A wizard is available in Dynamics Ax 2009 for creating Finance Dimension. Its a very easy process. It is not a sequence of processes like 3.0. It is a wizard just write the Name & Label and then dimension creation has been completed. All internal processes are done by Axapta itself internally. Here some screenshots of creating a new dimension.
Fig 1: Path of Wizard
Fig 2: Input for Dimension
Place here Dimension Name, Dimension Caption.
Fig 3: Finish to complete Process
Note: Synchronize the database and restart the service after completing above procedure.
Finance Dimension up-gradation is depend upon license
Please do not try in Live application directly. Take a back up & implement in test environment at first.