Leveraging Business Central Statistical and Allocation Accounts
Session Overview: This presentation will explore the intricacies of utilizing statistical accounts to capture non-monetary data and allocation accounts for distributing costs and revenues across various dimensions. Attendees will gain valuable insights into setting up and managing these accounts to provide a more comprehensive view of their organization’s financial health. By leveraging these powerful features within Business Central, businesses can enhance their financial reporting, improve decision-making, and drive strategic growth. Whether you’re a seasoned finance professional or new to the world of ERP systems, this session will equip you with the knowledge to optimize your financial processes and achieve greater fiscal clarity.
Learning Objectives:
- Learn how to effectively use statistical accounts to track non-financial data and allocation accounts to distribute costs and revenues across dimensions for more accurate financial insights.
- Explore step-by-step processes for setting up, maintaining, and using statistical and allocation accounts, including best practices and common pitfalls to avoid.
- Discover how these tools can improve reporting accuracy, support more informed decisions, and contribute to long-term organizational growth and transparency.
Speakers: Michelle Serna
Recorded at: Community Summit NA 2025
Type: Breakout Session
Ability Level: 201 – Intermediate
Primary Product: Business Central/NAV
Tracks: Finance, Training and User Adoption
Terms: All rights reserved by the speaker, Community Summit NA, and Dynamic Communities and cannot be reproduced or distributed without express written consent by the speaker and Dynamic Communities.
