Automate ledger settlements

Dynamics 365 Finance

This article presents a solution in Dynamics 365 Finance and Operations (D365FO) for automatically matching transactions between them.
The solution requires activating the feature "Automate the ledger process" in the system administration workspace.
In the general ledger parameters, the main accounts subject to accounting settlement need to be indicated.
Process automations are configured in the general ledger settings, where a new process with the schedule type "Ledger settlement" is created for the legal entity.
Matching criteria are essential for the solution to work properly, including ensuring that the amount in credit and debit is the same and additional criteria such as date, posting type, posting layer, financial dimension, and financial tags.
Once the configuration is complete, the job can be launched and the process automation history can be checked to monitor the progress.
The ledger settlements can be viewed in the periodic tasks section, where the main account transactions to settle are displayed.
The result of the automatic settlement can be checked by filtering the status in the source and credit.

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