Dynamics 365 Finance 10.0.10 update overview. Part 1

Microsoft team always evolves D365 to ease the management of specific business functions by creating something new as well as fixing something old. This time, we will have a glance at the most recent update which was released in March 2020 and became generally available in April 2020. 

So what’s new or recently changed in 10.0.10 version? Let’s have a look.

Budget planning Optimization

Budget planning is a great tool to use when you want to:

  • Define expected revenue and expenditures for a budget cycle;
  • Plan, analyze and update the budget for multiple scenarios;
  • Automate budget plan rotation together with worksheets for reviewals and approvals;
  • Build a system of multiple budget plans, combining them into a single parent plan.

Each organization would say at once that it ends up consolidating a lot of budget plans into hierarchy of documents that make data flow crucial. So improvements related to processing performance is always a good thing to have. The feature aims to reduce the likelihood that queries will be blocked as well as boost performance when organization members hit “Publish” in Excel for existing data updates.

Date range for Posted transactions by journals report

Journal processing assist organizations in making workflow easier to ensure the correct data is captured and internal control is not compromised. 

What update has changed here is that posted transactions by journal reports since now require data range to be filled what eventually boosts its generation speed. Framing data range limits the amount of data to be processed – if not done, the amount of data can be huge leading to degradation system performance.

Vendor&Customer ID, Vendor&Customer Name Addon

This one is not major however still important and worth mentioning – the update adds columns to the voucher transaction list page improving readability to the information you need.

Vendor Invoice

It’s always better to spend 5 minutes “now” and prevent an error than spend 30 minutes later apologizing and resubmitting vendor invoices. 10.0.10 version made a step further – now, you won’t be able to submit vendor invoice to the workflow process if invoice total and registered invoice total do not add up.

In that case, the creator will receive an alert, letting him or her correct one before submitting. 5 minutes at scale can be hours – making alerts in the vendor invoice on mistakes is significantly valuable.

Bank Balance 

Interest distribution and escheatment processes are enhanced letting you update the banking portion of the Advanced ledger entry in a single step in the posting process. Also, the feature lets you update bank balances when posting advanced ledger entries that are associated with one or more banking main accounts.

To be continued…

We have covered five features of the list and there still some to look at. Check part 2 here to learn more!