Standard Time Premiums

Recently, a client presented a time and attendance use case of an overtime calculation for production workers with the following rules: An 11-hour shift 4 days a week (Mon – Thu), the normal workweek of 44 hours All working hours are recorded at the regular pay Overtime is paid for over 40 hours a week…

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Expiration Dates in Plastics Manufacturing

While using a First In, First Out (FIFO) inventory management method in Plastic Manufacturing is well known and helps control time based degradation by constantly rotating raw materials, it doesn’t necessarily address differences in raw material quality deterioration associated with this aging. Resin, colorants, and other additives obviously do not have the same properties (different…

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Technology Trends in Field Operations

The relaxing of many regulations that directly affect Field Operations Industries combined with the passage of an Infrastructure Spending Bill, signals that we are poised to see massive growth in this sector. In the past, many firms with robust Field Operations have resisted new technologies for several very good reasons: Unpredictable costs Too much demand…

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Apps, ERP and IoT in Plastics Manufacturing

Plastic Manufacturing is growing, and it remains a cutthroat industry. It’s no longer enough to simply have good products or an efficient manufacturing operations – you now need the proper systems and technology in place to succeed. Your ERP runs your business, houses your master data, and is your primary system of record. On the…

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Project Profit and Loss Reporting for Field Operations

One of the most challenging (and most rewarding) aspects of Field Operations is understanding when a particular project is over-budget or under budget and, more importantly – why?  Whether you are running a business with a multitude of small projects or big ones, or even a mix of the two, the company’s overall profitability depends…

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Benefit Accrual Plans 09电竞官网
 for Operations

Yes!  Benefit Accruals, for such things as Vacation and Personal time, can be FUN and not just when they are taken!  In 09电竞官网 for Finance and Operations, the functionality has been expanded from prior AX versions to include additional functionality like: Earning Codes for Plan Accrual Earning Code Group Compensatory Time Accrual at a…

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Field Service Inventory Valuation

Field Operations Enterprises often have inventory spread across wide geographical areas, in remote warehouses, on service vehicles and even in the process of being installed. An accurate depiction of what you have (and where it) is becomes vital to accurate financials. One of the key areas to manage is Inventory Valuation. Whether your valuation method…

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Depreciation Proposal

Last November, AX2012 users were happy to receive cumulative update 12 (CU12) from Microsoft.  It included a long list of updates for additional functionality and bug fixes (or as we tend to call them “opportunities”).  In this blog we are going to dig into one of the financial updates that were released; the ability to…

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