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Microsoft Dynamics AX 2012 R3 Financial Management

You're reading from   Microsoft Dynamics AX 2012 R3 Financial Management Boost your accounting and financial skills with Microsoft Dynamics AX 2012 R3

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Product type Paperback
Published in Feb 2015
Publisher Packt
ISBN-13 9781784390983
Length 352 pages
Edition 1st Edition
Languages
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Author (1):
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Mohamed Aamer Ala El Din (USD) Mohamed Aamer Ala El Din (USD)
Author Profile Icon Mohamed Aamer Ala El Din (USD)
Mohamed Aamer Ala El Din (USD)
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Table of Contents (12) Chapters Close

Preface 1. Getting Started with Microsoft Dynamics AX 2012 FREE CHAPTER 2. Understanding the General Ledger 3. Understanding Cash and Bank Management 4. Understanding Accounts Payable 5. Understanding Accounts Receivable 6. Exploring Fixed Assets 7. Functioning of Cash Flow Management 8. Working with Cost Management 9. Exploring Financial Dimensions 10. Exploring Financial Reporting and Analysis Index

Understanding Microsoft Dynamics AX information source blocks

In this section, we will explore the information sources that eventually determine the strategic value of BI reporting and analytics. These are divided into three blocks. The first block is the detailed transaction level, the second is BI, and the third is executive decisions. These three blocks are explained in the following sections.

Detailed transactions block

At its roots, BI depends on capturing accurate transactional data from business processes at the first level of detail and transforming these processes into a regular flow of meaningful entries in an ERP solution such as Microsoft Dynamics AX. Application consultants should consider the reports that are required by the customers and certify that the required data points are captured through the recording process for daily transactions. Whenever possible, the application consultant has a responsibility to also challenge the business process owners about the process, as...

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