{"id":2909,"date":"2023-06-28T20:34:12","date_gmt":"2023-06-28T20:34:12","guid":{"rendered":"https:\/\/www.oztera.com\/?p=2909"},"modified":"2023-06-28T20:34:12","modified_gmt":"2023-06-28T20:34:12","slug":"microsoft-dynamics-365-business-central-spring-2023-release","status":"publish","type":"post","link":"https:\/\/www.oztera.com\/microsoft-dynamics-365-business-central-spring-2023-release\/","title":{"rendered":"Microsoft Dynamics 365 Business Central Spring 2023 Release"},"content":{"rendered":"

The Business Central application is a business management solution designed for small and mid-sized organizations. It automates and streamlines various business processes, offering a wide range of features and high adaptability. With Business Central, companies can efficiently manage their finances, supply chain, manufacturing, shipping, project management, services, and more. The application allows for easy customization to support specialized industries and region-specific requirements. It boasts fast implementation, easy configuration, and a focus on simplicity throughout the product design, development, implementation, and usability.<\/span>\u00a0<\/span><\/p>\n

In the 2023 release wave 1, Business Central introduces enhancements to support the management of multiple companies, including improvements to the intercompany features. These enhancements aim to reduce customer onboarding time by providing seamless onboarding experiences supported by quality content from Microsoft and their partners. The release also focuses on helping organizations comply with government regulations through automated regulatory tasks, enabling businesses to concentrate on their core operations. For example, the W1 version will include support for non-deductible VAT, which will be subsequently added to Microsoft country versions that support VAT in phases. Usability remains a priority, and this release aims to boost efficiency when working with lists of records. Users can personalize columns by adding any field from the table, utilize bulk actions on multiple rows, and access more comprehensive views for faster and smarter work.<\/span>\u00a0<\/span><\/p>\n

Furthermore, Business Central invests in enhancing the productivity of developers and consultants. The introduction of Visual Studio Code AL Explorer facilitates seamless collaboration on development through GitHub, while also providing self-service capabilities for administrators managing apps and environments. Independent Software Vendors (ISVs) will gain the ability to perform transactions through the AppSource marketplace.<\/span>\u00a0<\/span><\/p>\n

The application encompasses various functional capabilities that assist customers in managing their businesses effectively. In the 2023 release wave 1, Business Central continues to modernize financial and operational processes to offer customers advanced features as their businesses grow.<\/span>\u00a0<\/span><\/p>\n

Specifically, in the area of financial management, there is a focus on simplifying accounting tasks for multiple companies in an intercompany setup. The Intercompany Postings feature has been improved to enhance setup, provide better overviews, and make intercompany transaction processes more seamless and flexible.<\/span>\u00a0<\/span><\/p>\n

For accounting period-end processes and analysis, Statistical Accounts have been introduced alongside dimensions. Statistical accounts allow users to enter numerical data for general ledger (G\/L) transactions, facilitating comprehensive analysis. Additionally, the G\/L Settlement feature simplifies the reconciliation tasks by enabling bookkeepers to apply general ledger entries.<\/span>\u00a0<\/span><\/p>\n

Continuing their efforts to enhance inventory features, Business Central has made improvements to setup and demo data, simplifying configuration and providing a better data migration process. The focus is on seamless processes across various areas, including the development of warehouse and item tracking capabilities.<\/span>\u00a0<\/span><\/p>\n

Moreover, this release includes several customer-requested improvements and feature enhancements. These additions have been implemented based on ideas submitted by the community through the aka.ms\/bcideas page.<\/span>\u00a0<\/span><\/p>\n

Application:<\/span><\/b>\u00a0<\/span><\/h5>\n
Add more columns to pages for better insight<\/span><\/i><\/b> :<\/span><\/h6>\n

Business value<\/span><\/b>\u00a0<\/span><\/p>\n

Different businesses and users need different information to complete business processes. Personalization is a powerful tool that lets people tailor the information that pages contain by dragging fields or columns from a list to the page. Based on feedback from our community, Microsoft has added more fields and columns to choose from on several pages.<\/span>\u00a0<\/span><\/p>\n

Feature details<\/span><\/b>\u00a0<\/span><\/p>\n

The\u202fGen. Bus. Posting Group,\u202fGen. Prod. Posting Group,\u202fVAT Bus. Posting Group, and\u202fVAT Prod. Posting Group\u202ffields can be added by personalizing the\u202fLines\u202fFastTab on the following sales and purchase documents:<\/span>\u00a0<\/span><\/p>\n