One of the worst reporting headaches is producing output for the finance department. The reports need to meet strict standards, be penny perfect, and the end user always wants the report to be in excel. With reporting services in SQL Server 2005 this could be done by the IT department but the real solution is to let the finance types do it for themselves. Performance Point went some way to addressing this and for those customers with Dynamics there was FRx. So three ways of doing things - a typical Microsoft approach.
Then very quietly, in fact so quietly that you would only know about it by searching for it by name, Management Reporter quietly launched down the Microsoft slipway on 29th January. Management Reporter is a free add-on to Performance Point users with software assurance. It's specifically designed for finance users to do reporting in Excel. It has a lot of financial intelligence built in and support for regulatory compliance e.g. Sarbannes Oxley (SOX), International Financial Reporting Standards (IFRS), and Generally Accepted Accounting Practices (GAAP) to name a few.
Unlike FRx, your accounts don't have to be in Dynamics to use it and you can save the design as a reporting services report so information can be disseminated to other parts of the business who don't have Performance Point.
Does it create journals in GP for consolidation and elimination purposes?
Sojan
No reporter is just a onew way reporting tool
Is there a way to record comments at the company, business unit, account, transaction level for publication within financial statements (e.g. footnotes)?
Andrew
This FRx isn't really my thing but I'll try and find out.
To Bryan Schoening:
We just found a major problem with Management Reporter -- they advertise drill-down capability, but if you're using a dimensioned database (we use Epicor 9), the drill-down only gives you GL account #'s without descriptions. Completely useless unless you happen to have your entire chart of accounts memorized. Microsoft has basically said "tough luck - we don't plan to fix it".
I would suggest that you fix this obvious oversight. In the meantime, we will have to search for a different solution.
So, as the title of this article seems to infer, is Management Reporter the replacement for FRx? What is the method for current FRx customers to make the transition, technologically, license, etc.?
Hi ! We are new in the work with mmr but we have a problem with the reports some times the system runs ok but sometimes the system generate a TIMEOUT and nobody work with this. Do you know wich is the process to get information about this error?
Regards
We are currently using FRX for our financial reporting needs. We were informed that there will no longer be any support available for FRX, and that we must switch to Management Reporter. Is this accurate? If so, is there a downloadable manual available, so that we may become familiar with the product before we convert?
Kathleen there is a conversion tool, on the dynamics site, to move form FRx to reporter. the tool does come wiht help as part of the install so have you looked at that.
We are using FRX but considering moving to Management Reporter. What can Management Reporter do that FRX can not? What are the benefits of changing?
the issues around chnaging are here ..
support.microsoft.com/.../2425087
but I don't know too much about Manageemnt Reporter or Dynamics I'm afraid
Hello. I need to know if Management Reporter has a finance forecasting function. Also, can it pull data from other applications and/or databases?
Thanks,
Kendra