web
You’re offline. This is a read only version of the page.
close
Skip to main content
Community site session details

Community site session details

Session Id :
Dynamics 365 Community / Forums / Finance forum / Financial Dimension fo...
Finance forum

Financial Dimension for Legal Entity (Entity-Based)

(0) ShareShare
ReportReport
Posted on by G-Squared 244

Please advise on your experience with an entity-based Financial Dimension for Legal Entity.  

Our environment has multiple legal entities with a Shared Chart of Accounts.  Having the Legal Entity dimension would make it possible to put logic into the GL Account Structures for defining valid values per Legal Entity for the other Financial Dimensions.   

Question: How best can the default value for the Legal Entity dimension be populated?  One method would be to put a Legal Entity override on every Main Account for every Legal Entity and populate the value there for the Legal Entity dimension.  Data Management templates would help with this because 1000's of lines of detail for Legal Entity Overrides would be needed for our environment.

Is there a simpler method for specifying the default value for a Financial Dimension for Legal Entity?

Categories:
Finance and Operations
I have the same question (0)
  • Verified answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 299,846 Super User 2025 Season 2 on at
    RE: Financial Dimension for Legal Entity (Entity-Based)

    Hi G-Squared,

    The overrides would be the best place, but I wonder why you want to do this. Each transaction is tight to a ledger, representing the legal entity. So also storing the dimension value would be a duplicate of it. Usually a legal entity dimension is used with the purpose to know where costs/revenue came from or for allocation.

  • G-Squared Profile Picture
    G-Squared 244 on at
    RE: Financial Dimension for Legal Entity (Entity-Based)

    Hi André,

    Reasons for being interested in a Legal Entity dimension include:

    - LE dimension could be used to build logic in the GL Account Structure

    - LE dimension would be visible in Consolidation Companies to show the source of the entry.

    I am surprised that we would need to use the Legal Entity Overrides on every Main Account to specify the default value for the Legal Entity Dimension but it would work.  Data Management templates would be the way to load the defaults but it would many lines.  I am surprised that there is no place to specify a default value for a Legal Entity dimension at the level of Legal Entity / Company but I/we can work with it.

    Thank you for responding.

  • G-Squared Profile Picture
    G-Squared 244 on at
    RE: Financial Dimension for Legal Entity (Entity-Based)

    Another option is that I can use the Financial Dimension Legal Entity Overrides and suspend individual financial dimension values for specific legal entities.  When I do this, it removes the Financial Dimension value from the "List of Values" in the drop-down for the specific company as specified in the Legal Entity Override.

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

November Spotlight Star - Khushbu Rajvi

Congratulations to a top community star!

Forum Structure Changes Coming on 11/8!

In our never-ending quest to help the Dynamics 365 Community members get answers faster …

Dynamics 365 Community Platform update – Oct 28

Welcome to the next edition of the Community Platform Update. This is a status …

Leaderboard > Finance

Last 30 days Overall leaderboard

Featured topics

Product updates

Dynamics 365 release plans