Ledger entries setup approach

Ledger entries setup approach

It’s been a long time since accountants kept journals on paper and posted amounts to a ledger book. Modern bookkeeping software creates general ledger entries automatically based on the business operations performed. In order to be able to post an entry, the usual need is to set up which account should be used for the exact operation in the software. In this post I would like to share the approach I usually follow to┬áset up ledger postings in Dynamics 365 for Operations (aka Dynamics AX or Axapta).
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