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CompactSoft Advanced Financials Add-On On Microsoft Dynamics AX

Checks, LC, LG, Payment Commissions, Item Rebates, Advanced Sales Invoicing

The Advanced Financials module introduces many additional features to Dynamics AX in financial area. The add-on includes Advanced Checks Management, LC (Letter of Credit), LG (Letter of Guarantee), Payment Commission Automation & item rebates.

Solution Description

Using CompactSoft Advanced Financials Add-on you can automate & control all the financial business processes in an easy & accurate method. Some of the features are listed below:

  • Checks Management
  • Full integration with Dynamics AX General Ledger, AR & AP modules
  • Full tracking of incoming & outgoing checks
  • Ability to move multiple checks in a single transaction

  • LC (Letter Of Credit)
  • Sub Ledger with full integration with Dynamics AX General Ledger & AP modules
  • Define customized posting groups to ease voucher creation
  • Easy & simple LC vouchers posting
  • Easy distribution of LC cost to items cost

  • LG (Letter Of Guarantee)
  • Sub Ledger with full integration with Dynamics AX General Ledger module
  • Record all LG related vouchers from LG module
  • Track LG status from opening to closing

  • Payment Commission Automation
  • Sub Ledger with full integration with Dynamics AX General Ledger & AR modules
  • Automates collections commissions on customer payments
  • Automatic posting of commission due vouchers
  • Easy creation of commission payment vouchers

  • Advanced Sales Invoicing
  • Posting sales invoice prior to items shipping
  • Online posting of taxes & charges with invoice

  • Customer Item Rebates
  • User defined rules for rewarding customers with free/discounted products
  • Automatic calculation of rebates in sales orders

    - Built using Microsoft Dynamics AX Development Tools (MorphX & X++ Source Code), CompactSoft Advanced Financials Add-on provides tight integration with Microsoft Dynamics AX functionality.

    - Microsoft Dynamics AX is a comprehensive business management solution for mid-sized and larger organizations. With core strengths in manufacturing and e-business, there is an additional strong functionality for the wholesale and services industries.

    - Microsoft Dynamics AX ERP functionality includes: Financial Management, Supply Chain Management, Manufacturing Management, Master Planning and Customer Relationship Management.

    For more information about CompactSoft Solution in Microsoft PinPoint, please click