Business Central 2020 Wave 2 Preview – Testing some new features
Since the Wave2 2020 preview has been released and is public, I want to show you some features; the preview does not currently contain all the features of the final Wave2, others will be released later as scheduled.
For now, I report only a few, I leave you to discover the others.
Testing some released new features
#1 Environments List – Import\Export – Company HUB
For some organizations, users often have access to multiple companies, either in the same tenant or in another tenant environment, such as in another country (a sales subsidiary) or a completely different tenant (an accountant’s clients’ companies). Having an easy overview of these companies and an easy way of accessing them is key for these users to work efficiently. Business Central Company Hub gives you just that.
From this page it is possible to list all active instances (and test the connection), it is possible to import \ export instances to file.
#2 Retention Policy, Change Log
Administrators can define retention policies to specify how frequently they want Business Central to delete outdated data in tables that contain log entries and archived records. For example, cleaning up log entries can make it easier to work with the data that’s actually relevant. Policies can include all data in the tables that is past the expiration date, or they can add filter criteria that will include only certain expired data in the policy.
#3 Feature Management
Uptaking application features that change the user experience can be a disruptive process, and businesses often want to do that in their own pace. Administrators can now enable application features per company, and after users have been trained for the new experiences, thus avoiding disruption in daily business.
#4 Default unit cost for non-inventory\Service Items
Service items and non-inventory items have associated costs that directly impact profits from the sale of the item or the product that it is a component of. As circumstances change, so do these costs, which means it’s important to quickly react and use new costs on new sales, assembly, and production documents. To do that, you can specify the default values to use in new documents and journals, which reduces the need for manual updates.
#5 Export Consolidation file formats
It is not uncommon for Dynamics 365 Business Central to be used by subsidiaries that must then report financial statements for consolidation to a company that runs Dynamics 365 Finance or Dynamics 365 Supply Chain Management. In such business constellations, it’s a time saver when the data can be exported in the consolidation file format that Finance and Supply Chain Management expect so that you don’t have to transform the content.
#6 Use conversion templates to convert contacts to vendors and employees
When your prospect customer becomes a real customer, you can easily convert the prospect customer or contact to a customer. Often, your contacts represent your suppliers or your employees who you also want to convert to vendors or employees and thereby avoid duplicate data entry.