Starting Jan 1st, 2012 businesses now need to report Merchant Card and Third-Party Payments on a separate line. Effectively the gross receipts or gross sales on the Form 1120 (Corporate Income Tax Return) is now two lines 1a – Sales where payments are received from Merchant Card and Third Party Payments 1b. Gross Receipts or [...]
continue reading...About Microsoft Dynamics AX
Project Billing and the Inexplicably Lost Hour
“Dost thou love life? Then waste not time; for time is the stuff that life is made of.” – Benjamin Franklin If you’ve been involved in the professional services field for any length of time, you know that there are those hours that just seem to inexplicably disappear. Despite a diligent effort to keep track [...]
continue reading...5 Areas CFOs Need to Research Before Deciding on Cloud ERP
The cloud is everywhere. Turn on the TV, pick up a magazine, or go anywhere on the web, and you are bound to run into it. The inescapable presence of cloud computing is not necessarily indicative of market demand. Most companies are still using on-premise solutions for ERP and other software. But the hype does [...]
continue reading...Better Budgeting with Microsoft Dynamics AX 2012: Part II of Excellence in Financial Management
I presented a session on budgeting capabilities with Microsoft Dynamics AX 2012 at the AXUG (AX Users Group) Summit in Las Vegas and I was surprised at how many users were not aware of the powerful budgeting functionality within Dynamics AX. While earlier versions of Microsoft Dynamics AX had base budgeting functionality with ability to [...]
continue reading...Nucleus Research Report: The Value of Microsoft Dynamics AX For Manufacturers
Plenty of manufacturers already know the benefits offered by Microsoft Dynamics AX (formerly Axapta), but Nucleus Research confirmed this in their report, The Value of Microsoft Dynamics AX For Manufacturers. Its findings strongly indicate that Microsoft Dynamics AX is a valuable business management application for manufacturers, one that increases visibility, drives higher margins, boosts productivity, [...]
continue reading...When a Two-Tier ERP Solution Makes Business Sense
If you are researching a new enterprise resource planning (ERP) software solution like Microsoft Dynamics AX, you have likely already read about the best practice of choosing a single ERP system (from a single ERP software vendor) in order to simplify and standardize your data and processes throughout your organization. A single ERP system has [...]
continue reading...JOGG into 2012: How to Mobilize Your Productivity
The biggest, smallest, computing trend now sits in the palm of our hand – the mobile application. And, still, some companies fail to see the huge significance of these apps. They are changing the way we manage our productivity and even how we conduct our business. They have released us from the office and set [...]
continue reading...Bringing a Gun to a Gunfight or More Real Differences between Microsoft Dynamics NAV and AX
The conversation on real differences between Microsoft Dynamics NAV and AX continues as contributing technical blogger and ex-Microsoft product expert Thom Doss continues to sharpen the “real” differences between Dynamics NAV and AX. This is part five of a series. To review previous articles: More Real Differences between Microsoft Dynamics NAV and AX Sustainable Engineering [...]
continue reading...10 Epic ERP Failures in 2011
Enterprise Resource Planning (ERP) can be a tricky business. When all goes well, a business reaches unimaginable levels of success, but when problems arise, companies can find themselves in ERP hell. With the start of a new year, Computer World highlighted some of the epic failures in the ERP industry in the last 12 months: [...]
continue reading...Combining Three Manufacturing Sectors into One Microsoft Dynamics Product
“Most businesses are dynamic with many different operations and processes that together help keep you at the forefront of your marketplace. Manufacturing operations have the added factors of inventory, production, and supply chain management for their products. As complicated as that could be, Microsoft has done a nice job of combining process manufacturing, discrete manufacturing, [...]
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