#Microsoft #D365 #D365F #D365FSC #Consolidaions #ConsolidateOnline #Tax #Process #BusinessProcess #Strategy #Simplification Do you want to prepare Financial Statements including GAAP Adjustments or TAX Adjustments? This can easily be accomplished with out of the box features. Assumptions: You are using D365 Financial Reporter. You do not want to use posting layer Question: How can I do this if a Legal Entity [LE], (setup = Use for Consolidations) does not allow manual journal

#Miscrosoft #D365 #D365F #D365FSC #Consolidaions #ConsolidateOnline #Process #BusinessProcess #Strategy #Simplification We discussed Consolidations in earlier blogs. Today I want to talk about strategy for processing consolidations. Assumption: You have read the earlier blogs. Assumption: You have foreign currency transactions in you child companies. (if not, you can skip step 0 and skip step 4; just use steps 1,2,&3) Links to earlier blogs Automated Accounting, D365 Onlin

#D365 #Consolidation #ConsolidateOnline #Configuration #Accounting #Setup #CurrencyTranslationAdjustment If you have D365 ERP system, you probably have multiple companies and the need to publish consolidated financial statements. The following process outlines how to perform Consolidate, Online to achieve a Consolidated Trial Balance. 1. Chart of Accounts. Create a Main Account to store the Currency Translation Adjustment (CTA) General ledger > Chart of accounts > Main accoun

#D365 #ChartOfAccounts #Setup #Configuration #ConsolidationAccount #ConsolidationAccountGroup #AdditionalAccountsforConsolidation #ConsolidateOnline Today we will consolidate Legal Entities (LE) with different Chart Of Accounts. Scenario LE Chart Of Accounts Name Country US01 COA_USA USA FR01 COA_FRA FRA CON COA_USA USA The France LE is using a French Statutory Chart of Accounts. The USA Consolidation LE (CON) is using a different Chart of Accounts. Assumption You