PowerPoint Presentation

Unlocking the New Finance functionality in AX2012 - How 2Whats New in the Dynamics AX 2012 General Ledger The Headliners

Rome 28-29 JanuaryPresenter

Richard Draper, Solution Architect

RDR@AXmentor.com

Rome 28-29 JanuaryIntroductionThere have been Major conceptual and architectural changes in AX2012 primarily involving the introduction of organizational level (centrally controlled) data and configurations for Finance.AX2012 R2 released Dec 12 more enhanced and extended finance functionality

Rome 28-29 JanuaryIntroductionThis is NOT a training session. This session is designed to provide you with the Headliner changes to finance functionality now provided in AX2012. I will explain the new concepts and terminologies in the AX2012 general ledgerAX2012 Release 2 is not covered

Rome 28-29 JanuaryAgendaIntroduction G/L and G/L journal and account structuresAccount structures/Segmented entryAdvanced Rule Structures (acct structure exceptions)Legal entity Ledger Chart of accounts Main Accounts Account structures & Advanced RulesChanges to DimensionsShared organisational dataCalendarsExchange Rates and Exchange rate typesReporting/Integration UpdatesTrial Balance by financial dimension sets (dimension focuses)Excel Integration for Journal EntriesSub-Ledger Accounting frameworkBatch transfer sub-ledgers to GL framework

Rome 28-29 January

What is an AX2012 account structure/account segments

Rome 28-29 January

Account structure definition

Rome 28-29 January

Organizational Concepts AX2012 Chart of AccountsChart of accounts (New AX2012 concept) - determine what main accounts can be used, how they will be presented re: dimensions & how dimensional values are controlled Main AccountsMain Accounts

Rome 28-29 JanuaryGeneral Journal Entry and DimensionsFunctionAX2009AX2012Ledger (Chart of accounts)Company specific, but could be virtualizedMain Accounts shared across companies in same. R2 allows more flexibilityDimension configurationOnly 3 dimensions, or additional available for purchaseDynamic dimensions list - create new dimensions easily and leverage existing entity values. Dimensions are at organisational level not chart of account/legal entity levelDimension Selection for Journal entryOnly 3 dimensions based on dimension hierarchy (complex configuration) and shown in all areasFlexible, controlled by account structures and advanced rules. User only sees relevant dimensions and values

Rome 28-29 JanuaryShared DataFunctionAX2009AX2012Chart of AccountsCompany specific, but could be virtualizedShared across legal entitiesCurrencies and exchange ratesCompany specific, but could be virtualizedShared across all legal entities(the organisation)Ledger CalendarCompany specificShared across all legal entities. Period status is company specific! (can be 1:1)

Rome 28-29 JanuaryReporting/Integration UpdatesFunctionAX2009AX2012Trial BalanceNot able to easily view trial balance by dimensions complicated dimension hierarchyAbility to view trial balance by dimension setsExcel IntegrationMinimal. Now allows creation of new entries in AX via journals (GL and budgets). Introduce new cubes (10 AX2012, +6 R2)

Rome 28-29 JanuarySub-Ledger AccountingSub-ledger accounting and distributions added in AX2012 for the following source documents:Free text invoiceProduct ReceiptPurchase orderPurchase requisitionExpense reportVendor invoice

Rome 28-29 JanuaryAccounting Distributions & Sub-Ledger Accounting

Rome 28-29 JanuaryBatch transfer sub-leger to GL

Rome 28-29 JanuaryUnlocking the New Finance functionality in AX2012 - How 2

Richard Draper, (RDR@AXmentor.com)

Whats New in the Dynamics AX 2012 General Ledger The Headliners

Rome 28-29 January