General Ledger is the central application area of MICROSOFT DYNAMICS NAV 2013 that is used to post, summarize and report financial information.

Transcription

1 MODULE 2: CHART OF ACCOUNTS Mdule Overview General Ledger is the central applicatin area f MICROSOFT DYNAMICS NAV 2013 that is used t pst, summarize and reprt financial infrmatin. Tw main cmpnents f the General Ledger applicatin area are the Chart f Accunts and G/L Budgets. The Chart f Accunts prvides quick access t G/L accunts and balances, and the budgets feature prvides a cmparisn between actual amunts and budgeted amunts, by using a cmbinatin f G/L accunts, perids, and dimensins. Nte: Because G/L budgets are used in financial reprting, the setup and use f G/L budgets is cvered in the curse Finance Advanced in Micrsft Dynamics NAV Objectives The bjectives are: Explain hw t use the Chart f Accunts. Explain the elements f the G/L Accunt Card. Explain the elements f the G/L Accunt Card ribbn. Explain the elements f the Chart f Accunt ribbn. 2-1

2 Finance Essentials in Micrsft Dynamics NAV 2013 Chart f Accunts Overview G/L Accunt Card The incme statement and balance sheet r tw imprtant cmpany reprts. An accunt in the incme statement and the balance sheet is called a G/L accunt, and all the G/L accunts make up the Chart f Accunts list. Yu use G/L accunt cards t create and edit G/L accunts. In the Chart f Accunts list, all G/L accunts are available and can be viewed at ne time. Hwever, there is als a G/L Accunt Card fr each accunt, and this can be accessed frm the Chart f Accunts list. The G/L accunt card has five FastTabs that are explained in the fllwing sectin. General FastTab T pen a G/L accunt card page, fllw these steps. 1. In the Search bx, enter Chart f Accunts, and click the related link. 2. Select the relevant accunt t view. 3. On the Hme tab, click Edit. Best Practice: Yu can als duble-click the line f the relevant accunt t pen the G/L accunt card. 2-2

3 Mdule 2: Chart Of Accunts FIGURE 2.1: G/L ACCOUNT CARD WINDOW The General FastTab cntains the fllwing fields: N.: The number f the G/L accunt. Name: The name r descriptin. Incme/Balance: Indicates whether the accunt is classified as an incme statement f a balance sheet accunt. This field is imprtant t determine whether an accunt must be clsed in the fiscal yearend. Debit/Credit: Indicates the type f entries that will be psted t this accunt. The selectin made des nt restrict the type f transactin psted t the accunt. Accunt Type: Indicates the purpse fr the accunt in the different list, jurnals, and reprts. The fllwing ptins are available: Psting: The nly accunt type where entries can be psted. Heading: Used fr descriptin and reprting purpses nly. Ttal: Used t ttal the accunts nminated in the Ttaling field. Begin-Ttal: Marks the beginning f an accunt range in the Ttaling field. End-Ttal: Marks the end f an accunt range in the Ttaling field. 2-3

4 Finance Essentials in Micrsft Dynamics NAV 2013 Ttaling: Specifies an accunt interval r a list f accunt numbers. The prgram will ttal the entries f the accunts displayed in this field. Ttaling frmulas are pssible fr G/L accunts f the accunt type Ttal and End-Ttal. N. f Blank Lines: Determines the number f blank lines t insert befre the accunt is displayed in a reprt. New Page: Determines whether a new reprt page is printed after the accunt is displayed in the reprt. Search Name: Used t search fr a particular accunt when the accunt number cannt be recalled. Balance: Displays the current balance f the accunt. Click the balance amunt t access the General Ledger Entries list. Recnciliatin Accunt: Determines whether the G/L accunt is included in the Recnciliatin list in the general jurnals. Use the Recnciliatin list befre psting t review the effect f psting the accunts in the jurnal. Autmatic Ext. Texts: If this is selected, extended text set up n the accunts is autmatically added t the sales and purchase dcumentatin in the Descriptin field. If this is nt selected, extended text can still be set up n the accunt and added t dcuments manually. T create the extended text, click Extended Text in Navigate tab. Direct Psting: Indicates whether psting can mve directly int this accunt frm a jurnal line. Be aware that this field is autmatically selected when new accunts are created. G/L accunts such as the receivables (trade debtrs) accunt, that are psted based n psting grups, are usually nly set up fr indirect psting. Blcked: If yu select it, this field prevents entries frm psting t this accunt. Accunts can be blcked and repened as needed. Last Date Mdified: System generated field that displays the date the G/L accunt is last changed. Psting FastTab The Psting FastTab cntains the fllwing fields that determine hw the G/L and value-added tax (VAT) transactins are recrded. Gen. Psting Type: Defines whether the accunt is used nly fr a Sale r Purchase transactin r with bth types f transactins. This field is used with the VAT Bus. Psting Grup and VAT Prd. Psting Grup fields t determine where the system will psts VAT. The fllwing ptins are available: 2-4

