D365FO MB-310 QUESTIONS WITH VERIFIED
ACCURATE SOLUTION 2026
A company is preparing to complete a year-end process. You need to configure the
D365FO General Ledger module.
Which three configurations must you see?
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 - Answers -A, D, E
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 the system needs to automatically post a transaction to the accounts
receivable account on invoice posting
c. When creating one offset ledger entry based on transaction type
When only certain dimensions are allowed to post with certain main account
combinations - Answers -B
An organisation is setting up cost accounting. You need to set up fiscal calendars for
D365FO.
What are three uses for fiscal calendars?
a. Standard work hours
b. Financial transactions
c. Fixed asset depreciation
d. Budget Cycles
e. Shift work hours - Answers -B, C, D
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 to reconcile the bank accounts.
Which three actions can you perform?
,a. Select all the bank accounts for the bank statement files, and then upload all files
b. Select Account reconciliation on the bank account form
c. Import bank statements from the data management workspace
d. Navigate to import statement on the Bank Statements page of Cash and Bank
management
e. Select import statement for multiple bank accounts in all legal entities, and then
upload a zip file - Answers -B, D, E
A company plans to create a new allocation rule for electric utilities expenses. The
allocation rule must meet the following requirements:
Distribute overhead utility expenses 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. Fixed percentage
b. Fixed weight
c. Equally
d. Basis - Answers -Basis
You want a summarized chart of accounts in the Consolidation company. Many
accounts from Subsidiary companies combine into single summarized accounts within
this Consolidation company.
Which two items do you need to set up?
a. Additional consolidation accounts
b. Closing sheet
c. Consolidation account groups
d. Elimination rules - Answers -A, C
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 recognised in the general ledger twice a month with an
employees pay. Transactions for new employees must be recognised 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?
a. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset
to the first pay date of the fiscal year
b. For current employees, use a Credit accrual scheme. In the ledger accrual, set the
offset to the employee's first pay date.
,c. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset
to the employee's first pay date.
d. For current employees, use a Debit accrual scheme. In the ledge - Answers -C, D
An organisation uses D365FO. 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?
a. Configure the account structure to specify which financial dimensions are valid for
which main accounts.
b. Train users to select the Validate button in the current journal configuration so that
the correct account and dimension combination is used.
c. Configure financial dimension sets to limit which financial dimensions are valid for
which main accounts.
d. Associate the correct main account to that financial dimension on the financial
dimension setup form. - Answers -A
A legal entity has locations and customers in multiple states within the USA. You need
to ensure that taxable customers are charged sales tax for taxable items in their delivery
location.
Which three settings must you configure?
a. The Sales tax group on the Customer record
b. The Terms of delivery setup
c. The Item Sales tax group on the Item record
d. The Sales reporting codes
e. The Sales tax codes - Answers -A, C, E
You are configuring D365FO. You need to implement posting definitions for all variable
transaction types.
For which type of transactions can you implement posting definitions?
a. Accounts payable, Accounts receivable, Bank, Budget, Payroll, Purchasing
b. Accounts payable, Bank, Budget, Fixed assets, Payroll, Purchasing
c. Accounts payable, Accounts receivable, Fixed assets, Payroll, Purchasing
d. Accounts payable, Accounts receivable, Budget, Fixed assets - Answers -A
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 D365FO for cash settlements.
What should you do?
, a. Configure combined deposit amounts
b. Configure budget appropriations
c. Configure general ledger year-end close
d. Configure advanced ledger entries - Answers -D
You work for a company that receives invoices in foreign currencies. You need to
configure the currency exchange rate providers and exchange rate types.
What should you do?
a. Configure exchange rate providers, create exchange rate type, and import the
currency exchange rates.
b. Select the appropriates HTML key values from the available exchange rate providers.
Then, use the provider for importing one currency exchange.
c. Use a developer to write the HTML key values code to configure the currency
exchange rate providers. Then, use the provider for importing a currency exchange rate
type.
d. Use a developer to write the XML key values code to configure the currency
exchange rate providers. Then, use the provider for importing a currency exchange rate
type. - Answers -A
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 D365FOto limit the account type transactions to only ledger.
What should you do?
a. Use journal control to specify which account types are valid for the GL journal
b. Use advanced ledger entries to define the account types that can be used in the GL
journal
c. Configure the voucher series associated with this journal to allow only ledger account
types
d. Create a journal template that has ledger as the account type and offset account type
- Answers -A
A client has one legal entity and the following four dimensions configured: Business
Unit, Cost Centre, Department, and Division. You need to configure the client's system
to run the trial balance enquiry in the General ledger module so that it displays the trial
balance in two ways.
· Include the main account and all four dimensions.
· Include the main account and only the business unit and cost centre dimensions.
What should you configure?
