In this series we will discuss what's new in Business Central 2022 (Wave 1) a.k.a BC20.
This article we will discuss about - Blocking deletion of G/L accounts.
With this series we will understand what's new the product and learn it before it becomes available for customers.
Hope you like the series, please add comments to article.
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Business Value -
Maintenance of the chart of accounts takes place only a few times, once it's been set up for an organization, but it does occur. To help avoid accidental deletion of general ledger (G/L) accounts, this release wave adds an extra check.
Feature Details -
- In Some Situation, business needs might require you to make a change in your chart of accounts that involves deleting one or more accounts.
- Before user delete an account, you must balance the account to zero and then close the fiscal year to prevent new entries from being added to the account.
- Most countries and regions have requirements for how long businesses must store their financial data.
- To Help Administrators with legal Requirement Microsoft have added a field in General Ledger Setup Check G/L Acc. Deletion After - specify the start date of the period for which your country or region requires you to store financial data.
- To further safeguard accounts from accidentally being deleted, Microsoft also added the Block Deletion of G/L Accounts toggle to the General Ledger Setup page.
If you turn on the toggle, Business Central will prevent users from deleting accounts that have entries after the date that is specified in the Check G/L Acc. Deletion After field. If you must delete such accounts, a user who can access the General Ledger Setup page can turn off the Block Deletion of G/L Accounts toggle.
For other articles related to What's New in Business Central 20, refer here.
Hope you learn and will be able to utilize this feature as Business Central 20 is available.
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