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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Financial consolidation
Microsoft Dynamics AX (Archived)

Financial consolidation

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Posted on by Community Member

Dear All,

I have a question from my current implementation

1) We have two legal entities in AX 2012 R3 with different financial dimension (one LE with 4 and second with 3 FD)

My questions are

1) For intercompany transactions between the two would there be any negative impact with the above design? If yes, what would be your recommended settings?

2) What would be the impact on financial consolidation for the two LE, if they have different financial dimensions? If there is negative impact, what would be your recommended solution?

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  • Suggested answer
    Nagendra Varma K Profile Picture
    Nagendra Varma K on at

    HI Baljeet,

    Can you provide few more details, Like what level of consolidation you are trying to implement, Is the above consolidation you are talking in Management reporter, What kind of reports are you configuring, Even though there are different number of dimensions AX supports reporting tree definitions which can be configured as per FD for each entity.

    Thanks

    Nagendra Varma K    

  • Ludwig Reinhard Profile Picture
    Ludwig Reinhard Microsoft Employee on at

    Hi Baljeet Chadha,

    In addition to what Nagendra Varma K asked below...

    (1) Do you consolidate based on the main accounts that you use or are some of your financial dimensions also necessary for consolidation purposes? To make this question more concrete: Do you have separate intercompany main accounts for all of your entities or do you use one single intercompany account and differentiate the legal entities based on their financial dimension?

    (2) If you do not not need the financial dimensions for consolidation purposes, there is no negative impact. If you need them on the other hand side for example because the Company/Sender/Receiver Information is included in one of your financial dimensions, you should possibly use the same for both companies. Yet, if you consolidate in MR you are pretty much flexible how to setup the mapping between the accounts&financial dimensions of your legal entities.

    Best regards,

    Ludwig

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