TAILIEUCHUNG - Financials II in Microsoft Dynamic AX 2012 - Chapter 11: Year-end close

Financials II in Microsoft Dynamic AX 2012 - Chapter 11: Year-end close. In this chapter, the learning objectives are: Create a new fiscal year, control transactions in a closing period, hold or close a period, create a closing sheet, make adjustments or transfers between accounts, transfer opening balances, set up fiscal year close parameters. | Chapter 11: Year-End Close CHAPTER 11: YEAR-END CLOSE Objectives The objectives are: • Create a new fiscal year. • Control transactions in a closing period. • Hold or close a period. • Create a closing sheet. • Make adjustments or transfers between accounts. • Transfer opening balances. • Set up fiscal year close parameters. Introduction At year-end, it is always necessary to: • Make adjustment entries that reflect transactions from the previous year. • Print reports, including financial statements. • Back up data. • Create a new fiscal year and transfer opening balances. Microsoft Official Training Materials for Microsoft Dynamics® Your use of this content is subject to your current services agreement 11-1 Financials II in Microsoft Dynamics® AX 2012 Fiscal Year-End Tasks The following list assists in closing a fiscal year in Microsoft Dynamics®AX. • Create a new fiscal year. • Set the appropriate periods to On hold in the fiscal year being closed to prevent any accidental postings. • Open the year-end closing period in the fiscal year being closed to enable posting of any necessary closing entries. • Make any adjusting entries by using either the closing sheet or by using the general journal. • Print final financial statements. • Print 1099s for any vendor that requires a 1099 statement. • Back up data. • Transfer opening balances into the new fiscal year either automatically or manually. Check the related General Ledger parameters before the transfer. • Reset number sequences. This is an optional step, and not recommended unless required by local authorities. NOTE: If you use the Inventory module, run the Inventory Close process through the end of the fiscal year. For more information about this process, refer to the Distribution and Trade training material. Create a New Fiscal Year Consider the following when you create a new fiscal year: • The first step in the year-end closing process is to create a new .

• Cơ sở dữ liệu
• Microsoft Dynamics
• Financials for Microsoft Dynamics
• Year end close
• Control transactions
• Closing period
• Fiscal year end tasks
• Microsoft Dynamics training materials
• Microsoft Dynamics AX 2012
• Microsoft Dynamics courseware
• Training materials
• Concepts of budgeting
• Microsoft Dynamics AX
• Budgeting configuration
• Planning for basic budgeting
• General ledger setup
• Chart of accounts setup
• Journal setup
• General ledger daily procedures
• Manage budgets
• Commitment accounting
• Cash flow management
• Financial statements
• Row definition
• Financial statement setup
• Financial statement row
• Default controls library
• Mapping wizard
• Audit policies
• Audit policy violations
• Exchange rate setup
• Currency setup
• Display currency
• Main account categories
• Accounts setup
• Chart of accounts
• Working with journals
• Journal types
• Create journal names
• General ledger journal
• Enter general ledger transactions
• Create ledger posting groups
• Create sales tax authorities
• Sales tax settlement periods
• Create sales tax codes
• Financial features
• Financial reason code
• Reason comments
• Fill utility
• Bank management setup
• Cash bank transaction types
• Bank transaction groups
• Bank management daily procedures
• Create checks
• Deposit slips
• Deposit slip payment
• Accounts payable setup
• Payment schedules
• Payment days
• Cash discounts
• Accounts payable daily procedures
• Accounts payable
• Invoice register
• Financial dimensions
• Accounts receivable setup
• Payment schedule
• Free text invoice
• Open free text invoice
• Payment proposal
• Payment journal
• Sales tax setup
• Budget amounts
• Budget transfer
• Budget reporting
• Budget controls
• Setting up encumbrances
• Purchase order encumbrances
• Cash flow forecasting
• Accounts receivable parameters
• Posting profiles
• Currency revaluation accounts
• Currency rounding
• Foreign currency revaluation
• Accounts receivable
• Advanced payments
• Bridging accounts
• Payment type
• File tracking