What's new or changed in Dynamics 365 Finance 10.0.39 (April 2024)
Important
Some or all of the functionality noted in this article 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.
This article lists features that are new or changed for Microsoft Dynamics 365 Finance version 10.0.39. This version has a build number of 10.0.1860.32 and is available on the following schedule:
- Preview of release: January 2024
- General availability of release (self-update): March 2024
- General availability of release (auto-update): April 2024
Features included in this release
The following table lists the features that are included in this release. We might update this article to include features that made it into the build after this article was initially published.
| Feature area | Feature | More information | Enabled by |
|---|---|---|---|
| Additional languages available | Six additional languages are available | Six new languages are available for user selection in the preferred language list: Spanish (Bolivia), Spanish (Dominican Republic), Spanish (Ecuador), Spanish (Guatemala), Spanish (Peru), Spanish (Venezuela). To select this option, go to User options > Preferences > Language and country/region preference. | Localized preference |
| Accounts payable | New vendor invoice center | This feature introduces a new workspace that replaces the current Vendor invoice automation workspace. The new workspace provides an intuitive view of the invoices in the different stages of vendor invoice processing. Detailed drill-down lists and Copilot integration for exception handling will be introduced in upcoming releases. | Default off |
| Accounts payable (Invoice capture) | Document type settings for transferred invoice document from Invoice capture | This feature lets customers decide which document type to apply to documents that are transferred from Invoice capture. The document type can be set across legal entities. | |
| Accounts payable (Invoice capture) | Support the transfer of default financial dimensions on the header of cost invoice | This feature copies the default financial dimensions (Business unit, Cost center, and Department) that are transferred from Invoice capture and appear on the header of cost invoices. This feature streamlines the invoice process and redirects the invoices to the correct person for approval. No additional extension in Dynamics 365 Finance is required. | |
| Accounts payable | Adding purchase order's requester and orderer as the invoice approver | In typical purchase order invoice processing, if there's a discrepancy between the invoice and postings, the purchase order requester or the orderer must be added to approve the invoice after the purchase order is corrected in the workflow. This feature provides an additional type of participant in vendor invoice workflow: Vendor invoice PO approver. It also adds two participants: Purchase order - requester and Purchase order - orderer. | Default off |
| Cash and bank management | Modern bank reconciliation | This feature improves the usability and performance of advanced bank reconciliation. It also provides feature enhancements. Several new capabilities are available on the bank reconciliation worksheet, including the capability to clear reversal company transactions, generate vouchers, generate payment journals, and settle open customer invoices. Bank reconciliation matching rules are enhanced to automatically run these capabilities through user-defined criteria. This feature is a preview feature and is available in sandbox environments in Dynamics 365 Finance version 10.0.39. | Feature management |
| Cash and bank management | Petty cash | Petty cash is now a global feature for all countries/regions in Dynamics 365 Finance version 10.0.39. You can use the petty cash functionality to automate operations for receipts and expenditures of cash, the creation of primary documents, and the printing of related reports. | Feature management |
| Cash and bank management | Customer and vendor netting | This feature enables netting capability between open customer balances and open vendor balances. Customer and vendor payment journals are no longer created to settle open vendor and customer transactions. Instead, netting journals are created. This feature is a preview feature and is available in production environments in Dynamics 365 Finance version 10.0.39. | Feature management |
| Cash and bank management | Automatic clear bridged transactions through advanced bank reconciliation | This feature automatically clears bridged payment transactions through bank reconciliation. The transactions no longer have to be manually cleared in the general ledger. Users can set up a bridging account per bank account. This feature is a preview feature and is available in production environments in Dynamics 365 Finance version 10.0.39. | Feature management |
| Cash and bank management | Exchange rate type enhancement for accounts payable and accounts receivable foreign currency revaluation | This feature provides additional exchange rate type options for accounts payable and accounts receivable foreign currency revaluation. Users can define an accounting currency exchange rate type and a reporting currency exchange rate type per legal entity, or per customer and vendor group. In this way, they can override the default type in the ledger setup when they run foreign currency revaluation. | Feature management |
| Cash and bank management | Exchange rate type enhancement for bank foreign currency revaluation | This feature provides additional exchange rate type options for bank foreign currency revaluation. Users can define an accounting currency exchange rate type and a reporting currency exchange rate type per legal entity or bank account. In this way, they can override the default type in the ledger setup when they run foreign currency revaluation. | Feature management |
