What this book covers

Chapter 1, Getting Started with Microsoft Dynamics AX 2012, explains the ERP concept, integration of modules, the financial posting mechanisms in Microsoft Dynamics AX 2012 R3, the role of consultant in implementation team, Microsoft Dynamics Sure Step implementation methodology, Microsoft Dynamics Lifecycle Service, and the Microsoft Dynamics AX 2012 R3 user interface.

Chapter 2, Understanding the General Ledger, explains the usage of main accounts, control points, and the Microsoft Dynamics AX 2012 R3 shared financial data concept. It also gives you a practical insight on opening balance tips and month-end closing procedures.

Chapter 3, Understanding Cash and Bank Management, will help you understand the cash and bank management module integration, controls, the bank reconciliation process, and then cover the bank facility function.

Chapter 4, Understanding Accounts Payable, focuses on integrating Accounts payable with other modules, the vendor transactions, invoices, payment, and prepayment, in addition to vendor controls and basic master data.

Chapter 5, Understanding Accounts Receivable, focuses on integrating Accounts receivable with other modules, the customer transactions, sales invoices, free text invoices and its correction, in addition to customer controls and basic master data.

Chapter 6, Exploring Fixed Assets, focuses on the integration of fixed assets with other modules and their transactions.

Chapter 7, Functioning of Cash Flow Management, focuses on the integration points between cash flow management and other modules in Microsoft Dynamics AX, provided with basic setups, configuration, and cash flow transaction.

Chapter 8, Working with Cost Management, covers the inventory costing model in Microsoft Dynamics AX 2012 and provides information about inventory cost setups and configuration, inventory reconciliation with general ledger, recalculation, and closing.

Chapter 9, Exploring Financial Dimensions, focuses on financial dimensions model in Microsoft Dynamics AX 2012, its practical utilization, and its reporting.

Chapter 10, Exploring Financial Reporting and Analysis, will help you to find out the reporting needs at early stages of the implementation project and what sides you should consider during the project's life cycle. It also explores Microsoft Dynamics AX inquiry forms and SQL Reporting Services (SSRS) reports.