Financial Statment

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Solution (Verified) This post has 1 verified solution | 9 Replies | 2 Followers

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MS posted on 2012-9-11 15:03

Dear All

I have designed the P&L report using AX Financial Statment, Now the issue is I tried to design Balance Sheet & I want to pick the Net P&L Value from P&L, I choose structure & select NET Profit node from P&L Statment but system give error,

So any one knows for this.

Warm Regards

MS

 

 

 

Solution (Verified) Verified Solution

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Solution (Verified) Ludwig Reinhard replied on 2012-9-13 19:52
Verified by MS

Hi MS,

If you get this error message, don't make your life difficult.

I suppose that you need to have total assets and total liabilities & shareholders equity balanced, right?

Rather than using the structure, create a separate position under shareholders equity where you include the current net profit/income by selecting all profit and loss accounts.

See the attached file for a simplified example.

Hope it helps.

ludwig

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Pranav Kumar replied on 2012-9-11 16:38

Hi,

What is the error message?

Pranav...

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MS replied on 2012-9-13 9:28

1581.Financial Statement Steps.docx

HI Pranav Kumar

ERROR MESSAGE

When I print the report below error came

“System error in calculation expression on the row structure:IS dimension name:Net profit”

If there is any problem in the calculation expression this error also come in the IS but its working fine. Another thing, if I select the another node from IS the value came.

Please find the attached for Financial Statment Steps

Warm Regards

MS

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Pranav Kumar replied on 2012-9-13 10:40

For testing purpose, remove that calculation and try running the report again. Make the copy if structure before deleting.

Pranav...

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MS replied on 2012-9-13 14:39

But i need a calculated Value...

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Solution (Not Verified) Pranav Kumar replied on 2012-9-13 19:33
Suggested by Ludwig Reinhard

That's fine. Just try once. I was configuring in AX 4.0 and there i faced some issue using structures. So i created duplicate of the row definition with calculation removed and called the updated row structure in the PL structure. 

Pranav...

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Solution (Verified) Ludwig Reinhard replied on 2012-9-13 19:52
Verified by MS

Hi MS,

If you get this error message, don't make your life difficult.

I suppose that you need to have total assets and total liabilities & shareholders equity balanced, right?

Rather than using the structure, create a separate position under shareholders equity where you include the current net profit/income by selecting all profit and loss accounts.

See the attached file for a simplified example.

Hope it helps.

ludwig

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MS replied on 2012-9-16 15:16

Thank you Ludwing....

 

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Patrick Am replied on 2013-1-14 23:47

Hello Ludwig and Pranav,  I need a P&L statement with two dimensions - BU and Department. My primary dimension set contains these two. Seconday dimension set is main-account set.  (do I need seconday?).  

Here is my set up -  Primary dimension set is "BU+Dept";  Seconday - Main-account Set;  In the set up - I use the row definition for secondary dimension set. 

I have 4 columns - Business Unit, Department, Account name and Current Year 

Account name - secondary dimension set name; 

current year - current 

what do I put for Business Unit and Department? Its bit confusing to generate per dimension. 

appreciate your help 

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ameen replied on 2013-1-17 8:24

Thanks Ludwig.

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