A practitioner’s musings on Dynamics 365 Finance and Operations
In Dynamics Ax 2012, you can create Vendor Reasons, These reasons helps to describe codes used to against the vendor, vendor transaction and vendor task. A reason code is used to justify the why change or transaction occurs.
You can find Vendor reasons in Account Reasonable Area Page.
You can add vendor reason from Vendor Reason Form
If you go AOT you find that Data store in ReasonTable
Today I decide to start Exploring the functional side of Dynamics AX 2012. The starting point certainly to create legal entity and explore the further options.
To Create a legal entity you have to open the legal entity form by the following link
From General Tabs You can update following important information for legal entity
Address Fast Tab:
From Address Fast tab: you can address information.
Click on Add button or Click on Edit button you can find more options.
You can add Contact information from Contact fast There
There are 4 types of contact you can create
From Tax 1099 you can enter withholding tax information.
Statutory reporting fast tab, you can enter the registration information which will be used for statutory reporting.
Banking information can be add Banking information fast tab.
Foreign trade and logistics Fast tab you can address shipment address
If there is any Sequence number associated with legal entity that can be shown from here.
reference : http://technet.microsoft.com/en-us/library/hh242184.aspx
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.
