Now Process your U.S.Payroll In-house with Microsoft Dynamics AX 2012 R2

Now Process your U.S.Payroll In-house with Microsoft Dynamics AX 2012 R2

Microsoft Dynamics AX is POWERFUL yet again !

With the strong enhancements to the global talent management functionality and introduction of end to end U.S. Payroll processing functionality within AX 2012, in the R2 release, Microsoft Dynamics AX now gets even more powerful.

Below are few of high level capabilities of the U.S. Payroll functionality in AX 2012 R2 release. Read the MS Product team’s blog Here for more details about this.

  • Seamless integration of the U.S. Payroll functionality with the Human resources management allows one time setup of all payroll related data and parameters such as “Deductions”, “Benefits”, “Compensation” etc.
  • Seamless integration with Financials management module facilitates printing of pay checks or direct deposits into employee’s savings/checking accounts.
  • Employees can view their Pay statements on the Employee Self-services portal.
  • Easy tracking of the regular pays and the exceptional based earnings such as Paid time off etc.
  • And More…..

Thanks

Sandeep

Taking advantage of the On hold funding sources in Project Contracts in Microsoft Dynamics AX 2012

Taking advantage of the On hold funding sources in Project Contracts in Microsoft Dynamics AX 2012

Hi,

Hope everyone is doing well and having great times in this festive season.

In today’s post I will discuss a very small and useful functionality which is introduced in the project management and accounting module of AX 2012. This is the new “On hold funding source type” for project contracts.                                                                       

When you use the funding limits on the project contracts, the “On hold” funding source can prove to be very useful in allocating any transaction amounts which exceeds the specified funding limits for the other funding sources present in the project contract. The on hold funding source is referred to one of the internal organizations of AX 2012, which are the business units setup in the company.

Let me now elaborate this with an example.

Let us say there is a project contract with one customer as funding source and one on hold funding source. Also there is a funding limit of $2000 for the customer which is the funding source for the project contract. Take a look at the screen below for such a project contract.

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Now, let us post few transactions on the project belonging to this project contract, such that the amount exceeds $ 2000 and see how the on hold funding works. The below screenshot shows an hour journal posted on this project such that the total sales amount exceeds $2000, the funding limit for the customer.

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If we go to the project posted transactions and take a look at the funding allocation, this will show how the exceeded amount of $100 is allocated to the On hold internal funding source and the allowable $2000 is allocated to the customer funding source.

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Now that the exceeded amounts are allocated to the On hold funding source, you can use adjustment function later to allocate these amounts back to the funding source when funding limit changes after agreement with the customer. The advantage of having the On hold funding source is that, it will allow posting of transactions even if the sales amount exceed the specified funding limits for the funding customers in the project contract.

Let us now change the funding limit to $3000 as the customer has agreed upon the same and then run adjustment for the transaction to see how the amount which was allocated to the On hold funding source, gets allocated back to the customer.

Funding limit change is shown in screen below.

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After you change the funding limit for the customer in the project contract, adjust the transaction to see the impact how the transaction gets allocated back to the funding source.

Select the adjusted transaction and verify the transaction to see that the amount $2100 is now allocated to the funding source which is Forest wholesale.

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Powerfully Simple. Microsoft Dynamics AX 2012.

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Feel free to ask any queries about this.

Thanks

Sandeep

Managing Travel Requisitions in Microsoft Dynamics AX 2012

A travel request is a business process where the employee/traveler takes a pre-trip approval from their managers or superiors. A travel request/requisition may contain information such as the date, destination, purpose of the travel and also details about  transportation, accommodation, cash advances and overall estimated cost of the travel.

The travel requisition functionality in Microsoft dynamics AX 2012 is a system aided way of managing the submission and approval of business travel trips. This is a source document which contains the details of the expenses which will be incurred on a travel.

In today’s post I will explain the travel requisition process functionality of AX 2012. Before we look at the steps for processing a travel requisition in Microsoft Dynamics AX 2012, let us  know how it can help organizations to control expenditures, specifically when they work on fixed price projects and the travel expenses must be under the budget of the project.

  • It can be made mandatory for employees to get approval of a travel request prior to the travel.
  • Several travel request policies can be setup at the Project, customer, and resource levels in terms of expense amounts on different expense categories.
  • Travel requisitions can apply in cases whether the employees are charging the expenses to a corporate credit card, using cash from a cash advance or even out-of-pocket expenses which employees may incur and gets reimbursed for those later.

