Setting Up or Changing the Chart of Accounts

The chart of accounts shows the ledger accounts that store your financial data. Dynamics 365 for Financials 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 account 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 account must be zero.
  • The Allow G/L Acc. Deletion Before field must be set in the General Ledger Setup window, and the account must not have ledger entries on or after that date.
  • If the Check G/L Account Usage field in the General Ledger Setup window is selected, then the account must not be used in any posting groups or posting setup.

Financials will prevent you from deleting a general ledger account that stores data that is needed in the chart of accounts.

See Also

The General Ledger and the Chart of Accounts
Managing Bank Accounts
Working with Dimensions
Importing from Other Finance Systems
Working with Financials

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