Tag Each Master Record
After you set up dimensions, you need to “tag” a dimension to each master record that you would like to report on, such as employees, customers, and projects.
Following are some examples of common master records to tag with dimensions.
Employees: You may want to report by employee department, so use a dimension to tag on each Employee record in your system. For instance, use the Executing Department dimension to identify that an employee belongs to the “Admin” department, or perhaps a billable service line such as “Consulting,” “Management,” “Audit Services,” and so on.
Customers: You may want to use Maconomy to report on how well you are servicing your industries, and where your firm is striving and struggling. You can do this by tagging a dimension to each Customer record. For instance, you can use the Specification1 dimension and name it “Industry Segment.” Then, on each customer record, choose an industry such as “Manufacturing,” “Healthcare,” and so on.
Projects: You may want to use Maconomy to report on departmental profitability according to the services you provide. In this case, you can tag each Project in your system with a dimension. For instance, use the Responsible Department dimension to identify to which department a project belongs, such as “Consulting,” “Tax Services,” “Audit Services,” “Wealth Management,” and so on.