Microsoft Dynamics AX 2012 R3 – Performance Improvements for Transfer of Opening Balances to a New Fiscal Year in Multiple Legal Entities Simultaneously

Dynamics AX Opening Balances

The Microsoft Dynamics AX 2012 R3 release has some performance improvements built in for transferring opening balances to the new fiscal year for multiple legal entities simultaneously. Before R3 release, transferring of opening balances for multiple companies, one at a time caused performance issues. The transfer of opening balances deletes the balances from all legal…

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GL Setup for Main Accounts in Microsoft Dynamics AX 2012

GL Setup for main accounts dynamics ax

In Microsoft Dynamics AX 2012 R2 and R3 there are some fields on the General ledger>Common>Main accounts that must be configured for each legal entity (Company).  Also there are some fields on the Main account that cannot be configured for the legal entity but are configured at the Chart of accounts level.  Of course, the…

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