Ledger entries setup approach

Ledger entries setup approach

It is far away that time when an accountant kept journals on paper and then posted amounts to a ledger book. A modern bookkeeping software creates general ledger entries automatically based on business operations performed. In order to be able to post entry the usual need is to set up in the software which account should be used for exact operation. In this post I would like to share an approach I usually follow in order to set up ledger postings in Dynamics 365 for Operations (aka Dynamics AX or Axapta).
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