Introduction
The public sector, also referred to as the state and local sector, is predominantly a services industry that manages the welfare of its citizens. The public sector industry includes organizations in the fields of municipalities, education, healthcare, public safety, public works and infrastructure, national defense, taxation, and various social programs.
This module explains how to configure financial management for the public sector in Dynamics 365 Finance.
In this module, you will learn how to:
- Set up funds for the public sector.
- Set up derived dimensions.
- Set up derived financial hierarchies for the public sector.
- Set up the Advanced ledger entries functionality for the public sector.
- Configure billing codes for free text invoices.