Business Central 2023 wave 1 (BC22) new features: Intercompany posting provides a one-stop-shop setup experience (New Intercompany Setup page)

Hi, Readers.
The public preview for Dynamics 365 Business Central 2023 release wave 1 (BC22) is available. Learn more: Link.

I will continue to test and share some new features that I hope will be helpful.

Intercompany posting provides a one-stop-shop setup experience:

Business value:
Intercompany posting lets you manage accounting activities for a group of companies. Setting up the workflows and relationships between the companies can be complicated, so to make it easier to get started we’ve consolidated the various steps into a single page. Plus, we’ve added a validation that helps you find things you might have missed in your setup.
https://learn.microsoft.com/en-us/dynamics365/release-plan/2023wave1/smb/dynamics365-business-central/intercompany-posting-setup-supports-more-transaction-types-streamlines-flows

Regarding the Intercompany Setup page, in Business Central 2022 wave 1 (BC20), Microsoft once brought us a feature update.
More details:

With this release, Microsoft has once again enhanced this feature.

Intercompany posting has a new Intercompany Setup page that gives you an improved overview of your setup, and gives you fast access to various setup and task pages.

In the online version of Business Central, you can validate your intercompany posting setup to determine whether you’ve missed any settings across partner companies.

Microsoft has improved intercompany posting in the following ways:

Manage your intercompany setup on one page that includes intercompany partners, an intercompany chart of accounts, and intercompany dimensions.

Intercompany partners:

Intercompany chart of accounts:

For example, Copy from Chart of Accounts

Chart of Accounts Mapping

Intercompany dimensions:

For exmaple, Copy from Dimensions

Dimension Mapping

Handle bank transactions on the IC General Journals page.

PS: In BC 21.5, Only IC Partner G/L Acc. No.

IC general journals are included on the G/L Register page.

More details: Work with Intercompany Documents and Journals

The experience when working with the intercompany inbox and outbox is smoother, and the Handled Inbox now lets you open documents.

The Navigate action group is added to these three pages.
For example,
Navigate in Intercompany Outbox Transactions:

In BC 21.5:

Details action in Handled Intercompany Inbox Transactions

More details: Manage the Intercompany Inbox and Outbox

Role Center cues are added to give an overview.

For example, in Business Manager role:

Very nice! I really like this detail improvement, it makes life so much easier, give it a try!!!😁

PS: New Business Central customers can search for Intercompany Setup to find the new setup page. Existing customers with upgraded tenants can turn on Feature Update: Automatically accept intercompany general journal transactions on the Feature Management page to make the page available.

END

Hope this will help.

Thanks for reading.

ZHU