The Microsoft Dynamics AX 2012 Financial Management module provides fast, reliable and comprehensive accounting, financial reporting, and analysis. It also provides all the functionality required to update accounts efficiently and comply with reporting requirements.
Capabilities of the Financial Management module include General Ledger, Liquidity Management (Bank Management), Accounts Receivable, Accounts Payable, Fixed Assets, Expense Management. Starting with a larger overview and drilling down to the details.
Microsoft Dynamics AX 2012 helps companies learn from historical data, investigate opportunities, and to quickly target markets and customers with accuracy.
Financial Management offers the following key features:
• General Allocation.
• Dimension Control.
• Financial statements.
• Tax and Reporting.
• Bank Credit Control.
• Documentation Process like Letter of Credit, Letter of Guarantee.
• Multi- and second-currency management.
• Intercompany accounting and consolidation.
• Budget Accounting.
• Commitment Accounting.
• Encumbrance Accounting.
• Cash Flow Forecasting.
• Fixed assets.
• Credit assessment and credit control.
• Electronic payment.
• Handling of drafts/promissory notes.
• Audit trail.
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