I have a few queries regarding ledger settlements in D365FO:
1. Are ledger settlements mandatory or optional?
2. If ledger settlements are performed and later reversed due to year end close reversal, and we do not perform settlements again, what is the financial impact?
3. Once ledger settlements are used, can they be turned off in Ledger parameters?
4. Although we have not enabled automatic settlements in Ledger parameters, the system is still creating settlements automatically. Is this standard system behavior, or is it related to a new feature?
Are ledger settlements mandatory or optional?Optional - Ledger settlements are optional and used only for reconciliation and tracking; they do not affect financial postings or balances.
If ledger settlements are performed and later reversed due to year end close reversal, and we do not perform settlements again, what is the financial impact? No Financial Impact - Reversing settlements due to year-end close and not reapplying them has no financial impact—GL balances and financial statements remain unchanged.
Once ledger settlements are used, can they be turned off in Ledger parameters?Yes - Ledger settlement functionality can be turned off in Ledger parameters; this stops new settlements but does not remove historical ones.
Although we have not enabled automatic settlements in Ledger parameters, the system is still creating settlements automatically. Is this standard system behaviour, or is it related to a new feature? Standard Feature - Review main account setup, ledger parameters, posting profiles, and the transaction source to identify why automatic settlements are occurring.
These are my observations based on my experience; there may be differing perspectives from other experts. You may consider reviewing or testing this further in the lower environments.
Regards,
Abhilash
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