In this chapter, the learning objectives are: Create a financial statement, create a row definition, design the structure of row definitions, create a column definition, print a financial statement, create and print a financial statement, create and print a dimension statement, view balances by dimension sets. | Chapter 12: Financial Statements CHAPTER 12: FINANCIAL STATEMENTS Objectives The objectives are: • Create a financial statement. • Create a row definition. • Design the structure of row definitions. • Create a column definition. • Print a financial statement. • Create and print a financial statement. • Create and print a dimension statement. • View balances by dimension sets. • Import XBRL taxonomies. Introduction The Financial Statement feature in Microsoft Dynamics® AX enables the building of a custom reporting structure. In the financial statement, you can map: • Main accounts • Financial dimensions • Combinations of the two The Financial Statement feature is a powerful reporting tool that explores financial figures depicted in a company context and from a business perspective. For example, you can create financial row structures to focus on cost accounts. You can set up unlimited financial dimensions that allow for cost detail. The following financial dimensions are examples that might be associated with cost accounts: • Cost centers • Departments • Combinations of the two Microsoft Official Training Materials for Microsoft Dynamics® Your use of this content is subject to your current services agreement 12-1 Financials II in Microsoft Dynamics® AX 2012 With the Financial statement reporting feature, you can create many financial reports to comply with requirements and international accounting standards for the following: • Balance sheet • Income statement • Cash flow statement The Financial statement functionality also simplifies your ability to build reporting structures for internal analytical purposes. Financial Statement Setup The Financial Statement form can be used to create financial statements and define their basic structures. To open the form, click General ledger > Setup > Financial statement > Financial statement. FIGURE FINANCIAL STATEMENT FORM In the upper pane, set up the financial statement name, .
