Additional labels in Dynamics 365 Finance, such as department, cost center, location or project, attached to ledger entries to add detail beyond the main account.
Title graphic: Financial dimensions (Concept)
Type
Concept
Key points about Financial dimensions
Financial dimensions such as department, cost center, business unit or location add where or why something happened without hundreds of extra main accounts. · Dynamics 365 General Ledger - Simply Explained
Finance teams lose time when budgets, invoices and bank data live in different spreadsheets and systems. This Knowledge Nugget explains Dynamics 365 Finance in plain English for business users, managers and newcomers to ERP, from the first purchase request to…
Dynamics 365 General Ledger provides the central financial record behind Dynamics 365 Finance. Customer payments, supplier invoices, inventory movements, payroll, bank transactions, taxes, accruals, and other financial events ultimately affect the company's…
Dynamics 365 Financial Reporting turns the financial data already posted in Dynamics 365 Finance into structured reports that finance teams, managers, auditors, and executives can actually use. Instead of rebuilding financial statements in multiple…
Mastering Financial Dimensions in Dynamics 365 Finance · Mirko Peters Learn how to use financial dimensions in Dynamics 365 Finance to track costs by department, cost center, and project without cluttering your general ledger.
Frequently asked questions
What are financial dimensions in Dynamics 365?
They are extra labels such as department, cost center, business unit or location. A travel expense can stay in one account while dimensions show whether it belongs to Sales, Support or London. · From the episode: Dynamics 365 General Ledger - Simply Explained
What is Dynamics 365 Financial Reporting?
It is the Dynamics 365 Finance capability to create, maintain, generate and view financial statements based on general ledger information, using main accounts, financial dimensions, reporting categories and predefined report structures. · From the episode: Dynamics 365 Financial Reporting - Simply…
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