Skip to main content

Cost Accounting

     Cost Accounting is a module for reporting purposes. It looks like a separate module /ISV  that is embedded to D365 FO. But it is one of the standard modules.

    It is often mixed up with Cost Management. Cost management is used for inventory transactions inquiries, revaluation/closing operations and item costing operations.  

    In cost accounting module you are able to manage cost allocations within D365 or Ax 2012 or upload data from Excel. 

    System operates the transactions to copy data from the GL module if it is an operational data from D365 and allocated the transactions due to the rules setup in the module. 

    You can do versioning due to the allocation rule setups user do. 

    There is a detailed documentation for this module in Microsoft docs. Which has wonderful examples in the documentation.

    The only think that is a bit  confusing is the labels I believe. But also documented in the documentation. Only 2 labels that you need to know in heart is:

    Cost Object Dimension: Dimensions in D365

    Cost  Element Diimension: GL Accounts in D365


    But this module is not integrated as a push to other modules as I said before only pull data form GL module. Use for reporting purposes. You may export to Excel and do your Pivot but unfortunately, if you use the same version for each month Excel export , Excel import will fail. So what  I will advise is to generate Power BI reports for that purpose.


https://docs.microsoft.com/en-us/learn/modules/get-started-cost-accounting-dyn365-finance/1-introduction

https://docs.microsoft.com/en-us/dynamics365/finance/cost-accounting/cost-accounting-home-page




Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

D365 F&O Transportation Module (TMS)

      I would like to give some summary information on the TMS module. TMS module helps you manage your both inbound and outbound operations.   You can plan your shipments, routes, loads, appointments and drier check in/outs.  You can see the fastest or less expensive routes as an example with to assign rates and calculate with engines. Also you can manage and reconcile charges. Please find the Microsoft Documentation for the Module below: https://docs.microsoft.com/en-us/dynamics365/supply-chain/transportation/transportation-management-overview Also I like the video series below from Michael Cobbin which give detail for the TM module from Tech Talk: https://www.youtube.com/watch?v=gqGKgiDEQLk https://www.youtube.com/watch?v=gqGKgiDEQLk&list=PLaKeZD0fHWIp8zD088_6svgMZ5v1CmJGz&index=8 https://www.youtube.com/watch?v=9-gGUxeQSAc&t=1408s https://www.youtube.com/watch?v=gqGKgiDEQLk&t=1456s
Post a Comment
Read more

Vendor Invoice Posting Date (Pending Invoices)

  On the pending invoice posting form, there are different dates that may need to be filled. But there are two fields that may be mixed up. Invoice Date and Posting Date.  -Invoice Date is the date of the real invoice and most of the calculations(cash discount, exchange rates etc.) are using this date. It is optional not to fill this information unless on the parameters it is set to be filled mandatory. (Account payable > Setup > Account payable parameters -> Require document date on vendor invoice) - Posting Date is the date the transaction is posted to GL. This may differ from the invoice date in many circumstances. For example the invoice may arrive to posting user after the invoice date, period is closed etc. This field is used for calculations if invoice date is not filled. To fill the invoice date is mandatory and it is set to today as default when invoice is created but can be changed before posting. In some circumstances, users may need to change or bulk ...
Post a Comment
Read more

Management Reporter (MR)

      Management reporter is  a tool that help users to create their own financial reports without customization/development or help from the IT team/consultants . Is used to prepare financial statements such as income statements, balance sheet etc which has the GL transactional/budget data and dimensions in D365 F&O. It was outside Ax but now you can reach within the D365 F&O.      You may use the functionalities below:          -    Transactional and Budgets Data          -     COA and Dimensions          -     Total Accounts          -     Report Variances          -     Pre Set Reports          -     Report Details of Transactions like voucher number, vendor and customer etc for audit reporting         -...
Post a Comment
Read more