The Accruals and Simulated General Ledger app for Dynamics 365 Business Central allows you to post simulated entries linked to the chart of accounts and manage accruals and deferrals, spreading over the months, quarters, semesters, etc. portions of costs and revenues that have already had an economic-monetary manifestation (deferrals) or that have yet to have economic-monetary expression (accrued).
Thanks to the Accruals and Simulated General Ledger app you can post simulated entries that are linked to the chart of accounts, but in parallel general ledger accounts. These records have no impact on the general journal and VAT. Normally these simulations are used to generate interim financial statements, because they allow to simulate rectification and closing entries, which otherwise could only be carried out at the end of the year with the closing of the financial year.
Click the Get it now button and start posting simulated entries that don't impact general journal in Dynamics 365 Business Central.
Free version gives the possibility to manage accruals and deferrals for 30 days, Pro version allows to manage accruals and deferrals without any restriction. Upgrade to a subscription for a complete experience!
Certified competence for Microsoft Dynamics 365! This app is a product of the cooperation between KUMAVISION (Germany, Austria, Switzerland) and EOS Solutions (Italy).
This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central.
Australia, Austria, Belgium, Germany, New Zealand, South Africa, Switzerland, United Arab Emirates, United Kingdom, United States.
English, German, Italian
Please visit: Simulated General Ledger