Chart of accounts (COA)

Requirement

All accounting is based on a well-structured chart of accounts.

M3 solution

The internal accounts supported by M3 are kept separate from the external accounts used for external books closing.

Up to six additional accounting dimensions can be used for cost centers, projects, etc.

Cost accounting functions can be marked as internal transactions.

In this country, separate accounts, internal transactions, or both are commonly used for cost accounting purposes.

Configuration guidelines

Not applicable.