Microsoft Dynamics 365 Business Central, previously called ‘Tenerife’ and is the new version of Microsoft Dynamics 365 for
Microsoft Dynamics NAV 2018
What you need to know about the launch of the new version
Microsoft Dynamics NAV 2018 was launched on December 1, 2017. This newest version of the popular ERP software is available both on-premise and in the cloud on Azure. Microsoft is also planning to offer a new cloud solution for business administration as an extension of Dynamics 365 Business Edition containing the full NAV.
In the meantime, NAV 2018 launched in two versions:
What’s New in Microsoft Dynamics NAV 2018
Microsoft Dynamics NAV is a complete enterprise resource planning (ERP) software solution for mid-sized organizations that is fast to implement, easy to configure, and simple to use. Simplicity has guided, and continues to guide, innovations in product design, development, implementation, and usability.
Advanced Algorithms Amalgamate AI
A totally new feature in Dynamics NAV 2018 include Microsoft’s cognitive services. These services use advanced algorithms which allow organizations to amalgamate artificial intelligence into the applications. Automatic facial, speech and language recognition can be employed in HR contexts and automate procedures. Product recognition places items in the correct categories by providing much more automatization in product management.
Extensibility with Extensions
Microsoft Dynamics NAV 2018 has a new, modern, state-of-the-art extensibility model which enables the extension and customization of the standard Dynamics NAV solution to further fulfill unique business needs.
Interaction with Microsoft Flow in Dynamics NAV 2018
Microsoft Dynamics NAV 2018 boasts a wealth of core improvements including the interaction with Microsoft Flow which will further improve finance procedures by speeding up approvals processes.
There are also numerous technical enhancements and features included:
You can now import payroll transaction files from Ceridian HR/Payroll in US and Ceridian Powerpay in CA by installing the Ceridian Payroll extension.
The Dynamics CRM Connection Setup guide now includes coupling of salespersons to CRM users as this is a prerequisite for any synchronization of data between Dynamics CRM and Financials.
The guide now allows you to run full synchronization when the CRM connection has been set up. The synchronization runs in the background so that the user can continue working.
Invoices, tax reports, checks and balance sheets – the Report Preview feature will display all kinds of reports directly in Dynamics NAV without having to download as a file. You can also print directly from the browser.
To empower developers and service providers to easily integrate with Microsoft Dynamics NAV, Microsoft is adding a REST API based on web services with easy-to-use authentication.
The entities in the API can be used on their own or in combination with extensions when there is a need to add user interface elements or business logic Microsoft Dynamics NAV. The first iteration of the API publishes common record types, including company information, customer, vendor, employee, item (product), sales order, sales invoice, account, and journal.
Also, there is now an option to support vendor synchronization when using Lexmark ICS. This will improve the vendor recognition rate in the Lexmark ICS and allow manual selection of vendors when performing visual training of new invoice layouts.
Vendor information including number, name, address, VAT registration, phone, and bank account data is transferred to Lexmark ICS when synchronizing.
Submission of EC Sales List with more than 9,999 lines
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NAVision is also called Microsoft Dynamics NAV. It is an ERP (Enterprise Resource Planning) solution developed by Microsoft, which is specifically