Regulatory services – Configuration for use in Electronic reporting in Microsoft Dynamics 365 Finance and Operations

Regulatory services – Configuration for use in Electronic reporting in Microsoft Dynamics 365 Finance and Operations

This service allows partners and customers using multiple versions of Microsoft Dynamics 365 for Finance and Operations to configure regulatory features only once using a common service.

The Configuration service targets a no-code programming approach, allowing power users to configure frequently changed legal requirements for regulatory reports, e-invoices, payment formats and tax rules, rather than writing code in multiple applications.

Configuration service provides the following capabilities:

• Access to visual designers to configure regulatory reports, e-invoices, payment formats, tax rules, and other regulatory features.
• Metadata that provides the ability to either import a description of the target application’s artifacts, such as data tables, enumeration, and classes, or use connected applications for accessing metadata. Metadata is used at design time to define data sources of a data model mapping version.

Reference https://docs.microsoft.com/en-us/business-applications-release-notes/October18/dynamics365-finance-operations/regulatory-service-configuration