Maintaining the General Ledger
The general ledger is a key area of Business Central, which along with the chart of accounts, allows you to record and manage financial transactions in your company.
Polish Localization has been enhanced with the solutions that streamline the use of the general ledger and the download of exchange rates provided by the National Bank of Poland, as well as ensure compliance with the requirements such as the legal obligation to specify the accounting software used on reports.
Working with the General Ledger functionality involves the configuration of the settings and processes described in the following articles.
|Find out which documents to use for descriptions of posted transactions and how to work with them||Posting Description|
|Include the regulatory information about the version of the accounting program in official accounting reports||Information about the Name and Version of the Accounting Software|
|Familiarize yourself with the rules for adjusting exchange rates||Adjusting Exchange Rates|
|Learn how to record and use the history and reports for currency exchange rates||Exchange Rate Adjustment Registers|
|Prepare a balance sheet and profit and loss statement in accordance with Polish statutory requirements||Selected Elements of the Financial Statement|
|Define the settings and links to retrieve currency exchange rates from NBP (the National Bank of Poland)||Setting up the Get NBP Exchange Rates Service|
|Define various sets of number series for documents of specific types||Document Number Series Templates|
|Define cost allocation setup to propely settle taxable and non-taxable cost||Splitting Costs into Taxable and Non-taxable|