This post is part of the New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1 series in which I am taking a look at the new functionality introduced in Microsoft Dynamics 365 Business Central 2023 Wave 1.
The twenty-fourth of the new functionality in the Application section is Save time with automatic account codes.
People in Sweden and Finland who work with documents can save time by using automatic account codes to allocate recurring transactions in a faster way.
Enabled for: Users, automatically
Public Preview: Mar 2023
General Availability: Apr 2023
Feature Details
You can use customized posting groups to automate recurring transactions in journals, sales documents, or purchase documents. These posting groups can be used throughout Business Central to trigger automatic postings and allocations across different accounts or dimensions. The following are examples of where to use automatic account codes:
- Automate postings related to payroll overhead. When you post total salary expenses at the end of the month, you can use automatic account codes to assign a percentage of the total salary to automatically post as overhead expenses.
- Trigger cost or revenue allocations across different dimensions. For example, you can set up an automatic account group to split total expenses across three departments when you post an invoice.
The automatic account codes feature is available as local functionality only for Sweden and Finland. Previously it was part of BaseApp, but now it is delocalized and is available as an app.
New Functionality In Microsoft Dynamics 365 Business Central 2023 Wave 1
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