Cost Accounting Archives - Impulz Technologies LLC https://impulztech.com/tag/cost-accounting/ Microsoft Dynamics and Power Platform consulting company Wed, 24 Apr 2024 09:08:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://impulztech.com/wp-content/uploads/2022/08/cropped-impulz-tech-32x32.png Cost Accounting Archives - Impulz Technologies LLC https://impulztech.com/tag/cost-accounting/ 32 32 Optimizing Azure Workloads: Automate VM Startup and Shutdown https://impulztech.com/optimizing-azure-workloads-automate-vm-startup-and-shutdown/ Wed, 24 Apr 2024 09:06:48 +0000 https://impulztech.com/?p=3667 Pre-Requisite Azure Active Subscription (https://portal.azure.com/) Basic Scripting Introduction to Azure Virtual Machines (VMs) Azure Virtual Machines (VMs) serve as the backbone of countless applications and services hosted on Microsoft’s cloud platform. Offering unparalleled flexibility and scalability, Azure VMs empower businesses to deploy a wide range of computing solutions, from simple web applications to complex enterprise […]

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Pre-Requisite
  • Azure Active Subscription (https://portal.azure.com/)

  • Basic Scripting

Introduction to Azure Virtual Machines (VMs)

Azure Virtual Machines (VMs) serve as the backbone of countless applications and services hosted on Microsoft’s cloud platform. Offering unparalleled flexibility and scalability, Azure VMs empower businesses to deploy a wide range of computing solutions, from simple web applications to complex enterprise workloads. These virtualized instances provide on-demand access to computing resources, enabling organizations to swiftly adapt to fluctuating demands without the overhead of managing physical hardware. With Azure VMs, users can choose from a diverse selection of operating systems and configurations, tailoring their environments to meet specific requirements. Whether for development, testing, or production environments, Azure VMs offer a reliable and cost-effective solution for modern cloud computing needs. By automating VM startup and shutdown we can not only optimize the cost but our workloads too.

Importance of Automation in VM Management:

Automating virtual machine (VM) management tasks is crucial for modern cloud environments like Azure. With the ever-growing scale and complexity of cloud deployments, manual management becomes impractical and error-prone.By automate VM startup, shutdown, and scaling, enabling organizations to operate more efficiently, reduce human error, and focus on strategic initiatives. By implementing automation, businesses can ensure consistent performance, optimize resource utilization, and enhance overall productivity.

Benefits of Auto Start and Auto Shutdown Policies:

Auto Start and Auto Shutdown policies offer significant benefits in Azure VM management. Firstly, they enable organizations to optimize costs by automatically starting VMs only when needed, preventing unnecessary usage and expense. Conversely, auto shutdown ensures resources are not left running idle, reducing waste and lowering operational costs. Additionally, these policies enhance reliability and security by ensuring VMs are consistently available during business hours and safely powered off during non-operational times. Overall, Auto Start and Auto Shutdown policies play a pivotal role in maximizing efficiency, minimizing costs, and maintaining a well-orchestrated Azure environment.

Configuring Auto Start for Azure VMs:

Here are the detail steps to configure the auto-start VM in Azure:

  • In Azure, First go to Automation Accounts resource and click on create a new resource.

  • You have to give your automation account name, resource group and select the region and subscription in which your VM’s are placed and click on create.

  • After the resource has been created go to it’s overview page and from there you can find different options in sidebar, look for Runbook, select it and then click on create a new runbook button.

  • Give runbook a name, select python workflow as a runbook type. Select its available version and click on create button.

  • Now in Automation Account page search for schedules in a sidebar and click on create a new schedule.

  • On create a schedule page, you can give your schedule a name and the date in which you want to start schedule and modified it according to your needs.

  • Now in runbooks, go to the runbook which you have just created. Click on edit btton at the top, so we can write our modified script in there.

  • Write the following script, change the resource group name and vm name according to your environment. After test it and publish it by clicking on publish button.

  • Now just click on schedule in runbook page and then click on add a schedule button. And select the schedule which you just had created.

  • Now your auto-start runbook is done and it runs on assigned schedule you can check the results in jobs section. In the runbook sidebar to see the output of the runbook process and its done!

Implementing Auto Shutdown for Azure VMs:

  • Log in to the Azure Portal  and navigate to the Virtual Machines blade.

  • Choose the virtual machine for which you want to set up auto shutdown.

  • In the virtual machine’s menu, select “Auto-shutdown” under the Operations section.

  • In the Auto-shutdown blade, toggle the “Auto-shutdown” switch to enable the feature. Then, specify the desired shutdown time and time zone. Optionally, you can set a notification to alert users before shutdown.

  • Once you’ve configured the auto shutdown settings according to your requirements. Click the “Save” button to apply the changes.

Conclusion:

In conclusion, By automate VM startup and shutdown processes of Azure VMs brings numerous benefits to organizations utilizing cloud infrastructure. By implementing Auto Start and Auto Shutdown policies, businesses can optimize resource utilization, reduce costs, enhance reliability, and improve overall operational efficiency. These policies streamline routine tasks, mitigate human error, and ensure that VMs are available when needed while minimizing waste during idle periods. Through the deployment of automation, organizations can focus their efforts on strategic initiatives rather than mundane maintenance tasks, ultimately driving innovation and competitiveness in the cloud era.

You can checkout our further blogs by going to this link: Blogs

HAPPY LEARNING !

