Introduction
The DXC Finance Utilities module provides enhanced functionalities to Microsoft Dynamics 365 for the following:
- Agent
- DXC Agent for Finance (licensed separately) automates the bank reconciliation process by intelligently matching transactions and creating new reconciliation entries without relying on traditional Reconciliation matching rules. See link for more details.
- Cash and bank management
- Bank statement import formatting
- Advanced bank reconciliation, including:
- Extended matching functionality, including improved handling of Marked and Matched transactions
- Additional capability when using ‘Mark as new’ facility
- Ability to reconcile a small balance correction adjustment
- Ability to prevent reconciliation of unmatched statements
- Periodic task to automatically import bank statements from FTP/FTPS, SFTP or Azure blob. Decryption option included.
- Modern bank reconciliation:
- Offset company - Ability to post the offset to intercompany ledger, bank, vendor or customer.
- Offset type bank - Modern bank reconciliation doesn’t include an option for offset type Bank which is used for bank transfers. In Finance utilities we support this option under ‘Generate voucher’.
- Offset type customer:
- Ability to use ‘Customer reference’ to find the Customer account.
- Field format - enhanced option in Reconciliation matching rule for using part of a bank statement field to find the invoice / customer.
- One customer payment journal for all matched bank statement lines (only ‘Generate customer payment’).
- Posting options (only ‘Generate customer payment’).
- Correction amounts - Ability to enter correction amounts at time of matching Bank statement transactions to Bank transactions.
- Accounts payable
- Sundry vendor payment management
- BPAY vendor payment
- Formatted Vendor Payment Advice
- ABN lookup and validation (Australia only)
- IRD number validation (New Zealand only)
- Vendor bank account format validation
- Save GER to secure location, for example FTP/FTPS, SFTP or Azure blob. Encryption option included
- Self billing invoicing / Recipient-Created Tax Invoice (RCTI)
- Accounts receivable
- Customer bank account changes workflow
- ABN lookup and validation (Australia only)
- IRD number validation (New Zealand only)
- Customer bank account format validation
- Customer references
- Option to use Customer’s payment terms for Due date on Interest notes
- Import customer remittance files
- Budgeting
- Budget import with separate column for each period
Demonstration
Watch DXC Technology’s short demonstration on Finance Utilities here
Agent
Duration: 2 minutes
A brief overview of DXC Agent for Finance’s Bank reconciliation functionality
Modern bank reconciliation - Overview
Duration: 7.5 minutes
A brief overview of the key enhancements Finance Utilities introduces to Modern Bank Reconciliation
Watch recording
Accounts Payable
Duration: 13.25 minutes
Demonstration for various Accounts Payable functionalities using Finance Utilities in D365 Finance and Operations.
Watch recording
Self billing / Recipient-created tax invoices (RCTI)
Duration: 11 minutes
Demonstration for automatically creating Recipient-created tax invoices for Purchase order’s Product receipts using Finance Utilities in D365 Finance and Operations.
The invoices can be automatically created at time of product receipt, or with a periodic task that has various consolidation options available.
Watch recording
Electronic reporting export
Duration: 4.5 minutes
Demonstration for exporting Electronic reporting files to secure locations using Finance Utilities.
Watch recording
Customer remittance import
Duration: 8.5 minutes
Demonstration for importing Customer remittance files from secure locations using Finance Utilities.
Watch recording
FAQ
See our FAQ for general information and troubleshooting.
