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Acumatica 2024 R2 Virtual Launch Event

October 2, 2024 by Tim Rodman

Here are my notes from the Acumatica 2024 R2 Virtual Launch Event on October 02, 2024 showing the new features in Acumatica 2024 R2.

Acumatica 2024 R2 Virtual Launch Event

Acumatica does 2 major releases each year:
R1 in the first half of the year and R2 in the second half of the year.

Here are my notes from previous R2 launch events:
Acumatica 2023 R2 Virtual Launch
Acumatica 2021 R2 Virtual Launch
Acumatica 2020 R2 Virtual Launch
Acumatica 2019 R2 Roadshow in Columbus, Ohio
Acumatica 2018 R2 Roadshow in Columbus, Ohio
Acumatica 2017 R2 Roadshow in Columbus, Ohio

Acumatica 2024 R2 Launch Event

I attended the main keynote, then the breakout for the Construction Edition. You’ll find notes and screenshots from both sessions below.

A couple of comments though before I get to the notes and screenshots:

1. Pretty much everyone who spoke during the presentation was reading from a script on their screens. You could see their eyes moving back and forth.

At first, I wasn’t a fan, because I can remember the Jon Roskill days when R2 launch events were big productions.

But, the more the session went on, the more I appreciated the tight focus of the content that was presented. It may have been scripted, but you could tell that a lot of work went into that script.

And I liked how we were hearing from the people on the ground with the product.

2. I really liked how Acumatica incorporated the DevCon event into the 2024 R2 Launch event.

Rather than do separate events like they’ve done in past years, Acumatica did the DevCon yesterday, today, and tomorrow, with a break during the first part of today for the 2024 R2 Launch. I thought that was a good idea.

Now for the notes and screenshots:

Attending the #Acumatica2024R2 launch event

Lots of talk about AI. Interesting point about the Digital World mirroring what it means to be human. Personally, I think that the more the digital world mirrors what it means to be human, the more mental health challenges us real humans will have #Acumatica2024R2

Now jumping into #Acumatica2024R2

Nice to meet you Jeremy Larsen #Acumatica2024R2

Looks like Jeremy lives in Oregon #Acumatica2024R2

Here are the 3 key themes for #Acumatica2024R2

I think Jeremy is reading from a script on the screen 😀 #Acumatica2024R2

Now Phillip joins Jeremy. Looks like both Phillip and Jeremy started at Acumatica since the Summit earlier this year #Acumatica2024R2

Hello Phillip #Acumatica2024R2

This new RETRIEVE TRANSACTIONS button allows you to retrieve transactions from CSV or Secure FTP #Acumatica2024R2

Here’s a look at all of the Banking Enhancements #Acumatica2024R2

AI is perhaps the biggest new feature in #Acumatica2024R2

The Acumatica Professional Services Edition will be available this month #Acumatica2024R2

Now bringing on the Product Edition Managers #Acumatica2024R2

Starting with Joel Hoffman, still sporting that awesome stash 👨😀 #Acumatica2024R2

The Project Billing Workflow has been streamlined #Acumatica2024R2

Transactions from all sources can be associated with proforma invoices #Acumatica2024R2

Substantiated Billing screen is new I think #Acumatica2024R2

Now for Debbie Baldwin and the Manufacturing Edition #Acumatica2024R2

Overall, they focused on improving the Estimating Module and improving Order linking for Production #Acumatica2024R2

Multiple Price Breaks are now available on Estimates #Acumatica2024R2

Here’s an example of multiple price breaks #Acumatica2024R2

Deselect the Print checkbox to hide a line on the report #Acumatica2024R2

Can easily create a new Inventory Item from the estimate #Acumatica2024R2

Every customer that uses Estimates is going to want to use this new functionality in the Estimating module #Acumatica2024R2

Stepping back from the industry editions to talk about anomaly detection #Acumatica2024R2

Kelly Squizerro to talk about anomaly detection #Acumatica2024R2

Specifically in the Sales Order Margin Analysis Anomaly Detection. Historical trends, not just absolute values. Ooo, who can I get on my Acumatica Podcast to talk about the technical details? #Acumatica2024R2

This is the new ANOMALY DETECTION tab on the Generic Inquiry screen. Very interesting! #Acumatica2024R2

Here’s the anomalies highlighted on a Dashboard #Acumatica2024R2

This looks really cool, especially the fact that it can be added on an Generic Inquiry. #Acumatica2024R2

This looks really cool, especially the fact that it can be added on an Generic Inquiry. #Acumatica2024R2

Customers are very excited about this feature. Me too! #Acumatica2024R2

Now Stacie Jurczak to talk about the Retail Edition. Stacie must be taking over from Josh Fischer #Acumatica2024R2

Acumatica Customers can leverage new Shopify B2B features in #Acumatica2024R2

Leverage this functionality in #Acumatica2024R2

Amazon Returns and Refunds – FBA. Previously, you had to manually create returns in Acumatica, but now Amazon Returns can be automatically imported in #Acumatica2024R2

Amazon Returns and Refunds – FBA. Previously, you had to manually create returns in Acumatica, but now Amazon Returns can be automatically imported in #Acumatica2024R2

Now Ali is talking about the monumental effort that is the New UI and the engine underneath the New UI. I totally agree with Ali, it’s a BIG deal #Acumatica2024R2

The Modern UI is a major step forward in democratizing technology #Acumatica2024R2

For now, you can decide screen-by-screen whether or not to use the Modern UI #Acumatica2024R2

With #Acumatica2024R2 the Modern UI is in Controlled Release, with General Availability anticipated in 2025