5 <Blank> Purchase Sale Mdule 2: Chart Of Accunts Gen. Bus. Psting Grup: Identifies the default general business psting grup fr the accunt. This field is used tgether with the Gen. Prd. Psting Grup and Gen. Psting Type fields t find the G/L accunts t pst t fr sales, purchases, discunt amunts, Cst f Gds Sld (COGS), and inventry adjustments. Because the general business psting grup indicates whm yu sellt r buy-frm, the custmer s r vendr s general business psting grup takes pririty ver the G/L accunt s general business psting grup. When there is n custmer r vendr invlved in a transactin, the prgram will use the G/L accunt s general business psting grup. Gen Prd. Psting Grup: Identifies the default general prduct psting grup fr the accunt. This field is used with the Gen. Bus. Psting Grup and Gen. Psting Type fields t find the G/L accunts t pst t fr sales, purchases, discunt amunts, COGS, and inventry adjustments. The general prduct psting grup f an item takes pririty ver the G/L accunt s general prduct psting grup. VAT Bus. Psting Grup: Identifies the default VAT Business Psting Grup fr the accunt. This field is used with the VAT Prd. Psting Grup and Gen. Psting Type fields t determine the VAT percentage and the VAT calculatin type and t find the G/L accunts where the prgram psts VAT. Because the VAT business psting grup indicates whm yu sell-t r buy-frm, the custmer s r vendr s VAT business psting grup takes pririty ver the G/L accunt s VAT business psting grup. When there is n custmer r vendr invlved in a transactin, the prgram will use the G/L accunt s VAT business psting grup. VAT Prd. Psting Grup: Identifies the default VAT Prduct Psting Grup fr the accunt. This field is used with the VAT Bus. Psting Grup and Gen. Psting Type fields t determine the VAT percent and the VAT calculatin type and t find the G/L accunts where the prgram psts VAT. The VAT prduct psting grup f an item takes pririty ver the G/L accunt s VAT prduct psting grup. Default IC Partner G/L Acc. N.: Identifies the default Intercmpany (IC) G/L accunt number fr this G/L accunt. When yu enter this G/L accunt in an intercmpany general jurnal, the IC G/L accunt specified in this field is used as the default balancing accunt number. After the psting types and the psting grup cdes are assigned t a G/L accunt, these cdes are autmatically inserted in a jurnal, sales, r purchase line when the G/L accunt is selected. 2-5

6 Finance Essentials in Micrsft Dynamics NAV 2013 Nte: If the general psting grups are set up with default VAT psting grups, the VAT psting grup fields are autmatically ppulated with the default values when the general psting grup(s) is selected. Cnslidatin FastTab The Cnslidatin FastTab cntains the fllwing fields that specify the link with the cnslidated cmpany: Cnsl. Debit Acc.: Specifies the number f the accunt in a cnslidated cmpany that yu will transfer debit balances t n this accunt. Cnsl. Credit Acc.: Specifies the number f the accunt in a cnslidated cmpany that yu will transfer credit balances t n this accunt. Cnsl. Translatin Methd: Cntains the cnslidatin translatin methd that will be used fr the accunt. The translatin methdlgy identifies the currency translatin rate t be applied t the accunt. Nte: Fr mre infrmatin abut the fields that appear n the Cnslidatin FastTab, refer t the Help. Reprting FastTab The Reprting FastTab specifies hw general ledger accunts will be adjusted fr exchange rate fluctuatins between the lcal currency (LCY) and the additinal reprting currency, if yu pst in an additinal reprting currency. Mre infrmatin n the additinal reprting currency is available in the Finance Advanced in Micrsft Dynamics 2013 curseware. Cst Accunting FastTab The Cst Accunting FastTab specifies a cst type number t establish the cst type that a general ledger accunt belngs t. Mre infrmatin n cst accunting is available in the curse Finance Advanced in Micrsft Dynamics NAV

