A company is implementing Dynamics 365 Business Central. Vendor open balances need to be posted to the general ledger (G/L) account directly by using the general journal. You need to configure the…

The correct answer is D. Direct Posting. Direct posting is a very important field. It is used to enable or disable posting directly to the account. How? So, there are G/L accounts that you assign to posting groups like the receivables account, the payables account, and so on, and you would clear the field. In short…

Configure financials

Question

A company is implementing Dynamics 365 Business Central. Vendor open balances need to be posted to the general ledger (G/L) account directly by using the general journal. You need to configure the G/L account to allow users to post vendor open balances to payables accounts. Which setting should you use?

Options

AAccount Category
BIncome/Balance
CDefault Deferral template
DDirect Posting

How the community answered

(28 responses)

B
4% (1)
C
4% (1)
D
93% (26)

Explanation

Direct posting is a very important field. It is used to enable or disable posting directly to the account. How? So, there are G/L accounts that you assign to posting groups like the receivables account, the payables account, and so on, and you would clear the field. In short, direct posting is not allowed there because of the choice you made. You can only post through a posting group.

Topics

#G/L account#direct posting#vendor open balances#payables account

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