microsoft dynamics ax cost center mapping

Multiple currency handling and exchange rate adjustmentĪccounts Receivable Financial Management - Accounts Receivable Features Include:.Export and import formats for electronic payments.Invoice registering and approval process.Payment proposal feature with flexible payment method.Flexible terms of payment and cash discounts.For example, you can create and manage purchase orders and planned purchase orders, use various kinds of journals, and settle vendor invoices. You can set up vendor groups, vendors, posting profiles, various payment options, parameters concerning vendors and purchase orders, prices and discounts, charges, supplementary items, deliveries and destinations, promissory notes, and so on.ĭepending on your setup, you can then perform many tasks that are related to vendors and purchases. In the Accounts payable section, you track all purchases and outgoing expenditures to vendors. Microsoft Dynamics works like and with familiar Microsoft software, automating and streamlining financial, customer relationship and supply chain processes in a way that helps you drive business success. Microsoft Dynamics' is a line of integrated, adaptable business management solutions that enables you and your people to make business decisions with greater confidence. Microsoft Dynamics AX also helps drive global business opportunities because it supports high transaction rates and thousands of users across multiple sites, and supplies built-in languages, currencies, and legal requirements for more than 30 countries.īecause it integrates with widely-familiar Microsoft products–such as Microsoft SQL Server, BizTalk Server, Exchange, Office, and Windows–employees can work with the tools they are likely to be already familiar with, lowering training costs. The solution is particularly well-suited to manufacturers operating in a mixed-mode environment. The solution has broad functionality that supports build-to-order, engineer-to-order, and build-to-forecast supply chain models, across both discrete and batch-process manufacturing modes. Microsoft Dynamics AX can be tailored to support the exact needs of a manufacturing business, while delivering a low total cost of ownership (TCO).

Its core strengths are in manufacturing and e-business, and it includes strong functionality for the wholesale and services industries. Please view that page for further information.ĭesigned for mid-size and larger companies, Microsoft Dynamics AX (formerly Microsoft Axapta) is a multi-language, multi-currency enterprise resource planning (ERP) solution. Dynamics AX has been rebranded to Dynamics 365 Finance.

Microsoft dynamics ax cost center mapping