What and how: Configuring Account structures.
What are Account structures? Account structures can be defined as a correct combination of valid accounts and financial dimension values, based on the requirement. This also includes setting up rules to specify how the accounts and dimension are related. Just to give you the background, whenever we post a transaction in Dynamics AX, the accounting is done in the Main Account, however the accounting can also be done in several financial dimensions. And the Account structure allows us to define valid combinations of main account and financial dimensions. Configure account structures form (in Ax2012): The "Configure account structures" form is used to create the Account structures. As mentioned above, Account structures consists of 'Main Accounts' and can include 'financial dimension' segments. So in this form, we need to define the valid combinations, which together with the main accounts, form (become) a Chart of Accounts (COA) In the "Configur...