Article

The Future of the New Dynamics AX: Ten Financial Features I Would Like to See Microsoft Add Next

by Yogesh Kasat
Consultant & Founder, Real Dynamics

We have looked at some of the positive changes that Microsoft has made to the general ledger in the new Dynamics AX in part one and two of this series, from global journal entry and fiscal dimension improvements to financial close capabilities and Management Reporter updates. As Microsoft has set the bar very high, I (and customers) are going to look for more.

Microsoft is listening to the feedback of the Dynamics AX community more than ever before. Input from the customers and partners will add features that will improve productivity and reduce the need for customizations.

Here is a list of features I will be voting for on the Microsoft Connect website:

  1. Multi-GAAP Support: Extending the use of multiple layers outside the general ledger and the ability to setup sub ledger posting profiles by posting layer. This is a similar concept to what is currently supported in the Fixed Assets sub-ledger.
  2. Global journal upload and voucher inquiry: The ability for a user to upload a Journal from Excel across companies through a single file. The ability for users to configure a journal template including the addition of financial dimensions. On intercompany vouchers, the ability to see a global view on single screen.
  3. Allocations functionality in General Ledger -
    1. Ability to run allocations irrespective of the legal entity you are in. In other words, running them from a centralized location for all legal entities
    2. Ability to define dependencies between allocations and schedule multiple allocations together
    3. Allocations based on the ...

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About Yogesh Kasat

Yogesh Kasat is Founder & Principal at Real Dynamics and one of the FastTrack recognized architects. He has authored books on implementing Dynamics 365. He has helped several enterprise customers on their solution architecture and right sizing licensing. He can be reached at Yogesh.kasat@realdynamics.com for guidance on Dynamics 365 licensing.  

To learn more about the author, visit: https://www.linkedin.com/in/yogeshkasat 

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