Dimensions
The basic financial entry model and the organizational structure in the solution are defined by the use of entry dimensions.
You add dimensions to any transaction across modules. The dimensions therefore help ensure that the right data can be extracted in Maconomy business reports.
The Maconomy solution has 24 generic dimensions and an additional 6 entry dimensions: Project, Customer, Vendor, Employee, Activity, and Task. You can track these items in the General Ledger module, and in the currently active module (such as Project Cost, A/P, or A/R).
The following dimensions are preconfigured in the PSO Solution.
Dimension | Description |
---|---|
Company | The parent company (you can set up the solution with multiple companies). |
Responsible Department | The department that is responsible for the project. |
Executing Department | The department to which an employee belongs. |
Project Type | The type of the project. The project type could be “Implementation of ERP system” or “Hardware installation” in the case of an IT consulting company. |
Business Area | The business area within which the customer operates. You can assign to each customer a specific business area that reflects the line of business, such as Consulting, Advertising, Shipping, or Audit. |
Account | The Chart of Accounts is the primary entry unit in the finance system. |
Project | Any internal or external project on which time and costs can be entered. |
Customer | The customer that is invoiced. |
Vendor | Any third party from which external goods or services are purchased. |
Employee | An employee in the company. |
Task | The lowest entry level in the project cost system. |
Activity | The link between the project cost system and the finance system. The activity is derived from the task. For each activity, you set up a set of posting references, deriving account postings in the finance system. |
Parent Topic: PSO Business Model for Financial Transparency