Chart of Accounts in Microsoft Dynamics AX captures financial information to make good financial decisions. An account number is assigned each account as a unique identifier.
The chart of accounts is shared and is a list of main accounts and account structures that define a chart of accounts in use by one or more
This step by step guide explains following procedures in Microsoft Dynamics AX;
- Create, edit, close, or delete Main account categories
- Create a new account in the Chart of Accounts (COA)
- Define main account information
- Define administration information for the main chart of accounts
- Define setup information for the main chart of accounts
- Set up account structures
- Set up advanced rules
- Create a ledger
- Set up accounts for automatic transactions
- View inquiries and reports related to the Chart of Accounts