DimensionPath Fund Accounting enforces balanced general ledgers by Fund in Business Central, using Global Dimension 1 to identify the respective funds. Allow DimensionPath to automatically post due-to/due-from entries between funds when transactions cross fund lines. Optionally post commitment/encumbrance amounts to the general ledger for open purchase orders. Please review the highlighted app functionality below, and contact us with any questions or requests for additional information.
Fund Balancing Control
- DimensionPath enables Global Dimension 1 to work as a Fund identifier, enforcing a balanced general ledger by Fund
- Once enabled, the G/L will ALWAYS be in balance by Global Dimension 1 Value, facilitating full financial reporting by fund
Automated Posting for Inter-Fund Amounts Due
- Automatic generation of balancing due-to/due-from entries between funds whenever a G/L posting crosses fund lines
- Post vendor invoices with lines allocated to multiple funds, to have the amounts hit those funds (base BC) with DimensionPath automatically posting the due-to entries for those line funds to the header fund (with corresponding automatic due-from entries)
Centralized Cash Management
- Issue payments or post cash receipts in a central fund, applying the transactions to open documents in other funds (optional – not allowed by default)
- Suggest Vendor Payments and Suggest Employee Payments by Global Dimension 1 values, generating lines to either pay out of each fund or to pay open items across funds out of a centralized fund
Dimension Based User Security
- Define defaults and controls around dimension values by user
- Optionally restrict user data by dimension values, so that users can be set up to only see data for their funds
Commitment/Encumbrance Management
- Optionally configure posting of committed amounts on purchase orders to the G/L using a Transaction Type dimension to segregate ACTUAL entries from COMMITMENT entries
- If configured, DimensionPath will automatically post entries to recognize commitments when purchase orders are released, reversing those amounts upon reopening or posting the order
- Full visibility into actual incurred amounts versus budget, taking into account open (not yet received/posted) amounts committed for vendor purchases
Easy Cross-Fund Analysis
- Data for all funds is always readily available for analysis and reporting
- Easily slice and dice financials and other data by fund through simple filtering, at any time
- Define Financial Reports using filters to break out fund amounts in columns or rows
All Features from the Base DimensionPath App
- 8 Global Dimensions, Dimension Relations and Subsets, Dimension Synchronization
- MORE INFO…