Monday, 12 January 2015

Financial Dimension Templates

AX 2012 has a feature to define Financial dimension templates. Entering financial dimensions for a transaction can be tedious especially if number of financial dimensions are more than five and if it involves percentage distribution between different dimension values. To save time users can predefine dimension values with percentages. Finance users have more control over financials. Business users like AR Executive have to select the required template. This is useful for periodic transactions. Microsoft is aiming at improving productivity of users. Users should be trained to use these features in day to day tasks.
For more information on financial dimension templates refer technet

Corrections, Cancellations - Receipts

AX 2012 provides functionality to make corrections after product is received. Receipt can also be cancelled.
1. Corrections: Can make corrections in receipts. Example change received quantity. However, user cannot enter comments e.g. Reason for correction. Improvement scope for future versions. 
2. Cancellation: Can cancel receipt.
1. GL, Inventory transactions are created automatically for correction and cancellation.
2. Versions are maintained. Can compare versions and view differences between versions.