Financial dimension default templates in dynamics ax

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…

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Project profit and loss report in dynamics ax

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…

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Project WIP dynamics ax

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…

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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…

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reference type grid questionnaires dynamics ax

Microsoft Dynamics AX 2012 R3 (AX 2012 R3) offers end users a productivity tool to design, create, distribute, and complete Questionnaires that contain a set of questions used to collect information in AX for a variety of purposes. Example: a Questionnaire can be used to evaluate a training course and is distributed to the course…

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plan 1 employee contribution

New in the CU7 update for Microsoft Dynamics AX 2012 R2, is the ability to set up a benefit plan that automatically calculates the employer contribution. A benefit plan can be used for retirement investments, medical insurance, workers compensation plans, and parking benefits. For the basis of this blog, we will be specifically focusing in…

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Define benefit types dynamics ax

New in the CU7 update for Microsoft Dynamics AX 2012 R2, is the ability to set up a benefit plan that automatically calculates the employer contribution. A benefit plan can be used for retirement investments, medical insurance, worker compensation plans, and parking benefits. For the basis of this blog, we will be specifically focusing in…

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The financial dimensions and chart of account structure in Microsoft Dynamics AX 2012 have been significantly redesigned since AX 2009 days. The financial dimensions framework is very flexible and introduces many new concepts and features: system defined dimensions are available to be directly linked to the sub ledger master data. A sales/purchase agreement is the…

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