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Exam MB-310 topic 2 question 58 discussion

Actual exam question from Microsoft's MB-310
Question #: 58
Topic #: 2
[All MB-310 Questions]

A company uses Dynamics 365 Finance.

All customer balances must be posted to an accounts receivable trading main account.

You need to configure the customer posting profile.

Which posting profile field value should you use?

  • A. Liquidity account for payments
  • B. Summary account
  • C. Liability for discount account
  • D. Sales tax prepayments
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Suggested Answer: B 🗳️

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globeearth
1 month, 4 weeks ago
Selected Answer: B
B. Summary account: The Summary account field in the customer posting profile specifies the main accounts receivable account (e.g., 1200 - Accounts Receivable) to which customer balances are posted. When a customer invoice is posted, the receivable amount is debited to this Summary account, reflecting the total balance owed by the customer. This account is used for all customer transactions that affect the accounts receivable balance, such as invoices, credit notes, and write-offs, ensuring that all customer balances are consolidated in the designated accounts receivable trading account.
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