Microsoft has released a hot fix for Microsoft Dynamics SL 2011 that enables support for Microsoft SQL Server 2012.
Product / Hot Fix
Microsoft Dynamics SL 2011 SP1 – HSL2011SP1_23705SY
Microsoft Dynamics SL 2011 – HSL2011_203705SY
To learn more you can reference Microsoft Article ID 2697847 via Customer Source (login required).
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