Microsoft D365-Business Central-Financial Management -

Microsoft D365-Business Central-Financial Management

Locus IT ServicesMicrosoft D365-Business Central-Financial Management

Lesson 2: Chart of Accounts

Chart of Accounts

The chart of accounts shows the ledger accounts that store your financial data. Business Central includes a standard chart of accounts that is ready to support your business. However, you can change the default accounts, and you can add new accounts

Adding or Changing Accounts

From the chart of accounts, you can open each G/L accounts and add or change settings.

 Note : You can delete a general ledger account. However, before you delete it, the following must be true:

  • The balance on the accounts must be zero.
  • The Allow G/L Acc. Deletion Before field must be set on the General Ledger Setup page, and the account must not have ledger entries on or after that date.
  • If the Check G/L Account Usage field on the General Ledger Setup page is selected, then the account must not be used in any posting groups or posting setup.

Business Central will prevent you from deleting a general ledger account that stores data that is needed in the chartof accounts.

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