- The article titled "Business requirements" discusses the process of performing a fast closing in Dynamics 365 Finance and Operations (D365FO).
- When performing a fast closing, entries are made that are intended to be reversed later. This is done for intra-period closings.
- D365FO offers the feature of automatically posting the reverse entry, allowing the user to focus on entering the initial entry without worrying about the reversal.
- The first step in the business process is to create a general journal in D365FO by navigating to General Ledger > Journal entries > General journals.
- Once the journal is created, the system can be configured to automatically perform a reversal on a specific date.
- The user can then proceed to enter the journal lines as usual.
- When the journal is posted, D365FO will automatically post the reverse entry at the date indicated in the journal header.
- This process simplifies and streamlines the fast closing process in D365FO.
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