Get started with chart of accounts in Dynamics 365 Finance

Intermediate
Functional Consultant
Dynamics 365
Finance

Before you set up a chart of accounts, you should plan what the chart of accounts is going to look like. The definition of a chart of accounts can be different across industries and can be different for customers. This module explores the process of planning and setting up a chart of accounts that's tailored to meet the specific needs of a customer's finance department.

Learning objectives

This module explains the following concepts:

  • Plan your chart of accounts.
  • Understand multiple chart of accounts if your organization plans to use multiple legal entities.
  • Set up a chart of accounts.

Prerequisites

  • Basic understanding of finance and accounting processes
  • Ability to use Dynamics 365 Finance for basic processing
  • General knowledge of basic navigation in Dynamics 365 Finance