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Financial tags support added to more journals and documents

Important

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

Enabled for Public preview General availability
Users, automatically - Jul 31, 2024

Business value

Financial tags can be used to track up to 20 user-defined fields on accounting entries. Tags are considered an alternative to financial dimensions. They can be tracked on the accounting entries of transactions to help with analytical reporting or reconciliation, just like financial dimensions, but without the overhead of financial dimensions. Tags aren’t subject to rules and validation. They aren’t part of an account structure because they aren’t part of the ledger account. No validation is performed on the tag values either.

Feature details

Financial tags continue to be added to the remaining financial journals, such as Bill of exchange, Promissory notes, and Advanced ledger entry. Tags will also be introduced into the purchase order documents, free text invoice, some project accounting transactions (journals), and other transactions.

See also

Financial tags (docs)