For which type of transactions can you implement posting definitions?

You are configuring Dynamics 365 Finance. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions?A . Accounts payable, Accounts receivable, Bank, Budget, Payroll, and PurchasingB . Accounts payable, Bank, Budget, Fixed assets, and PayrollC . Accounts payable, Accounts...

July 19, 2020 No Comments READ MORE +

What should you do?

You are a finance consultant. Your client needs you to configure cash flow forecasting. The client wants specific percentages of main accounts to contribute to different cash flow forecasts for other main accounts. You need to configure Dynamics 365 for Finance to meet the needs of the client. What should...

July 19, 2020 No Comments READ MORE +

Which three actions should you perform?

An organization plans to set up intercompany accounting between legal entities within the organization. Automatic transactions between legal entities must meet the following requirements: - Provides systemwide integration and streamlining to save time - Minimizes errors and create an audit trail with full visibility into business activities and transaction histories...

July 18, 2020 No Comments READ MORE +

A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States

HOTSPOT A client plans to use Dynamics 365 Finance for year-end 1099 reporting in the United States. You are viewing a vendor master data record on the 1099 FastTab. Use the drop-down menus to select the answer choice that answers each question based on the information presented in the graphic....

July 18, 2020 No Comments READ MORE +

Does the solution meet the goal?

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution. After you...

July 18, 2020 No Comments READ MORE +

In which order should you perform the actions?

DRAG DROP A retail company has outlets in multiple locations. Taxes vary depending on the location. You need to configure the various components of the tax framework. In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and...

July 18, 2020 No Comments READ MORE +

Which allocation method should you use?

A company plans to create a new allocation rule for electric utilities expenses. The allocation rule must meet the following requirements: - Distribute overhead utility expense to each department. - Define how and in what proportion the source amounts must be distributed on various destination lines. You need to configure...

July 17, 2020 No Comments READ MORE +

Which two configurations should you use?

A company provides employee life insurance to all full-time employees. Employee life insurance policies are paid twice a year to the insurance company. Transactions for current employees must be recognized in the general ledger twice a month with an employee’s pay. Transactions for new employees must be recognized in the...

July 17, 2020 No Comments READ MORE +

Which three actions should you perform?

A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders. You need to automatically calculate sales tax when the sales order is created. Which three actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point,A...

July 17, 2020 No Comments READ MORE +

Which three actions do these configurations accomplish?

You are a Dynamics 365 Finance consultant. You plan to configure the allocation base, cost behavior, and cost distribution. Which three actions do these configurations accomplish? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.A . Spread costs from one cost object to one...

July 16, 2020 No Comments READ MORE +