Financial Dimensions Unavailable Budget Configuration in AX 2012 R1- Why?

by | Updated November 18, 2015 | Dynamics AX, Financials

AX 2012 R1 has expanded budgeting functionality, which has been moved to a transaction-based process via the budget register entry. Similarly to AX 2009, AX 2012 allows you to budget both at the main account level and the main account/financial dimension level. The financial dimensions that you have available to include in budget amounts are going to be dependent upon how you have your account structure/advanced rule configuration for the account structures that are being used for the legal entity’s Chart of Accounts that you are working in. It is important to note that financial dimensions that you have added to an account structure via the advanced rule logic are NOT available for budgeting. Please consider the following example:

Assume that you have a legal entity called CEU which is assigned to a Chart of Accounts called ‘Corporate’. The CEU legal entity that has the following financial dimensions that they’d like to use:

CONTINENTS:

  • NORTHAMERICA
  • SOUTH AMERICA

COUNTRIES:

  • AMERICA
  • CANADA
  • BRAZIL

STATES:

  • MINNESOTA
  • CALIFORNIA

The ‘Corporate’ Chart of Accounts that is assigned to the CEU legal entity then has the following account structure configurations:

ACCOUNT STRUCTURE – BS

MAIN ACCOUNT (contains all Balance Sheet accounts)

ACCOUNT STRUCTURE – PL

MAIN ACCOUNT (contains all Profit/Loss accounts) – CONTINENTS – COUNTRIES

In this configuration, the CEU legal entity does not want to use financial dimensions for their balance sheet accounts. However, the CEU legal entity wants to use the financial dimensions of CONTINENTS and COUNTRIES so that the continent and country financial dimension gets passed into the postings against Profit-and-Loss account transactions in the CEU legal entity. Assume that in this configuration, the CEU legal entity also has an advanced rule aligned to the ACCOUNT STRUCTURE – PL account structure so that when COUNTRIES = USA, the dimension of STATES becomes available.

When this advanced rule is mapped to the ACCOUNT STRUCTURE – PL account structure to open up the STATES financial dimension when the USA COUNTRY is selected, the STATES financial dimension will not be available to use in budgeting because the STATES financial dimension is mapped to the account structure via an advanced rule. In our example, if you go to Budgeting | Setup | Dimensions for budgeting, the STATES financial dimension will NOT show up.

It is important to keep in mind from a planning/configuration standpoint that financial dimensions opened up via advanced rules on account structures will not be available for use in budgeting.

Ryan Kleven

Related Posts

  • In AX 2012 you can set the value for a specific dimension using code similar to what is below. DimensionAttributeValue         dimAttrValue; DimensionAttribute              dimAttr; DimensionAttributeValueSetStorage davss; RecId                defaultDimension; davss = DimensionAttributeValueSetStorage::find(this.DefaultDimension); dimAttr…

  • AX 2012 R1 did not allow you the ability to fix a financial dimension value for a given main account. However, AX 2012 R2 has added functionality allowing you to…

  • Have you ever needed to use the Financial Dimensions button for invoice pools in Dynamics AX? On a client site recently, using Dynamics AX 2012 R3, we encountered a puzzling…

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Upcoming Events

september

01sep10:00 am10:30 amEnsuring Quality and Compliance for Batch Manufacturers in Life Sciences

01sep12:00 pm12:30 pmIs it Worth It to Move to the Cloud? A Look at Considerations for Current Agribusinesses Using Dynamics GP

01sep2:00 pm2:45 pmWhat’s New in Dynamics 365 Finance and Supply Chain

09sep11:00 am12:00 pmConfab Live with Stoneridge – Data Strategy and Reporting – Mining Decision Making Insights

15sep10:00 am11:00 amSolving the Biggest Challenges in Agribusiness Through Innovation and Technology

22sep12:00 am12:30 pmSimplifying Payroll and HR Management with ADP Workforce Now

22sep10:00 am10:30 amStreamlining Batch Manufacturing with Technology

22sep2:00 pm2:30 pmProcess Automation for Microsoft Dynamics D365 for Business Central, Finance and Operations and GP

23sep11:00 am12:00 pmConfab LIVE with Stoneridge - Riding the Wave 2 Release – Key Features Coming to Dynamics 365 this October

29sep10:00 am11:00 amTop Five Reasons Why NOW is the Right Time to Move from Salesforce to Dynamics 365 Customer Engagement

29sep12:00 pm12:45 pmUnderstanding Job Costing and Tax Management in Business Central

29sep2:00 pm3:00 pmDigitalizing Horticulture & Agriculture - How to Sell Plants Online and Simplify Business Management

30sep12:00 pm4:00 pmSecurity and Permissions Training for D365 Business Central or Dynamics NAV

october

06oct10:00 am10:30 amPreview of D365 Business Central Fall Release Features and Functionality

06oct12:00 pm12:30 pmInsider's Guide to New Features Available in the Fall Release of D365 Finance and Supply Chain

07oct11:00 am12:00 pmConfab LIVE with Stoneridge - Dataverse and Dynamics in Review – Let’s Get Technical

21oct11:00 am12:00 pmConfab LIVE with Stoneridge - Dataverse and Dynamics in Review – Let’s Get Functional

26oct(oct 26)9:00 am28(oct 28)5:00 pmStoneridge Connect Leadership and Community Conference

About Stoneridge
Stoneridge Software is a unique Microsoft Gold Partner, with emphasis on partner. With specialties in Microsoft Dynamics 365, Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP and Microsoft Dynamics CRM, we focus on attracting the most knowledgeable experts in the field to our team, and prioritize delivering stellar solutions with maximum impact for your business. At Stoneridge, we are deeply committed to your results. Each engagement is met with a dedicated team, ready to provide thorough, tailored, and expert service. Based in Minnesota, we intentionally “step into your shoes,” wherever you are. We focus on what you care about, and develop trusting, long-term relationships with our clients.

Subscribe To Our Blog

Sign up to get periodic updates on the latest posts.

Thank you for subscribing!

X