7 Create an Accunt in the G/L Accunt Card Mdule 2: Chart Of Accunts T create an accunt in the G/L Accunt Card, fllw these steps. 1. In the Search bx, enter Chart f Accunts, and click the related link. 2. In the Hme tab f the ribbn, click New. 3. On the General FastTab, in the N. field, enter the accunt number. 4. In the Name field, enter a descriptin. 5. In the Incme/Balance field, click the drp-dwn list and select the relevant ptin. 6. In the Accunt Type, field, click the drp-dwn list and select the relevant ptin. 7. If it is necessary, enter the range in the Ttaling field. Nte: By running the Indent Chart f Accunts functin, the Ttaling field is ppulated autmatically. 8. If it is necessary, enter a value in the N. f Blank Lines field. 9. Enter check marks in the check bxes as is needed. 10. On the Psting FastTab, in the Gen. Psting Type field, click the drp-dwn list and select the relevant ptin. 11. In the Gen. Bus. Psting Grup field, click the drp-dwn list and select the relevant ptin. 12. In the Gen. Prd. Psting Grup field, click the drp-dwn list and select the relevant ptin. 13. Enter infrmatin n the Cnslidatin, Reprting and Cst Accunting FastTabs as necessary. 14. Click OK t clse the G/L accunt card. T assign a dimensin t the G/L accunt, fllw these steps. 1. In the Navigate tab f the ribbn, click Dimensins and then select Dimensins-single. 2. In the Dimensin Cde field, click the drp-dwn list and select the relevant dimensin frm the list. 3. In the Dimensin Value Cde field, click the drp- dwn list and select the relevant dimensin value frm the list. 4. If there are dimensin psting requirements, in the Value Psting field, click the drp-dwn list and select the apprpriate ptin. 5. Clse the Default Dimensin and the G/L Accunt Card. 2-7

8 Finance Essentials in Micrsft Dynamics NAV 2013 When yu use begin-ttal and end-ttal accunts, yu can use the Indent Chart f Accunts functin t d the fllwing: G/L Accunt Card Ribbn Indent the G/L accunts between the begin-ttal accunt and the end-ttal accunt. Ppulate the ttaling field f the end-ttal accunt. T indent the new G/L accunt, fllw these steps. 1. In the Chart f Accunts list, lcate and select the new accunt. 2. Click Actins, pint t Functins, and then click Indent Chart f Accunts. 3. Click Yes t run the indent functin. 4. Clse the Chart f Accunts list. The G/L accunt card ribbn prvides several functins and verviews related t the G/L accunt. The fllwing tabs are available in the ribbn: Hme Actins Navigate Reprt FIGURE 2.2: G/L ACCOUNT CARD RIBBON Hme Tab Frm the Hme tab, yu can view, edit, delete, r create a new G/L accunt. The fllwing single-click accesses are als available frm the Hme tab: General Psting Setup VAT Psting Setup G/L Register Detail Trail Balance Trial Balance 2-8

9 Mdule 2: Chart Of Accunts Additinally, yu can shw infrmatin attached t the G/L accunt frm the fllwing surces: OneNte Ntes Links Actins Tab The Actins buttn prvides the mst relevant navigatin accesses fr the G/L Accunt Card. Yu can use the Apply Template functin t create G/L accunts by using Data Templates. Data templates are part f the Rapid Start tl. This tl is explained in the Applicatin Setup in Micrsft Dynamics NAV 2013 cntent. Navigate Tab Yu can use the Navigate tab t display infrmatin abut the balances and transactin amunts fr the accunt. Yu can als pen the set up windws fr the relevant G/L accunt. The Navigate tab prvides single-click access t the fllwing functins and verviews: Ledger Entries: Display all ledger entries fr the accunt. Cmments: Display r enter cmments that relate t the accunt. Dimensins: Display r enter default dimensins fr the accunt. Extended Texts: Display r enter extended test fr the accunt. Receivables-Payables Overview: Prvides a summary f the fllwing: Expected net peratinal cash flw frm custmers and vendrs ver time. Open custmer and vendr ledger entries srted by their Due Date instead f Psting Date. This summary can be viewed by the: Perid, such as daily, mnthly, r quarterly. Expected cash flw mvement fr a perid by clicking the Net Change ptin. Expected net balance f utstanding custmer and vendr balances at any date by clicking the Balance at Date ptin. Where-Used List: Displays a list f tables where this G/L accunt is used. 2-9