Travel requisition business process:

The first step involved in the travel requisitions management process in AX 2012 is to configure a workflow as desired by the business. Configure this workflow under the Travel and expenses module.

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The next step is to set up all required travel request policies as per the business needs. Do the required policies setup under the Travel and expenses module.

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If the business needs that pre trip approval is mandatory before employees submit their expenses, optionally enable the required parameter in the travel and expense parameters.

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Once the prerequisites are all configured, let us now have an employee submit a travel request.

Navigate to Employee self-service portal > Expenses > Travel Requisitions.

Create new travel request and key in all the required details as shown in screen below.

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In this post, the focus is only to highlight the prerequisites and various capabilities of the travel requisition functionality in Microsoft dynamics AX 2012.

You can proceed further in the process to complete the following and see the real-time impacts and results.

  1. See the travel request policies and workflow in action when employee submits the travel requisition.
  2. Submit the travel requisition.
  3. Travel request gets reviewed and approved by Managers.
  4. Employee has come back from the travel trip and prepares his expense report for submission.
  5.   See the travel request mandatory in action during expense submission.
    Feel free to ask any related questions on this and I will be glad to answer.
    Thanks
    Sandeep

Financial dimensions hierarchies – Taking advantage of Organization Hierarchies in Microsoft Dynamics AX 2012-Continued..

Hi Friends,

In one of my earlier posts, I explained in detail about how to create and setup organization hierarchies in Microsoft dynamics AX 2012 and I also highlighted all the benefits which can be derived by using the organization hierarchies at different places in Microsoft dynamics AX 2012.

In today’s post I will explain one of the advantage/benefit which we can derive by using the organization hierarchy in the General ledger module.

In AX 2009 and earlier versions we used to have the dimension set hierarchies to ensure controlling of financial transactions entries in the system. In many situations, it is needed that only a se of financial dimensions are allowed to be keyed in, in a transaction. For example, when Department A is chosen in a financial transaction,  only cost center C1 and C2 can be chosen, but no other cost centers.

This can be achieved by using the organization hierarchies in Microsoft dynamics AX 2012.

Microsoft Dynamics AX 2012

To demonstrate the use of this functionality in AX 2012, I would use the below example.

When Department Administration is entered, then the cost centers Administration(UK) and Administration(USA) should be only allowed and when department Marketing is chosen, then cost center Marketing research(UK) and Marketing research(USA) should be allowed for entry in the financial transactions.

1. The first step involved in this to create the required internal organization hierarchy to represent the overall dimensions hierarchy.

2. Navigate to Organization administration > Common > Organizations > Organization hierarchies for and follow the steps in my earlier post to create and publish the organization structure. Below diagram shows how the organization structure will look like after this is setup.

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3. Once the organization structure is created and published, the next step is use this is the account structures under GL module.

4. Navigate to GL > Setup > Chart of accounts > Configure Account structures, and then select the account structure for which you want to set up the hierarchies.

5. Select the Account structure and click Edit button.

6. Click Relationships button.

7. The Select relationships form shows all the organization hierarchies. Notice that the organization hierarchy which we created above is shown and also system shows all possible combinations of hierarchy values based on the setup done in the hierarchy.

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8. Now that we want to control the entry of the cost centers based on selection made for the department dimension, select the record which shows Party A = Department and Party B = Cost center and click Ok button. Note that you can also select multiple relationships here based on your hierarchy needs.

9. Once the relationship setup is done, Activate the account structure by clicking Activate button.

10. Let us now create and general journal and see the impact of this relationship setup at the account structure level. Navigate to GL > Journals > General journal.

11. Create a new journal and click Lines button.

12. Below diagram shows the account structure we will key in in this financial transaction.

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13. Select a ledger account(Say 401120) and select Department = Administration.

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14. The next segment in the account structure is the Cost center. As soon as you open the drop down for this, notice that system only shows the two cost centers which we have set up in the organization hierarchy. Now, user who is entering the financial transaction, cannot enter erroneous data, as he/she will see only the dimensions which the business wants to be entered. See screen below.

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15. Similarly, notice the the cost centers when we enter Marketing as the Department.

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Simple and easy.

In few of my upcoming posts I will highlight the areas where the organization hierarchies can be leveraged and used. If you have any queries regarding this, please reach out to me.

Till next time !!

