Public sector [AX 2012]
Updated: April 18, 2012
Applies To: Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Use the following Public sector functionality to meet the rules, regulations, and reporting requirements for organizations that serve the public:
Fund accounting, derived financial hierarchies, and posting definitions for accounts receivable and the general ledger
Preliminary budgets, apportionments, and commitments
Billing codes, billing classifications, trading partner codes, and custom fields for free text invoices
General ledger year-end processing, which includes encumbrances and commitments on purchase orders
Electronic payments to vendors, signature pages for payment reports, and invoice payment holds
Public sector features are available only in some countries or regions. Contact your authorized reseller for more information.
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Business processes that are common to both the public and private sectors, such as budgeting, purchasing, accounts payable, and accounts receivable tasks, are performed by using core modules. Public sector functionality supplements the core modules with features that are specific to public sector organizations.