Mass Closing of Financial Periods Included in Dynamics AX 2012 R3

by | Updated March 28, 2019 | Dynamics AX, Financials

I recently was at the point in a client’s implementation where we were discussing the month-end processes. When we got to the part about closing the financial periods (or putting them on hold), I had to explain that Dynamics AX didn’t have an easy way of handling this, but that some clients export the data from the Fiscal period tables into Excel using either the Dynamics Excel Add-in or Atlas and change and update the statuses using that method.

When I did a web search to see what others were reporting on, imagine my surprise to find out that Microsoft had recently released new functionality for Dynamics AX 2012 R3 to do mass closing of financial periods. The short description of the functionality is that it allows you to mass close periods across legal entities from a single screen. The more detailed description, including screenshots, can be found at this mass financial period close Microsoft blog. The KB number on this is KB3146578, and it appears to only be available for AX 2012 R3. I can’t predict whether Microsoft will backport this to their other AX platforms, but for those of you on R3, this should prove to be a timesaver.

Related Posts

  • The first post-R3 cumulative update, Cumulative Update 8, is now available for Microsoft Dynamics AX 2012 R3.  This release contains all of the fixes from AX 2012 R2 plus new fixes…

  • Microsoft has released its latest Cumulative Update for Dynamics AX 2012 R3 – Cumulative Update 9 (CU9). Knowledge Base Article 3063879 CustomerSource Article Link: KB Article 3063879 Direct Download: Not available…

  • The Safari browser is now supported natively on Dynamics AX 2012 R2 as well as being supported on Dynamics AX RTM with a hotfix.  Taken from the updated System Requirements…

0 Comments

Submit a Comment

Your email address will not be published.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

Upcoming Events

september

02sep10:00 am10:30 amThe Modern Manufacturer - Cycle Count Management

02sep12:00 pm12:30 pmBest Practices for Work Order Planning and Routing for Field Service Companies

09sep10:00 am11:00 amWhat is Levridge? An Overview of the Ultimate Ag Solution

09sep12:00 pm12:30 pmOverview of Microsoft Promotion for NAV and GP Clients

10sep11:00 am12:00 pmConfab with Stoneridge - Livestream - Field Service Comparisons

16sep10:00 am10:30 amThe Modern Manufacturer - Product Lifecycle Management

16sep12:00 pm12:30 pmHow to Upgrade to Dynamics 365 Finance and Operations: Examining Custom Code and ISV Implications

16sep2:00 pm2:30 pmScheduling and Dispatching for the Modern Field Service Company

23sep12:00 pm1:00 pmDynamics 365 Business Central Wave 2 Release Preview - An Overview of the Most Exciting New Features Coming in October

24sep11:00 am12:00 pmConfab with Stoneridge - Livestream - The Modern Workplace: Teams, Sharepoint, Outlook, Office, and AI Integration

30sep10:00 am10:30 amThe Modern Manufacturer - Return Management

30sep12:00 pm12:30 pmEmpowering Your Field Service Technicians with a Mobile Solution

october

07oct12:00 pm1:00 pmThe Three Paths to Business Central from Dynamics GP

08oct11:00 am12:00 pmConfab with Stoneridge - Livestream - The Vision and Strategy of Microsoft Business Systems

14oct10:00 am10:30 amThe Modern Manufacturer - Complex Cost Modeling

14oct12:00 pm12:30 pmGenerating Custom Inspection or Process Forms

19octAll Day22Stoneridge Connect Fall 2020

22oct11:00 am12:00 pmConfab with Stoneridge - Livestream - Stoneridge Connect Recap

28oct10:00 am10:30 amThe Modern Manufacturer - Engineering Change Orders

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