As part of its Wave 1 2020 updates, Microsoft has announced a whole host of new and improved features for Dynamics 365 Business Central which will be released in April. In this blog article, we will take you through what we feel are the biggest and best of these new capabilities. You can view the full list of new features here.
Better migration tools for moving from Dynamics GP to Business Central online
Microsoft will provide more tools for those currently using Dynamics GP who are looking to make the move to Business Central online. These updates will be released throughout February up until April and will look to support migrations to Business Central online, mainly from all currently supported versions of Dynamics GP (we wrote a previous article on supported versions) as well as for Dynamics NAV and Business Central On-Prem if required.
To go into more detail about the additional GP migration tools these will be used to support more in depth migrations by moving the GP chart of account segments to the equivalent in Business Central, which is called Dimensions and then it will post transactions to those Dimensions.
Furthermore, other new types of data will incorporate customer data, ship-to address and order address. As well as this open receivables, transactions, open payable transactions, items and quantities (at the point of the migration) will all be included.
It is important to note that not everything will align directly within Business Central entities. Also, sales, purchasing and inventory historical data can be moved to Business Central and stored in extension tables which make it available for reports when required. The whole purpose of this approach is to ensure that you don’t have to keep running Dynamics GP to access the data. As well as the above, it is important to note that you will need to set up taxes again in your Business Central solution as there will be some disparity between the two systems.
Improvements to the Common Data Service experience
The experience for the Common Data Service will be improved which will allow users to connect to a Common Data Service environment seamlessly and associate a Business Central company with a Common Data Service business unit. This will make it easier for multiple companies to connect to a Common Data Service instance. As part of the setup process, the Common Data Service connection entities from the default Common Data Service database will be automatically linked together.
Geographic expansion
Microsoft is continuing to grow on a global scale and is working towards making Business Central a global product. With this in mind, Microsoft has stated that Dynamics 365 Business Central will now be readily available in 6 new countries: Columbia, Croatia, Hungary, Latvia, Peru and Slovenia.
Updates to the Bank Reconciliation feature
Microsoft has revealed that there will be more updates to the bank reconciliation feature. These include the Reconciliation page which will have more space for data and provides a better summary and a greater understanding of the bank statement and the related bank account ledger which can be reported using the new bank reconciliation report. Furthermore, you will find that there is a better explanation of the matching and application rules which make it easier to make use of the new transfer difference function.
Next Steps?
If you are a current Dynamics GP user and looking to evaluate whether or not you should move to a tailored Dynamics 365 Business Central solution with our quick start Business Central package, then please pick up the phone and discuss it with our Business Central experts who will be able to advise you on the best solution for your business.
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