What is Dimensions

What is Dimensions at Ms Dynamics Ax 2009 | What is Dimensions characteristics at Ms Dynamics Ax | What is Dimensions separate accounts at Ms Dynamics Ax | What is Dimensions to analyse and classify financial transactions at Ms Dynamics Ax 2009 | What are the default dimension settings at Ms Dynamics Ax Details are given below.........

Dimensions have the following characteristics:

• Provide a more detailed description of a transaction.

• Simplify the accounting process when you enable detailed analysis without the creation of a detailed Chart of Accounts.

• Resemble separate accounts for:

o Departments

o Cost centers

o Purposes

• Are defined to analyse and classify financial transactions as follows:

o Financial transactions usually are organized according to voucher and account number.

o Additional grouping and classification options are available when you assign several dimensions to transactions.

• Enable you to view the data file from different perspectives to improve the effectiveness in tracking figures across accounts.

• Can be used throughout the system.

• Add dimensions to base data such as:

o Ledger accounts

o Customers

o Vendors

• Are copied to transactions automatically.

Default Dimension Settings

Three default dimension settings exist:

• Department

• Cost center

• Purpose

NOTE: Use the Financial Dimension Wizard to create extra dimensions in Microsoft DynamicsAX 2009. It requires a MorphX license to add extra dimensions in the application. To access the wizard, click Microsoft Dynamics AX, click Tools, click Development Tools, click Wizards, and then click Financial Dimension Wizard. The number of financial dimensions is finite, however, the number of dimension values within a financial dimension is infinite.

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