Here’s a look at the new UI #Acumatica2024R2

You can control how the screen appears by using the Screen Configuration option #Acumatica2024R2

Field by field, you can decide whether a field is visible and where it’s visible #Acumatica2024R2

For a specific screen configuration, you can decide who sees that particular configuration #Acumatica2024R2

Recap of the Future of ERP Technology. It might be “human-like”, but it’s not, like, totally human 😀 #Acumatica2024R2

Ali now talking about an AI use case where you could ask Acumatica about the status of a bank rec and Acumatica could reply with the status and details about the individual outstanding transactions. That actually sounds like a really cool use case. #Acumatica2024R2

The Finance department definitely seems like a big target for this kind of stuff #Acumatica2024R2

Now for breakout sessions. And, o ya, #Acumatica2024R2 is available today

Registration is now open for Acumatica Summit 2025 #Acumatica2024R2

Now waiting for the Construction Edition breakout to start. I absolutely LOVE the classical music background music as we wait. SO much better than the nightclub background music that we normally get (but I’m probably in the appreciative minority 😀). #Acumatica2024R2

Joel and Kate are going to present for this Construction Breakout #Acumatica2024R2

Here’s our Agenda #Acumatica2024R2

Breaking Construction down into 6 micro verticals #Acumatica2024R2

It’s not just the type of customers, but the type of roles within organizations #Acumatica2024R2

Talking about measuring metrics in Construction #Acumatica2024R2

Oooo, Power BI made this slide 👍 #Acumatica2024R2

Here’s an example of a Dashboard in #Acumatica2024R2

Information on Dashboards matters to EVERYONE in a Construction organization, not just Finance #Acumatica2024R2

Looking at the “spokes” around the “hub” of the Acumatica Construction Edition #Acumatica2024R2

Remote Access and AI / Machine Learning #Acumatica2024R2

Opportunities for Growth with Acumatica #Acumatica2024R2

The Acumatica platform is very integration-friendly which enables products like TRAILD to feel like they’re inside #Acumatica2024R2

Timberscan? Hmmm, I’m pretty sure that TRAILD is more popular these days. #Acumatica2024R2

Now talking about Phoenix Renovation, an Acumatica Construction custom #Acumatica2024R2

Now talking about Phoenix Renovation, an Acumatica Construction custom #Acumatica2024R2

Now talking about Phoenix Renovation, an Acumatica Construction custom #Acumatica2024R2

Now talking about Phoenix Renovation, an Acumatica Construction custom #Acumatica2024R2

What’s new with #Acumatica2024R2

Here’s some new stuff in #Acumatica2024R2

Field Service improvements in #Acumatica2024R2

Now for a demo of how the Project Billing Workflow has been improved #Acumatica2024R2

How this is addressed in #Acumatica2024R2

Adding a line to the Proforma that wasn’t on the budget #Acumatica2024R2

You can drag-and-drop lines to rearrange #Acumatica2024R2

Can easily take a prepayment on a Pro Forma #Acumatica2024R2

Can easily select transactions to be included in a Pro Forma invoice and then print a report that will include the attachments from AP Bills and Expense Receipts! #Acumatica2024R2

Can easily select transactions to be included in a Pro Forma invoice and then print a report that will include the attachments from AP Bills and Expense Receipts! #Acumatica2024R2

Can easily select transactions to be included in a Pro Forma invoice and then print a report that will include the attachments from AP Bills and Expense Receipts! #Acumatica2024R2

Can easily select transactions to be included in a Pro Forma invoice and then print a report that will include the attachments from AP Bills and Expense Receipts! #Acumatica2024R2

Open Subcontracts can now be imported via Import Scenario with their opening balances and accumulated AP Bill actuals #Acumatica2024R2

Open Subcontracts can now be imported via Import Scenario with their opening balances and accumulated AP Bill actuals #Acumatica2024R2

Open Subcontracts can now be imported via Import Scenario with their opening balances and accumulated AP Bill actuals #Acumatica2024R2

Now talking about the Project Quote Workflow in #Acumatica2024R2

There are now Reason Codes available in Approval Maps. Nice! #Acumatica2024R2

These new features in #Acumatica2024R2 were highly requested features on http://Community.Acumatica.com

Tax on Drop-Shop Orders via AvaTax #Acumatica2024R2

Easier to verify expenses invoiced to the customer #Acumatica2024R2

Reconcile GL transactions with project transactions more easily #Acumatica2024R2

Investigate unrecognized bank transactions #Acumatica2024R2

Field Service improvements in #Acumatica2024R2

You can now reopen a Completed Appointment #Acumatica2024R2

More Override Address checkboxes #Acumatica2024R2

Big initiative around Calendar Board enhancements. Only available in the Modern UI. I think Mike C demoed this at the last Acumatica Summit #Acumatica2024R2

This new Calendar Board looks really nice. There’s a whole engine behind it that will allow it to be used in other places. #Acumatica2024R2

I talked about the details of this with Mike C and there’s a lot to it. I’m really excited about it. #Acumatica2024R2

There’s a really cool map pane too #Acumatica2024R2

Recap of new Construction Stuff in #Acumatica2024R2

Recap of new Field Service stuff in #Acumatica2024R2

Provide feedback at http://Community.Acumatica.com/Ideas and checkout the Acumatica website. Thank you Joel and Kate (and others)! #Acumatica2024R2

Filed Under: Acumatica Learning Tagged With: Acumatica, Acumatica 2024 R2, Acumatica Blog, Acumatica Learning, Acumatica Training

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