Fund types (form) (Public sector) [AX 2012]
Updated: March 2, 2011
Applies To: Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012
Click General ledger > Setup > Fund > Fund types.
Use this form to set up fund types. Fund types are categories that you can use to group funds for detailed fiscal tracking and reporting. These fund types can be assigned to the funds that your organization sets up in the Funds form.
The Governmental Accounting Standards Board (GASB) recommends a set of Generally Accepted Accounting Principles (GAAP) for state and local governmental accounting. You can use these standards when you set up your own system of funds and fund types.