Dynamics AX 2012 - Enable interunit accounting

This article illustrate how to Enable interunit accounting:-

Definition:- interunit accounting is the requirement that you generate a balanced balance sheet for a specific financial dimension. Therefore, all accounting entries that are made to General ledger must be balanced for the values of the financial dimension. This financial dimension is referred to as the balancing financial dimension.

         1.     Click General ledger > Setup > Ledger

         2.     In the Balancing financial dimension field, select the financial dimension that must be                   balanced in all accounting entries that contain the financial dimension.

·         When you enter that financial dimension in the system, every accounting entry must balance both at the total level and at the level of the financial dimension values. If the accounting entry does not balance at the level of the financial dimension values, additional account entries are created automatically to balance the accounting entry.

·         You must select a financial dimension that is included in all account structures that are assigned to the ledger. Additionally, the balancing financial dimension must not allow for blank spaces as dimension values

3.  Set up accounts for automatic transactions for interunit accounting

             Use the Accounts for automatic transactions form to specify accounts that are not set up                      elsewhere for automatic transactions. If these accounts are not set up, posting is stopped.

1.     Click General ledger > Setup > Posting > Accounts for automatic transactions.

2.     Click New. In the Posting type field, select Interunit - debit.

3.     Enter the main account where transactions that have the Interunit - debit posting type are posted.

4.     Click New. In the Posting type field, select Interunit - credit.

5.     Enter the main account where transactions that have the Interunit - credit posting type are posted.

Thanks - Alaa Jaber