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Dynamics 365 Community / Forums / Finance forum / General Ledger Parameter
Finance forum

General Ledger Parameter

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Posted on by Bell.D 107

Hi everyone, 

I'm new to D365 and is working on my project where I'm creating an FDD on D365 and I need to include the basic purpose or function of a few features. Can someone please tell me what are the basic purposes of the following navigations in D365?

-General Ledger Parameter

-General ledger -Fiscal Calendar

-General ledger- Date intervals.

-General ledger- Accounts for automatic transactions 

-General ledger - intercompany accounting 

Thanks. 

.

Categories:
Financial Management
I have the same question (0)
  • Suggested answer
    Satish Panwar Profile Picture
    Satish Panwar 14,673 Moderator on at

    Hi Bell.D.... Welcome to D365 community.

    Please use docs website to read about these features, you can navigate and will find answer to most of what you have asked.

    docs.microsoft.com/.../general-ledger

    For example - link below provide details on fiscal calendar.

    docs.microsoft.com/.../fiscal-calendars-fiscal-years-periods

    Thanks,

    Satish Panwar

    Please help verify answer(s) if they guide you in right direction so other community members can also benefit from your question with verified answer.

  • Suggested answer
    Sukrut Parab Profile Picture
    Sukrut Parab 71,741 Moderator on at

    You can refer web search to know some of the things you listed above .

    Parameters forms you can set up all required parameters needed for GL module  in combination with other modules to work.

    Fiscal calendars - Read below link

    docs.microsoft.com/.../about-fiscal-calendars-fiscal-years-and-periods

    Date intervals are very useful in Financial statement  - cloudblogs.microsoft.com/.../

    Intercompany accounting

    docs.microsoft.com/.../intercompany-accounting-setup

    Refer below blog  to see key set ups needed for GL.

    dynamics-resources.com/.../

  • Ashley O Profile Picture
    Ashley O 317 on at

    1.  The general ledger parameters - are a broad range of configuration settings for your GL

    2.  Fiscal Calendar - you define your beginning date and end of the fiscal calendar, it normally reflects the country that your working in in terms of financial reporting year.  Eg in Australia the fiscal year ends 30th June.  Also this specifies the number of periods you have in a year it could be 12 or maybe 13 if you run, 4,4,5 accounting

    3.  Date Intervals, you can setup these to help in reporting date selection eg CP - current period YTD - Year to date.  This helps in reporting in that don't have to physically specify dates

    4. Accounts for Automatic transactions - There a range of accounts that can be used in Automatic transactions eg Year end result-  where the difference between Expense and Revenue accounts will be posted to the Retained earnings account.   There can also other accounts for rounding for penny differences in reporting  and accounting currencies

    5.  Intercompany accounting - if you have multiple legal entities in your environment and transaction between each legal entity these accounts are normally your inter-entity loan accounts.  These accounts will be posted to, to balance the transaction

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