ACCURATE SOLUTION 2026
A company is preparing to complete a year-end process. You need to configure the
D365FO General Ledger module.
Which three configurations must you see?
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 - Answers -A, D, E
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 the system needs to automatically post a transaction to the accounts
receivable account on invoice posting
c. When creating one offset ledger entry based on transaction type
When only certain dimensions are allowed to post with certain main account
combinations - Answers -B
An organisation is setting up cost accounting. You need to set up fiscal calendars for
D365FO.
What are three uses for fiscal calendars?
a. Standard work hours
b. Financial transactions
c. Fixed asset depreciation
d. Budget Cycles
e. Shift work hours - Answers -B, C, D
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 to reconcile the bank accounts.
Which three actions can you perform?
,a. Select all the bank accounts for the bank statement files, and then upload all files
b. Select Account reconciliation on the bank account form
c. Import bank statements from the data management workspace
d. Navigate to import statement on the Bank Statements page of Cash and Bank
management
e. Select import statement for multiple bank accounts in all legal entities, and then
upload a zip file - Answers -B, D, E
A company plans to create a new allocation rule for electric utilities expenses. The
allocation rule must meet the following requirements:
Distribute overhead utility expenses 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. Fixed percentage
b. Fixed weight
c. Equally
d. Basis - Answers -Basis
You want a summarized chart of accounts in the Consolidation company. Many
accounts from Subsidiary companies combine into single summarized accounts within
this Consolidation company.
Which two items do you need to set up?
a. Additional consolidation accounts
b. Closing sheet
c. Consolidation account groups
d. Elimination rules - Answers -A, C
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 recognised in the general ledger twice a month with an
employees pay. Transactions for new employees must be recognised 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?
a. For new employees, use a Credit accrual scheme. In the ledger accrual, set the offset
to the first pay date of the fiscal year
b. For current employees, use a Credit accrual scheme. In the ledger accrual, set the
offset to the employee's first pay date.
,c. For new employees, use a Debit accrual scheme. In the ledger accrual, set the offset
to the employee's first pay date.
d. For current employees, use a Debit accrual scheme. In the ledge - Answers -C, D
An organisation uses D365FO. 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?
a. Configure the account structure to specify which financial dimensions are valid for
which main accounts.
b. Train users to select the Validate button in the current journal configuration so that
the correct account and dimension combination is used.
c. Configure financial dimension sets to limit which financial dimensions are valid for
which main accounts.
d. Associate the correct main account to that financial dimension on the financial
dimension setup form. - Answers -A
A legal entity has locations and customers in multiple states within the USA. You need
to ensure that taxable customers are charged sales tax for taxable items in their delivery
location.
Which three settings must you configure?
a. The Sales tax group on the Customer record
b. The Terms of delivery setup
c. The Item Sales tax group on the Item record
d. The Sales reporting codes
e. The Sales tax codes - Answers -A, C, E
You are configuring D365FO. You need to implement posting definitions for all variable
transaction types.
For which type of transactions can you implement posting definitions?
a. Accounts payable, Accounts receivable, Bank, Budget, Payroll, Purchasing
b. Accounts payable, Bank, Budget, Fixed assets, Payroll, Purchasing
c. Accounts payable, Accounts receivable, Fixed assets, Payroll, Purchasing
d. Accounts payable, Accounts receivable, Budget, Fixed assets - Answers -A
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 D365FO for cash settlements.
What should you do?
, a. Configure combined deposit amounts
b. Configure budget appropriations
c. Configure general ledger year-end close
d. Configure advanced ledger entries - Answers -D
You work for a company that receives invoices in foreign currencies. You need to
configure the currency exchange rate providers and exchange rate types.
What should you do?
a. Configure exchange rate providers, create exchange rate type, and import the
currency exchange rates.
b. Select the appropriates HTML key values from the available exchange rate providers.
Then, use the provider for importing one currency exchange.
c. Use a developer to write the HTML key values code to configure the currency
exchange rate providers. Then, use the provider for importing a currency exchange rate
type.
d. Use a developer to write the XML key values code to configure the currency
exchange rate providers. Then, use the provider for importing a currency exchange rate
type. - Answers -A
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 D365FOto limit the account type transactions to only ledger.
What should you do?
a. Use journal control to specify which account types are valid for the GL journal
b. Use advanced ledger entries to define the account types that can be used in the GL
journal
c. Configure the voucher series associated with this journal to allow only ledger account
types
d. Create a journal template that has ledger as the account type and offset account type
- Answers -A
A client has one legal entity and the following four dimensions configured: Business
Unit, Cost Centre, Department, and Division. You need to configure the client's system
to run the trial balance enquiry in the General ledger module so that it displays the trial
balance in two ways.
· Include the main account and all four dimensions.
· Include the main account and only the business unit and cost centre dimensions.
What should you configure?
