Introduction
The DXC Finance Utilities module provides enhanced functionalities to Microsoft Dynamics 365 for the following:
- 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
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.