| General ledger | General ledger snapshots | A new button for Trial balance snapshots is added to the Trial balance list page. A trial balance snapshot calculates the balances of the selected financial dimensions. These balances can be exported to Excel by using an Open Data Protocol (OData) entity. Each trial balance snapshot has an external tracking ID used to make the snapshot available to external systems for reporting purposes. | On by default |
| Tax | Universal tax rate API | The connection to an external tax solution provider helps simplify and reduce the effort of maintaining the tax rates and tax applicability rules for Tax calculation. This benefit is especially critical when you implement Tax calculation for countries/regions where a significant number of tax jurisdictions must be covered. The Universal Tax Rate API is a set of standard application programming interfaces that Microsoft has defined in Tax calculation, based on the taxable document data model. It's an extended feature of Tax calculation that enables external tax services to be connected under the same framework. | Feature management |
| System administration | Archive with Dataverse long term retention | This feature lets you archive data for select high volume areas of the product. The data archive is performed by a micro-service and a connection to Dataverse. You must first install the service from the Power platform admin center (PPAC). | Feature management |
| Accounts receivable | Customer page summary | This feature shows an AI-generated summary of customer data, based on customer invoices, customer payments, sales orders, sales agreements, rebates, overdue invoices, delayed order lines, and so on. By showing transaction status and insights, it helps users make faster decisions. | Feature management |
Feature enhancements included in this release
The following table lists the feature enhancements that are included in this release. Each of these enhancements provides an incremental improvement to an existing feature. Because they are only enhancements, they aren't listed in the release plan.
| Feature area | Feature name | More information |
|---|---|---|
| Cash and bank management | Customer and vendor netting | Automatic netting is available. Users can configure netting rules, run batch jobs, or run process automation to automatically net open balances under the selected netting agreements and additional criteria. |
| Cash and bank management | Customer and vendor netting | Two data entities, Netting agreement and Netting agreement pair, are available to import netting agreements. |
| Cash and bank management | Customer and vendor netting | Conditional tax is supported in customer and vendor netting. |
| Cash and bank management | Payment reversals | Check reversal isn't allowed if the original check is marked as cleared. |
| Cash and bank management | Bank statements | The performance of BAI2 format bank statement import is improved. |
| Cash and bank management | Bank reconciliation | Financial tags are supported in advanced bank reconciliation. |
| Credit and collections | Credit and collections workspace (preview) | A new Collections coordinator overview page has been added to the workspace. This new page is enabled by the same feature in Feature management. The new overview page shows activities that are assigned to the collections agent (coordinator). It includes separate lists for the customers that have the highest balance and the aging balance report that has the oldest balances. Select the customer name in any list to go to the existing Collections coordinator workspace detail page, which has an updated layout. |
| Credit and collections | Collections process automation | Track step in collections process automation is a new option on the Setup collection process automation parameters page. Set this parameter to Yes to track the last completed step in the collections process automation details. In this way, you can ensure that every invoice goes through all process automation steps and sends all collection letters in the sequence, regardless of when the invoice starts the process. For example, if a customer disputes an invoice, and the dispute is resolved on a later date, the collections process automation starts at the first step and sends the first collection letter. For more information, see Collections process automation. |
| Tax | Prepayment handling | Tax calculation supports the Prepayment handling page when the journal business process is enabled on the Tax calculation parameters page. |
| Regulatory reporting | Italian Sales tax payment report and sales tax books | A new Electronic reporting (ER) design is introduced for the Italian Sales tax payment report and sales tax books. This new design supports reporting for multiple value-added tax (VAT) registrations. |
Features turned on by default in this release
The following table lists the features that are turned on by default in version 10.0.39. Most features that have been turned on atomically can be turned off in Feature management. In the future, some features that have been turned on automatically might be removed from Feature management and will become mandatory. This change ensures that customers are using current functionality, so that as enhancements are added, they can build on the current functionality. Features will never be automatically enabled in less than one year, unless they are determined to be essential.
