Quarterly Capabilities Update – Q1 2024 | OnActuate

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 Financecontinues 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 Managementenhances 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 Operationsis 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 capabilitiescontinues 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 Resourceswill 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! 

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