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Total 282 questions

Microsoft Dynamics 365 Finance Questions and Answers

Question 25

A company manufactures air filtering units for industrial manufacturing plants.

The company offers specific incentives if customers pay within a certain number of days to include:

• 10 percent off if paid in full within 5 days

• 5 percent off if paid in full within 10 days

Customers who pay by electronic funds transfer (EFT) will be charged $15 per transfer. You need to configure the system.

Which option should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

Options:

Question 26

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.

Options:

A.

Item posting profile

B.

Charges group

C.

Released item

D.

item group

E.

Revenue allocation journal

Question 27

A client plans to use Dynamics 365 for Finance and Operations for year-end 1099 reporting in the United States. You are viewing a vendor master data record on the 1099 FastTab.

Options:

Question 28

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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.

Options:

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.

Page: 7 / 13
Total 282 questions