A company is using vendors to produce components for its products.
Journal types are not configured to support vendor invoices-
You need to identify and configure journals to use for vendor invoices.
Which journal types should you use? To answer, select the appropriate options in the
answer area,
NOTE: Each correct selection is worth one point

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 online in Finance and Operations. Include eliminations during
the process or as a proposal. Setup the transactions to post in the legal entity configured
for consolidations.
Does the solution meet the goal?

A.

Yes

B.

No

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 balance inquiry in the General
ledger module so that it displays the trial balance two ways:
• Include the main account and all four dimensions.
• Include the main account and only the business unit and cost center dimensions.
What should you configure?

A.

two account structures

B.

all financial dimensions by using the group dimension functionality

C.

two financial dimension sets

D.

two derived financial dimension hierarchies

You are setting up the Accounts payable module and vendor invoice policies for an
organization.
You need to set up vendor invoice policies that run when vendor invoices are posted in the
system.
In which two ways can you set up the policies? Each correct answer presents a complete
solution.
NOTE: Each correct selection is worth one point.

A.

Set up invoice matching validation for vendor invoice policy.

B.

Configure the vendor invoice workflow to run the policies.

C.

Run the policies when you post a vendor invoice by using the Vendor invoice page and when you open the
Vendor invoice policy violations page.

D.

Apply the policies to invoices that were created in the invoice register or invoice journal.

A client wants to ensure that transactions posted to the General Ledger have the correct
combination of account number and dimensions.
The Services Industry P&L Account Structure has the following information:

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? Each correct answer presents part of
the solution. NOTE: Each correct selection is worth one point.

A.

Configure the Fiscal year close parameters

B.

Configure the ledger calendar for the new fiscal year

C.

Configure the transfer balance

D.

Validate the main account type

E.

Create the next fiscal year

You are asked to configure the method of payments for vendors.
You are viewing an Accounts payable method of payment.
Use the drop-down menus to select the answer choice that answers each question based
on the information presented in the graphic.
NOTE: Each correct selection is worth one point.

You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to apply a constant currency exchange rate to calculate the reporting currency
value of fixed assets.
To complete this task, sign in to the Dynamics 365 portal.

D18912E1457D5D1DDCBD40AB3BF70D5D
A customer uses the sales tax functionality in Dynamics 365 Finance.
The customer reports that when a sales order is created, sales tax does not calculate on
the line.
You need to determine why sales tax is not calculated.
What are two possible reasons? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

A.

The sales tax group is populated on the line, but the item sales tax group is missing.

B.

The sales tax settlement account is not configured correctly.

C.

The sales tax authority is not set up for the correct jurisdiction.

D.

The sales tax code and item sales tax code are selected, but the sales tax group is not
associated to both
codes.

E.

The sales tax group and item sales tax group are selected, but the sales tax code is not
associated with
both groups.

You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to create a report that contains the sales tax settlements for the state of
California during the quarter that began on January 1, 2017. To validate you results, save
the file in Microsoft Excel format to the Downloads\Report folder.
To complete this task, sign in to the Dynamics 365 portal.

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 the allocation rule. Which allocation method should you use?

A.

AFied percentage

B.

Equally

C.

Basis

D.

Fixed weight

A company has delinquent customers.
You need to configure Dynamics 365 for Finance and Operations to meet the following
requirements:
• Send communication to the customers detailing their past-due invoices.
• Use the system to automatically calculate a late charges,
• Create a group of customers for a collection agent to monitor.
• View a list of customers with colored indicators of a customer's payment status.
You need to associate the correct system functionality to manage delinquent customers
based on these business requirements.