June 15th, 2012
Mohamed Aamer
Comments Off on Understanding the Development Roadmap of the Microsoft Dynamics Application Consultant

In my last article I discussed the application consultant skills set that a company should look for in a consultant, and the consultant’s role in ERP implementations according to Microsoft Dynamics Sure Step phases. The Microsoft Dynamics Partner Academy offers the application consultant a career development plan , and employers, whether they are Dynamics partners […]

May 26th, 2012
Mohamed Aamer
Comments Off on MS Dynamics AX 2012 Ledger settlement function

The ledger settlement is one of the main tasks performed by General Ledger accountant during monthly closing process, this function settle a ledger account transactions debit against credit, whether settle one ledger account transactions or settle transactions on different ledger accounts.  It is mostly used with clearing accounts, accruals accounts; its effect shown in ledger account transaction list only […]

April 15th, 2012
Mohamed Aamer
Comments Off on Understanding the Settlement Mechanism in Microsoft Dynamics AX

Settlement is an accounting transaction that occurs on accounts payable, accounts receivables, and general ledger. This transaction is used mainly for settling vendor invoices against vendor payments or advanced payment, and customer invoices against customer collections or advanced collection. Settlement could occur on general ledger transactions as well.               […]