Basic Accounting Setup According to SKR 03 and SKR 04
Accounting is set up in Microsoft Dynamics 365 Business Central in accordance with the standard chart of accounts SKR 03 or SKR 04 (DATEV). This includes the chart of accounts, the posting matrix, VAT posting matrix, the account schedule line for the VAT advance return, and schemes for the balance sheet and profit and loss statement according to HGB.
The basic setup covers standard trading scenarios. Extensions are possible at any time later.
Chart of accounts
General ledger accounts are created in accordance with SKR 03 or SKR 04. By assigning the VAT business posting group and VAT product posting group, relevant information for tax determination is stored on the general ledger account.
Posting groups and posting matrix
VAT business and product posting groups are created by default.
The VAT business posting groups and VAT product posting groups are combined in posting matrices. A basic account assignment is carried out. This means that the correct accounts are addressed and posted. VAT settlement is based on the VAT settlement summarized in Microsoft Dynamics 365 Business Central.
VAT settlement schema
For VAT settlement in Dynamics 365 Business Central, a VAT settlement schema is provided. It is structured according to the requirements for preparing the VAT advance return.
Balance sheet and profit and loss statement
Schemes for the balance sheet and profit and loss statement according to HGB are created and the relevant general ledger accounts are assigned.
Print reports for the basic accounting setup
The following reports must be set up and, if necessary, adapted as part of the project