Exam MB-310 topic 1 question 34 discussion

Actual exam question from Microsoft's MB-310

Question #: 34
Topic #: 1

A company plans to use Dynamics 365 Finance to calculate sales tax on sales orders.
You need to automatically calculate sales tax when the sales order is created.
Which three actions should you perform? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

A. Assign values to the sales tax codes and assign the sales tax codes to the sales tax group associated to the customer.
B. Assign all sales tax codes to the item sales tax group associated to the item being sold.
C. Set up a default item sales tax group on the item being sold and set up a default sales tax group on the customer used on the sales order.
D. Associate the sales tax jurisdictions to the item sales tax group associated to the item being sold.
E. Set up a default sales tax code on the customer used on the sales order and set up a default item sales tax group on the item being sold.

Show Suggested Answer

Suggested Answer: ABC 🗳️

by Cumo at Nov. 1, 2020, 4:46 p.m.

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linda3102

Highly Voted 4 years, 1 month ago

I think it should be A,B,C. User can set default sales tax group for customer, not default sales tax code

upvoted 30 times

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bigripdaddy

Highly Voted 2 years, 5 months ago

Selected Answer: ABC

Dear ExamTopic, Please update the answer. Clearly you can not assign a tax code for customers.

upvoted 12 times

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angie97

Most Recent 10 months ago

Selected Answer: ACE

A C E is the correct one

upvoted 2 times

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AdrienBnhm

1 year, 5 months ago

Selected Answer: ABC

ABC for sure

upvoted 2 times

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Zimkita

1 year, 9 months ago

Selected Answer: ABC

Cant assign tax codes on a customer, but tax groups

upvoted 3 times

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Freesia

2 years, 2 months ago

Selected Answer: ABC

ABC also seems correct to me. On every transaction (sales/purchase document lines, journals, and so on), you must enter a sales tax group and an item sales tax group to calculate sales tax. Default groups are specified in master data (for example, customer, vendor, item, and procurement category), but you can manually change the groups on a transaction if you must. Both groups contain a list of sales tax codes, and the intersection of the two lists of sales tax codes determines the list of applicable sales tax codes for the transaction. https://learn.microsoft.com/en-us/dynamics365/finance/general-ledger/indirect-taxes-overview

upvoted 1 times

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H_Incandenza

2 years, 5 months ago

Selected Answer: ABC

ABC A) Correct: the rate (values) are assigned at the level of the code. B) Correct: you assign all sales tax codes to the ST groups so that no matter where you sell, the relevant code is used. (This is the opposite of the ST setup for customers who will typically only have a handful or less of relevant tax codes due to having a nexus in only a few tax jurisdictions.) C) Correct: items are associated to one (default) ST group; as are customers. However, each group has a one to many relationship with ST codes (see B) D) There are no "jurisdictions," only sales tax authorities and settlement periods E) Codes are not assignec directly to items / customers; they are mediated by sales tax groups.

upvoted 4 times

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