Advanced features of the Microsoft Dynamics AX 2012 R2 Service Industries Project contracts Advanced billing rules Customer retention and advanced invoicing Indirect costs Effective labor rate Budgeting and forecasting Revenue recognition BI & Analytics

Localization for additional markets (including Brazil, India, and China Project accounting enhancements Cross-company project list Estimate project usability Funding source enhancements Project budget enhancements Resource scheduling enhancements Intercompany resource scheduling Functional enhancements Improved user experience Richer reports Time and expense enhancements Intercompany expense lines Expense report usability Integration of task assignments in timesheet Advanced features of the Microsoft Dynamics AX 2012 R2 Service Industries

Project invoicing enhancements Rationalized the invoice proposal creation between Project Accounting I, II and III (SI) Enhancements to improve ease of use and alignment with industry requirements BI/Analytics enhancements Enhanced Role Center with high performance charts Enhanced flexibility in the Business Overview Webparts Advanced features of the Microsoft Dynamics AX 2012 R2 Service Industries

The Company Contoso Consulting is a mid-sized IT services firm Subsidiaries in US, UK and France Many concurrent projects and customers Has a broad mix of consultant skill sets Mainly does time and materials projects with some fixed price projects May resell hardware & software as part of a project Contoso US just signed a $1 million project to implement an ERP system at Sensational Discount Store 3 month, fixed-price project for implementation Custom report development on T&M with cap basis Training materials on a unit of delivery basis Revenue recognition for the fixed price portion will be on a percentage of completion basis The Scenario

Process Invoice Review Performance Approve invoice

Working across multiple projects & organizations Projects visible across companies Project cost management Effective labor rate (ELR) computed based on reported time and worker calendar Budget checking in journals on line save Budgets can now include quantities in addition to amounts Maximization of cash inflows Ability to consume project items on product receipt

Revenue recognition and project funding Automatic background creation of estimate project when creating fixed price projects ‘On-hold’ funding source balance visibility via fact box

Cash inflow, outflow, and net cash flow Compare actual to budget Billable rate, Efficiency Rate Compare Actual to Budget Actual, Budgeted and Committed Cost Compare total cost to original budget P&L / Revenue, Cost, Gross Margin, WIP Compare actual to Budget Statement Cost Control Hour Utilization Cash Flow Invoiced, Chargeable, None Chargeable Compare actual to quotation Invoice Control SSRS Reports Inquiry Forms OLAP Cube