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Exam MB-310 topic 1 question 87 discussion

Actual exam question from Microsoft's MB-310
Question #: 87
Topic #: 1
[All MB-310 Questions]

HOTSPOT -
You are implementing a Dynamics 365 Finance general ledger module for a client that has multiple legal entities.
The client has the following requirements:
✑ Post journal entries for all companies from one legal entity.
✑ Configure automatic creation of due to/due from transactions based on when LegalEntityA transacts with LegalEntityB.
✑ Automatically split the dollar amount in half between DimensionA and DimensionB when the journal is posted.
✑ Set up fixed or variable allocations, and then review the allocations in a journal before posting.
✑ Automatically post yearend results to account 30016 during yearend close.
You need to configure the system.
Which system capability should you configure? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:

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Suggested Answer:
Box 1: intercompany journal -

Box 2: allocation terms -
Allocation terms are used to distribute amounts across multiple ledger account combinations. They help ensure that expenses or revenues are charged to the correct object in accounting.

Box 3: ledger allocation rules -
Box 4: accounts for automatic transactions
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/main-account-allocation-terms

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globeearth
1 month, 2 weeks ago
Given answers are correct - ==> Use Intercompany journal for automatic due to/due from transactions between LegalEntityA and LegalEntityB. ==> Use Allocation terms to split journal amounts between DimensionA and DimensionB during posting. ==> Use Ledger allocation rules for fixed or variable allocations with reviewable journals. ==> Use Accounts for automatic transactions to post year-end results to account 30016.
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