Overview of Product Compliance Features in Dynamics 365 for Finance & Operations

By Tammy Plowman | May 2, 2018

Overview of product compliance features in dynamics 365 for finance & operations

Many businesses have the need to manage some level of product or inventory compliance in conjunction with various regulations or requirements. The good news is that Dynamics 365 for Finance and Operations can assist with this!

This blog provides both an overview of the functionality that exists for product compliance features in Dynamics 365 for Finance and Operations AND links to more detailed information to get you started with leveraging them. To better understand which areas might be the of the most interest, let’s review some terminology.

Regulated product: A product should be identified as a regulated product if it is regulated by a government agency. There are various types of compliance needs and audit reporting may also be required.

Regarding regulated products, there is the ability to create lists by country or region. For each list, the regulated products are assigned. There is also the ability to create a report relationship to each list. Regulated product settings are covered in Managing Product Safety Data Sheets in Dynamics 365 for Finance and Operations.

Managing product safety data sheets

Restricted product: A product is defined as a restricted product if the distribution of this product is limited or constrained by a government agency.

Inclusive and exclusive lists may be established to support the restricted product handling in the system. Products identified on exclusive lists are not permitted to be shipped to the restricted areas or regions. To find out more about using this feature, please see Working with Restricted Products in Dynamics 365 for Finance and Operations.

Working with restricted products

Reported product: In conjunction with regulation, a reported product is subject to a reporting requirement established at a regional or national authority level. Typically, the reporting requirement is that a company or business must report on the usage of such a product.

Reporting for individual and identified authorities or agencies may be established. To find out more about using this feature, please see Generating Product Compliance Reports in Dynamics 365 for Finance and Operations.

Generating product compliance reports

Product safety data sheet: A product safety data sheet is a document that contains information regarding potential hazard, safe handling, emergency guidance, and other related information about the product. These are also known as material safety data sheets.

Dynamics introduces compliance administration functionality to assist in both ensuring that the current documents are obtained and updated as needed. These documents may be viewed in the system and validated as a current version. Documents missing, expired, or nearing expiration may be identified and directed to the attention of a compliance manager. The management of both sales (outgoing) and procurement (incoming) safety data sheets is contained here: Managing Product Safety Data Sheets in Dynamics 365 for Finance and Operations.

Let us know if you’d like to learn more about how D365 for Finance and Operations can help you with product or inventory compliance.

Related Posts

Recommended Reading:

5.27.22 Dynamics GP

How to Run Drop Ship Sales in Dynamics GP

Need to Invoice the Customer before you get the invoice from the vendor? This The freight forwarder has contacted you […]

Read the Article

New Features in Dynamics 365 Business Central 2022 Wave 1 Release – Protecting G/L Accounts From Being Deleted

There are a lot of exciting New Features in Dynamics 365 Business Central 2022 Wave 1 Release to get excited […]

Read the Article
5.25.22 Financials

Rounding Numbers in Power Automate

  If you’ve ever tried to round numbers in Power Automate, you have probably already run into the issue there […]

Read the Article

Manage U.S. Use Tax on Purchase Orders in Dynamics 365 Finance and Operations

  Managing sales tax requirements on your business purchase can be complicated, but Dynamics 365 Finance and Operations can help […]

Read the Article
5.19.22 Dynamics CRM

How to Write a Great Support Ticket in the Stoneridge Support Portal

Submitting a support ticket through the Stoneridge Support Portal is a quick and effective way to get assistance for any […]

Read the Article

Managing Your Business Through Uncertain Times Using Dynamics 365 Finance and Operations

  Dynamics 365 Finance and Operations (F&O) can help you make informed decisions on how to move your business forward. […]

Read the Article
5.13.22 Power Platform

Using Power BI Object Level Security

  The following article will demonstrate how to use Power BI Object Level Security to disable column data based on […]

Read the Article
5.12.22 Dynamics CRM

How to Use the Stoneridge Support Portal

Stoneridge Software’s support portal is an intuitive and useful function that makes it easy for you to access resources to […]

Read the Article
5.6.22 Dynamics GP

Dynamics GP Transaction Removal: Purchase Orders

  Are you having performance issues with Purchase Orders?  Do you find that there are old Purchase Orders on your […]

Read the Article

Start the Conversation

It’s our mission to help clients win. We’d love to talk to you about the right business solutions to help you achieve your goals.

Subscribe To Our Blog

Sign up to get periodic updates on the latest posts.

Thank you for subscribing!

X