A manufacturer is implementing Dynamics 365 Business Central as a new financial system.
The manufacturer requires financial reports to match reports produced by the current financial system.
You need to create account categories and subcategories to align with historical financial reports.
What are two possible ways to achieve this goal? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
To achieve the goal of aligning financial reports in Dynamics 365 Business Central with historical financial reports, you can create or delete account subcategories to tailor the structure to your needs. Additionally, adding a subcategory to the general ledger account and then updating the equivalent account schedule ensures that the new financial reports match the granularity and structure of the historical reports. These methods allow for the necessary customization and detail to accurately replicate the historical report formats.
Correct
'The top-level account categories, such as the Liabilities node, are fixed and you can't add your own. However, you can delete and add account categories at lower levels and define how the related financial report appears in reports.'. So both A & C are wrong. Ref: https://learn.microsoft.com/en-ca/dynamics365/business-central/bi-row-definitions#use-gl-account-categories-to-change-the-layout-of-your-financial-statements
To align Dynamics 365 Business Central with historical financial reports, two effective strategies are: A. **Rename top-level account categories** to match historical conventions, ensuring consistency and familiarity for stakeholders. D. **Add a subcategory to the general ledger account and update the account schedule**, creating granularity that mirrors historical report structures for accurate reflection in new reports.