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Chart of Accounts looks upside down

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Posted on by RG-05092251-0

New to Dynamics 365 - In setting up our company, the preloaded chart of accounts (numbers and names) looks like it is European style where the number order of the accounts on the balance sheet like Intangible assets, Land, etc. are the first items. My experience is that a US balance sheet usually starts with cash & liquid assets at top (not bottom). Is there somewhere to reset the chart of accounts to a US layout?

Thanks,

Rick

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Dynamics 365 Business Central

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YUN ZHU 74,036 Super User 2024 Season 2 on at

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Chart of Accounts looks upside down

This is decided by each company. I don't know where your template comes from. If you don't need it, you can delete it and recreate it.

https://learn.microsoft.com/en-us/dynamics365/business-central/finance-setup-chart-accounts?wt.mc_id=DX-MVP-5004336

Hope this helps.

Thanks

ZHU
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Yi Yong 1,450 Super User 2024 Season 2 on at

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Chart of Accounts looks upside down

Hello,

You can delete the chart of accounts record using different methods.

https://navinsights.net/2020/10/27/4-ways-to-delete-records-from-a-table/
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Valentin Castravet 24,910 Super User 2024 Season 2 on at

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Chart of Accounts looks upside down

Its a chart of accounts that follows the IFRS standards and there is no option to change it. Its simply there for demo data. If you're setting up your own company you would typically load your own chart of accounts instead of using the demo one.

Valentin Castravet
Work: Zander ERP Services
Blog: Dynamics 365 Business Central Insights
LinkedIn: www.linkedin.com/in/valentin-c-0500a247/