Summary – What’s new in Business Central 2021 wave 1?

What’s new in Business Central 2021 wave 1? – Did you know that instead of allowing users to pick any dimension value, users can now pick from a predefined list of allowed dimension values?

The Wave 1 2021 brings the ability to correct dimensions on general ledger entries.

What does this mean for Business Central users?

This is an extremely useful update as the Microsoft update notes explain:

“When a data entry mistake happens, either in journal entries, document posting, or data added through APIs, it distorts the picture of the business you get from financial analyses. Often, the data is used only for financial reporting, and doesn’t necessarily need to be corrected on the source document.

On the General Ledger Entries page, the Correct Dimensions action lets you correct dimensions on posted entries by editing the dimension value, adding new dimensions, or removing them. Administrators can also lock dimensions for corrections, specify that corrections must respect closed accounting periods, and view a change log for a given G/L entry in order to revert the entry to its original value.“

The below video walks through these changes:

How do I get this?

For Business Central online you will get this update automatically during the Wave 1 2021 updates.

Further Information

If you have any questions about this or need assistance, then please contact the GCC Group Support Team on 0345 260 1151 or servicedesk@gccgroup.co.uk

Microsoft Dynamics 365 Business Central

Connect, collaborate, and grow your business with the power of Microsoft Dynamics 365 Business Central.

Dynamics 365 Business Central is a cloud-based, all-in-one ERP business management solution from Microsoft. 

Designed to integrate with the full Microsoft suite – such as Outlook, Excel, and Power Apps – Business Central can connect and automate your business from managing your accounts, stock, projects, manufacturing and sales.

Become a smarter, more agile, and better-informed business with Business Central – a solution which can evolve and grow as your business grows.

Speak to a member of the GCC team and find out more about Dynamics 365 Business Central.