Plan and prepare for Dynamics 365 Finance in 2024 release wave 1

Overview

Business agility is critical for organizations. They need the ability to differentiate their products and services from the competition and manage rapidly changing economic conditions. Our definition of autonomous finance is a system of intelligence, automation, and recommendations that financial professionals use to add human value where critical decisions are needed. Yet, the path to autonomous finance has barriers such as data silos, skills challenges, security, change management, complex processes, offline tools, and time-consuming financial close.

This release of Dynamics 365 Finance focuses on enhancements and AI-powered experiences for business performance planning, easier setup of financial dimension defaulting with AI rules guidance, increased automation in bank reconciliation and netting, expanded country coverage, tax automation, and scalability.

Updates to Dynamics 365 Finance 2024 release wave 1

Investment areas

Business performance
The business performance suite of capabilities brings together analytics, planning, and insights as an extensible solution on a single platform to continuously plan, act, and analyze your financial and operational data. Features in business performance showcase the enhancements around business performance planning and business performance analytics.

Copilot
Copilot gives users AI-powered assistance and helps resolve tasks more efficiently with fewer steps by guiding users through these tasks. It empowers users with data, ensures the best decisions, and takes actions. With these time savings, users can execute financial tasks faster and focus on more value-added activities.

Core financials
Our core financials investments focus on bringing extra enhancements to core financial capabilities. They enhance end-to-end business processes across ERP, increase automation, reporting, and analytics, and reduce financial close time.

Globalization Studio
To meet various tax compliance and local requirements (localizations), customers in over 210 countries and regions use our solution. We offer out-of-the-box localizations and continuous regulatory updates for multiple countries and regions, available in multiple languages. Our no-code/low-code Globalization Studio services automate complex tax scenarios, so partners and customers can easily extend localizations.

We're investing in expanding out-of-the-box country coverage, automating continuous regulatory updates, and reducing the manual efforts involved in managing taxes.

To follow our planned and released regulatory updates, see Search for country/region-specific regulatory updates.

For more information on Globalization Studio, see Globalization Studio documentation.

To learn more about the entire set of capabilities being delivered during this release wave, check out the release plan for Dynamics 365 Finance below:

For application administrators

User-impacting features to the user experience enabled automatically
User-impacting features should be reviewed by application administrators. This facilitates release change management and enables successful onboarding of new capabilities released to market. For the complete list, look for all features tagged "Users, automatically" in the release plan.

Features that must be enabled by application administrators
This release wave contains features that must be enabled or configured by administrators, makers, or business analysts to be available for their users. For the complete list, look for all features tagged "Users by admins, makers, or analysts" in the release plan.

Get the most out of Finance