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Transcript of Close subsidiary ledgersPost month-end entries such as depreciation, intercompany, recurring...
Microsoft Dynamics AX Technical ConferenceFebruary 3–5, 2014Bellevue, WA
Consolidate Your Way with Management ReporterHeidi Minzner Jill CarterPrincipal Program Manager Lead Senior Program Manager
IntroductionWe are excited to share Microsoft Dynamics AX 2012 R3 with you…• This presentation contains Microsoft confidential information• Dynamics AX 2012 R3 is pre-release software and subject to change• Microsoft provides no license, express or implied, in this presentation• Please review and respect the disclaimer included in all printed
and electronically distributed materials
Month-end close processClose subsidiary ledgers
Post month-end entries such as depreciation, intercompany, recurring journals
Revalue currencies
Run un-adjusted trial balance
Post adjustments and/or allocations
Run adjusted trial balance
Run preliminary consolidated financial statements
Make final adjustments
Run financial statements and review
Microsoft Dynamics AX
Microsoft Management
Reporter
Include actual, budget, budget control, and budget planning data
$¥€
Drill back to original transaction for any company
Use all and/or unlimited dimensions for full analysis and audit
Generate any time, no wait
Bring in data from multiple Microsoft Dynamics ERPs, including Microsoft Dynamics AX 2012 and Microsoft Dynamics AX 2009
Use multiple instances of Microsoft Dynamics AX 2012
View in multiple reporting currencies
Benefits of using Management Reporter for reporting consolidation
Consolidate the way you need to see it
Basic
Single companies
Same chart of accounts and fiscal periods
Basic with eliminations
Subtract eliminations from consolidated total
Minority ownership
Subtract non-controlling interest
Consolidate subsidiaries
Include data outside of Microsoft Dynamics
Multiple chart of accounts (COA)
Consolidate companies with different COA
Reporting currencies and consolidation
Pick the reporting currency
Basic
Same chart of accounts
Same fiscal periods
Basic consolidation
Heidi Minzner
• Create a reporting tree with multiple companies
Steps to a basic consolidation
Basic with eliminations
Same chart of accounts
Same fiscal periods
Including intercompany accounts for eliminations
Basic consolidation with eliminations
Heidi Minzner
• Create a reporting tree with multiple companies
• Use a column definition with dimension filters for elimination accounts
• Create a column calculation to subtract eliminations from total
Steps to a basic consolidation with eliminations
Minority ownership
Same chart of accounts
Same fiscal periods
Including intercompany accounts for eliminations
Subtract minority interest as its own line
Minority ownership
Heidi Minzner
• Use Rollup% in reporting tree definition or do it with a calculation in column or row definition
• Show as part of roll up or as a separate line on report• Use If Then Else with @Unit• Add column restrictions
Steps to consolidation with minority ownership
• Subsidiary information outside of Microsoft Dynamics ERP
Consolidate subsidiaries
One or multiple Microsoft Dynamics ERPs
One or multiple versions of Microsoft Dynamics ERPs
Subsidiaries outside of Microsoft Dynamics ERP
Consolidate subsidiaries
Jill Carter
• Create Excel file(s) containing the data from the non-Microsoft Dynamics ERP
• Add a new Row Link in the row definition to use to Link to External Worksheet
• Add cell references to the rows in the row definition• Add a column type of WKS (amounts from external worksheet)
to the column definition• Indicate the Row Definition, External Link, and External File
location for each node in the reporting tree that needs to pull data from Excel
• Select “Use row definition from reporting tree” in the Report Definition
Steps to consolidate subsidiaries
Multiple chart of accounts
One or multiple Microsoft Dynamics ERPs
One or multiple versions of Microsoft Dynamics ERPs
One or multiple chart of accounts
Multiple chart of accountsJill Carter
• Create a second Link to Financial Dimensions in the row definition for each unique chart of accounts• Tip: Give it a friendly name so it’s easy to identify in the reporting tree
definition• Map the accounts to the appropriate lines• Select the row definition in the reporting tree definition • Choose the correct row link for each unit of the reporting tree
Steps to consolidate with multiple chart of accounts
Reporting currencies and consolidation
Exchange rate types and default rate types in Microsoft Dynamics AX
Companies translated to accounting currency of selected company
Any report, any currency in the viewer
Reporting currencies side by side
Reporting currencies and consolidation
Jill Carter
• Simply select the reporting currency in the web viewer!OR• Choose the Currency Display in the column definition to see
multiple currencies side by side
Steps to consolidate with reporting currencies
Other consolidation scenarios
Microsoft Dynamics AX 2009
Different fiscal periods
Consolidate by business unit
Get quick tips and sample reports
View feature videos
Access Management Reporter training material
Download Management Reporter
Management Reporter blog: Your one stop for everything Management Reporter
Stay up to date on the latest Management Reporter news
THANK YOU for attending! Your feedback is extremely important, please complete an evaluation using one of the following options:
• On the fly from the mobile event app• Communications Kiosks located in the Evergreen Foyer, Grand
Ballroom Foyer and Regency Foyer
• Via the Dynamics AX Technical Conference website: www.microsoft.com/dynamics/axtechconference
DisclaimerThis presentation contains Microsoft Confidential Information. Microsoft may use any suggestions, comments, or other feedback that you provide for any purpose without obligation. This presentation is provided for informational and training purposes only. It represents Microsoft’s view as of the presentation date. Microsoft cannot guarantee the accuracy of any information after the presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted as a commitment on Microsoft’s part. This presentation is provided “as-is”.
Microsoft Dynamics AX 2012 R3 is pre-release software under development. All dates, features, and descriptions specified are preliminary, are based on current expectations, and are subject to change at any time without notice.
Sample code included in this presentation is made available AS IS. THE ENTIRE RISK OF THE USE OR THE RESULTS FROM THE USE OF ANY SAMPLE CODE REMAINS WITH THE USER.
MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION. NO LICENSE (EXPRESS OR IMPLIED, BY ESTOPPEL OR OTHERWISE) TO ANY INTELLECTUAL PROPERTY RIGHTS IS GRANTED BY THIS PRESENTATION.
© 2014 Microsoft Corporation. All rights reserved.
© 2013 Microsoft Corporation. All rights reserved. Microsoft, Windows and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries.The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.