IFRS for Microsoft Dynamics AX - 6 Gen
IFRS for Microsoft Dynamics AX - 6 Gen
IFRS for Microsoft Dynamics AX - 6 Gen
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Key ERP Requirements<strong>Dynamics</strong> <strong>AX</strong> Functionality●Specific <strong>IFRS</strong> financial statementspresentation and disclosure●Reporting flexibility through multiplereporting tools (e.g. <strong>AX</strong> Financial Statementand <strong>AX</strong> Management Reporter)●●●Nature vs. function reportingOther comprehensive IncomeDetailed continuity disclosure of writedowns,write-ups, disposals, transfers,etc. (e.g. PP&E)●●●●Multiple GAAP financial statements arereportable through reporting hierarchies,dimensions and reporting toolsValidation, parameters setup, and journalsetup/controlsMulti-GAAP posting layersPredefined reports, such as financialstatements or online analytical processing(OLAP)●XBRL Support●Multiple retained earnings accounts●Posting by transaction type enablesreporting of disclosures23
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