Plan and prepare for Dynamics 365 Finance in 2024 release wave 1
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.
Important
The 2024 release wave 1 plan covers all new functionalities planned to be delivered to market from April 2024 to September 2024. In this article, you'll find the product overview and what's new and planned for Dynamics 365 Finance.
Overview
Business agility is critical for organizations. They need the ability to differentiate their products and services from competition, and to manage rapidly changing economic conditions. Our definition of autonomous finance is a system of intelligence, automation, and recommendations that allow financial professionals to add the human value where critical decisions are needed. Yet the path to autonomous finance is riddled with barriers such as data silos, skills challenges, security, change management, complex processes, offline tools, and time-consuming financial close.
This release of Dynamics 365 Finance focuses on continuing to add enhancements and AI-powered experiences to business performance planning, easing setup of financial dimension defaulting with AI rules guidance, increasing automation in bank reconciliation, netting, expanding country coverage, tax automation, and scalability.
Updates to Dynamics 365 Finance 2024 release wave 1
Investment areas
Business performance
The business performance suite of capabilities brings together analytics, planning, and insights as an extensible solution on a single platform to continuously plan, act, and analyze your financial and operational data. Features in business performance showcase our enhancements around business performance planning and business performance analytics.
Copilot
Copilot provides users with AI-powered assistance and helps resolve tasks more efficiently with less steps by guiding users through these tasks, empowering users with data, ensuring best decisions, and taking actions. These time savings enable faster execution of financial tasks and for users to spend time on more value-added activities.
Core financials
Our core financials investments focus on bringing additional enhancements to core financial capabilities, enhancing end-to-end business processes across ERP, increasing automation, reporting and analytics, and reducing financial close time.
Globalization Studio
Our solution is used by customers in over 210 countries and regions to meet various tax compliance and local requirements (localizations). We offer out-of-the-box localizations and continuous regulatory updates for multiple countries and regions, available in multiple languages. Our no-code/low-code Globalization Studio services automate complex tax scenarios, enabling partners and customers to easily extend localizations.
We are investing in expanding out-of-the-box country coverage, automating continuous regulatory updates, and reducing the manual efforts involved in managing taxes.
To follow our planned and released regulatory updates, visit Search for country-specific regulatory updates.
For more information on Globalization Studio, visit Globalization Studio documentation.
To learn more about the entire set of capabilities being delivered during this release wave, check out the release plan for Dynamics 365 Finance below:
For application administrators
User-impacting features to the user experience enabled automatically
User-impacting features should be reviewed by application administrators. This facilitates release change management and enables successful onboarding of new capabilities released to market. For the complete list, look for all features tagged "Users, automatically" in the release plan.
Features that must be enabled by application administrators
This release wave contains features that must be enabled or configured by administrators, makers, or business analysts to be available for their users. For the complete list, look for all features tagged "Users by admins, makers, or analysts" in the release plan.
Get the most out of Finance
| Helpful links | Description |
|---|---|
| Release plan | View all capabilities included in the release. |
| 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. |