About settings for cost accounting

Important

This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.

Applies To: Microsoft Dynamics AX 2012 R3, Microsoft Dynamics AX 2012 R2, Microsoft Dynamics AX 2012 Feature Pack, Microsoft Dynamics AX 2012

The following steps will help you complete the base configuration for cost accounting.

Step	Form or situation	Description
1	Line structures	Group cost and service categories. The Expense distribution sheet and some inquiries are based on the line structures.
2	Hierarchies	Group dimensions. By using this functionality, you can easily create a profit center structure. You can execute some inquiries and reports based on the hierarchies. For more information, see Create hierarchy structures.
3	Expense distribution sheet	Create reports on your own. For more information, see Create an expense distribution sheet.
4	Reference tables	Create the reference tables that you want to use in distributions and allocations. In this form, you can only create the reference tables. To enter the values, click Calculation versions > Reference table values. For more information, see Create reference tables.
5	Calculation versions	Validate and summarize distributions and allocations.
6	Accrual schemes	Create accrual schemes. For more information, see Create a cost accounting accrual scheme.
7	Budget model	Create budget models. For more information, see About cost accounting budgeting.