Sandeep

Prepaid Purchase Orders Management in Microsoft Dynamics AX 2012 – [Vendor Prepayments]

Vendors asking prepayment for their orders could be a very common scenario as part of their business policies. When this scenario arises, your business/finance team should be able to create a purchase order and create and track a prepayment against this.

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In Microsoft Dynamics AX 2009, it was not possible to make a prepayment related to a purchase order and these were always two separate manual processes. There was no transaction link between the prepayment for a purchase order and the actual purchase order.

AX 2012 brings in this small yet very useful functionality. In today’s I will explain about this functionality of AX 2012 and how can be used by an organization.

We will analyze an example where an organization orders 500 items from a vendor and vendor asks for a prepayment as this is a business policy for them. The purchase order prepayment process will basically flow through the below high level steps.

  1. Purchasing agent creates the purchase order and submits a request to AP coordinator to process prepayment.
  2. AP Coordinator/Manager sets up and processes the required prepayment.
  3. Settle the payment against the final invoice.

Purchasing agent creates the purchase order and submits a request to AP coordinator to process prepayment:

  • Create a new purchase order under Accounts Payable module for vendor 3107, Alpine Electronics. Let us make a note of their balance before we proceed with a prepaid PO processing for them.

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  • Create purchase order header and PO line for item(1001) for 600 quantity.

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  • Click the Purchase tab and click Prepay > Prepayment button.
  • Enter a suitable description for the prepayment for purchase order and enter the prepayment value. In our case, let us assume that vendor has requested 10% prepayment.
  • Enter 10% and verify that the prepayment remaining value which will be 10% of the total PO value. Note that you can also specify a fixed prepayment amount if vendors requests so.

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Prepayments can be removed after it has been setup on a PO by clicking the Remove prepayment button. if business later cancels the prepayment.

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*Note: The prepayment category ID is the procurement category against which the prepayment will be tracked

  • Now, Confirm the purchase order after saving the prepayment details.

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Posting the Prepayment Invoice:

  • To do this, click the Invoice tab in the purchase order form and click Prepayment invoice button.

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  • Now enter invoice number and click Post > post button to post the prepayment invoice.

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  • Note the newly created vendor transaction and also take a note of the affected vendor balance. Recording of the prepayment invoice increases the vendor balance. In this scenario it is $4100.25(Vendor balance before prepayment invoice) + $87,720(Prepayment invoice amount).

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AP Coordinator/Manager processes the required prepayment:

  • It’s now AP Manager’s task to make the payment for the prepayment which was requested for the purchase order.
  • Navigate to AP > Journals > create a new payment journal.
  • Click payment journal line and click Functions > Settlement button and select the prepayment invoice.

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  • Print the check for vendor and post the payment. Make a note of the vendor transactions and the affected vendor balance also after this step. Vendor balance decreases after the payment has been made.

Settle the payment against the final invoice:

  • When the goods arrive and you receive the final invoice from vendor, settle the prepayment with it.
  • Navigate to Purchase order screen > Invoice tab and generate an invoice.
  • Click Apply prepayment button.

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  • You will notice the prepayment record appearing here in this form. The “Select prepayments to apply” grid displays all the prepayments which could exist for the PO.
  • Also notice the invoice amount is $877200 and available application amount is $87,720 which is 10% of the invoice which was paid as a prepayment to the vendor.

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  • Finally Select the prepayment and click Apply prepayment button. You will see that the “’Total amount of the prepayment that will be applied to the invoice will be 87720.$.
  • Make a note that one line gets added in the vendor invoice line.

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  • Now, Post the purchase order invoice by clicking Post.
  • With the PO invoice posted, let us now analyze the financial voucher and the impact on vendor balance.

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End to end linking of all related transactions and their tracking in an ERP system helps finance and accounting team in a great deal during transaction reconciliations. This also ensures reduction in accounting team’s efforts and time needed to spend in the ERP system.

Microsoft Dynamics AX 2012 ensures this.

Pretty straight forward and neat. Smile

Microsoft Dynamics AX-Powerfully Simple

Do not hesitate to contact me in case you need any clarifications regarding this.

Till next time!

Thanks

Sandeep

Organization Modeling made easy in Microsoft Dynamics AX 2012

Hi Friends,

By this time most of us must be already aware of Organization modeling in Dynamics AX 2012. I just wanted to bring in perception of this functionality.

