Check G/L Account Usage | Account Deletion | Microsoft Dynamics 365 Business Central
Question
A company has been using Dynamics 365 Business Central for many years.
A new accounting manager for the company reviews the chart of accounts.
The manager wants to remove some general ledger accounts.
The Check G/L Account Usage field is selected in the General Ledger Setup.
You need to assist with the account deletions.
What is one requirement that enables deletion of a general ledger account?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.A.
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-setup-chart-accountsIn Dynamics 365 Business Central, the ability to delete a general ledger account is determined by several factors. One such factor is the Check G/L Account Usage field, which when enabled in the General Ledger Setup, restricts the deletion of an account that is being used in any posting groups, posting setups, or account schedules.
Out of the four options provided, only option A correctly identifies the requirement that enables deletion of a general ledger account. In other words, for a general ledger account to be deleted, it cannot be used in any posting groups or posting setups.
Posting groups and posting setups are used to automate the posting of transactions to the general ledger accounts. Posting groups are used to group different accounts based on a specific criterion such as department, location, or product line, while posting setups define the accounts used for various financial activities such as sales, purchases, and inventory.
On the other hand, account schedules are used to create financial statements such as income statements, balance sheets, and cash flow statements. An account schedule is a collection of rows and columns that define the accounts and periods to be included in the statement.
In addition to the above requirements, a general ledger account must also meet other conditions before it can be deleted. For example, it must not allow direct posting, and it must not have any ledger entries associated with it.
In summary, the correct answer to the question is option A - The account cannot be used in any posting groups or posting setup. This means that before deleting a general ledger account in Dynamics 365 Business Central, it is important to ensure that the account is not being used in any posting groups or posting setups.
