---
id: video/HI7VcPzR2OE
type: video
title: "What's New: Financial Management - Overview (2024 release wave 1)"
summary: "Overview of Business Central 2024 release wave 1 financial management changes: currency restrictions and revaluation on GL accounts, eight Excel reports in preview, consolidation currency rates, collection management role center, reminder automation, zero lines in recurring journals, and employee ledger currency posting."
tier: official
language: en
tags:
  - gl revaluation
  - currency posting
  - excel reports
  - consolidation
  - collection management
  - recurring journals
  - employee ledger
  - accounts receivable
  - reminders automation
  - financial reports
system: finance
review:
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  at: "2026-10-07T23:10:16.959Z"
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    quote: suffixed with a preview tag because we expect to make changes to them and small improvements
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    title: "What's New: Financial Management - Overview (2024 release wave 1)"
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    quote: in the gl account card you will now be able to specify when you're posting a journal or a
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    quote: Excel reports uh can manage a lot of data but there are still some restriction and limitations so we have uh in in the
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    quote: we added automation for reminders and that will help you create issue and sending out reminders so you basically don't have to do anything
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    quote: the GL revaluation or currency code on GL uh is from BC ideas the uh currency code uh with employee ledgers is also from
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video_id: HI7VcPzR2OE
channel: yt-microsoft
source_name: Microsoft Dynamics 365 Business Central (YouTube)
url: https://www.youtube.com/watch?v=HI7VcPzR2OE
published_at: "2024-04-04T13:30:16.000Z"
duration_s: 713
captions: full
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    title: Introduction and Overview of Financial Management Improvements
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    title: GL Revaluation and Currency Code Features
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    title: New Excel Reports for Financial Analysis
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    title: Consolidation and Currency Management
  - t: 407
    title: Collection Management and Accounts Receivable
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    title: Recurring Journals with Zero Lines
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    title: Employee Ledger Currency Support
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    title: Conclusion and Call to Action
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    check: fuzzy
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    check: exact
  - t: 261
    text: Excel reports uh can manage a lot of data but there are still some restriction and limitations so we have uh in in the
    check: exact
  - t: 500
    text: we added automation for reminders and that will help you create issue and sending out reminders so you basically don't have to do anything
    check: exact
  - t: 573
    text: now when you post we will just keep the line it will it won't be posted as a zero line it will
    check: fuzzy
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    text: the GL revaluation or currency code on GL uh is from BC ideas the uh currency code uh with employee ledgers is also from
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---

# What's New: Financial Management - Overview (2024 release wave 1)

> Overview of Business Central 2024 release wave 1 financial management changes: currency restrictions and revaluation on GL accounts, eight Excel reports in preview, consolidation currency rates, collection management role center, reminder automation, zero lines in recurring journals, and employee ledger currency posting.

[Watch on YouTube](https://www.youtube.com/watch?v=HI7VcPzR2OE) · Microsoft Dynamics 365 Business Central (YouTube) · 2024-04-04 · 11:53 · tier official · reviewed (checked by Opus)

## Overview

The video walks through financial management improvements in the 2024 release wave 1. It covers GL account currency settings with revaluation, a first batch of Excel reports, consolidation improvements, accounts receivable and collection features, recurring journal changes, and currency support for employee ledgers.

The Excel reports carry a preview tag because changes and small improvements are expected. The presenter says the GL currency code and employee ledger currency features came from BC Ideas.

## Key points

- GL account card: you can specify accepted currencies per account: local only, multiple currencies, or any currency. A toggle controls revaluation, and entries can go to realized or unrealized adjustment accounts. An adjustment batch job creates revaluation entries that can be reviewed before posting.
- Eight Excel reports are in the first batch: trial balances, aged receivables, aged payables, and top lists for customers and vendors. They have a preview tag, 12 more are in progress, and the full list is 25 to 30 reports.
- Excel reports hold aggregated data, not a full database copy. Detailed data (for example GL entries, customer ledger entries) is planned for minor releases, and data volume has restrictions and limitations.
- Consolidation lets you look up exchange rates during runs. You can recover from mistakes by picking rates from a previous consolidation run.
- A new collection management role center for the accounts receivable administrator has cues for outstanding invoices and balances. Reminders can have email text tailored per level and can be created, issued and sent through automation.
- Recurring journals using the fixed method can keep zero-amount lines. Zero lines are ignored when posting, not posted as zero.
- Employee ledgers can now post in a selected currency, like customer and vendor ledgers, and balances can be adjusted. Earlier support was local currency only.

## Chapters

- [0:00](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=0s) Introduction and Overview of Financial Management Improvements
- [1:20](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=80s) GL Revaluation and Currency Code Features
- [3:22](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=202s) New Excel Reports for Financial Analysis
- [5:32](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=332s) Consolidation and Currency Management
- [6:47](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=407s) Collection Management and Accounts Receivable
- [8:41](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=521s) Recurring Journals with Zero Lines
- [9:53](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=593s) Employee Ledger Currency Support
- [11:15](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=675s) Conclusion and Call to Action

## Features

| Feature | Status | At | Evidence |
|---|---|---|---|
| GL Revaluation and Currency Code on GL Entries | status not stated, demoed | [1:40](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=100s) |  |
| Excel Reports for Financial Data | preview, demoed | [3:22](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=202s) | "suffixed with a preview tag because we expect to make changes to them and small improvements" ([3:22](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=202s)) |
| Consolidation Currency Management | status not stated | [6:12](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=372s) |  |
| Collection Management Role Center | status not stated | [6:47](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=407s) |  |
| Reminder Process Improvements | status not stated | [6:47](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=407s) |  |
| Zero Lines in Recurring Journals | status not stated | [8:41](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=521s) |  |
| Currency Posting to Employee Ledger | status not stated | [9:53](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=593s) |  |

## AL objects mentioned

As heard in the captions. A name that matches one object page by exact type and name links to it; the others stay as named.

- table "GL Account Card" at [1:40](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=100s)
- table "GL Account" at [2:42](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=162s)
- [page 16 "Chart of Accounts"](../objects/page/16.md) at [3:02](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=182s)
- [page 39 "General Journal"](../objects/page/39.md) at [8:41](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=521s)
- page "Recurring Journals" at [8:53](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=533s)

Not found in BC28-30: table "GL Account Card", table "GL Account", page "Recurring Journals".

## Quotes

- [1:40](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=100s) "in the gl account card you will now be able to specify when you're posting a journal or a"
- [3:22](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=202s) "suffixed with a preview tag because we expect to make changes to them and small improvements um in this first release there"
- [3:43](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=223s) "there are eight uh I know that we are working on the next 12 uh reports and the complete list is somewhere between 25"
- [4:21](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=261s) "Excel reports uh can manage a lot of data but there are still some restriction and limitations so we have uh in in the"
- [8:20](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=500s) "we added automation for reminders and that will help you create issue and sending out reminders so you basically don't have to do anything"
- [9:33](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=573s) "now when you post we will just keep the line it will it won't be posted as a zero line it will"
- [11:14](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=674s) "the GL revaluation or currency code on GL uh is from BC ideas the uh currency code uh with employee ledgers is also from"

## Disclaimers in the video

- [3:22](https://www.youtube.com/watch?v=HI7VcPzR2OE&t=202s) preview: they are suffixed with a preview tag because we expect to make changes to them and small improvements

Presenters (as heard): Brian Neilson.
