A client wants general journal to be used only to post ledger-type transactions.
You need to set up journal configuration to achieve the requirement.
Solution: Set up the journal control on the general to the account type of ledger.
Does the solution meet the goal?

A.

Yes

B.

No

A client wants general journals to be used only to post ledger-type transactions.
You need to set up journal configuration to achieve the requirement.
Solution: Set up default offset account on the journal name.
Does the solution meet the goal?

A.

Yes

B.

No

A company uses Microsoft Dynamics 365 Finance.
You receive a new purchase invoice. You must process the invoice as a fixed asset that
complies with applicable tax regulations. Double entry is not permitted for asset
acquisitions.
You need to configure the asset and books.

Which four actions should you recommend be performed in sequence? To answer move all
actions from the list of actions to the answer area and arrange them m the correct order.

A company configures Dynamics 36S Finance to collect and report sales tax horn
customers. The company calculates the sales tax amount needed to pay a vendor for
taxable items and expenses.
The company is required by law to accrue and pay use tax. You add a new vendor in an
existing, region.
You need to configure the system to accrue use tax for the new vendor.
Which three actions should you take? Each correct answer presents part of the solution.
NOTL Each coned selection is worth one pant.

A.

Create a new tax group for the use tax.

B.

Create a new tax code for the use tax.

C.

Configure the use tax payable for the main account into the ledger posting group.

D.

Add a tax code to the tax group with the use tax option set to Yes.

E.

Create a new tax authority for the use tax.

F.

Add a tax code to the item sales tax group.

G.

Create a new settlement period for the use tax.

A company uses Microsoft Dynamics 365 Finance. You create revenue allocation
schedules for items
You need to link a revenue allocation schedule to an item.
Which two pages should you use? Each correct answer presents a complete solution
NOTE: Each correct selection is worth one point.

A.

Item posting profile

B.

Charges group

C.

Released item

D.

item group

E.

Revenue allocation journal

You are implementing Dynamics 365 Finance.
The company charges a convenience cost of $1S foe payments received from customers
as an electronic fund transfer (EFT). The company also charges 10 percent interest on
invoices that are not paid within the 30-day net terms
You need to configure the system
Which option should you configure? To answer, select the appropriate options in the
answer area
NOTE: Each correct selection is worth one point.

A company uses Microsoft Dynamics 365 finance to manage customer support contracts.
You need to validate a revenue recognition schedule for a customer,
in which two pages can you view the revenue recognition schedule? Each correct answer
presents a complete solution.
NOTE: Each correct selection is worth one point.

A.

an invoiced sales order

B.

the revenue schedule details

C.

the revenue schedules

D.

an invoiced purchase order

E.

The revenue recognition schedule

A client wants general journals to be used only to post ledger-type transactions.
You need to set up journal configuration to achieve the requirement.

Solution: Set up posting restrictions on the general journal.
Does the solution meet the goal?

A.

Yes

B.

No

A company is implementing Microsoft Dynamics 365 Finance.
The company has multiple vehicles. You depreciate all vehicles by using the straight-line
service file depreciation method. The same ledger account is used to record the transaction
when vehicle assets are acquired,
You need to configure the vehicles as fixed assets in the system.
Which feature should you use? To answer, drag the appropriate features to the correct
requirements- Each feature may be used once, more than once, or not at all. You may
need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection b worth one point.

You need to ensure accounting entries are transferred from subledgers to general ledgers.
How should you configure the batch transfer rule? To answer, select the appropriate
options in the answer area.
NOTE: Each correct selection is worth one point.