Book description
Boost your accounting and financial skills with Microsoft Dynamics AX 2012 R3
In Detail
Microsoft Dynamics AX is a rapidly growing application and is widely used in enterprise organizations. Because of its ability to maximize business productivity, Microsoft Dynamics AX is one of the fastest-rising business application packages in the ERP market.
We will start by looking into ERP concepts, implementation needs, and interface design, giving you basic knowledge of financial management aspects and explaining key concepts along the way. We will tackle each topic with focused examples and explanations in areas such as general ledgers, accounts payable, accounts receivable, fixed assets, forecasting, cash and bank management, financial dimensions, and financial reporting.
By the end of this book, you will have a much richer understanding of Microsoft Dynamics AX 2012 R3 and its empowering capabilities.
What You Will Learn
Examine the business logic behind the financial functionalities of Microsoft Dynamics AX 2012 R3
Set up and configure the core modules of financial management
Grasp the key control points of financial management
Plan and execute an opening balance migration
Implement the monthly- and year-end closing procedures
Explore the basic cycles and module integrations
Discover and implement the inventory costing mechanism
Use Microsoft Dynamics AX to create financial reports
Table of contents
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Microsoft Dynamics AX 2012 R3 Financial Management
- Table of Contents
- Microsoft Dynamics AX 2012 R3 Financial Management
- Credits
- About the Author
- Acknowledgments
- About the Reviewers
- www.PacktPub.com
- Preface
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1. Getting Started with Microsoft Dynamics AX 2012
- Understanding the ERP characteristics
- Discovering the implementation team
- Exploring key intentions of ERP implementations
- Understanding the ERP module's integration
- Exploring ERP and reporting
- Posting types in Microsoft Dynamics AX
- Exploring the common terms in ERP implementations
- Exploring Microsoft Dynamics Implementation Methodology – Sure Step
- Exploring Microsoft Dynamics Lifecycle Services
- Looking at Microsoft Dynamics AX user Interface
- Summary
- 2. Understanding the General Ledger
- 3. Understanding Cash and Bank Management
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4. Understanding Accounts Payable
- Understanding accounts payable integration with other modules
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Exploring vendor master data characteristics
- The General fast tab
- The Purchasing demographics fast tab
- Invoice and delivery fast tab
- The Invoice field group
- The Sales tax field group
- The Withholding tax field group
- The Discount field group
- Vendor price/discount groups
- The Payment fast tab
- Terms of payment
- Method of payment
- Payment schedule
- Cash discount
- Exploring accounts payable controls
- Exploring accounts payable transactions
- Summary
- 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
Product information
- Title: Microsoft Dynamics AX 2012 R3 Financial Management
- Author(s):
- Release date: February 2015
- Publisher(s): Packt Publishing
- ISBN: 9781784390983
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