MB-310 3 ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS
You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General ledger parameters
- Set the Delete Close of Year Transactions option to Yes
- Set the Create Closing Transactions during Transfer
option to Yes
- Set the Fiscal Year Status to Permanently Closed option
to No
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial dimensions will
,You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General Ledger parameters
- Set the Delete Close of Year Transactions option to Yes
- Set the Create Closing Transactions during Transfer
option to Yes
- Set the Fiscal Year Status to Permanently Closed option
to Yes
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial Dimensions Will
,You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General Ledger parameters
- Set the Delete Close of Year Transactions option to No
- Set the Create Closing Transactions during Transfer
option to No
- Set the Fiscal Year Status to Permanently Closed option
to No
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial Dimensions Will Be
You are implementing a Dynamics 365 Finance general Intercompany journal
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must configure automatic creation of due to/due
from transactions based on when LegalEntityA transacts
with LegalEntityB.
Which system capability should you configure for this
requirement?
A. Intercompany journal
B. Global journal entry
C. Ledger allocation rules
D. Accounts for automatic transactions
, You are implementing a Dynamics 365 Finance general Allocation terms
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must automatically split the dollar amount in half
between DimensionA and DimensionB when the journal is
posted.
Which system capability should you configure for this
requirement?
A. Ledger allocation rules
B. Allocation terms
C. Accounts for automatic transactions
D. Intercompany journal
You are implementing a Dynamics 365 Finance general Ledger allocation rules
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must set up fixed or variable allocations, and then
review the allocations in a journal before posting.
Which system capability should you configure for the
following requirement?
A. Intercompany journal
B. Ledger allocation rules
C. Allocation terms
D. Accounts for automatic transactions
You are implementing a Dynamics 365 Finance general Accounts for automatic transactinos
ledger module for a client that has multiple legal entities.
The client has the following requirements:
The system must automatically post year-end results to
account 30016 during year-end close.
Which system capability should you configure for the
following requirement?
A. Ledger allocation rules
B. Allocation terms
C. Accounts for automatic transactions
D. Intercompany journal
You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General ledger parameters
- Set the Delete Close of Year Transactions option to Yes
- Set the Create Closing Transactions during Transfer
option to Yes
- Set the Fiscal Year Status to Permanently Closed option
to No
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial dimensions will
,You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General Ledger parameters
- Set the Delete Close of Year Transactions option to Yes
- Set the Create Closing Transactions during Transfer
option to Yes
- Set the Fiscal Year Status to Permanently Closed option
to Yes
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial Dimensions Will
,You are configuring the year-end setup in Dynamics 365 No
Finance. You need to configure the year-end setup to
meet the following requirements:
- The accounting adjustments that are received in the 1st
quarter must be able to be posted into the previous
year's Period 13
- The fiscal year closing can be run again, but only the
most recent closing entry will remain in the transactions
- All dimensions from profit and loss must carry over into
the retained earnings
-All future and previous period must have an On Hold
status
Does the solution meet the goal:
- Configure General Ledger parameters
- Set the Delete Close of Year Transactions option to No
- Set the Create Closing Transactions during Transfer
option to No
- Set the Fiscal Year Status to Permanently Closed option
to No
- Define the year-end close template
- Designate a retained earnings main account for each
legal entity
- Set the Financial Dimensions Will Be
You are implementing a Dynamics 365 Finance general Intercompany journal
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must configure automatic creation of due to/due
from transactions based on when LegalEntityA transacts
with LegalEntityB.
Which system capability should you configure for this
requirement?
A. Intercompany journal
B. Global journal entry
C. Ledger allocation rules
D. Accounts for automatic transactions
, You are implementing a Dynamics 365 Finance general Allocation terms
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must automatically split the dollar amount in half
between DimensionA and DimensionB when the journal is
posted.
Which system capability should you configure for this
requirement?
A. Ledger allocation rules
B. Allocation terms
C. Accounts for automatic transactions
D. Intercompany journal
You are implementing a Dynamics 365 Finance general Ledger allocation rules
ledger module for a client that has multiple legal entities.
The client has the following requirement:
You must set up fixed or variable allocations, and then
review the allocations in a journal before posting.
Which system capability should you configure for the
following requirement?
A. Intercompany journal
B. Ledger allocation rules
C. Allocation terms
D. Accounts for automatic transactions
You are implementing a Dynamics 365 Finance general Accounts for automatic transactinos
ledger module for a client that has multiple legal entities.
The client has the following requirements:
The system must automatically post year-end results to
account 30016 during year-end close.
Which system capability should you configure for the
following requirement?
A. Ledger allocation rules
B. Allocation terms
C. Accounts for automatic transactions
D. Intercompany journal
