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On Ax2012, Select Organization Administration, Setup, Document Management, Document Data Sources
If you don't find any item of Data Type Source = 'Services', add one:
Module: General Ledger
Data Souce Tyep : Service
Data Source Name: BudgetTransactionService.
Select 'Activate' to activate the data source.
On MS Excel 2010, Choose 'Dynamics Ax' tab, then click on 'Add Data'. As per the documentation, all data sources created in Ax must be visible here, but unfortunately it shows data sources of type 'Query'.
Go to System Administration -> Setup -> Services and Integration Framework and click on Inbound ports. In this list you should see your AssetServics, BudgetServices, LedgerSevices, etc. (whichever you're using) listed. They need to be activated in order for this to work.
Another place to look will be Organization Administration -> Setup -> Document management -> Document data source. This is where you can expose the services/queries to Excel Add-in users.
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