limited to predefined reports covering a historical view of the business, instead, users can organize and use their data to react to key events, large or small, to optimize the business. 

 

Key features: 

1. User-friendly interfaceUsers can quickly create, modify and share reports using familiar tools such as Microsoft Excel and Power BI. In addition, Business Central offers a variety of customizable report templates that can be tailored to a company's specific needs. 

2. Real-time informationThe platform's advanced analytics tools enable users to make informed decisions on the fly. The platform's advanced analytical tools enable users to identify trends, patterns and anomalies in their data, which can help them make data-driven decisions. With the ability to drill down into data, Business Central provides a more detailed view of a company's operations, helping users identify areas for improvement. 

3. Ability to integrate with other Microsoft tools. Users can seamlessly connect Business Central to Microsoft Excel, Power BI and other Microsoft tools to gain even more insight into their data. This integration also allows for easy sharing of reports and data across teams, departments and even organizations. 

In conclusion, data analysis and reporting are critical components of any business management solution. With its focus on primary data, easy-to-use interface, real-time reporting and integration with other Microsoft tools, Business Central offers a powerful platform for companies to leverage their data more effectively. By empowering users with the tools and information needed to make data-driven decisions, Business Central can help companies stay ahead of the curve in an increasingly competitive environment. 

 

Power Bi for data analysis 

Power BI es una poderosa herramienta para el análisis y reporte de datos, y comenzar con ella puede ser abrumador.  

With this new update, Microsoft has sought to make it easier for new users to get started with the program by providing a set of Power BI Desktop sample files on the aka.ms/bctech website. 

Users can access these sample files directly on PowerBI.com with their Business Central account. They can then customize the files using the data from the new API model.The data can then be used to generate reports in PowerBI.com, or even enhanced with other data, before being used to generate reports in PowerBI.com. 

 

Legislation 

It provides automation of legislation and features that comply with the various regulations established by government agencies.

The main focus of the legislative effort in this Wave 1 of 2023, focuses on non-deductible VAT in the base application. 

They will be standardized and made extensible so that members can easily extend them if necessary. 

With the automation and new features added in this upgrade, users can focus on their core business and be confident that they are complying with the necessary regulations. The standardization of functionality also means that partners can extend the enhancements easily and effectively. 

 Key features:

1. Legislation updates are reviewed based on the most popular requests for improvement in this area. 

2. Automation and legislative features that comply with regulations set by government agencies are being provided, so that users can focus on their core business. 

It is planned to take a step towards standardization of functionality so that all these enhancements are delivered as standard capabilities in all supported countries and regions where relevant. 

4. Tax reporting has been improved and support for electronic invoicing has been added for more countries and regions. Automation has also been improved in this update, allowing users to save time and reduce errors in managing legislation. 

 

Countries and regions

Expansion to more countries and regions has been achieved through localization. 

Business Central is available to serve customers in more than 130 countries and more than 30 new languages.  

Expanding Business Central to more countries and regions is one of Microsoft's major goals. In order to help companies around the world take full advantage of the platform, efforts are being made to make Business Central available in as many locations as possible. 

 

The main features offered in Business Central include: 

Availability in more than 130 countries and 30 new languages to be added in the June 2023 update. Full list here: https://learn.microsoft.com/en-us/dynamics365/business-central/dev-itpro/compliance/apptest-countries-and-translations.

2. Regulatory feature updates: Microsoft provides regulatory feature updates to countries where it is responsible for localization. This means that companies can be confident that they are complying with all relevant government regulations. 

3. Customized solutions: will allow for further customization and expansion to suit the specific needs of each company.  

 

How to integrate Business Central with Microsoft productivity applications 

In a business environment, productivity applications are an essential tool for employees to work smarter and teams to perform at their best. In this regard, Business Central integrates seamlessly with best-of-breed Microsoft 365 applications and services, such as Outlook, Excel, Word, OneDrive and Teams, to facilitate workflow and data management. 

This Wave seeks to drive greater engagement with products and access to data across the organization. 

New features of this release include: 

  1. Improvements to adaptive cards in Teamswith an optimized thumbnail view and improved permissions experience. 
  2. A new configuration page to control the security of the «Teams Cards». 

 

 

The most innovative and/or interesting improvements that we would highlight from this new release on Dynamics 365 Business Central enhancements:

1. Improved integration with Microsoft Teams: enabling more effective collaboration between teams. Some of the features of this integration include the ability to start a conversation about a record in Teams, share and co-author business documents in OneDrive for Business, and the ability to build reports and other templates in Word.

2. Improvements in administration: administrators will have more tools to manage their environment and applications, allowing them to be more self-sufficient and handle a wide variety of administrative scenarios. Some of the features of this enhancement include the ability to transfer environments from one organization to another in a controlled manner, options to manage ISV application upgrades and the ability to manage per-tenant extensions in the admin center, and improved data migration tool from on-premises Business Central to the cloud.

3. Improved integration with Microsoft Power Platform: enables Business Central users to achieve greater efficiency in working with Power Platform, automating more processes and improving productivity. Some of the features of this enhancement include the Easier configuration of approval flows from within Business Central and delivery of sample applications to help Power App builders get started faster. It also allows for greater flexibility in the distribution of enabled builders to build more portable Power Apps and Power Automate flows.

4. Being able to add existing table fields to optimize your pages.

5. Drag and drop files into the file upload dialog box..

6. Acceso al menú de acciones y navegación efficiently with the keyboard.

7. Adapted action bar to fit your needs on the lines of the document.

8. Copy and paste hyperlinks legible. 

 

 What do you think of these new changes, and do you find them interesting? Leave us your impressions in the comments.

 

Source:

Wave 1 information in English

Wave 1 Information In English

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