![]() ![]() And Cost Element Dimensions can be entered manually. Cost Element Dimensions can also be imported using Excel. ![]() The main accounts can be imported into Cost Accounting, to be used as Cost Element Dimensions, by using the Data Connector. Navigate to Cost Accounting > Dimensions > Cost Element Dimensions First, establish the Cost Elements to be used in the Ledger. Multiple cost accounting ledgers can be put in place as the organization requirements dictate and creativity runs wild. Management Reporter can then utilize the cost accounting ledgers to report out the many views of cost that a company needs to see.įoundationally, Cost Elements are used to classify or categorize the cost transactions, and Cost Objects are used to aggregate the costs.īefore Cost Accounting Ledgers can be implemented, the set-up to be done includes: The Cost Accounting Ledger is a stand-alone structure, defined with currency and a calendar. A Cost Accounting Ledger is now available to take Cost Accounting to a new level. In previous AX versions, cost accounting functionality has been available, but with the creation of the Cost Accounting Ledger, Microsoft has opened up a completely new realm of possibilities. An exciting new functionality is now available in Dynamics 365 for Finance and Operations. ![]()
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