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Extended Italian localization – Configurable posting profiles for banks and remittance types

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Enabled for Public preview General availability
End users by admins, makers, or analysts This feature is released. May 1, 2020 This feature is released. Aug 1, 2020

Business value

Global and local customers who deploy Dynamics 365 Finance in Italy receive selected regulatory and competitive Italian features out of the box without the need to apply the Extended Italian Localization (EXIL) add-in or any other add-in with similar features available in the Italian market.

Feature details

When the drafts are remitted to one of the company banks, it is necessary to update a different offset account in the general ledger. This is based on the bank and the remittance type selected by the user in the case of bills of exchange, and based on the bank selected by the user in the case of promissory notes.

The feature allows you to create a different dedicated posting profile for every company bank account to post the transactions in the ledger account linked to the selected bank. The bank account is specified during the journal creation, and because it is linked to a specific posting profile, the transactions for the remittance will use the main account connected to the bank.

See also

Configurable posting profiles for banks and remittance types (docs)