Dynamics 365 Business Central Features Released in 2023 Wave 1

Every year, Microsoft delivers new wave features for Dynamics 365 Business Central. These Dynamics 365 Business Central Features are intended to provide new capabilities, additions, and improvements to the platform to improve the overall user experience and add value to organizations that employ Dynamics 365 Business Central.

The first 2023 edition of Microsoft’s Business Central system was made available in April, offering Business Central subscribers a bevy of intriguing new capabilities. Let’s explore some of the New features of Dynamics 365 Business Central in the initial 2023 release.

Dynamics 365 Business Central 2023 Release Wave 1 Features

1. Table Fields Unlocked for Users

The ability for users to add table fields to pages without relying on extensions or developer assistance is one of the widely anticipated Dynamics 365 Business Central Features in the April 2023 version of Business Central. This upgrade simplifies the customizing process by allowing customers to quickly add out-of-the-box or custom fields on the go, fulfilling a long-standing user request.

2. Exchange Rate Adjustment Preview for Multi-Currency

In the latest update, Business Central introduces the ability to preview the impact of changing exchange rates on the posting. This enhances flexibility and transparency with multi-currency operations. The preview functionality extends to various documents, such as item journals, warehouse entries, shipments, outputs, recurring consumption, and capital journals, allowing teams to verify the information before posting to the GL.

3. Alterations for Default Posting Groups

Dynamics GP users will notice a familiar feature in the latest update of Business Central, as it now allows users to choose different ledger accounts for payables and receivables. With the new substitution capability, users can replace default customer or vendor posting groups according to their preferences. This feature enhances flexibility in managing financial transactions.

 

4. Intercompany Posting to Improve Visibility

In the latest release of Business Central, users can now efficiently manage accounting activities for groups of companies, not just individual ones. The new Intercompany Setup page consolidates all inter-company features, allowing users to conveniently set up parameters, handle transactions, and perform other related tasks. This streamlined approach enhances the management of inter-company operations.

5. Enhancements for Dimensions

The recent Business Central version includes the fully realized Default Dimension on Location feature, which combines features suggested on Microsoft’s Application Ideas website. Users can now set default dimensions based on location and access specific details, such as Item Journals and Production Journals. Additionally, default dimension options are available for inventory documents and journal dimensions.

6. Analysis Mode

One of the most significant user interface changes introduced by Microsoft in this release is the Analysis Mode feature. It revolutionizes how users interact with data on list pages by offering a more intuitive and dynamic approach. By enabling the Analyze switch, users can add multiple tabs representing different data views and perform tasks such as grouping and pivot mode analysis. This powerful new feature of Dynamics 365 Business Central enhances data exploration and visualization in Business Central.

7. Non-Inventory Items Featured in Warehouse Sales Documents

In response to popular demand, a new feature has been added to Business Central that enables users to ship and receive non-inventory items together with physical goods, eliminating the need for separate handling. Now, non-inventory items like delivery charges can be directly associated with a warehouse sales document, allowing for comprehensive tracking of all aspects of a shipment. This enhancement streamlines the process and provides better visibility for the team.

 

8. Enhancements to Business Central Cards in Teams

Microsoft has enhanced the functionality of Business Central records within Microsoft Teams, providing a seamless experience for users. With the latest update, cards no longer require additional user sign-ins on both platforms. Furthermore, the sizing and layout of cards have been optimized to maximize space utilization. These improvements make it easier for Microsoft shops to access and interact with Business Central records directly within Teams.

Sharing Contact card via Teams in Business Central:

Received and view customer card directly from Teams:

9. Return and Refund Synchronization with Shopify

The integration between Business Central and Shopify becomes even more robust with the April 2023 release. One notable enhancement is the automatic import of refunds and returns recorded in Shopify into Business Central during order synchronization. This integration streamlines the process of managing refunds and returns, providing a more efficient and unified experience for businesses utilizing both Business Central and Shopify.

Business Central’s new features revolutionize the platform by offering enhanced functionality, improved integration, and streamlined processes, empowering businesses with the tools they need to thrive.

Unlock Your Business Potential with Dynamics 365 Business Central Experts

R Systems is proud to offer exceptional services for Dynamics 365 Business Central. With our expertise and commitment, we provide comprehensive support and guidance to help businesses leverage the latest Dynamics 365 Business Central Features and maximize the potential of this powerful platform. Whether it’s implementation, customization, training, or ongoing support, we are dedicated to helping our clients successfully navigate their Dynamics 365 Business Central journey and achieve their business goals. Partner with us to unlock the full potential of Dynamics 365 Business Central for your organization’s success.