Application

Important

This content is archived and is not being updated. For the latest documentation, go to What's new and planned for Dynamics 365 Business Central. For the latest release plans, go to Dynamics 365, Power Platform, and Cloud for Industry release plans.

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Application spans the functional capabilities of Business Central and contains the features that help customers manage their businesses. In 2023 release wave 1, we're continuing to modernize our financial and operations processes to give our customers more advanced features as they grow their businesses.

Accounting processes for multiple companies

In the financial management area, we're focusing on making it easier to manage accounting tasks for multiple companies in an intercompany setup. The Intercompany Postings feature has been improved to make it easier to set up, get a better overview, and make the intercompany transaction processes more seamless and flexible.

Accounting period-end processes and analysis

In addition to dimensions, you can add data for analytics using Statistical Accounts. Statistical accounts let you enter numerical data for general ledger (G/L) transactions that you can use for analyses.

When you manage the accounting for businesses that have a high volume of transactions, it's now easier to get an overview of progress in the period-end process. The G/L Settlement allows bookkeepers to apply general ledger entries during reconciliation tasks.

Inventory and warehouse scenarios

We're continuing to work on various aspects of our inventory features. We've improved the set-up and demo data that we provide, and made it simpler to configure inventory features. We have a better data migration story, and we're continuing to make processes seamless in different areas. For example, we're building out our warehouse and item tracking capabilities.

Continuous customer-requested improvements

This release also contains several features and feature enhancements that we implemented in response to some great ideas that our community has submitted on our aka.ms/bcideas page.