Financial tags are already part of some inquiry pages, such as the Voucher transactions page. This feature adds financial tags to the Accounting source explorer inquiry within Finance.

The feature also adds financial tags to the data model for Record to Report within Business performance analytics, so you can use them as dimensions for analysis.

Key improvements include the ability to identify the source asset and destination asset, select either spot or historical exchange rates for reporting currency, and preview fields that display asset values before and after the split in accounting and reporting currencies. Users can split assets by amount or percentage. A new Fixed asset split list page offers a detailed audit trail, and the feature supports split updates across legal entities.

The Fixed asset inter-company transfer feature lets you transfer assets between legal entities. Select the source asset and its book, and preview key financial details like acquisition cost, accumulated depreciation, and net book value (NBV). You can process the transfer as a disposal. Choose to create the destination asset automatically or select precreated assets. The feature copies asset data to the destination entity, lets you preview destination values, and automates posting acquisition in the destination asset and disposal transactions in the source asset.

The accounting source explorer page in Dynamics 365 Finance is a key tool for accounting personnel to view financial transactions. Currently, you can view data from only one company or legal entity at a time. To view data from multiple companies, you must switch between companies and reload the data in the accounting source explorer page.

With this update to the accounting source explorer, you can quickly and easily export transactional data for selected companies. By exporting data from multiple companies to Excel, the accounting team can perform deeper analysis across companies.

The key change for this feature is an improved export option. You can select the companies you want to export data from, along with other existing filter options in the accounting source explorer.

The first reconciliation automations focus on reconciling subledgers to the general ledger balances. Instead of using SSRS reports, a near-real-time process proactively notifies the finance team of any reconciliation issues. When the process recognizes an issue, each transaction provides many options for possible solutions. The solution might be changing a setting on the main account, such as don't allow manual entry, or it might be recognizing when a posting profile change causes a different balance sheet account to be used for reconciliation. The process maintains an audit trail when you identify issues and their solution.

The first public preview included the subledger-to-ledger reconciliation automation but didn't include recommendations by the Account reconciliation agent for how to address exceptions. We later added agent functionality for recommending the action to take to address the exception when amounts don't match for individual transactions. This public preview introduces agent functionality for recommending what action to take to address the exception for additional exception types, including "In ledger, not in subledger" and "In subledger, not in ledger" individual transactions.

The agent functionality also improves linking scenarios where many ledger transactions link to a subledger entry, many subledger entries link to a ledger entry, or multiple ledger entries link to multiple subledger entries. Copilot learns from past solutions and moves toward automatic resolution to any reconciliation issues (longer-term vision). An audit trail tracks actions taken by Copilot.

Accounting rules improve operational efficiency by providing these capabilities:

• A single setup page for creating and maintaining posting accounts to use for general ledger postings.
• Traceability of postings to maintain an audit trail for the posting rule used on a transaction.
• Versioning of posting rules.

This feature includes the following functionalities:

• Automated customer payment and remittance advice import, scanning, and mapping using AI processing in the integrated Power Platform environment.
• Matching remittance advice data with data in Dynamics 365 Finance.
• Seamless integration of remittance advice details into Dynamics 365 Finance customer payment journals and the settlement process.
• Reports that provide insights into payment and settlement statuses, outstanding invoices, and overall cash flow.

The existing capabilities for Accounts Payables and Accounts Receivables foreign currency revaluation are enhanced. You can now run the foreign currency revaluation process for multiple legal entities or a company hierarchy directly from a centralized location. This improvement eliminates the need to run revaluations separately for each legal entity, so enterprise organizations save time and get better overall efficiency.

This feature provides extra legal entity bank account lifecycle management capabilities in Dynamics 365 Finance:

• Approval workflow for bank account activation, modification, and deactivation.
• Configurable protected fields to set whether bank account modification requires approval.
• Approver can review proposed changes on the bank account.
• Bank account change history for auditing purposes.
• Additional signer primary data on the bank account.

The Preview automatic bank reconciliation matching results feature includes the following capabilities:

• Matching preview with an option to update bank reconciliation results.
• Ability to select matching rules for manual review before posting results during the reconciliation process.
• Pending review screen for users to investigate matching results.
• Option to review bank reconciliation matching exceptions.

