#msdyn365bc 2023 Release Wave 1 - Save time with automatic account codes.

Hi Readers,

In this series we are discussing what's new in Business Central 2023 (Wave 1) a.k.a BC22.

This article we will discuss about - Save time with automatic account codes.

With this series we will understand what's new the product and learn it. 

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#msdyn365bc #2023RW1

Business value: 

• People who work with documents can save time by using automatic account codes to allocate recurring transactions in a faster way.

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.

For other articles related to What's New in Business Central 22, refer here.

Hope you learn and will be able to utilize this feature as Business Central 22 is available.  

Regards,
Saurav Dhyani
www.sauravdhyani.com