How do I set up Business Central for the Dynamics 365/Soldo integration?

This guide is for users wanting to integrate their Dynamics 365 and Soldo accounts. Check the following steps have been completed before starting the setup flow to ensure Soldo transactions are posted to the correct bank accounts in Business Central.

Set up a bank account

We recommend that every currency you have in Soldo is linked to its own bank account in Business Central. Here’s how to set up a bank account:

1. Under ‘Cash Management’ in Business Central, go to ‘Bank Accounts’
2. Click ‘New’ to create a new bank account, and give the account a name e.g. Soldo GBP or Soldo EUR
3. Under ‘Posting’, set the currency code

Set up a chart of accounts code

A chart of accounts code will be linked to the corresponding bank account via a Bank Posting Group. It will also be connected to the journals posted from Soldo. Here’s how to set up a chart of accounts code:

1. Under ‘Finance’ in Business Central, go to ‘Chart of Accounts’
2. Click ‘New’
3. Set the ‘Income/Balance’ option to ‘Balance Sheet’ and the ‘Account Subcategory’ to ‘Cash’

Set up a corresponding posting group

Here’s how to set up a corresponding posting group:

1. In Business Central, search ‘Bank Account Posting Groups’
2. Click ‘New’
3. Enter a name, then enter the chart of accounts code you just set up in the ‘G/L Account Number’ column

You should now assign the posting group to the bank account that you created in the first step:

1. Under ‘Cash Management’ in Business Central, go to ‘Bank Accounts’ to navigate to the bank account you created previously
2. Edit the bank account to set the value of ’Bank Acc. Posting Group’ to the posting group you have just created

Set up a general journal

Finally, create a general journal and link it to an existing bank account. Here’s how to create a general journal:

1. Under ‘Finance’ in Business Central, go to ‘General Journals’
2. Click ‘New’
3. Enter a name and description, then link the corresponding bank account under the ‘Bal. Account No.’ column

If you prefer to use a payment journal, the process is the same as creating a general journal. You will find the list of payment journals under the Cash Management section on Business Central.

When integrating your Business Central and Soldo accounts, this journal will be imported into Soldo where you can link it with the corresponding currency.