Heart of Dynamics 365 Finance : Main Accounts (Part – 2)

I hope you enjoyed my last blog on Main Account (Part-1). As we know Main account is key part of chart of accounts I have tried my best to provide the explanation on Key fields on Main Account form up to General Tab. Now, Let’s understand the important filed and parameters of Main Account form... Continue Reading →

Alert:- Prepare for dimension table changes in Financial Dimension Framework

Effective December 1, 2020, for all 10.0+ versions of Dynamics 365 Financial Dimension Framework we are preventing deletion from the following Dimension tables: DimensionAttributeDimensionAttributeValueDimensionAttributeSetDimensionAttributeSetItemDimensionAttributeValueSetDimensionAttributeValueSetItemDimensionAttributeValueCombinationDimensionAttributeValueGroupCombinationDimensionAttributeValueGroupDimensionAttributeLevelValue This change is applied directly in the database and follows the same business logic that is used within the application. These changes protect the integrity of the financial accounting data. Any customizations... Continue Reading →

Fixed Price percentage completion Contract with Milestone Billing – Full Cycle

Project Type : Fixed Price Percentage Completion - with work in progress Billing Rule : Milestone Project group Setup: Project Transaction Summary: Activity Sub activity Type Description  Qty  Cost / Unit  Cost Value  Sales / Unit  Sales Value 1 1.1 Item Item-001               12.00               140.00              1,680.00                 168.00              2,016.00 1 1.2 Item... Continue Reading →

Categories in Project Management & Accounting Module of Microsoft Dynamics AX 2012

Instruction:- For practice of Accounting and Reporting always use demo data of "USSI" legal entity provided by Microsoft. Creation of category group, Shared category, and Project category All categories basically identify by "Category Group", so lets understand how to create "Category Group". Go to USSI-->Project Management and Accounting-->Setup-->Categories-->Category groups New Category Group: Project While creating Category... Continue Reading →

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