10 Finance Essentials in Micrsft Dynamics NAV 2013 G/L Accunt Balance: Displays the balance r net change fr the G/L accunt ver time. G/L Balance: Displays the balance r net change fr all G/L accunts fr a specific perid. G/L Balance by Dimensin: Displays balance r net change infrmatin fr all accunts. The infrmatin displayed in clumns and lines can be set t ne f the fllwing views: Reprt Tab G/L accunt Perid Glbal dimensins 1 and 2 General Psting Setup: Specifies which accunts will be used t pst sales, purchases, discunts, COGS, and inventry adjustments. VAT Psting Setup: Cnsists f cmbinatins f VAT business psting grups and VAT prduct psting grups. Yu can set up as many cmbinatins that yu must have and link varius G/L accunts t each cmbinatin. G/L Register: Cntains the general ledger register that is created every time that a general ledger entry is psted. On the Reprt tab, yu can run the fllwing reprts: Detail Trial Balance: Shws a detail f the entries fr selected general ledger accunts. Trial Balance: Shws the chart f accunts that have balances and net changes. Trial Balance by Perid: Shws the pening balance by general ledger accunt, the mvements in the selected perid f mnth, quarter, r year, and the resulting clsing balance. G/L Register: Cntains the general ledger register that is created every time that a general ledger entry is psted. 2-10

11 Lab 2.1: Create a Revenue Accunt Scenari Mdule 2: Chart Of Accunts A new revenue accunt must be created fr miscellaneus sales. Because yu are the accunting manager at CRONUS Internatinal Ltd., it is yur respnsibility t use the fllwing infrmatin t set up the new accunt by using the G/L Accunt Card. Miscellaneus Sales, accunt number 6140, is an incme statement accunt that is used t accumulate transactins. Yu can use direct psting. The psting grups are as fllws: Gen Psting Type Field Sale Value Gen. Bus. Psting Grup Gen. Prd. Psting Grup VAT Bus. Psting Grup VAT Prd. Psting Grup NATIONAL MISC NATIONAL VAT25 Make sure that the Accunt Types are frmatted and the hierarchy is established. Exercise 1: Create a Revenue Accunt Task 1: Create the revenue accunt by using the infrmatin that is prvided in the scenari. High Level Steps 1. Open a new G/L Accunt Card page. 2. Cmplete the General FastTab by using the infrmatin that is prvided in the scenari. 3. Cmplete the Psting FastTab by using the infrmatin that is prvided in the scenari. Detailed Steps 1. Open a new G/L Accunt Card page. a. In the navigatin pane, click Departments and then click Financial Management. b. In the Financial Management page, click General Ledger, and then click Chart f Accunts. c. In the Actin Pane, select the New buttn. 2-11

12 Finance Essentials in Micrsft Dynamics NAV Cmplete the General FastTab by using the infrmatin that is prvided in the scenari. In the General FastTab enter the fllwing: a. In the N. field, enter b. In the Name field, enter Sales, Miscellaneus. c. Make sure that the Incme/Balance field displays Incme Statement. d. Make sure that the Accunt Type field displays Psting. e. Make sure that a check mark is in the Direct Psting field. 3. Cmplete the Psting FastTab by using the infrmatin that is prvided in the scenari. In the Psting FastTab enter the fllwing: a. In the Gen. Psting Type field, click the drp-dwn list and select Sale. b. In the Gen. Bus. Psting Grup field, click the drp-dwn list and select NATIONAL. c. In the Gen. Prd. Psting Grup field, click the drp-dwn list and select MISC. d. Press Enter r Tab. The VAT psting grup fields are autmatically ppulated based n the general psting grup selectins. e. Clse the G/L Accunt Card. Task 2: Run the functin t align the accunt display. High Level Steps 1. Run the Indent Chart f Accunts functin. Detailed Steps 1. Run the Indent Chart f Accunts functin. a. In the Chart f Accunts list, in the Hme tab f the ribbn, click Indent Chart f Accunts. b. Click Yes t run the indent functin. c. Review the new accunt; ntice that it is indented with the ther sales accunts in the same range. 2-12

