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 to default from the main account onto an invoice
• B.when using encumbrance accounting for purchase orders
• C.when the system needs to automatically post a transaction to the accounts receivable account on invoice posting
• D.when creating one offset ledger entry based on transaction type

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You are a consultant who is implementing Dynamics 365 Finance in your organization.
You need to set up currencies and exchange rates for a client.
Which three actions should you perform in sequence? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Correct Answer:

Explanation

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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.
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A client has multiple legal entities set up in Dynamics 365 for Finance and Operations. All companies and data reside in Finance and Operations.
The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Finance and Operations instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate with import.
Does the solution meet the goal?

• A.Yes
• B.No

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You need to address the posting of sales orders to a closed period.
What should you do?

• A.Use a ledger calendar to update module access.
• B.Use a ledger calendar to update period status.
• C.Divide the period.
• D.Permanently close the period for all modules.
• E.Permanently close the fiscal year.

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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 answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.
A client has one legal entity, two departments, and two divisions. The client is implementing Dynamics 365 Finance. The departments and divisions are set up as financial dimensions.
The client has the following requirements:
* Only expense accounts require dimensions posted with the transactions.
* Users must not have the option to select dimensions for a balance sheet account.
You need to configure the ledger to show applicable financial dimensions based on the main account selected in journal entry.
Solution: Configure default financial dimensions on expense accounts only.
Does the solution meet the goal?

• A.Yes
• B.No

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