Until the introduction of AX 2012 a single form was used to create/maintain the ledger accounts, this form was termed as Chart of accounts. The list of accounts was classified based on their nature. With introduction of Ax 2012 there was a change introduced where in the Chart of account form now works as a framework.
Ax 2012 allows us to create/maintain multiple Chart of accounts based on the business/legal requirements. Individual chart of account acts as a placeholder for main accounts and each can be linked to the account structures.
To access the chart of account form: General Ledger –> Setup –> Chart of Accounts –> Chart of Accounts
Below is a screenshot for the Chart of account form:
Chart of Accounts – Code used to identify the Chart of Accounts.
Description – Description for the Chart of Account
Main account mask – Define the format the system shall use to create the Main accounts. For example; you want to keep your main accounts in the format as ‘CoA-####’. In that case mention CoA-#### in the field and whenever you create a new main account, system will verify the format and always accept the value in format of CoA-#### only.
New – To create a new Main account
New from template – In case a template has been created for the main account; this can be used to create a new main account.
Edit – Edit a specific main account
Delete – Delete a specific main account
Add – Attach an account structure to the Chart of account
Remove – Remove an already attached account structure to the chart of account
Configure Account structure – Access the Configure account structure form.