13 Mdule 2: Chart Of Accunts Chart f Accunts The Chart f Accunts page cntains the same fields that are n the G/L Accunt Card page but here they are in a table frmat. In additin t the infrmatin n the individual accunt cards, the Chart f Accunts list displays the current Net Change and Balance infrmatin fr the accunts. FIGURE 2.3: CHART OF ACCOUNTS WINDOW Chart f Accunts Page The Chart f Accunts page cntains a ribbn with ptins that resemble the G/L Accunt Card: Hme Actins Navigate Reprt FIGURE 2.4: CHART OF ACCOUNT HOME TAB 2-13

14 Finance Essentials in Micrsft Dynamics NAV 2013 T use the ptins fr an accunt in this page, select the line and then select ne f the ptins. Nte: Because mst f the functins f the Chart f Accunts ribbn resemble thse that are n the G/L Accunt Card ribbn, nly thse that are different will be explained in the fllwing sectin. Hme Tab Cmpared with the G/L Accunt Card, the Hme tab f the Chart Of Accunts cntains the fllwing additinal functins: Indent Chart f Accunts: Indents the accunts accrding t the defined hierarchy. Establishes the hierarchy by using the accunt types Begin-Ttal and End-Ttal. Accunt numbers within this range are included in the end-ttal range in the Ttaling field. Shw as List: Shws the page as a list. This is the default layut fr all list lcatins. Shw as Chart: Shws the page as a chart. This is dne by selecting a measure and a dimensin. The fllwing example shws the net change f the end-ttal accunts. FIGURE 2.5: CHART OF ACCOUNTS IN THE CHART OVERVIEW Actins Tab The Find functin helps yu find accunts by searching n the fields displayed in the chart f accunts. The clumns added with the Chse Clumns functin will als becme available in the Find functin. 2-14

15 Navigate Tab Mdule 2: Chart Of Accunts Cmpared with the G/L Accunt Card, the Navigate tab f the Chart Of Accunts cntains fllwing additinal functins: Dimensins: Dimensins - Single - The same functin as the Dimensins functin n the accunt card. Dimensins - Multiple - Used t assign the same default dimensins t multiple accunts. Because the Chart f Accunts page is a list f accunts, yu can assign the same default dimensins t several accunts by selecting the relevant accunt lines. Therefre, reducing the entry time is needed fr setting up default dimensins. Chart f Accunts Overview: Displays the Chart f Accunts with different levels f detail. Use the expand and cllapse feature t view nly header and fter accunts, r all the accunts in between. Assign the Same Dimensins t Multiple G/L Accunts T assign the same dimensins t multiple G/L Accunts, fllw these steps. 1. In the Chart f Accunts page, select all the accunts t assign dimensins t. 2. Click the Hme tab, click Dimensins and then click Dimensins - Multiple. 3. Click New t create a new dimensin. 4. Fill in the Dimensin Cde, Dimensin Value Cde, and Value Psting fields. 5. Clse the Default Dimensin-Multiple page. 6. Verify that the dimensin is assigned t multiple accunts by selecting an accunt, clicking Dimensins, and then Dimensins Single in the Hme tab. 7. Clse the Default Dimensin page and repeat step 5 fr a different accunt. 2-15

16 Finance Essentials in Micrsft Dynamics NAV 2013 Lab 2.2: Assign a Dimensin t Multiple Accunts Scenari All sales shuld be psted t the DEPARTMENT dimensin SALES. This shuld be a mandatry dimensin and dimensin value, where SALES is the nly pssible dimensin value. As the accunting manager, it is yur respnsibility t set up the default dimensin by using the fllwing criteria: G/L accunts 6100 t The SALES dimensin value f the DEPARTMENT dimensin shuld be assigned. Use the value psting t make the dimensin and dimensin value mandatry. Exercise 1: Assign a Dimensin t Multiple Accunts Task 1: Select the Sales G/L Accunts High Level Steps 1. Open the chart f accunts page, lcate and select the sales G/L accunts. Detailed Steps 1. Open the chart f accunts page, lcate and select the sales G/L accunts. a. In the navigatin pane, click Departments, and then click Financial Management. b. In the Financial Management page, click General Ledger, and then click Chart f Accunts. c. Select the lines f accunts 6100 t Task 2: Assign a Default Dimensin High Level Steps 1. Open the Default Dimensins-Multiple page and assign the default dimensin. Detailed Steps 1. Open the Default Dimensins-Multiple page and assign the default dimensin. a. In the Navigate tab, click Dimensins, and click Dimensins- Multiple. b. In the Hme tab, click New. 2-16

