Tag Archives: financial statements

Parallel accounting & Financial statements (Part 2/2)

01 Monday Oct 2018

Posted by in Fixed Assets

≈ 4 Comments

Tags

, , ,

In this second part, I will show you an alternative approach how different accounting standards can be incorporated in MSDyn365FO.

With the help of corrective fixed asset books the disadvantages identified in the previous webcast can be overcome and allow you an easy and straightforward reporting on different accounting standards, such as IFRS, local GAAP and tax GAAP.

Sample data: SampleDataFA2

 

 

Parallel accounting & Financial statements (Part 1/2)

25 Tuesday Sep 2018

Posted by in Fixed Assets

≈ 2 Comments

Tags

, , ,

This webcast illustrates how one can create financial statements in situations where fixed asset postings are made on different posting layers to incorporate different GAAP, such as IFRS, local GAAP, tax GAAP and alike.

What can make things difficult in this context are situations where non-fixed asset related postings are made in the form of so-called delta postings that account only for the difference in the amounts required by the different GAAPs.

Join me in this webcast and see how one combine full fixed asset related postings and delta postings made outside of the fixed asset module when creating financial statements for the different GAAPs.

Attachment: SampleDataFA_Final