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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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Toc

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

Exploring dimension reporting

Overall, this chapter covers the financial dimension model from business and application angles. The required configuration for main accounts and the account structure directly affect the accuracy of the data entered, by controlling the dimensions' selection and validation.

The following section will explore the financial dimensions' reporting capabilities in a trial balance and dimension statement.

Financial dimension sets

Financial dimension sets are the result of reporting the transactions based on financial dimensions. They can be a combination of more than one financial dimension. Financial dimension sets are initially designed, along with the designing of financial dimensions in the design phase, to accommodate the reporting perspective, and they can be extended during the operations.

As you can see in the following diagram, the financial dimension set is used as a focal point in reporting, where it will be able to analyze numbers by one dimension...

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