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An Introduction to Demand Forecasting in Microsoft Dynamics AX (Part 2)
In this second part of the demand forecasting blog series (click here to see part 1), we are going to generate the statistical baseline forecast out of AX and see how the rest of the forecasting process actually works. Once we are done with configuration of the parameters, a statistical baseline forecast can be generated out of…
Read MoreAn Introduction to Demand Forecasting in Microsoft Dynamics AX (Part 1)
Demand forecasting can be immensely valuable to a business organization. It supports the overall Sales and operations planning process for a business and can directly impact and help the downstream business operations. At the very fundamental level, demand forecasting can tell a business what they need, when they need it and what they anticipate/predict delivering…
Read MoreMicrosoft Dynamics AX Project Funding Limits and Rules (Part 2)
This blog is the second half of a series reviewing funding within a Project Contract (See part 1 here). In this section we will be reviewing funding limits and funding rules. A funding limit holds the amount of money each funding source has allocated to it. Funding rules tell the project transaction which funding source…
Read MoreMicrosoft Dynamics AX 2012 R3 CU8 – Recycled By-Products in Production Orders
Overview In Cumulative Update 8 for Microsoft Dynamics AX 2012 R3, functionality to reuse the same by-product that is in consumption has been added. This functionality is important for use in process manufacturing and allows an item that is used in consumption, to also be a by-product in the manufacturing process (specifically valuable for our…
Read MoreMicrosoft Dynamics AX Position Distribution Templates
In today’s economic climate many employees simultaneously perform duties and tasks for multiple positions within a single organization. As a result, accountants may have to post adjusting accrual entries to allocate payroll costs to the correct cost center and/or department. Microsoft Dynamics AX offers a feature that allows a distribution template to be associated to…
Read MoreMicrosoft Dynamics AX Project Profit and Loss Reporting
Ask anyone using project management or project accounting functionality what is the most important outputs of their ERP system is and many will tell you “to accurately calculate the Profit and Loss”. That is just what Dynamics AX allows you to do with their Project Profit and Loss Report. Managers can review their projects to…
Read MoreMicrosoft Dynamics AX Project WIP Analysis
While working with Time and Material Projects within Dynamics AX, Work In Progress (WIP) Reports provide much needed information about ongoing projects. For example, it is important to know how much material you have purchased for a project, but not yet invoiced or see where you are in invoicing relative to the transactions against your…
Read MoreMicrosoft Dynamics AX 2012 – Non-Conformance Reporting
A non-conformance is an unexpected event or deviation from specified requirements or procedures. When a non-conformance occurs it can lead to budget overruns, project delays, rework, unnecessary scrap of materials, decreased productivity or product recalls, just to name a few examples. In Microsoft Dynamics AX 2012, non-conformances are used to record and report anything that…
Read MoreMicrosoft Dynamics AX 2012 R2 and R3 Holiday Overtime Calculation with Count Units
In Microsoft Dynamics AX 2012 R2 and R3 Time and Attendance functionality can be used to apply rules for overtime calculations based on actual hours worked and can include or exclude holiday hours based on configuration. In addition to the rules of overtime calculations described in our previous blog, Microsoft Dynamics AX 2012 R2 and…
Read MoreMicrosoft Dynamics AX 2012 R3 – Direct Delivery
Drop Shipment (or Direct Delivery) is a supply chain model allowing companies to deliver goods directly from vendor to customer. This is a common methodology used in a variety of industries, including fulfillment and distribution as well as by many manufacturers. By using the following process in Microsoft Dynamics AX you can create an order…
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