Dynamics Ax Year-End process

Please find the Year-end closing process below: Step 1: Create a new fiscal year Path: Dynamics Ax > General Ledger > Setup > Periods > Periods Click button ‘Create new fiscal year’ Click ‘OK’ 12 monthly lines get created with open status. Step 2: Control transactions in a closing period Path: Dynamics Ax > General Ledger > […]

Pre-Requisites Dynamics AX year End Closing

1.    Complete month-end and other period closings in all modules other than General ledger. 2.    Reconcile the modules and the ledger. 3.    Print the Trial balance, Account statement, Financial statement, and required reconciliation reports. 4.    Set appropriate periods to Stopped for the current fiscal year. 5.    Update the company currency value of balances and transactions […]

Dynamics GP Payable Management Setup

Payables Management Setup For information regarding the setup of the Payables Management module, refer to the Great Plains Payables Management manual. Vendor Maintenance cards –>> purchasing –>> vendor The foundation of the Payables Management module is your collection of vendor records. This information is used to track the status of vendors and to print reports. […]