Is multi-company within 1 AX company possible?

@simon

Hi there,

We currently run our business on NAV 2009.

We operate 10 separate companies (all part of the same group) within 1 NAV company, utilising a Dimension as the company identifier and some bespoke work for handling VAT returns.

The reason for this is all operations and administration is centralised and handled by the same departments. Logging into multiple companies or constantly switching would not be efficient.

We are now in the process of opening subsidiaries over europe and want to maintain the system we currently use.

However this brings about an issue as far as currency goes, we want to be able to create fiscal reports from the G/L and analyse stock valuation in the local countries currency. The primary currency in the system is currently GBP.

Does AX,out of the box, offer the functionality to store local (GBP) and foreign amounts on the nominal and stock ledger?

Thanks and regards

Simon

Miker

Hi.
In standart Ax modules almost all transactions saved in two currencies AmountMST and AmountCur