A company implements Dynamics 365 for Finance.
They need additional information and want a subledger to record information for additional reporting rather than customizing all reports.
You need to set up the posting to accommodate the need for a subledger.
Which three actions should you take? Each answer presents part of the solution.
Click on the arrows to vote for the correct answer
A. B. C. D. E.BDE.
To accommodate the need for a subledger in Dynamics 365 for Finance, you can follow these steps:
Identify an area of the chart of accounts to record to as the subledger: The first step is to identify an area of the chart of accounts to record to as the subledger. This area should be set up to capture the additional information that is needed for reporting.
Create posting profiles to post to the identified area as needed for the request: Next, you need to create posting profiles that will enable you to post transactions to the identified area. Posting profiles are used to define how transactions are posted to the general ledger and subledger accounts. In this case, you will create a posting profile that is specific to the identified area.
Create posting definitions to post to the identified area as needed for the request: Once you have created the posting profiles, you can create posting definitions that specify which accounts are used for posting transactions to the identified area. Posting definitions are used to define the accounts that are used for posting transactions in the general ledger and subledger.
Therefore, the correct answers are B, C, and E: B. Create posting profiles to post to the identified area as needed for the request C. Create posting definitions to post to the identified area as needed for the request E. Identify an area of the chart of accounts to record to as the subledger.
Answers A and D are incorrect because updating existing reports is not necessary to set up the posting to accommodate the need for a subledger. The purpose of the subledger is to capture additional information for reporting, so it should be set up separately from existing reports.