General Accounting

Core accounting features for accurate financial management

Overview

Robust and reliable financial management. Business Central provides accountants and finance teams with the tools needed to stay compliant, efficient, and accurate.

Detailed
Features

Use Journals for flexible ledger entries and apply Dimensions for advanced reporting and tracking. Manage Multiple Currencies and automatically calculate exchange differences. Handle Deferrals and Provisions to align revenue/costs over time. Track long-term assets and depreciation using Fixed Assets with a customizable Depreciation Table. Generate compliant VAT Statements (e.g., eCDF, EU recaps) and export FAIA files for Luxembourg authorities. Cost Accounting lets you analyze internal cost distribution, supporting better budgeting and decision-making.

Linked features

Journals

Record general ledger entries across departments and processes.

Dimensions

Tag transactions with business-specific categories for smarter reporting.

Multiple Currencies

Easily manage foreign currency transactions.

Deferrals

Automate revenue and expense recognition over time