Electronic invoicing for Dynamics 365 (general availability)

Important

Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released (see Microsoft policy). Learn more: What's new and planned

Enabled for Public preview General availability
Users by admins, makers, or analysts - May 2021

Business value

Operational complexity and risk continue to intensify as organizations grow globally and expand their footprints across regions. Maintaining compliance and adapting to frequently changing regulations is a growing challenge and is particularly important when it comes to invoicing. Invoicing has traditionally been expensive and prone to errors as companies rely on paper documents and manually intensive processes. However, to reduce costs and speed up the end-to-end process, organizations have begun to move away from paper invoices. Moreover, governments are increasingly turning to electronic invoicing as a key component of tax digitalization.

By requiring organizations to digitally submit real-time tax information to tax authorities, governments are able to minimize tax evasion and manipulation, and reduce fraud. Whether you are in the public or private sector, electronic invoicing is growing in importance, and the world is shifting to paperless document processing. Without implementing electronic invoicing, you risk compliance issues, unnecessary costs, and lagging behind your competitors.

Feature details

You can use Electronic invoicing when you create and send electronic documents. The configurability options available in Dynamics 365 Finance and Dynamics 365 Supply Chain Management are limited to document transformation. The service extends these options by adding configurable integrations.

Planned feature highlights

  • Out-of-the-box integration with Dynamics 365 Finance, Dynamics 365 Supply Chain Management, and Dynamics 365 Project Operations.

  • Consistent user experience for the configuration and monitoring of the e-invoice process for all countries and regions.

  • Faster, easier, and less expensive adoption of electronic invoicing solutions.

  • Configuration of the service through the Regulatory Configuration Service (RCS) and globalization feature setup.

  • Transformation of business data into multiple e-invoice formats (XML, JavaScript Object Notation [JSON], TXT, and comma-separated values [CSV]) by using configurations that are defined in RCS:

    • Electronic reporting formats that are available for countries or regions where the configurability for e-invoice transformation wasn't available.
  • Configurable submission of e-invoices to external web services, including certification handling through digital signatures:

    • Built-in, easily extendable, and configurable integration with additional content for several countries or regions.
  • Handling of responses from web services, including configurable exception message handling.

  • Support for electronic signatures (for example, by using the XMLDSig signing algorithm).

  • Batch processing of e-invoice messages.

See also

Electronic invoicing overview (docs)