Now that Microsoft has retired FRx, report conversions have become a checklist item for replacing the retired financial report writer. This article will discuss FRx report conversions and the third party reporting tools offering FRx upgrades.
The era of FRx is over – and has officially been over for a little while. On this blog, I have written about how to replace the Microsoft financial report writer – and the costs associated with that task. But now, as companies are moving away from FRx, replacing it with Microsoft’s successor, Management Reporter (MR), or even already replacing MR, there is a demand for converting the financial reports created in FRx to the selected new solution. Logically, some software manufacturers anticipated this and produced a conversion tool, ensuring that the transition in reporting is more automated. However, as some companies may still be procrastinating with replacing FRx, there is probably a general confusion about options to make this upgrade. In this article, I’m going to discuss the routes for FRx conversion, so that if you haven’t participated in this important task or have moved on, but still holding on to FRx because you don’t know how to convert your old reports, you will be aware of your options.
Let’s first tackle MR since I know a lot of people went to Microsoft’s replacement, probably by default. If you are in this boat, you might already know that MR comes with automatic conversions of FRx reports. MR is the follow up to FRx, and the two products are very similar, with perhaps the main exception being an updated main user menu and some minor feature enhancements (and loss of certain features), so this conversion is not necessarily rocket science. However, the real frustration with MR is the all too familiar limited features and functionalities. It is still a proprietary interface, so the familiarity of Excel is not there. The conversions assist this update, but MR is arguably not much of an upgrade with only providing basic GL reporting, but you can feel pretty confident that your FRx reports will come with you using this financial report writer.