Updates in March and upcoming April 2024
Platform Version: 10.0.39
Build Number: 10.0.1860.32
Link: April Update 2024
From March, version 10.0.39 will be available to apply in the environment. This update brings new beneficial functionalities/features in Vendor invoices and Cash & Bank Management.
- New features
| Feature area | Feature | Enabled by |
| Additional languages available | Six additional languages are available | Localized preference |
| Accounts payable | New vendor invoice center | Default off |
| Accounts payable (Invoice capture) | Document type settings for transferred invoice document from Invoice capture | |
| Accounts payable (Invoice capture) | Support the transfer of default financial dimensions on the header of cost invoice | |
| Accounts payable | Adding purchase order’s requester and orderer as the invoice approver | Default off |
| Cash and bank management | Modern bank reconciliation | Feature management |
| Cash and bank management | Petty cash | Feature management |
| Cash and bank management | Customer and vendor netting | Feature management |
| Cash and bank management | Automatic clear bridged transactions through advanced bank reconciliation | Feature management |
| Cash and bank management | Exchange rate type enhancement for accounts payable and accounts receivable foreign currency revaluation | Feature management |
| Cash and bank management | Exchange rate type enhancement for bank foreign currency revaluation | Feature management |
| Tax | Universal tax rate API | Feature |
Note: Universal tax rate API Feature has been introduced, which will be enabled to use the Tax rate and calculations outside D365F&SC in complex scenarios.
Some or all of the functionality noted is available as part of a preview release. The content and the functionality are subject to change. For more information about preview releases, see Service update availability.
- Features turned on by default – This section is important because sometimes features are turned on by default and we are not aware. So, in case you are planning to apply this Update then this is what you can expect and if not required and not mandatory then turn off the feature.
| Feature name | Feature state | Module |
| Adjust posting date automatically during invoice posting | On by default | Accounts payable |
| Match the detail for vendor invoices | On by default | Accounts payable |
| Include manually created invoices in the invoice automation process | On by default | Accounts payable |
| (India) Disable matching invoice quantity with Bill of entry quantity | On by default | Accounts payable |
| Vendor balance list report enhancement to reflect posting profile changes | On by default | Accounts payable |
| Calculate GST based on invoice account | Mandatory | Tax |
| Performance improvements for VAT register transactions page | Mandatory | Tax |
| Tax settlement rounding based on the customized currency decimal places | Mandatory | Tax |
| Tax in transfer order | Mandatory | Tax |
| Enable delayed tax calculation on journal | On by default | Tax |
| Enable purchase duty calculation based on annual tariff | Mandatory | Tax |
| (Poland) Tax exempt number in sales tax transactions | Mandatory | Tax |
| Sales tax rate on invoice date in vendor invoice journals | Mandatory | Tax |
| Packing slip date as the delivery date for sales tax calculation (sales tax rate determination) | Mandatory | Tax |
- Bug Fixes
There are quite number of bug fixes done in this release: https://fix.lcs.dynamics.com/Issue/Details?bugId=886261
- Old feature worth mentioning – Financial Reporting Add Ins
The default availability of Financial Reporting through Microsoft Dynamics 365 Finance has changed! Financial Reporting, which came out in November 2023, is now available through an add-in. If you’re an existing customer, Microsoft provides the new Financial Reporting add-in in your Microsoft Dynamics Lifecycle Services environment. If you’re currently using the Financial Reporting module, there’s no impact on your environments or your organization’s ability to run financial reports.
Did you miss the update in February?
Important links
| Helpful links | Description |
| Release plan | View all capabilities included in the release. |
| Product updates | Stay up to date on latest product updates. |
| Release calendar | Know important release milestones. |
| Licensing | Improve your understanding of how to license Finance. |
| Product documentation | Find documentation for Finance. |
| User community | Engage with Finance experts and peers in the community. |
| Upcoming events | Find and register for in-person and online events. |
| Product trials | Get started with Finance. |
Discover more new release waves and updates for the following products:
- Dynamics 365 Finance continues its journey of autonomous finance, building intelligence, automation, and analytics around every business process to increase user productivity and business agility. This release focuses on enhancing business performance planning and analytics, adding AI-powered experiences, easing setup of financial dimension defaulting with AI rules guidance, increasing automation in bank reconciliation, netting, expanding country coverage, tax automation, and scalability.
- Dynamics 365 Supply Chain Management enhances business processes for increased insight and agility. Copilot skills improve user experiences, while demand planning transforms the forecast process, and warehouse processes are optimized for greater efficiency and accuracy.
- Dynamics 365 Project Operations is focused on enhancing usability, performance, and scalability in key areas such as project planning, invoicing, time entry, and core transaction processing. The spotlight is on core functionality improvements, including support for discounts and fees, enhanced resource reconciliation, journals, approvals, and contract management, with added mobile capabilities to handle larger projects and invoices at an increased scale.
- Finance and Operations cross-app capabilities continues to invest in capabilities that apply to all finance and operations apps, including Dynamics 365 Finance, Dynamics 365 Supply Chain Management, Dynamics 365 Commerce, and Dynamics 365 Project Operations, infusing Copilot experiences across applications, and bringing additional value and insights to finance and operations apps data.
- Dynamics 365 Human Resources will continue to improve recruiting experiences with functionality to integrate with external job portals and talent pools. We will continue to expand our HCM ecosystem to include additional payroll partners and build better-together experiences that span the gamut of what Microsoft can offer to improve employee experiences in corporations of any size and scale across the globe.
Have questions about the latest Dynamics 365 products and updates? Contact us and we’ll be happy to help!