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Landed Cost – Auto Cost Setup in Microsoft D365 Finance and Supply Chain https://impulztech.com/landed-cost-auto-cost-setup-in-microsoft-d365-finance-and-supply-chain/ Wed, 20 Dec 2023 13:38:10 +0000 https://impulztech.com/?p=3617 Earlier in our last blog, we explored the creation of custom cost type codes within the Landed Cost module and discussed improvement of item cost allocations. Next, let’s fast-track your workflow by integrating these codes into the Auto Cost Setup in D365. Streamlined Efficiency: By effortlessly integrating custom cost type codes into Auto Cost, we […]

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Earlier in our last blog, we explored the creation of custom cost type codes within the Landed Cost module and discussed improvement of item cost allocations. Next, let’s fast-track your workflow by integrating these codes into the Auto Cost Setup in D365.

Streamlined Efficiency:

By effortlessly integrating custom cost type codes into Auto Cost, we ensure a precise and automated allocation of charges directly to items. This strategic move streamlines your shipment processes, eliminating manual efforts and accelerating cost allocations in real-time.

Tailored Precision:

Customization takes center stage as businesses utilize these integrated codes for item-specific cost allocations. Consequently, bid farewell to generic cost assignments; instead, welcome a tailored approach that mirrors the unique aspects of your product lineup.

Key Benefits:

Precision in Allocation:

Ensure accuracy by allocating costs with surgical precision. The integration of custom codes guarantees accurate accounting for each item’s cost.

Efficiency in Operations:

Automate cost allocations for a more efficient workflow. No more manual adjustments—experience the ease of a system that handles costs in real-time.

Enhanced Financial Visibility:

Enjoy a clearer financial landscape with a deep breakdown of landed costs. Custom codes provide a detailed view for better decision-making.

Pre-requisites:

Before setting up Auto cost, you have to set up the “Item Cost Type group” and “Vendor Cost Type group” and assign the Item cost type group to the Item and the Cost type group to the Vendor. To do this, follow these steps.

Vendor cost type group Setup:

  1. Navigate to Landed cost > Costing setup > Vendor cost type groups.
  2. Click on New.
  3. In the Cost type group field, type a value.
  4. In the Description field, type a value and click save.
  5. Then navigate to Accounts payable > Vendors > All vendors.
  6. In the list, find and select the desired vendor.
  7. Expand the Miscellaneous details fast tab.
  8. In the Cost type group field, select a cost type group you just created and click save.

Item cost type group Setup:

  1. Navigate to Landed cost > Costing setup > Item cost type groups.
  2. Click on New.
  3. In the Cost type group field, type a value.
  4. In the Description field, type a value.
  5. Close the page.
  6. Navigate to Product information management > Products > Released products.
  7. In the list, find and select the desired record.
  8. Expand the Purchase section.
  9. In the Cost type group field, select a group you just created and click save.

Once the Vendor Cost type group and Item Cost type group is setup and allocated next thing, we need to look in is these two-apportionment method.

Volumetric Apportionment:

Volumetric apportionment method. This is how shipment companies usually calculate dimensional weight and actual weight, and then charge their users according to whichever is higher. Now, the question arising here is what Dimensional Weight is? Shipping companies usually determine the divisor for calculating Dimensional Weight, usually dividing the volume of an item by 5000 for weight in kilograms and by 138.4 for pounds, while the actual weight represents the normal weight.

Measurement Apportionment:

Next thing is measurement method this is basically for organization that don’t know the actual volume of the item, but they still need a method to calculate cost, measurement is not specific like volumetric this can be anything like height length volume size no of items etc. for understanding measurement have a look at following example.

Measurement-Apportionment

 

Auto Cost Types:

Now, let’s delve into the setup of Auto Cost, which operates much like a trade agreement, allowing you to allocate specific amounts to particular items based on your business requirements. You can allocate Auto Cost to Voyages, Items, Purchase Orders, Transfer Order Lines, Ship Containers, and Folios.

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Auto Cost Setup:

Header Explanation:

For a closer look at Auto Cost on Voyages, observe the settings below. Setting the “Account Code” to “All,” signify that the Auto Cost Setup applies to all created voyages. Alternatively, you can set it to a specific vendor cost type group or designate a particular shipping company by choosing “Group” or “Table,” respectively.
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The “Mode of Delivery” field is the method through which the delivery occurs, whether it’s by Ocean, Air, or any custom value you’ve defined. In this setting, here it is specified as “40,” representing ocean delivery.

You can define the journey of your shipment using journey template by selecting values in the “To” and “From” fields, a separate setting in landed cost we will explore it in our future blogs.

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Grid Explanation:

Moving on to the Auto Cost Grid, click on the “Add” button to create a new row. Then in the first column, specify the cost type code you created, classifying the type of cost (e.g., Duty, Freight).

The “Apportionment Method” is chosen from a predefined drop-down, determining how the cost will be allocated to your voyages—options include percentagewise, fixed amount, quantity, volumetric, measurement, and more.

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Proceed to the “From” and “To” date columns to define any expiry on duty. The “Category” column determines how the apportionment will impact the voyage amount; it is a predefined drop-down linked to the “Apportionment Method” column. Options include percentage, rate, fixed, volumetric, and others.

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Next column is a check box of “broken by quantity” this can be used to define the quantity breaks to allocate different cost on different quantity.

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After that, there is a column for cost amount and currency code, which can be used to define the currency of values to be apportioned.

Moreover, you can also define the minimum cost if there is a requirement for a minimum cost in your cost allocation.

Additionally, if one cost is linked to another cost, like if duty is allocated as 20% of freight, you can select the percentage in the apportionment method of Duty with a cost of 20 and define freight in the linked cost.

So, this is all for Auto Cost for now we will explore more in our next blog, Happy Learning!
Thank You!

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