• In 6.2 CU6, new menu items will be added to launch Management Reporter from Microsoft Dynamics AX 2012.
•In 6.0/6.1 CU5 and with the hotfix in AX, 6.2 users will now see a Management Reporter fast tab on the account and account template set up. This will enable them to do the appropriate setup for currency translation in Management Reporter RU6, scheduled in July.
We recommend that customers set this up now so they are ready to go in July for reporting purposes.
Use the following steps to load the Dynamics AX hotfix that adds the menu items:
•If you are on Dynamics AX 2012 R2, follow the steps in KB 2840107 in order to download the prerequisite update to Dynamics AX.
•Apply the update to Dynamics AX.
The hotfix will also be included in Cumulative Update 6 for Dynamics AX 2012 R2.
After the hotfix has been installed, you will have menu items available but they are not yet configured to launch Management Reporter yet.
Do I need to do anything in Management Reporter?
•Management Reporter needs to be updated to Rollup 5 (2.1.1037.12) or later.
•To finish setting up the Dynamics AX menu items, use the Management Reporter Configuration Console to publish the location of the MR server into Dynamics AX using the “publish server connection” action. Once this isdone, the Management Reporter server address and the default company will be supplied by Dynamics AX.
•The Management Reporter client will need to be installed where the Dynamics AX client is installed. This can either be on local machines or on one or more Terminal Servers.
How do I remove the existing Dynamics AX financial statement forms?
The ability to disable existing AX Financial Statement functionality and hide those menu items is done by via a license configuration key. If you are using Management Reporter you can disable this key to hide the existing X++ based financial statements.
1.Click into System within Dynamics AX
2.Under the Setup Area click on Licensing
3.Click on License Configuration
4.Uncheck the option for Financial statement (traditional)
5.Click OK
Management Reporter for Microsoft Dynamics ERP supports the creation of statutory and operational reports based on general ledger data and is the recommended solution for Microsoft Dynamics AX 2012. Management Reporter is used for the creation, distribution and analysis of financial statements and other financial reports and is included in the Microsoft Dynamics AX 2012 solution.
Management Reporter empowers decision makers to provide real-time insights into organizational results allowing business users to take action and align employee behavior with overall goals.
Some key benefits of Management Reporter include:
Direct integration with the Microsoft Dynamics AX 2012 general ledger (GL) — no need to create a custom connection to the primary data source
Ability to build custom reports based on Microsoft Dynamics AX ledger accounts and dimensions – with the ability to slice general ledger information into Rows, Columns, or Hierarchies to get insight into actionable information. Robust formatting helps highlight key areas on a report and create boardroom quality reports.
With Management Reporter, organizations can create financial reports based upon the
following data from Microsoft Dynamics AX 2012:
o Accounts
o Financial Dimensions
o Calendars/Fiscal Periods
o Posting Layers
o Account Categories
o Organizational Hierarchies
o Actual GL Data
o Budget Data
o Cash Flow Forecasts
o Budget Reservations
o Adjustments
o Currencies
o Totaling Accounts
Financial data mart for optimized performance — The Management Reporter data mart holds the necessary financial data needed for financial reporting. Data from Microsoft Dynamics AX 2012 is continuously be moved to the data mart. The data mart is optimized for financial reporting and with proper report design helps increase performance of financial report generation.
Increase productivity with familiar tools – Get people up and running quickly with a familiar interface based on Microsoft Office. Generate reports automatically to monitor performance in real time, close books quickly, and help improve decision-making across the organization.
Drill-down capabilities — Generate summary-level reports with the capability to drill down to account-level and transaction-level details without having to generate separate reports. Supports drill from account and budget balances on a report to related information in Microsoft Dynamics AX if more information on a specific transaction is needed.
Consolidate the way you need to see it – Create consolidated financial reports across companies or business units; interoperate with Microsoft Excel® to support importing consolidation data from other sources, and translate into an unlimited number of reporting currencies without having to run the consolidation process in Microsoft Dynamics AX 2012
Enhanced collaboration and sharing – Improve communication across the organization by distributing reports to multiple locations, including Microsoft SharePoint® or any network location, and schedule reports for generation on a periodic basis.
Interactive, intuitive web-based report viewing — Drive decisions from the report data that’s delivered in an interactive web based report viewing experience.
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