![]() It has such a rich toolset, not available anywhere else in D365FO.Īs a result of using Cost Accounting functionality, the daily accounting and reporting chores could be greatly simplified, statutory reporting easier. If the primary purpose of a financial dimension is to drive cost and profitability analysis, the new tools in Cost Accounting would get the job done – and probably be much better at it. Perhaps we should think twice before adding extra financial dimensions to an account structure and thus to the burden of the daily financial workers, as well as the performance of D365FO itself. “Depends” is my favourite term, and quite often precisely that answer drives customers, students and everybody else up the wall. Does it really make sense to have 8-12-20 financial dimensions for up-front daily accounting? Cost Accounting gives managerial insights less painĪs a consultant and trainer with the AX-family for the last 20 years, I often challenge the use of financial dimensions. Long live Cost Accounting in Microsoft Dynamics 365 for Finance and Operations: this could reduce the number of daily used financial dimensions. D365FO Cost Accounting in Microsoft Dynamics 365 for Finance and Operations
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