In the webinar, we will answer questions:
What are Dimensions:
Along with The Chart of Accounts and Posting Groups, Dimensions could be considered part of the backbone of this ERP system. Dimensions are a huge feature, with fantastic capabilities and one of the biggest reasons businesses chose Microsoft Dynamics 365 Business Central. But what are they?
Dimensions in Microsoft Dynamics 365 Business Central is a tool used to help categorize data – if there is something you wish you could report on, it could probably be a dimension. They make it simpler to perform analysis on your data. For example, categorizing your data enables users to get an in-depth look at their company’s financials. They are a categorization or data tag that can be associated with your financial entries in the system.
Dimensions consist of Dimension Values. A Dimension Value is a “subcategory” or a “tag” attached to data to conduct meaningful analysis. A Dimension can consist of any amount of Dimension Values.
Click here to read more about working with Dimensions from Microsoft - [ Ссылка ]
Microsoft, Dimensions are “values that categorize entries so you can track and analyze them on documents, such as sales orders.”
Essentially, they are data tags that you add to the financial entries in your system. They allow you to group and categorize data for the purpose of analysis. For example, your company’s Financial controller may want to analyze the expenditure for each department. So, instead of setting up separate general ledger accounts for each department, they can set up a department dimension.
For each dimension, there will be several dimension Values. These are the different possible values for any dimension you can add to your financial entry.
Where can Dimensions be used?
Dimensions can be used on journal entries, documents, budgets. They can be used at the headers and or line level.
Why Use Dimensions?
Provide you great detail of your company’s financial picture allowing you to make more accurate decisions for your business.
What are the benefits of Dimensions?
1. Streamline chart of accounts
2. Retire Dimensions if they become obsolete or create new dimensions without making a chart of account changes.
3. Set Default Dimensions
4. Restrict Dimension Combinations
What types of Dimensions are there?
In Business Central, there are two main types of dimensions: global dimensions and shortcut dimensions.
1. Global Dimensions are the most important dimensions for your business. In Business Central, you can only have two global dimensions, and they are located on the same table as your master records.
2. Shortcut Dimensions allow for six additional analysis categories, called shortcut dimensions, which you can assign to other categories relevant to your business. These are mainly used as filters on journals and document lines.
Even though Business Central can only have two global dimensions and six shortcut dimensions, the dimensions themselves are entirely customizable. It is up to you, as a company, to determine your worldwide dimensions. When it comes to shortcut dimensions, the number you may have is six, but you don't have to use all six straight away. You just need to set up three shortcut dimensions if you only need three when you first start out, and you may add more as needed. It's also up to you to figure out what they'll be and how you'll put them to use.
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