Business Central Essentials Finance Setup, Configure, Customize

Business Central includes standard configurations for most business processes, but you can change the configuration to suit your business’ needs. From your Role Centre, you can access assisted setup guides that help you configure certain scenarios and add features to Business Central. Several areas of business functionality must be set up manually.

Before you can begin to run your business, you must specify rules and defaults for how you want to manage finance processes for that company. You start by setting up the core of the company’s accounting records – the chart of accounts. Then you set up posting groups, which makes the process of assigning default general ledger posting accounts to customers, vendors, and items more efficient.