General Ledger
Update currency exchange rates
In this article Currencies Exchange rates Adjust exchange rates Preview the effect of an adjustmentShow 5 more If you trade in different currencies, you need to keep track of the changes in currency exchange rates. Business Central helps you manage ...
Currencies in Business Central
In this article Currencies Exchange Rates See Also As companies operate in more countries/regions, it becomes essential that they are able to trade and report financial information in more than one currency. The local currency (LCY) is defined in the ...
Allocate recurring costs and income
In this article To set up allocation keys To change an allocation key that has already been set up See also You can allocate an entry in a recurring general journal to several accounts when you post the journal. To learn more about recurring general ...
Create G/L Budgets
In this article To create a new G/L budget Exporting and importing G/L budgets with Excel See also You can have multiple budgets for identical time periods by creating budgets with separate names. First, you set up the budget name and enter the ...
Reverse Journal Postings and Undo Receipts/Shipments
In this article To reverse the journal posting of a general ledger entry To post a negative entry To undo a quantity on a posted purchase receipt To undo and then redo a quantity posting on a posted return shipment See Also Reverse journal postings ...
Post Transactions Directly to the General Ledger
In this article To post a transaction directly to a general ledger account See Also You use general journals to post financial transactions directly to general ledger accounts and other accounts, such as bank, customer, vendor, and employee accounts. ...
Understanding the General Ledger and Chart of Accounts
In this article General ledger setup and general posting setup The chart of accounts Account categories Get a quick overviewShow 2 more The general ledger (G/L) stores your financial data, and the chart of accounts (COA) shows the accounts all ...
Troubleshooting and Correcting Dimensions
In this article Troubleshooting Dimensions Errors Changing Dimension Assignments After Posting See also Financial reporting and analysis views often rely on data from dimensions. Despite the safeguards that are available, sometimes a mistake happens ...
Work with Dimensions
In this article Analyzing by dimensions Dimension sets Setting up dimensions Getting an overview of dimensions used multiple timesShow 2 more Dimensions are values that categorize entries so you can track and analyze them on documents, such as sales ...
Defer Revenues and Expenses
To recognize a revenue or an expense in a period other than the period in which the transaction was posted, you can use functionality to automatically defer revenues and expenses over a specified schedule. To distribute revenues or expenses on the ...