Prepare for the Microsoft Dynamics 365 Finance Functional Consultant exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
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A client wants general journals to be used only to post ledger-type transactions.
You need to set up journal configuration to achieve the requirement.
Solution: Set up posting restrictions on the general journal.
Does the solution meet the goal?
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?
SIMULATION
You are a functional consultant for Contoso Entertainment System USA (USMF).
You need to assign the Accountant closing role for the USMF legal entity to an employee named Theresa Jayne.
To complete this task, sign in to the Dynamics 365 portal.
Navigate to System administration > Security > Assign users to roles
Select the 'Accountant Closing' role.
Click the ''Manually assign / exclude users'' button
Select the Theresa Jayne user account and click the ''Assign to role'' button.
Click the ''Assign organizations'' button
Select the ''Grant access to specific organizations'' option
Select the USMF legal entity and click the ''Grant'' button.
https://www.dynamics-tips.com/system-administration/security-roles
The controller at a company has multiple employees who enter standard General ledger journals. The controller wants to review these journal entries before they are posted. Currently, journals entries are posted without review.
You need to configure Dynamics 365 Finance to help set up a system led review process to meet the controller's needs.
Which functionality should you configure?
You are the accounts receivable manager of an organization. The organization recently sold machinery to a customer. You need to registers transaction for the sale of the machinery by using a free text invoice for fixed assets. Which transaction type should you use?
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