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Ali Raza Zaidi

A practitioner’s musings on Dynamics 365 Finance and Operations

Dynamics Ax 2012: Configuration of basic Setup or basic company data in Dynamics Ax 2012

November 4, 2013 by alirazazaidi

Recently I made a new Virtual machine for dynamics Ax 2012. The issue was the VM was clean, no legal entity and no step up data present in it. Purpose of making this virtual machine is to study functional side of dynamics Ax 2012. On Searching start up data, I found excellent article by MVP Murray Fife.

Murray Fife identity following steps for configuration of dynamics Ax 2012
Configuring the Legal Entity:
This is require for Legal entity, form which everything will operate. In my Case it will be Lahore 01 i.e. lh01 Legal entity.
Configuring a Business Unit:
For ledger it is a better to create a new business unit for Legal Entity.
Configuring Account Structures:
Account structure will be required to post new company ledger from within the organization.
Configuring Company Ledger:
After configuration of account structure, company ledger will link to this structure and define the Account codes.
Configuring Automatic Transaction Accounts:
There is requirement of auto transaction accounts at organization level.
Creating a Bank Account:
Last step is configuration of Default Bank Account.

The complete article by MVP Murray Fife.

Configuring a Basic Company in Dynamics AX

Filed Under: Dynamics AX 2012 Tagged With: Dynamics Ax 2012, Dynamics Ax 2012 functional side

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I am Dynamics AX/365 Finance and Operations consultant with years of implementation experience. I has helped several businesses implement and succeed with Dynamics AX/365 Finance and Operations. The goal of this website is to share insights, tips, and tricks to help end users and IT professionals.

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Content published on this website are opinions, insights, tips, and tricks we have gained from years of Dynamics consulting and may not represent the opinions or views of any current or past employer. Any changes to an ERP system should be thoroughly tested before implementation.

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