Microsoft Dynamics AX financial module provides functions and tools needed for accounting process according to requirements of law and managerial accounting and also for reporting and data analysis.

The main functions of the system:

• Multicurrency accounting: conversion of currency , currency difference transactions;
• Financial planning including liquidity forecasting and budgeting;
• Data consolidation of various companies of a holding; support of unlimited number of companies in one base;
• Payment process with contractors;
• Registration and approval of invoices;
• Barter transactions;
• Optional setup of tax types (VAT, sales tax, dues).