Analysis of Axis 10
Effective and efficient financial calculations play a very important role at quarter-end. At each quarter-end, there are strict time restrictions involved in preparing the Axis dataset model to run, outputting calendar year reports, reconciling and analyzing the results. The financial calculation software, Axis, plays a very crucial part in this process. It is vital that the calculations from Axis are accurate and produced in a timely manner. It is also important to keep up-to-date with all the new versions of Axis. Recently, the newest version, Axis 10, had been introduced with many new enhancements. These new features will be the key in efficient time management at quarter-end. Improvements to the software result in an initiative to convert all products from Axis 9.4 to Axis 10. This report will give a brief description of the Axis program, outlining the conversion process, and evaluate various problems faced. In conclusion, it will compare the advantages and disadvantages concerning the transition of the two version of Axis.
Axis in General
Axis is a software produced by GGY that can be used by all levels of people in an organization. It provides technical, actuarial and financial information. The software is also able to display results from a financial statement point of view. This allows the user to see how decisions can affect both the income statement and balance sheet. The versatility of the software allows user the opportunity to produce accurate financial calculation and make informed decisions. Recently, GGY had introduced a new version of Axis. This new version, Axis 10 has two main enhancements: Distributed Processing, Integration of Datalink and Object Explorer.
Conversion Process
Following is a user guide to a successful conversion from Axis 9.4 to Axis 10. It is very important to make sure that the datasets and databases are both converted into Axis 9.4 Maintained before getting started on the conversion into Axis 10.
To convert a dataset into Axis 9.4 Maintained:
1. Open up Axis 9.4 Maintained.
2. Click on Dataset Action button.
3. Scroll down and select the option Restore Dataset…
4. Browsed through the directory to where the dataset (version 9.4) was saved in the Open pop-up window.
5. Double click on the dataset name, and select Yes when asked ‘Would you like to convert it?’
6. Return to the Dataset window and back up that dataset to a folder on the LAN once it is converted into 9.4 Maintained.
To convert a database into Datalink Maintained version:
1. Open up Datalink Maintained version.
2. Click on File button.
3. Scroll down and select the option Backup/Restore Database.
4. Browsed through the directory to where the database (version 9.4) was located in the Backup/Restore Database pop-up window.
5. Click on Restore New.
6.