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Configure the accounting foundation

Map operational events to the chart of accounts and control when financial periods accept postings.

FinanceFor Accountant · Finance administrator4 steps

Where this lives

Permissions needed

  • Financial · View
  • Financial · Accounting · Manage
  • Financial · Journals · Post
  • Financial · Periods · Manage
  • Reports · Financial

Any one of these grants access. Ask an administrator if the screen is not visible to you.

Before you start

  • A reviewed chart of accounts
  • Business base currency
  • Finance administration permission

Complete the workflow

  1. 1

    Review default accounts

    Confirm account codes, types and normal balances. System accounts can be renamed where allowed but should not be repurposed.

  2. 2

    Complete mappings

    Map tax, inventory, receivables, payables, revenue, cash, loyalty, vouchers and payment methods to valid accounts.

  3. 3

    Open accounting periods

    Transactions can post only into an open period. Use locks and closes to protect reviewed results.

  4. 4

    Run diagnostics

    Resolve missing mappings and unposted operational sources before relying on trial balance, profit and loss, or balance sheet reports.

Useful tips

  • Correct posted journals with reversals, never deletion.
  • Restrict setup permission separately from financial report access.

Troubleshooting

An operation reports a missing accounting mapping

Open Accounting Setup, assign the named mapping to an active account, then retry the operation.

Catalogue 2026.08.10