ExamTopics Logo
Mail Us[email protected]
Menu
Microsoft Discussions
exam questions

Exam MB-310 All Questions

View all questions & answers for the MB-310 exam
Go to Exam

Exam MB-310 topic 1 question 109 discussion

Actual exam question from Microsoft's MB-310
Question #: 109
Topic #: 1
[All MB-310 Questions]

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 Hide Answer
Suggested Answer: A 🗳️
by Simaoliveira2000 at April 3, 2023, 11:48 p.m.

Comments

Chosen Answer:
This is a voting comment (?). It is better to Upvote an existing comment if you don't have anything to add.
Switch to a voting comment New
Submit Cancel
Simaoliveira2000
Highly Voted 1 year, 2 months ago
Should be D.
upvoted 6 times
Newb007
10 months, 1 week ago
NOPE A https://learn.microsoft.com/en-ca/training/modules/configure-tax-module-dyn365-finance/3-authorities
upvoted 3 times
...
...
globeearth
Most Recent 1 month, 3 weeks 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
...
Conrad123
10 months, 2 weeks 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
10 months, 1 week 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
...
...
Community vote distribution
A (35%)
C (25%)
B (20%)
Other
Most Voted
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

SaveCancel