Settlement is an accounting transaction that occurs on accounts payable, accounts receivables, and general ledger. This transaction is used mainly for settling vendor invoices against vendor payments or advanced payment, and customer invoices against customer collections or advanced collection. Settlement could occur on general ledger transactions as well…..
Read more →I just had a first experience with AX. After being a developer on the product for most of my professional career, I was suddenly experiencing AX from a new perspective: The end user’s. Microsoft’s internal expense management sys…
Read more →When a company migrates to Microsoft Dynamics AX from a legacy ERP solution, one of the important data migration tasks is the creating opening balances in the new Dynamics AX system based on the closing balances of the previous closed period (often the fiscal year) from the legacy system. In order to ensure accuracy in
Read more →We’ve just published the downloadable Retail Point of Sale (POS) Reference for the Microsoft Dynamics AX 2012 Feature Pack. It contains reference material and examples to follow when implementing Microsoft Dynamics AX retail store datab…
Read more →Recently I have shared vendor settlement mechanism, in this post will highlight a tip in the payment process. MS Dynamics AX gives multiple settlement facilities where settling invoice in USD, and make payment in EGP (Egyptian pound) and vice verse. In order to make the payment in the same currency of invoice the payable accountant
Read more →The financial dimensions gives more deep analysis for transactions occurred on General Ledger accounts where it gives Controllership an analytical view on transaction occurred on Expenses Account for example he/she can analyze account balance according to financial dimensions assigned to Ledger Account. The posting mechanism of Financial Dimension in the purchasing process during reception (Product
Read more →Error in processing cubes Only dimension attributes and attribute relationships can have translations in Standard Edition. Solution: Delete the analysis project, temp directory with the analysis project and the analysis project in the AOT. Use the wizard to build the project.
Read more →In my first post in 2012 I have shared the collaboration officering by MS Dynamics AX 2012, in this post I will walk through the Alert Management (Alert rules) in MS Dynamics AX 2012 where a specific changes occurred within MS Dynamics AX 2012. An automatic notification triggered by these changes and send alert with
Read more →There are some common terms that are used over all the phases of the ERP implementation. It is confusing and cause a gap between the application consultant and the customer implementation team because these terms are very close in the meanings but different in the purpose and its functionality. Some of these terms are Installation,
Read more →Company Export and Import function is one of the most used functions in Microsoft Dynamics AX 2012 when you are into deploy more than one company with the same initial configurations and setups. On the other hand you are able to change/modify/test in the newly created company in order to make test environment as production
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