17 Mdule 2: Chart Of Accunts c. In the Dimensin Cde field, click the drp-dwn list and select DEPARTMENT. d. In the Dimensin Value Cde field, click the drp-dwn list and select SALES. e. In the Value Psting field, click the drp-dwn list and select Same Cde. f. Click OK. 2-17

18 Finance Essentials in Micrsft Dynamics NAV 2013 Mdule Review Mdule Review and Takeaways As the cre cmpnent f a cmpany, the Chart f Accunts lessn cvered the G/L Accunt Card and the Chart f Accunts page, and the prcess fr creating G/L accunts. This lessn als cvered additinal functins such as, indenting the chart f accunts, and assigning default dimensins t multiple accunts. Understanding the Chart f Accunts is essential when users are wrking in Micrsft Dynamics NAV Test Yur Knwledge Test yur knwledge with the fllwing questins. 1. What functin is used t create default G/L accunt setups fr accunts that are frequently created, such as expenses? ( ) Assign Template ( ) Enter Template ( ) Imprt Template ( ) Apply Template 2. In the G/L Accunt Card, what field is used t determine which accunts are clsed during the fiscal year end clsing prcess? ( ) Recnciliatin Accunt ( ) Debit/Credit ( ) Accunt Type ( ) Incme/Balance 3. What is true abut the chart f accunts page? ( ) Yu cannt change the name f an accunt, using the chart f accunts page. ( ) Yu cannt set up a graphical verview f all the G/L accunts with a negative balance, using the chart f accunts page. ( ) Yu can create new G/L accunts frm the chart f accunts page. ( ) Yu cannt exprt the chart f accunts t Wrd and Excel. 2-18

19 4. Hw d yu define a G/L accunt as a sales accunt? ( ) By selecting the Sales Accunt check mark. Mdule 2: Chart Of Accunts ( ) By assigning a general business psting grup that is linked t a sales accunt. ( ) By assigning a general prduct psting grup that is linked t a sales accunt. ( ) By linking the cmbinatin f the general business psting grup and general prduct psting grup t a sales accunt. ( ) By selecting Sale in the Gen. Psting Type field. 5. Direct psting is typically nt enabled fr G/L accunts n which nly systemgenerated transactins are psted. Fr which f the fllwing G/L accunt wuld yu nt select direct psting? ( ) Receivables accunt ( ) Cash accunt ( ) Office supplies accunt ( ) Inventry Finished Gds accunt 2-19

20 Finance Essentials in Micrsft Dynamics NAV 2013 Test Yur Knwledge Slutins Mdule Review and Takeaways 1. What functin is used t create default G/L accunt setups fr accunts that are frequently created, such as expenses? ( ) Assign Template ( ) Enter Template ( ) Imprt Template ( ) Apply Template 2. In the G/L Accunt Card, what field is used t determine which accunts are clsed during the fiscal year end clsing prcess? ( ) Recnciliatin Accunt ( ) Debit/Credit ( ) Accunt Type ( ) Incme/Balance 3. What is true abut the chart f accunts page? ( ) Yu cannt change the name f an accunt, using the chart f accunts page. ( ) Yu cannt set up a graphical verview f all the G/L accunts with a negative balance, using the chart f accunts page. ( ) Yu can create new G/L accunts frm the chart f accunts page. ( ) Yu cannt exprt the chart f accunts t Wrd and Excel. 4. Hw d yu define a G/L accunt as a sales accunt? ( ) By selecting the Sales Accunt check mark. ( ) By assigning a general business psting grup that is linked t a sales accunt. ( ) By assigning a general prduct psting grup that is linked t a sales accunt. 2-20

21 Mdule 2: Chart Of Accunts ( ) By linking the cmbinatin f the general business psting grup and general prduct psting grup t a sales accunt. ( ) By selecting Sale in the Gen. Psting Type field. 5. Direct psting is typically nt enabled fr G/L accunts n which nly systemgenerated transactins are psted. Fr which f the fllwing G/L accunt wuld yu nt select direct psting? ( ) Receivables accunt ( ) Cash accunt ( ) Office supplies accunt ( ) Inventry Finished Gds accunt 2-21

22 Finance Essentials in Micrsft Dynamics NAV