The primary focus of this release is creating a new set of financial journals with the new journal framework. For this wave, we focus on the architecture of the new journal framework. We considered the strengths of the current journals while addressing the challenges finance users face. The first release of the new journal framework introduces a new general journal that supports the following features:

• Ledger account adjustments only (for phase 1).
• Significantly better performance for the end-to-end process of importing, validating, and posting vouchers and journals.
• Importing and manual entry of vouchers for multiple companies within a single journal. For example, you can create a journal and enter transactions for USMF and USSI without creating a new journal or signing in or out. This feature is limited to legal entities based on your security access.
• Move processing down to the voucher level. You can still initiate validation, approvals, and posting at the journal level, but processing happens at the voucher level.
• Introduce a 'Voucher type' that identifies the type of transaction you're entering. This type improves lifecycle control for each transaction type.
• Add new entities for both OData and DMF for the new general journal.

As we finalize the new journal framework, all financial journals continue to evolve as follows:

• Add support for more account types, like vendor, customer, assets, project, and bank, to the general journal.
• Evaluate all other journals to decide how to create new versions of those journals by using the new journal framework.
• Improve the reversal experience for all voucher types.
• Reevaluate existing functionality such as how to post accrual entries or how periodic journal and voucher templates work.
• Address data model issues to fix the One voucher issues.
• Evaluate adding new journals such as a bank transfer journal.

When you introduce new journals with the new journal framework, you communicate them with new release plan features.

This functionality enables both revenue and consumption accounts on the Deferrals page when you create a sales order through projects. The system updates the deferral schedule (COGS) to reflect the inventory adjustment, so it recognizes the correct amounts in subsequent periods. For example, when you create a project-driven sales order for a stocked item, the system records the revenue deferral and creates a consumption deferral for the stocked item. If you later adjust the stocked item's cost due to a cost update or physical inventory correction, the system recalculates and updates the deferred COGS schedule so it recognizes the correct cost over time. This functionality keeps both revenue and cost appropriately aligned and recognized in the correct accounting periods, even if inventory values change after the initial posting.

This feature meets the Denmark-specific requirements for OIOUBL format version 3.0. You can export invoices and credit notes that you create from sales orders, free text invoices, or project invoice proposals into XML format that complies with the updated Danish electronic invoicing standards.

OIOUBL 3 Invoice Package Postponed - Revised Schedule:

The Danish Business Authority expects to upgrade the OIOUBL 3 invoice package from Release Candidate to Final Release in mid-May 2025.

After that, it's expected to be voluntarily implemented until mid-November 2025, when Nemhandel makes support for OIOUBL 3 mandatory.

End-of-life for OIOUBL 2.1 is expected in mid-May 2026.

Microsoft released the Colombian electronic invoicing feature for last-mile integration with the Colombian Tax Authorities via the Certification Authorization Provider Edicom. For the electronic invoicing globalization feature for Colombia (outbound flow), you must use Dynamics 365 Finance version 10.0.40 or later.

The automated tax calculation feature uses the core tax master data in the legal entity through Tax Data Migration.

This feature simplifies migrating core tax master data to the advanced tax calculation engine by automatically creating necessary new records. The auto-created tax feature uses existing tax codes, sales tax groups, and item sales tax groups in the current legal entity.

This feature uses Application Object Server (AOS) resources to eliminate the need for external conversion services. Using these in-app capabilities ensures efficient and secure document processing to reduce dependency on tools outside of Finance while maintaining high performance and reliability. This enhancement supports a wide range of business scenarios that provide users with the flexibility to generate and distribute professional-grade PDF documents directly within the application.

When you enable the (Preview) In-App PDF conversion for Configurable Business Documents (CBD) feature, you get the following advantages of in-app PDF conversion:

• The produced PDF document isn't limited to 300 pages.
• The converted Word document can contain a large number of content controls.
• On-premises deployments don't require internet connectivity.

To meet the needs of global and local customers, we continue to extend the scope of supported countries. The solution includes out-of-the-box localization for the Republic of Türkiye. The following localization features are provisional and might change before general availability. Additionally, some of the following capabilities might not be available for preview.

• Exchange rate import from CBRT.
• Continuous serial numbers for invoices and packing slips.
• Currency conversion in purchase and sales orders.
• Exchange rate difference invoices.
• Electronic invoice generation.
• Cheque and promissory note enhancements.
• Pro-rata depreciation of fixed assets and depreciation rounding per year.
• E-Ledger generation.

