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Exam MB-310 topic 5 question 14 discussion

Actual exam question from Microsoft's MB-310
Question #: 14
Topic #: 5
[All MB-310 Questions]

HOTSPOT -
A company is implementing Microsoft Dynamics 365 Finance. The company plans to implement the Fixed asset module.
You have the following requirements:
✑ Post transactions to the tax depreciation book at the same interval as the primary book.
✑ Tax transactions must be journalized without being recorded in the general ledger.
You need to configure the fixed asset books.
Which configuration option should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

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Suggested Answer:
Box 1: Derived -
Books that are set up to post transactions at intervals other than the primary book intervals must be attached to the fixed asset as separate books and not as derived books.

Box 2: Posting layer -
Each fixed asset transaction is posted to the general ledger. Typically, both a ledger account and a ledger offset account are affected. It is important to select the correct transaction type for fixed asset transactions because the transaction type connects the transaction to the posting profile. The posting profile determines which ledger accounts are used for posting in the general ledger.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/fixed-assets/derived-books https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/post-fixed-asset-journals

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globeearth
1 month, 2 weeks ago
Derived: Ensures the tax depreciation book posts transactions at the same interval as the primary book by automatically generating synchronized entries (e.g., monthly depreciation for both books). Posting Layer: Ensures tax transactions are journalized in the Tax layer for reporting purposes without affecting the general ledger, maintaining separation from financial accounting.
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Kev_Sharp
9 months ago
Derived https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/derived-books Posting layer You can also disable posting to the general ledger for the book by setting the Post to general ledger field to No. The Posting layer field is then automatically set to None. https://learn.microsoft.com/en-us/dynamics365/finance/fixed-assets/post-fixed-asset-transactions-posting-layers
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cs_b
1 year, 3 months ago
For tax transactions that shouldn't be posted in GL, I can't see a valid solution here. Posting on another layer means it is still posted in the GL, so one would need another book here, where the option "Post to general ledger" is set to "No".
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