| 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 |
Features removed from Feature management
The following table lists the features that have been removed from Feature management in version 10.0.39.
| Feature name | Feature state | Module |
|---|---|---|
| Improve the performance of purchase update history cleanup for vendor invoices | The related functionality is enabled out of the box. | Accounts payable |
| Block posting and submission of vendor invoices to workflow | The related functionality is enabled out of the box. | Accounts payable |
| Generate invoice lines when you import vendor invoices | The related functionality is enabled out of the box. | Accounts payable |
| (Brazil) Configure the delta tax rate in ICMS-DIF tax code for the dual base case | The related functionality is enabled out of the box. | Tax |
| (Brazil) Dual base calculation for ICMS-DIFAL for IPI cases | The related functionality is enabled out of the box. | Tax |
| Conditional tax settlement for Ledger accruals | The related functionality is enabled out of the box. | Tax |
| (India) Enable posted withholding transaction page for TDS/TCS | The related functionality is enabled out of the box. | Tax |
| Activate setoff hierarchy profile in batch | The related functionality is enabled out of the box. | Tax |
| Extend sales tax payment report data volume over 2GB | The related functionality is enabled out of the box. | Tax |
| Generate the sales tax payment by code report in the sales tax code currency | The related functionality is enabled out of the box. | Tax |
| Tax setup validation | The related functionality is enabled out of the box. | Tax |
| Calculate origin amount for sales tax specification by ledger transaction report | The related functionality is enabled out of the box. | Tax |
| Generation of GST transaction ID at export invoice posting | The related functionality is enabled out of the box. | Tax |
| Keep GST tax document for confirmation journal | The related functionality is enabled out of the box. | Tax |
| Withholding tax payment against vendor account | The related functionality is enabled out of the box. | Tax |
| (India) Enable withholding tax adjustment option on posting sales invoice page | The related functionality is enabled out of the box. | Tax |
| (India) Enable Credit/Debit note against export Invoice | The related functionality is enabled out of the box. | Tax |
| Enable displaying a sign of the amount in the Balance column of the Sales tax general journal reconciliation report | The related functionality is enabled out of the box. | Tax |
| (India) Enable changing tax rate type in purchase invoice | The related functionality is enabled out of the box. | Tax |
| Enable multi batch processing for GSTR report | The related functionality is enabled out of the box. | Tax |
| (India) Charge allocation on Bill of Entry (BOE) page for Import orders | The related functionality is enabled out of the box. | Tax |
| Tax exempt number search function enhancements | The related functionality is enabled out of the box. | Tax |
| Support multiple VAT registration numbers | The related functionality is enabled out of the box. | Tax |
Additional resources
Platform updates for finance and operations apps
Dynamics 365 Finance version 10.0.39 includes platform updates. To learn more, see Platform updates for version 10.0.39 of finance and operations apps.
Bug fixes
For information about the bug fixes included in this update, sign in to Microsoft Dynamics Lifecycle Services and view the KB article.
Regulatory updates
For information about regulatory updates for finance and operations apps, see Regulatory updates. Another way to learn about regulatory updates is to sign in to Lifecycle Services and view the planned regulatory updates using the issue search tool. Issue search lets you search by country/region, type of feature, and release.
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Removed and deprecated features
The Removed or deprecated features in Dynamics 365 Finance article describes features that have been removed or deprecated for Dynamics 365 Finance.
- A removed feature is no longer available in the product.
- A deprecated feature is not in active development and may be removed in a future update.
Before any feature is removed from the product, the deprecation notice will be announced in the Removed or deprecated features in Dynamics 365 Finance article 12 months prior to the removal.