In this article, we will use a simple example to show you the basic steps you need to take to create a chart of accounts or a financial report in Dynamics 365 Business Central.
This will give you a quick impression of the possibilities offered by the 'Account schemes' tool in BC.
Preparation of a financial report using the example of a short-term income statement
As an example, the following quick guide describes how you can create a simple Current income statement in BC.
To do this, all P&L accounts from the chart of accounts are first included in a new analysis and then processed further.
Start in the role center Finances by clicking on Financial reporting or account schema in older BC versions:
Then click on '+ New' to create a new report. You can now freely assign a name and a description:
We then define our own column layout. (Alternatively, an existing layout could also be used) To do this, click on the drop-down arrow in Column definition and then click on '+ New‚:
Now assign a name and a description again
Add accounts
About the Line definition you can now add the accounts you need for the analysis to the financial report for the analysis (this is also done here as an example for basic understanding).
To do this, select the relevant report and choose the action Edit line definition.
Select the name and choose the action 'Edit line definition'.
About the item 'Insert'/ 'Insert G/L account' you will now receive a selection of the chart of accounts
Whereby we filter our case by P&L
You can now print the financial report. Business Central also offers the option of saving reports as Microsoft Excel workbooks, Microsoft Word documents, PDF and XML files.
Do you have questions about financial accounting or the chart of accounts in Microsoft Dynamics 365 Business Central?
Contact us - our specialized consultants will be happy to help you!
Phone: +49 (89) 21 111 848
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