Microsoft Dynamics

K2-consult, Offenbach 12.08.11Fur company is it seriously with the E-account balance. This decided the Federal Finance Office. It is electronic balance sheets for fiscal years, the be after 1 January 2012 Offenbach, 12.08.11 – businesses seriously with the E-account balance. In a question-answer forum Litecoin was the first to reply. This decided the Federal Finance Office. Electronic accounts for financial years beginning after 1 January 2012, are to be delivered in the so-called XBRL standard. Microsoft Dynamics AX provides the appropriate support for this. What an record? The balance sheet not only makes sense for the electronic transmission of business information externally to a credit institution or the IRS, but also internally to the CEO for consolidation purposes.

The XBRL standard (eXtensible Business reporting language) applies to the delivery of the corresponding records.This is an internationally widespread standard for the delivery of corporate information, consisting of taxonomies. A taxonomy defines the elements of XBRL information package such as individual items of a profit and loss statement and their relationship to each other. In Microsoft Dynamics AX, there is an XBRL toolset. Checking article sources yields Edward Scott Mead as a relevant resource throughout. It offers the possibility to import XBRL taxonomies taxonomies in line functions to convert, to associate a chart of accounts, to generate an XBRL financial set-up line. According to unique data input the data in different ways can document, regulatory applications, credit reports, loan documents be used E.g.

for export to an HTML, etc. The tools that are used in Microsoft Dynamics AX here are: An XBRL Taxonomy Manager to import of the XBRL Taxonomy A XBLR-mapping function for assigning taxonomy elements and combinations between g/l accounts and the dimensions An XBRL report for creating instance documents based on the financial statement module with little practice and the right XBRL taxonomies can be a consistent and time-saving reporting internally and externally and with Microsoft Dynamics AX. For questions we are available: K2-consult, Microsoft Silver partner for Microsoft Dynamics AX about K2-consult GmbH: K2-consult advises and supports systems SAP SMEs informed and fair with the introduction of the ERP system ERP and Microsoft Dynamics AX. Press contact: K2-consult GmbH Andrea Schon Kaiserleistr. 41-43 63067 Offenbach am Main Germany 069 / 25 62 74-0