Setting up a New Company in Microsoft Dynamics AX 2012

by | Updated June 15, 2016 | Dynamics AX, Set Up

Since I’m starting up my new business and using Dynamics AX as my Enterprise Resource Planning platform, I want to walk you through the steps I’m taking to set up AX for my new business.  When my accountant asked me what software I’d be using to run my small business I said Dynamics AX which is like using a sledgehammer to pound in a nail.  For me, the ability to dogfood the product and talk about how it’s used internally at an intimate level is a big selling point.

In previous versions of Dynamics AX, you could set up companies that represented separate legal entities, but with the new organization model in AX 2012, you can set up organizations that are either separate legal entities or divisions within a company that you want to measure separately.

In my case, I’m just starting to set up my corporation, Stoneridge Software Inc.  To do this I go to Organization administration under Setup and click on Legal Entities:

Organization legal entities

From there I click “New” to create the new entity and enter the following information in this screen:

Create new legal entity

New Legal Entity Pop-up

I chose the company code of “SS” (the max is 4 digits) so that’s what will be represented in the title bar when this organization is selected.

There are many options in the Legal entity window, so I’ll start by entering my default language and time zone.  While I’m in here, I’m also going to add in my Company Logo and that option’s on the top of the screen:

company logo

In a future post, we’ll get into how to get address data in the system.  Dynamics AX does not come loaded with default address information, outside of countries, so to set up your address, you’ll need state and county information.

Related Posts

  • Since the release of Microsoft Dynamics 365, there have been a lot of rumors around when Microsoft support for Dynamics AX 2009 and Dynamics AX 2012 will end. Microsoft Dynamics AX support…

  • This post is meant especially for new users of Microsoft Dynamics AX. I think it is important to be aware of different shortcuts that are available to help your speed and ease…

  • Have you ever found yourself applying the same filter to a list page in Microsoft Dynamics AX 2012 over and over? If so, this quick and easy tip will save…

0 Comments

Submit a Comment

Your email address will not be published.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

Upcoming Events

april

31mar01aprTraining Class: Financial Reporting W/Account Schedules for Dynamics 365 Business Central

07apr2:00 pm2:30 pmEnsuring Quality for Batch Manufacturers

08apr11:00 am12:00 pmConfab with Stoneridge - Livestream - Jumping into the Deep End of the Data Lake

14apr10:00 am10:30 amBoost Seller Productivity and Close More Business with Dynamics 365 Sales

21apr10:00 am10:30 amSetting Your Sales Team Up for Success: A Modern Look at Revenue Operations

21apr12:00 pm1:00 pmGetting Started with Barcode Scanners and WMS Apps for Business Central

21apr2:00 pm3:00 pmMoving to the Cloud: Today's Solution for Leading Field Service Companies

22apr11:00 am12:00 pmConfab with Stoneridge - Livestream - Moving from Manual to Automated with Strategic Automation Strategies

28apr10:00 am10:30 amThe Modern Manufacturer: Best Practices for Inventory Turnover

28apr12:00 pm1:00 pmPower Up Microsoft Dynamics by Automating Budgeting, Dashboarding and Reporting

may

05may10:00 am10:30 amAchieve More with Zetadocs for Business Central

05may2:00 pm2:30 pmSimplifying Item Pricing, Availability, and Tracing for Batch Manufacturers

06may11:00 am12:00 pmD365 Field Service – New Features to Empower Your Remote Workforce

12may10:00 am10:30 amThe Modern Manufacturer: Manufacturing Software in the Real World

12may12:00 pm12:30 pmFinancial Implications of Moving from Dynamics GP to Dynamics 365: Licensing and Infrastructure

17may(may 17)8:00 am28(may 28)11:00 amDynamics 365 Finance & Supply Chain Development Training - Online Workshop

26may10:00 am10:30 amThe Modern Manufacturer - Enterprise Asset Management

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