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5 ways to have control over GL deletion in D365 Business Central

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#balance

#closed

#defaultrestriction

#fiscalyear

#gl

Dynamics 365 Finance

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Jul 23, 2023

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AI Summary

  • The article explains the concept of default restrictions in Microsoft Dynamics 365 Finance.
  • Default restrictions are rules that are applied to certain transactions or activities in the system.
  • One type of default restriction is the "Balance must be zero" restriction, which ensures that the balance of an account is zero before a transaction can be posted.
  • Another type of default restriction is the "Fiscal Year must be closed" restriction, which prevents transactions from being posted in a closed fiscal year.
  • Default restrictions can be set up and managed in the system's configuration settings.
  • The article provides a step-by-step guide on how to configure default restrictions in Dynamics 365 Finance.
  • It also explains the impact of default restrictions on various processes, such as journal entry posting and financial statement generation.
  • Understanding and properly configuring default restrictions is important for maintaining accurate financial records and ensuring compliance with accounting standards.

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