Microsoft released layout changes to the Brazilian electronic invoicing functionality in accordance with Technical Notes 2024.001 and 2024.002. The new E-Invoicing NF-e and NFS-e layouts updated to comply with new taxes and classifications are as follows:

New Fields

The NF-e XML schema updated to include new fields for CBS, IBS, and IS. This update includes:

• Fields to capture tax bases, rates, amounts, deferrals, exemptions, and presumed credits for each tax.
• Specific fields for federal (UF) and municipal IBS rates.
• Fields for selective tax amounts, especially targeting items harmful to health or the environment.

Group UB

A new data group in the NF-e, called UB, handles details for CBS, IBS, and IS. This group includes fields for:

• Calculation bases, rates, and tax values.
• Information about exemptions, deferrals, and reductions.

Totalization Fields

When you update the totalization section of the NF-e, the system correctly sums up CBS, IBS, and IS values.

This feature complies with the Singapore-specific requirements for electronic invoicing. The requirements are enforced according to the following schedule:

• From November 1, 2025, for newly incorporated companies that register for GST voluntarily.
• From April 1, 2026, for all new voluntary GST-registrants.

You can communicate invoices and credit notes created from sales orders, free text invoices, or project invoices in the Singapore extension of PEPPOL International Invoice (PINT) format to the "InvoiceNow" infrastructure via an Accredited Service Provider acting as the "last mile" third-party connector.

The Brazilian 2026 Tax Reform introduces important updates that ensure compliance and optimize tax processes.

Key features include:

• Introduction of new parameters: CST and cClassTrib.
• Support for new tax codes: CBS and IBS.
• Creation of new tax determination rules.
• Application of updated tax calculation and posting logic.
• Updates to CNPJ for enhanced compliance.

This feature is a generic, extensible connector for submitting previously generated electronic invoices and processing the response. ISVs and customers can modify the connector to enable the following benefits:

• ISVs can develop ISV-supported integrations.
• Customers can develop their own integrations for ISVs or localizations that Microsoft doesn't support.

For ISVs, these third parties can easily develop connectors to provide to customers. Our customers can choose providers that Microsoft doesn't officially support. This capability removes the existing limitation of having to choose a Microsoft-supported provider that you don't want to partner with.

For customers, this capability enables them to develop their own connectors for direct integration with countries Microsoft doesn't support or for ISVs that Microsoft doesn't support and that don't provide their own integrations. Customers can also modify the behavior of existing connectors to give them more flexibility on the service side.

The following capabilities are planned for JPK_KR_PD reporting:

• Adding an option to define main accounts markers (S_12) by using Financial Dimensions and report the trial balance (ZOiS) section based on a dedicated dimension set that includes the main account and the markers.
• Adding an option to report the journal entry number (D_1) by using Journalizing journals.
• Adding an option to report the date of the economic transaction (D_6) for vendor invoices by using the Date of Vendor VAT Register field.
• Adding the report Settlement of income tax section (RPD).
• Adding Microsoft Excel format to preview the data.

Poland is introducing legislation to establish the continuous transaction control (CTC) system. The Polish CTC system, called Krajowy System of e-Faktur (KSeF), was made available for all taxpayers in 2022 for voluntary adoption.

To comply with these legal requirements, the following functionality is implemented and available as public preview: Electronic invoicing for Poland.

• Generation of XML files for Sales, Project, and Advance electronic invoices in the legally required format provided by KSeF.
• Automatic submission of generated electronic invoices to KSeF.
• Import of incoming vendor electronic invoices issued and available for recipients on the KSeF platform.

The Polish Ministry of Finance confirms that the KSeF e-invoicing mandate is scheduled as:

• February 1, 2026 - for large taxpayers (over PLN 200 million per annum).
• April 1, 2026 - for all taxpayers.

In May 2025, the Polish authorities also published the following updated timeline for releasing the KSeF 2.0 technical specifications and testing availability:

• June 2025: Publish detailed KSeF 2.0 specifications, including version 3 of the structured invoice schema and new API documentation.
• September 30, 2025: Make testing of the new KSeF 2.0 API available.
• November 2025: Release a test version of the KSeF 2.0 Taxpayer Application.

We continue to extend the scope of the supported countries in LATAM to address the needs of multiple global and local customers. Out-of-the box localization for Argentina is available. The country localization indicated below is provisional and may change prior general availability. Additionally, not all of the following capabilities might be available for preview.

