Specify payment terms to manage due dates and calculate possible payment discounts. Specify how your customers will pay you, and how you'll pay your vendors. View or edit the general ledger accounts that all general ledger entries are posted to. The following table describes a sequence of tasks and provides links to the articles that cover them. The following video introduces some of the key capabilities for accounting and bookkeeping. Then use the links in the About this task or page and Related resources from Microsoft Learn sections. To access it, select the Help button in the upper-right corner to open the Help pane. This assistant contains links to information that's related to the current page and instructions for working with the relevant process. For additional help, a context-based assistant is incorporated into Business Central. The content of this article is intended to help accountants and bookkeepers complete their daily work in this ERP system. This article provides an outline of bookkeeping processes, including the rules, procedures, and other guidelines in Business Central. Business Central is an ERP system that includes integrated tools to make bookkeeping easier in the system. The primary goal of this process is to help the company's management understand the financials of the business and measure the results of the company's economic activities.īookkeeping is one part of the accounting process and involves regularly recording all financial transactions in a company. Accounting represents the process of recording and cataloging a company's financial transactions, and then retrieving, measuring, summarizing, and presenting the results by using different reports that are often required by local legislation. Accounting is a critical function in any enterprise resource planning (ERP) solution, and also in most businesses.
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