Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Debit/credit default

Every main account has a normal accounting side, be it debit or credit. The financial controller can prefer to let Microsoft Dynamics 365 for Finance and Operations suggest to the accountants the side of the main account (whether it is debit or credit), and give the user the option to move to the other side, according to the transaction.

For example, the cash account is proposed to be on the debit side; this is recommended for fresh accountants. For experienced accountants, they can decide whether it is required to change the side of the account as per transaction needs. The following screen illustrates the debit/credit option, to access the main accounts form, go to General ledger | Chart of accounts | Accounts | Main ...