Year-end close improvements
Some improvements to get a suitable year-end Closing process: 1. Voucher number entry In the whole system, voucher numbers are created from a number sequence. This is a pretty good way of doing it. Why do we need to enter in a number manually here? This seems a bit odd. 2. Transfer balance shee...
Currency conversion to accounting currency
The system should allow automated currency conversion in the General ledger in the following cases:
1. Profit and loss carried forward: In the year-end close, any foreign currency balances from the P&L are carried forward as foreign currency entries to the equi...
Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.
Sincerely,
Kristi Weekley
PM, Microsoft
Auto settle Penny difference when using ledger settlement functionality
When we use the ledger settlement functionality, it should be possible to configure an automatic account ledger that will post automatically the penny difference when we try to settle ledger account. This business process is very critical for our customers and it will be extremely helpful the ...
Possibility to reduce the amount of dimension values with another dimension
Hi,
Some customers has a need to restrict the values of financial dimension that user is able to choose on certain documents and forms.
We have for example dimensions called Level and DetailedLevel.
Dimensions are in hierarchical position so that Level ...
Allow option to open/close Posting Layers within an accounting period
With posting layers being used to track IFRS, Local Stat or GAAP adjustments, it would be extremely helpful if D365 Finance gave the option to open/close by posting layer within an accounting period. Scenario Close the Current Layer for a given accounting period so no additional postings can be ...
Thank you for the suggestion.
Improvement suggestion for Ledger Transaction List report
Path: GL > Inquiries and reports > Ledger reports > Ledger transation list Running the Ledger Transaction List report with a large amount of data leads to a timeout after 10 minutes and the report stops working. The generated file is too large for the SSRS framework to process. This require the ...
Thank you for the suggestion. We will consider it in our future planning.
Financial period close task do not format as a hyperlink if there is no link defined
If a task defined from Financial period close has no link associated, the request is not to format it as hyperlink. It is true that if the user clicks on such a task that has no path or URL associated, the message "There are no actions associated with this task." appears but the customer would pr...
Thank you for the feedback! We will consider this for future releases. Kristi, Microsoft PM
Default Financial Dimensions FIXED VALUE
The main accoun allows to put a default as financial dimensions. The possibility are 2: FIXED VALUE or NOT FIXED If I put default as FIXED VALUE the system override any entries in the voucher transaction with fixed financial dimension. It means that the user can fill a different financial dimensi...
Thank you for the feedback! We will consider this for future releases. Kristi, Microsoft PM
Dimension update/correction on posted transactions
It is common request from customers to have ability to change financial dimension combination on posted transactions/vouchers due to data entry errors. Account structure rules do not always cover all validation scenarios . Considering that financial dimension combination is reference to recID ...
Setting the financial dimension for application integration
In Financial dimension configuration for integrating applications, dimension format types are not company specific. The setup is a global setup. Customer have to upload data for several companies and it will get them a lot of time to change setup for each legal entity.
Thank you for the feedback. This will considered for a future release.
Kristi Slininger, PM
Administrator
Most of this product suggestion has been delivered, with parts of it not changing.
1 - There are no plans to change how the voucher number is assigned for the YEC. Customers like the flexibility, and often include things such as the fiscal year itself in the number. That isn't easy with the default number sequence and therefore we don't plan to change this functionality.
2 - The ability to define the level of detail for Balance sheet accounts has been delivered with the YEC microservice feature. This feature must first be installed through LCS, and then the feature must be enabled in Feature management. The feature is called "Optimize year-end close." This feature is GA for 10.0.31 but has been backported to .29 and .30 releases.
3 - Customers often use the dimension settings on the P&L accounts to define which dimensions, and at what detail, they want to track for the Retained earnings accounts. That will not be removed. Customers can choose to use it, or not by always keeping the dimension detail (which isn't always recommended). For the gain/losses, customers are again in control of this through the GL Foreign currency revaluation feature. Customers can choose to reverse the FCR right before the YEC so the gain/loss isn't transferred to RE. Again, that's flexibility to our customers to meet their requirements.