Microsoft Dynamics AX 2012 brings in another exciting capability which now makes it possible for organizations to manage their organizational structure in more efficient, easy and accurate manner. In AX 2009, it was not possible to define a structure of organizations, as it was possible only to define different company accounts which were pretty much separated from each other.

In reality, different parts of an organization such as legal entities, departments, business units, cost centers, teams etc. work together and are always dependent on each other in some way. Microsoft Dynamics AX 2012 makes it all possible by introducing a very flexible Organization Model functionality.

In today’s post we will take a look at the important aspects of this organization modeling and try to understand how this can help organizations in real-time. To begin with, let us first discuss about the different types of organizations which we can create in AX 2012.

Microsoft Dynamics AX-Powerfully Simple

Organizations:

An organization basically signifies a group of people and resources who work together to carry out a defined business process with a mission. We can create two types of organizations in AX 2012.

  • Legal entities : This is an organization which has a registration with a legal authority and can enter into contracts with customers and are required to produce statements that reports their performance. This is similar to a company account which we used in AX 2009.
  • Operating units: An operating unit is a type of organization that is used to distribute economic resources and business processes of the organization. We can create the following types of operating units in AX 2012 out of box.
  1. Business unit
  2. Cost center
  3. Department
  4. Value stream

Along with these 4 types of operating units, organizations can also create Teams and make it a part of the Organization structure. A team could be referred to group of people who share common responsibilities such as Collections team, AR team, AR team etc..

Organizational Hierarchies:

In AX 2012, we can set up a hierarchy of all the organization types. For example we can create a hierarchy of legal entities for tax and statutory reporting.

We can also create a hierarchy of operating units to report financial information which are required internally within the organization. For example we can create organization purchases to control purchasing policies, budgets and business processes.

An important point to note here is, all the organizations in a hierarchy can share parameters, policies and transactions. The child organizations can inherit and override the parameters of its parent. Also note that, in AX 2012, the globally master data such as address books, currencies etc. cannot be overridden for individual organizations.

To be able to create a hierarchy of organizations in AX 2012, we must first define a purpose of this hierarchy. This purpose would define which types of organizations can be included in the hierarchy. There are various hierarchy purposes available out of box in AX 2012 few of which are procurement control, expenditure control, audit internal control etc. You can find more information when you get hands dirty in the system. I would demonstrate a hierarchy by taking the expenditure control purpose into account.

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To create a new organization hierarchy, navigate to Organization administration >  Common > Organizations > Organization Hierarchies.

Organization Hierarchy

Configure the organization structure with easy steps by selecting organizations and doing drag and drop.

Add organizations to Hierarchy

Please take a look at the screenshot below which shows a sample organization that I have configured.

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Publish the organizational structure changes with tracking dates and complete audit histories. You can also publish the hierarchy for a future date.

Publish Organization Hierarchy

Now that the organization hierarchy has been published and in effect, you can use it for

  • Defining expense, audit and procurement policies using this hierarchy. This will cause the policy to be effective across this hierarchy.

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  • Configure accounting structures and specify organization hierarchy relationships. This will cause to have more control in transaction entry where system will have automatic validations in place for selection of financial dimensions in the transaction line.

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  • Helps in organizational data security by configuring legal entities for user rules.

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The new organization model functionality of AX 2012 allows configuring complex organization models without writing additional code and also allows users to easily restructure, as organizational structure needs changes. Microsoft Dynamics AX 2012 grows as your business grow and needs complex organizational structuring for better and tight financial controlling. This makes AX 2012 simply more powerful.

Let me know if you have any questions regarding the organization modeling in AX 2012. Till next time !!

Sandeep

Tracking and Managing Accounts Receivable Collections made easy with the all new Collections Management module of Microsoft Dynamics AX 2012

Thanks to Microsoft Dynamics AX 2012 !!!

The AR Collections team of your organization now has one single interface/screen, where they can see, do everything they need to see and do for their day-to-day work, in collections management.

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Just imagine if you, as a Collections agent/Manager of an organization, doing all the below tasks staying in one single screen with few clicks.

