about-traditional-financial-statements.md

title	TOCTitle	ms:assetid	ms:mtpsurl	ms:contentKeyID	author	ms.author	ms.date	mtps_version	f1_keywords	audience	ms.search.region
About traditional financial statements	About traditional financial statements	7d79fdd6-ef67-4f35-976a-114530441643	https://technet.microsoft.com/library/Aa571532(v=AX.60)	36058305	tonyafehr	daxcpft	04/18/2014	v=AX.60	financial statements financial statement	Application User	Global

About traditional financial statements

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

A financial statement is a statement of an organization's financial state at the end of a defined period. It can include an operating statement (an income statement that includes the results that are shown with regard to profit and loss of typical business activities), a balance sheet (assets and liabilities), and other financial information.

Note

This topic includes information about features that were added or changed for cumulative update 6 or later for Microsoft Dynamics AX 2012 R2. This information also applies to AX 2012 R3.

To print financial statements, you can use Management Reporter, or you can use the traditional financial statements that are included with Microsoft Dynamics AX. For more information about how to print financial statements by using Management Reporter, see Management Reporter for Microsoft Dynamics ERP.

To use the traditional financial statements, you must select the Financial statement (traditional) configuration key.

You can design a traditional financial statement by using only ledger accounts. Because the ledger account functions as a dimension when you create traditional financial statements, the account must be set up as a dimension.

After you design a traditional financial statement, you can quickly and easily generate traditional financial statements for each financial period and for the whole year.

You can also export traditional financial statements to Microsoft Excel.

The following topics explain how to use traditional financial statements.

Topic	Description
Design the row structure of a traditional financial statement	Describes how to design the rows of a traditional financial statement. These instructions include details about the row structure and information about the rows of a cash flow statement.
Design the rows and columns of a traditional financial statement	Describes how to design the rows and columns of a specific traditional financial statement and determine the level of detail of the rows that are printed on the financial statement report.
Generate, print, and export a traditional financial statement	Describes how to generate, print, and export a traditional financial statement.
Set up file formats for the export of a traditional financial statement	Describes how to set up file formats for the export of a traditional financial statement.
Import and set up XBRL taxonomies	Describes how to use XBRL taxonomy on a traditional financial statement.
About the cash flow statement	Describes the the cash flow statement.