You plan to implement Dynamics 365 Finance.
You need to configure the system to meet the following requirements:
Post vendor invoices in a journal.
Create payments to vendors.
Post headcount transactions.
Process intercompany transactions.
Which journal types should you use? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
A client wants Dynamics 365 Finance to calculate sales tax on a sales order line once an item is added. The
sales tax group is already populated with a value.
You need to ensure that the sales tax will calculate.
Which field should you populate?
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 general ledger based upon the employee's first pay date.
You need to configure accrual schemes for the new fiscal year.
Which two configurations should you use? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
A company has implemented Dynamics 365 Finance.
The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.
You need to configure the system to remit tax payments.
What should you do?
A company implements the general ledger module of Dynamics 365 Finance.
The company must allocate the advertising expense based on a department's sales in proportion to the total sales.
You need to configure the allocation rule.
How should you complete the configuration? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point
An organization uses Dynamics 365 for Finance and Operations.
Several posted journal entries contain invalid main account and dimension combinations. This leads to incorrect financial reporting.
You need to prevent these invalid combinations.
What should you do?
You need to configure budget planning for Alpine Ski House Corporate.
Which two components should you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.
You need to acquire the fixed assets that are associated with the purchase orders.
What should you do?
You need to determine the cause of the issue that User1 reports.
What are two possible causes for the issue? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.
You need to prevent the issue from reoccurring for User5.
What should you do?