Country-specific features for Argentina

• Invoicing

  • Electronic Invoicing
    • Electronic Invoice format
  • Other invoicing
    • Invoice layout for sales order invoice, free text invoice, and project invoice

• Reporting

  • General ledger and tax reports
    • Declaration Reports National Government (RG 3685 Sales)
    • Declaration Reports National Government (Digital VAT Purchases imports)
    • Declaration Reports National Government (Digital VAT Purchases)
    • Declaration Reports National Government (Digital VAT Sales voided documents)

• Declaration Reports National Government (Digital VAT Sales)

  • Declaration Reports National Government (SICORE)
  • Declaration Reports National Government (SIFERE Customs Perceptions)
  • Declaration Reports National Government (SIFERE Perceptions)
  • Declaration Reports National Government (SIFERE Withholdings)
  • Declaration Reports National Government (SIFERE Withholdings)
  • Declaration Reports National Government (SIRCAR Withholdings Cordoba and Misiones)
  • Declaration Reports National Government (SIRCAR Withholdings)
  • Declaration Reports National Government (SIRE SUSS Withholdings)
  • Declaration Reports State Government (ARBA perceptions Buenos Aires)
  • Declaration Reports State Government (ARBA Withholdings Buenos Aires)
  • Declaration Reports State Government (EARCIBA Credit Notes)
  • Declaration Reports State Government (SIAGER Withholdings Entre Rios)

• Declaration Reports State Government (SIAGER Withholdings Entre Rios)

  • Declaration Reports State Government (SIAPRE Bank Withholdings Tucuman)
  • Declaration Reports State Government (SIAPRE Bank Withholdings Tucuman)
  • Declaration Reports State Government (SIAPRE Perceptions Tucuman)
  • Declaration Reports State Government (SIAPRE Withholdings Tucuman)
  • Declaration Reports State Government (SIRETPER Credit Notes Tucuman)
  • Declaration Reports State Government (SIRETPER Details Tucuman)
  • Declaration Reports State Government (SIRETPER Perceptions Withholdings Tucuman)
  • File export State Government (ARBA Perceptions CABA)
  • File export National Government (Digital VAT Purchase Imports)
  • File export National Government (Digital VAT Sales Documents)

• File export National Government (Digital VAT Sales Tax Values)

• File export National Government (Digital VAT Sales Voided Documents)

• File export National Government (RG 3685 Purchase Documents)

• File export National Government (RG 3685 Purchase Imports)

• File export National Government (RG 3685 Purchase Tax Values)

• File export National Government (RG 3685 Sales Documents)

• File export National Government (RG 3685 Sales Tax Values)

• File export National Government (SICORE)

• File export National Government (SIFERE Bank Withholdings)

• File export National Government (SIFERE Customs Perceptions)

• File export National Government (SIFERE Perceptions)

• File export National Government (SIFERE Withholdings)

• File export National Government (SIRE SUSS Withholdings)

• File export State Government (ARBA Perceptions Buenos Aires)

  • File export State Government (ARBA Withholdings Buenos Aires)
  • File export State Government (SIAGER Perceptions Entre Rios)
  • File export State Government (SIAGER Withholdings Entre Rios)
  • File export State Government (SIAPRE Bank Withholdings Tucuman)
  • File export State Government (SIAPRE Customs Perceptions Tucuman)
  • File export State Government (SIAPRE Withholdings Tucuman)
  • File export State Government (SIAPRE Withholdings Tucuman)
  • File export State Government (SIRETPER Details Tucuman)
  • File export State Government (SIRETPER Perceptions Withholdings Tucuman)

• Tax

  • Sales and withholding tax
    • Customer Perception taxes

• Import register for withholdings and perceptions * Reduction and Exclusion of Sales Tax values / Sales tax calculation process

  • Fiscal document
    • Vendor Tax and Legal Attributes

This feature complies with the UAE-specific requirements for electronic invoicing in business-to-business and business-to-government communications starting July 1, 2026.

Following the Decentralized Continuous Transaction Control and Exchange (DCTCE / 5 corner) model, you can send invoices and credit notes that you create from sales orders, free text invoices, or project invoices generated in the PEPPOL International (PINT) XML format using the PEPPOL Delivery Network via an Accredited Service Provider acting as the "last mile" third-party connector.