Exam MB-310 topic 1 question 109 discussion

Actual exam question from Microsoft's MB-310

Question #: 109
Topic #: 1

A company has implemented Dynamics 365 Finance.

The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.

You need to configure the system to remit tax payments.

What should you do?

A. Associate the vendor record to the tax authority.
B. Set up a customer record for the tax authority.
C. Associate the vendor record to the settlement period.
D. Set up the jurisdiction and associate the jurisdiction to the tax authority.

Show Suggested Answer

Suggested Answer: A 🗳️

by Simaoliveira2000 at April 3, 2023, 11:48 p.m.

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Simaoliveira2000

Highly Voted 1 year, 4 months ago

Should be D.

upvoted 6 times

Newb007

12 months ago

NOPE A https://learn.microsoft.com/en-ca/training/modules/configure-tax-module-dyn365-finance/3-authorities

upvoted 3 times

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globeearth

Most Recent 3 months, 1 week ago

Selected Answer: A

A. Associate the vendor record to the tax authority is the correct action to configure Dynamics 365 Finance to remit tax payments. Link a vendor record to each tax authority (Florida, Nebraska, Washington) in General Ledger > Sales Tax > Tax Authorities by setting the Vendor ID. This enables the Settle and Post Sales Tax process to generate vendor invoices or payments for quarterly tax liabilities, facilitating remittance to the tax authorities.

upvoted 1 times

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Conrad123

1 year ago

Selected Answer: A

I cannot find this jurisdiction thing in D365 manual or directly in D365... i guess it was present in AX2012: https://learn.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/set-up-sales-tax-jurisdictions so it seems A is the correct answer.

upvoted 3 times

Newb007

12 months ago

You got it A is correct https://learn.microsoft.com/en-ca/training/modules/configure-tax-module-dyn365-finance/3-authorities.

upvoted 3 times

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