A company is implementing Dynamics 365 Finance. The company must create the structure that provides a breakdown by subcategories of all the company financial transactions by accounting period. Only on

The correct answer is C. chart of accounts. Selecting the chart of accounts For each legal entity in Microsoft Dynamics 365 Finance, details about the ledger must be configured. The Ledger page lets you select the chart of accounts and the account structures that will be used for the selected legal entity. You can share yo

Describe Dynamics 365 Finance

Question

A company is implementing Dynamics 365 Finance. The company must create the structure that provides a breakdown by subcategories of all the company financial transactions by accounting period. Only one structure is required per legal entity. You need to configure the structure. What should you use?

Options

Ageneral journal
Bcompany
Cchart of accounts
Dledger

How the community answered

(17 responses)

A
6% (1)
C
88% (15)
D
6% (1)

Explanation

Selecting the chart of accounts For each legal entity in Microsoft Dynamics 365 Finance, details about the ledger must be configured. The Ledger page lets you select the chart of accounts and the account structures that will be used for the selected legal entity. You can share your chart of accounts and the account structures by configuring the Ledger page in each legal entity to use the same chart of accounts and account structures. You can also share part of the configuration in each legal entity and have specific configurations in each legal entity. https://learn.microsoft.com/en-us/dynamics365/finance/general-ledger/configure-ledger

Topics

#Chart of Accounts#Financial Structure#Dynamics 365 Finance#Accounting Fundamentals

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