Saturday 1 December 2012

Drastic reduction in time spent on month closing



Hello There,,,

Drastic reduction in time spent on month closing..

What used to be 10 days month end closing procedure is now 2 or 3 days procedure in Microsoft Dynamics AX,,

The completely integrated product allows you to have Ledger & Sub ledger balances of Account Payable, Account Receivables & Inventory at all times, just by click of a button we can see balances on ledgers and sub ledgers.

2  to 3 days month end closing, relieves your finance department,,,, well, How is this achieved??,,
Microsoft Dynamics AX is completely integrated product and system automatically updates all ledgers and sub ledgers,, All that one has to do is,, Bank reconciliation, closing all transactions, verify, restricting access to modules from further posting, adjustment transactions through General Journal, running trial balances, creating financial statements and verifying and then CLOSE THE PERIOD,,,

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Sathish

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