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Dynamics 365 Business Central 2022 Wave 2: What's new?

Updated: Nov 4, 2022

Microsoft has released another wave of new features to Dynamics 365 Business Central based on the most popular requests for improvement. In the 2022 Wave 2 release, Microsoft has updated the application itself, along with several country and regional updates, governance and administration, improvement with the Power Platform and Microsoft 365 integration, reporting, user experience, and more.

We outlined the recent features of the application and you will find the complete list from Microsoft at the end of this article.

Better bank reconciliation for checks and improved reporting.

You can now match check entries from the bank based on information from the check ledger to give you higher degree of match confidence than only using information from the bank ledger. The matching rules are also made clearer and more rules are added to increase matching success rates.

When you add a G/L account to a bank posting group on the Bank Account card, you will get a warning if the G/L account allows direct posting. This lets you decide whether to leave direct posting turned on, such as if you need to manage an opening balance.

Direct Post Warning
Direct Post Warning (Source: Microsoft)

Extended text functionality for VAT clauses.

The extended text feature is implemented on VAT clauses, so that if a country requires a longer text, customers can enter the text as extended text. Users are also able to see the text printed in sales and purchase reports.

Financial reporting replaces account schedules.

In order to make it easier for new users to get started with Business Central, Microsoft renamed the account schedules capability Financial Reporting. They also separated the definition of a financial report from that of the definition of rows and columns, so that it's clearer that a financial report is a combination of row and column definitions plus additional parameters.

The link Financial Reporting will open a list of financial reports, and you can add user-defined reports to the list. The financial reports will have their own name, a row definition, a column definition, and additional parameters that will be set when you open the Financial Report page. In earlier versions, this page was called Overview.

Find posted and non-posted document lines in search.

Pages with document lines are often used for specific analysis. Now you can be more productive by finding them through the in-product search field and bookmark links to the documents on your home page for easy access to the original or a filtered view.

Watch how to use this feature in this on-demand demo.

Flexible sorting in the Planning Worksheet page.

The Planning Worksheet page is still slightly different than the Requisition Worksheet page because it can be used for multilevel production orders. By default, lines are sorted by the Item No field. To show lines of multilevel orders, sort by the Ref. Order No field to group different items from the same order. The MPS Order and Planning Level fields can help clarify the hierarchy of lines.

Planning Worksheet
Planning Worksheet (Source: Microsoft)

Make entry of variant codes required.

Avoid mistakes in data entry when dealing with items that have variants. With this release wave, admins can require that users specify the variant in documents and journals for items that have variants.

Post item charges for each step of the process.

Get more flexibility on how and when to register cost in the sales or purchasing process. To help you track costs and capture valuation, your inventory items must carry any added costs, such as freight, physical handling, insurance, and transportation that you incur when purchasing or selling the items. This release wave brings you more flexibility on how and when to post item charges.

Track items that are used in projects, including picks.

From the job planning lines, access the Item Tracking Lines page so you can define lot, serial numbers, or package details for the job planning line. This way, you speed up the actual consumption at later stages, and you unlock pick and planning scenarios.

New VAT Date field on documents and entries.

Users can report VAT statements and returns based on the new VAT Date instead of the Posting Date to meet requirements by certain countries.

Set up data exchange more easily.

Make it easier to exchange data in specific tables with data from external files. You can set up Business Central to exchange data in specific tables with data from external files, such as to send and receive electronic documents, or to import and export bank data or other data, such as payroll, currency exchange rates, and item catalogs. In this release wave, Microsoft improved this capability, adding new features and making it easier to work with different types of data.

Set up data exchange more easily
Set up data exchange more easily (Source: Microsoft)

Find the complete list of Microsoft's Dynamics 365 Business Central 2022 wave 2 feature releases here.

For questions or clarifications, please contact us here.

To get your new users trained on the latest enhancements of Business Central, please visit this page to learn how we can help.


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