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You need to register a transaction for the sale of the machinery by using a free text invoice for fixed assets. Which transaction type should you use?

You are the accounts receivable manager of an organization. The organization recently sold machinery to a customer. You need to register a transaction for the sale of the machinery by

What are three possible ways to achieve the goal? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

An organization acquires a building. You need to register and record the building as an asset building in Dynamics 365 Finance and Operations. What are three possible ways to achieve

Which three settings are required? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

You are configuring the Fixed assets module for a Dynamics 365 Finance and Operations environment. You need to set up the basic configuration to create a fixed asset. Which three

A company plans to use Dynamics 365 for Finance and Operations. You need to configure basic budgeting. Which set of actions must you perform?

A company plans to use Dynamics 365 for Finance and Operations. You need to configure basic budgeting. Which set of actions must you perform? A. Define a budget journal Define

Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

You are configuring the Accounts payable module for a company. The company needs to set a limit on the charges they will pay for specific items. You need to set

You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire number for the received electronic payment. Which item should you set up as mandatory?

A client uses Dynamics 365 for Finance and Operations for accounts receivable. You need to configure the method of payment to enforce the accounts receivable clerk to enter the wire

You need to assign the Vendor (external) role to this vendor. Which tasks can this vendor perform?

You are configuring vendor collaboration security roles for external vendors. You manually set up a vendor contact. You need to assign the Vendor (external) role to this vendor. Which tasks

You need to configure the system in the most efficient manner to achieve these requirements. What should you do?

A client is implementing Accounts payable. The client wants to establish three-way matching for 100 of their 5,000 stocked items from a specific vendor. The client requires the ability to

You are configuring intercompany accounting for a multicompany enterprise. You need to set up the Due to and Due from accounts. Which main account type should you use?

You are configuring intercompany accounting for a multicompany enterprise. You need to set up the Due to and Due from accounts. Which main account type should you use? A. Profit

Include the main account and only the business unit and cost center dimensions. What should you configure?

A client has one legal entity and the following four dimensions configured: Business Unit, Cost Center, Department, and Division. You need to configure the client’s system to run the trial

You need to configure Dynamics 365 for Finance and Operations to limit the account type transactions to only ledger. What should you do?

Users are posting project transactions and bank transactions incorrectly in the General journal. The client wants to prevent this from happening in the future. You need to configure Dynamics 365

You need to configure the currency exchange rate provider and exchange rate types. What should you do?

You work for a company that receives invoices in foreign currencies. You need to configure the currency exchange rate provider and exchange rate types. What should you do? A. Configure

Solution: Create a separate company in which you manually create the eliminations. Then, use that company in Financial reporting or in the consolidation process. 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.

Solution: Select Consolidate with import. 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.

Solution: Select Consolidate online in Finance and Operations. Include eliminations during the process or as a proposal. Set up the transactions to post in the legal entity configured for consolidations. 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.

You need to configure Dynamics 365 for Finance and Operations for cash settlements. What should you do?

A public sector company is configuring encumbrance for managing capital budgets. The finance department needs to configure posting definitions for bank transactions. You need to configure Dynamics 365 for Finance

You are configuring Dynamics 365 for Finance and Operations. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions?

You are configuring Dynamics 365 for Finance and Operations. You need to implement posting definitions for all available transaction types. For which type of transactions can you implement posting definitions?

Which three settings must you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

A legal entity has locations and customers in multiple states within the United States. You need to ensure that taxable customers are charged sales tax for taxable items in their

You need to prevent these invalid combinations. What should you do?

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

Which two configurations should you use? (Choose two). Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

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

You need to configure the allocation rule. 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

Which three actions can you perform? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

You are configuring automatic bank reconciliation functionality for a company that has multiple bank accounts. The company wants to import their bank statements. You need to import electronic bank statements

What are three uses for fiscal calendars? Each correct answer presents a complete solution. NOTE: Each correct selection is worth one point.

An organization is setting up a cost accounting. You need to set up fiscal calendars for Dynamics 365 for Finance and Operations. What are three uses for fiscal calendars? Each

You need to implement posting definitions. In which situation should you implement posting definitions?

A client has unique accounting needs that sometimes require posting definitions. You need to implement posting definitions. In which situation should you implement posting definitions? A. when financial dimensions need

Which three configurations must you use? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

A company is preparing to complete a year-end close process. You need to configure the Dynamics 365 for Finance and Operations General ledger module. Which three configurations must you use?

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.

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.

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.