How to connect SharePoint Online with Dynamics CRM Online using BDC?

Question

I am trying to connect SharePoint Online with Dynamics CRM Online using BDC, but I'm not getting any results.
I am trying to use Accounts from CRM in SharePoint Online like a list.
When I have 100 accounts (customers) in CRM I want to export these accounts to SharePoint Online like a list. And when I will bed edited account in CRM the elements in the list will be updated (when I edited element on SharePoint list it will update in CRM).
Is there any possibility to connect in this way? If there is then what I should use - SharePoint Designer 2010, Visual Studio or do this on web interface?

Answer 1

Girish Raja provides a great overview on how to integrate CRM Online and SharePoint Point via BCS. His MSDN blog post includes a link to his video presentation from TechEd in May (go to minute 35 in video) along with a link to the source code/instructions. His demo uses SharePoint on-premise but mentions that it will work with SharePoint Online once BCS is enabled. (which it is now).

Answer 2

According to this:

Msdn Blog: Microsoft Dynamics CRM integration with SharePoint Online is here

... this is how to do it:

1. Your Microsoft Dynamics CRM System Administrator must install the Microsoft Dynamics CRM 2011 List Component
2. Once enabled, the Microsoft Dynamics CRM user can open an Account
3. Click on Documents – If the Account does not have a corresponding Document Library in SharePoint Online one is automatically created

Answer 3

Unfortunately this cannot be done at this time - http://community.office365.com/en-us/f/154/t/2301.aspx

See codeulike's answer for more up to date information.