Dax365FO

Architecture prospect The general ledger journal is one of the most important ways to do ledger entries in 365FO, but the aim of this article is not to discuss if it’s appropriate or not to use it because it requests a deep-dive analysis (we need an entirely book for that). It’s to provide a description Read more

Business requirement Sometimes, it is more convenient for the user to work in Excel and then import the data into D365FO, particularly when we have a massive volume of data to process. D365FO offers an integration between some tables and Excel. This integration can be leveraged to import data into the system. D365FO Solution The Read more

Business requirements The workflow applied on the general ledger has a specific purpose: to authorize the posting of the journal. So, it’s the final step before the posting, where we will ask the approbator if to approve or not the journal. Solution D365FO There are two alternative ways to set the approver on a journal: Read more

Business requirements Different solutions can be used to manage intercompany transactions. This type of journal is typically used for intercompany eliminations, as it represents purely general ledger entries. Therefore, it is not the appropriate tool to involve other elements such as tax implications, management accounting considerations, and similar aspects. The accounting matrix of an intercompany Read more

Business requirements Sometimes, the request is to insert a description in the journal to better understand the cause of the registration. In D365FO, it is possible to manually insert the description or decide to re-use a predefined description or reason code. As the name says, the predefined description allows us to insert a predefined value Read more

Business requirements Accruals are the postings used to allocate revenue or costs throughout the time. For example, when we record an insurance invoice, we have to make a one-shot cost recognition. However, the insurance contract covers several months. So, we have to split this cost among the different months to represent the real cost in Read more