  • Manage collection pools
  • View aging balances for customers.
  • View customer address, contact details and credit rating details.
  • Create Actions, Appointments, Events and Tasks at the open transaction level.
  • Contact and follow-up on payments with customer and add actions/notes for tracking.
  • Trigger interest calculations on pending invoices.
  • Create and process Collection letter journals and interest journals.
  • Reimburse customer over payments.
  • Inquire all transactions of the customer (Open and closed).
  • Maintain collection statuses for individual open invoices such as Not disputed, Disputed, Promised pay, Resolved etc. and maintain suitable reason codes when you change the collection status of a payment.
  • Write off open transactions with just one click providing appropriate reason.
  • Manage NSF payments scenarios with one click.
  • Settle transactions.
  • Reprint invoices and send when talking to customer over phone regarding lost/missing invoices.
  • Send customer balance details and customer statements by email with just one click.
  • Generate/Print/Post periodic collection letters.
  • Attach appropriate documents such as email confirmation of payments etc., to open transactions when following up on collections.
  • Last but not the least, create and attach cases for the collections with the integrated case management feature of AX 2012.

POWERFUL ! SIMPLE ! SIMPLE !

Solutions from Solugenix for Microsoft Dynamics AXimage

With such exciting new features and functionality getting added over its versions, Microsoft Dynamics AX is betting high in the ERP market.

In today’s post, I will highlight some of the key functionality and related screens under the Collection Management module of AX 2012. This post will be mainly aimed for customers hunting for the best fit ERP for their organizations and hence will have the overview screens of the overall functionality.

Collections Management master screen showing the list of customers for the Collection Manager is responsible for, their aging balances, contact and address details and the credit rating details.

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Collection Manager viewing and doing all open(and Closed) transactions in one screens and having all details required to perform collection activities. Create actions, appointments, Events and tasks:

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Writing off transactions in just a click:

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Settle Transactions:

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Reprint invoices quickly while customers ask a duplicate copy of it, while on a call with Customer,staying in the same screen and just few clicks:

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Manage NSF Payments (Non sufficient Funds):

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Create Collection letters and interest notes and Calculate interests automatically on invoices:

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E-mail customer statements  and balance details to customer contact person with few clicks with seamless integration with outlook:

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View transactions, statistics and statements with one click:

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Create and Manage support cases and assign to people directly from collections master with integration to the case management feature:

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With Microsoft Dynamics AX 2012, you can take your business to a whole new level with simplicity. Stay tuned for more such new features.

If anyone needs more information regarding this, feel free to Contact me.

Till next time !!!

Sandeep

Automate enforcement of audit policy rules to smoothen the flow of your business with the all new policy framework of Microsoft Dynamics AX 2012

Microsoft Dynamics AX 2012 is powerfully simple yet again. The NEXT big thing in the ERP market !!!

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Microsoft dynamics AX has been offering new promising, powerful and exciting features and functionalities over the various releases which helps businesses in many different ways.

One such exciting functionality is the all new policy framework, which comes with Microsoft dynamics AX 2012. This framework helps business stakeholders to create and setup policy rules in several areas of business such as,

  1. Employee expenditure controls.
  2. Vendor invoices policies.
  3. Procurements policies.
  4. Document approval policies.
  5. Organization audit policies etc…

The policy framework can be used to enforce rules for the Microsoft Dynamics AX 2012 users to help improve the business process. Below are the three key components of the robust policy framework in AX 2012.

  1. Policy Types.
  2. Rule types.
  3. Policy rules.

A Policy type constitutes a collection of rule types which can be applicable to a particular feature area or a module of dynamics AX. For example, the Travel & Expense Management module, Procurement and Sourcing module etc.. A policy administrator role ( For e.g., the Procurement and Sourcing Manager) can be assigned with permissions to setup various policies for the procurements in the organization.

A Rule type categorizes the rules which can be that can be setup in a given module or feature area of dynamics AX 2012. For example, the Airlines and Hotel can be the rule types under the expenses management area. Different limits can be setup on these expense categories for employees in different positions of the organization. One good example of such a limit can be that the employees can incur a maximum of $1500 on airlines for their travel and they have to provide necessary justifications if their airlines expenses exceeds this limit.

The last component of this framework is the actual Policy rules which holds that essential data which defines how the policies will be enacted or evaluated. The example of limit on airlines expenses given above is a real-time example of a policy rule.

Leaving these core definitions and meanings of the policy framework, let us now take a look at a real policy rule in effect, inside Microsoft Dynamics AX 2012.

To demonstrate this, I will take an example of defining “A policy rule in the expenses management area where the employees can enter a maximum of $1500 when they submit an expense report for their airlines expenses and see how system will enforce them to enter a justification if they exceed this limit.

Follow the steps below.

  1. Create and activate new policy under Travel and Expenses Management.

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2. Assign the legal entities to which this newly created policies will be applicable. Please note that you need to define an organization hierarchy and then select companies or legal entities to be associated with this new policy. The beauty of this functionality is that, AX 2012 allows policies to be affected for the sister legal entities automatically when you define a proper organization hierarchy.

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3. After you are done assigning the organizations, create the actual policy rule for the airlines expenses. Select Airlines on the left list and click Create policy rule button. Also note that, Microsoft Dynamics AX 2012 makes it possible for you to keep a complete audit trial of all your organization policies of the past and current and future. A policy once created can only be retired but not deleted.

Also, make a note of the various policy rule types which comes out of box with AX 2012.

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4. Setup the data required for this policy rule which is as shown below.

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The Policy now is created for this above scenario and make a note that the policy needs to be active for this to be in effect.

Let us now see how this policy comes into work when Ahmed Barnett, a Senior Manager in the Dynamics AX division of the organization enters his airlines expenses.

1. Ahmed logs into the Employee self-service portal and creates his expense report for the airlines expenses which he incurred when he was on site at a customers place and tries to submit it.

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The policy framework’s warning icon gets activated and gives a message to the employee which we have setup back in the expense policy for airlines. (See above screen ).

Ahmed will now have to the go to the expense line again and enter a justification for this expense exceeding maximum allowed amount, for him to be able to submit the expense report.

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The Microsoft Dynamics AX 2012’s policy framework is flexible enough to define any number of very simple to complex audit policies across your organization under the Expense Management, Vendor invoices, purchase orders etc. areas, there by allowing your admin staff and reviewers focus on their day-to-day work more, rather than spending time in evaluating business processes violations manually.

Please do not hesitate to contact me for any queries or comments about the policies in Dynamics AX 2012.

Till next time !!!!

Sandeep

Process Automatic Recurring Free Text Invoices with Microsoft Dynamics AX 2012

Very easy to set up, process and use ! This new, small but exciting functionality of Microsoft Dynamics AX 2012 enables a customer to be invoiced with automatically generated recurring Free Text invoices.

Thanks to Microsoft Dynamics AX 2012.

Miccrosoft Dynamics AX 2012

Assume an example where your organization has rented Office space to one of the customers for 2 years of time period and sends a free text invoice every month to the customer for the office area rent. Now that , this invoicing is going to happen every month, at least until next 2 years, it makes sense to just automate this process and let system take care of invoicing when it is time.

This new functionality of AX 2012 allows to automate this whole process.

Let us take a quick look at the screens and forms to understand , how do we setup these and how they get processed periodically.

1. Create a free text invoice template which looks similar to the standard free text invoice line except for the “Date” and “Customer account “fields. (This is because the invoices can be on different dates being periodic and may be used for several customers also).

Create this under Accounts Receivable > Setup > Free Text Invoices Templates.

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2. Assign the FTI template to customer account in Customer master.

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3. Setup few parameters required for the recurring of the FTI, such as recurring pattern, interval, billing start date, end date, max. cumulative amount etc. as shown below.

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4. The next step is to process the periodic invoicing under AR > Period > Recurring Invoices.

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Beauty about this is the availability of batch functionality for this periodic job. This will make the users worry free and will keep generating the invoices in batches as per the schedule specified. The info log below ensures that the recurring invoice generation was successful.

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5. The next step is to post the recurring invoices under AR > Periodic > Recurring Invoices > Post recurring invoices.

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Note that, this screen will show all the generated invoices and you can see the actual invoice lines by clicking the Lines button. Now validate and post the invoice by clicking Validate and Post buttons.

The info log below shows the successful validation and posting of the invoices.

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Key benefits of the recurring free text invoices functionality:

Before winding up, I would like to mention few of the unique benefits of this functionality in AX 2012.

1. The automatic invoice generation can be run as a batch, which means this is fully automated and invoices are created automatically as per the batch schedule which the user has specified.

2. System has all the validation in place and does not create duplicate invoices of you run the invoice generation process twice manually by chance. Rather, if you have forgotten to run the invoice generation for one month, then system will automatically validate that during subsequent month’s invoice generation and create the previous months invoice also. Pretty NEAT !

3. User has the option to change the invoice amounts in the invoice templates at any point of time if the business requires it.

Very simple yet meaningful functionality. Till next time !!!

Keep DAXING.

Sandeep