Microsoft MB-310 Quiz 2 Topic 6 Questions 6-10

Question: 1

SIMULATION

You are a functional consultant for Contoso Entertainment System USA (USMF).

You need to generate a trial balance report for the period of January 1, 2017 to December 31, 2017. To validate you results, save the file in Microsoft Excel format to the Downloads\Trial folder.

To complete this task, sign in to the Dynamics 365 portal.

AClick General ledger > Reports > Transactions > Trial Balance
*Enter the Start and End dates for the report.
*Click Destinations ... to specify how you want to 'print' the report.
*Select File as the destination.
*Select the Downloads\Trial folder for the location.
*Select Microsoft Excel for the file format.
*Click OK to close the 'Print destination settings' form.
*Click OK to 'print' (save) the report to the selected destination.

BA. Click General ledger > Reports > Transactions > Trial Balance
*Enter the Start and End dates for the report.
*Click Destinations ... to specify how you want to 'print' the report.
*Select Microsoft Excel for the file format.
*Click OK to close the 'Print destination settings' form.
*Click OK to 'print' (save) the report to the selected destination.

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Question: 2

SIMULATION

You are a functional consultant for Contoso Entertainment System USA (USMF).

You plan to run several reports in USMF that list all the write-off transactions.

You need to replace the write-off reason used by the system for USMF to use a reason of ''Bad debts.

To complete this task, sign in to the Dynamics 365 portal.

AYou need to add a write-off reason for USMF and set it as the default.
*Go to Navigation pane > Modules > Credit and collections > Setup > Accounts receivable parameters.
*Click the Collections tab.
*Click the Edit icon in the Write-Off section.
*Add a new Write-Off reason if it doesn't exist.
*Tick the ''Default'' checkbox next to the new Write-Off reason.
*Click the Save button to save the changes.

BYou need to add a write-off reason for USMF and set it as the default.
*Go to Navigation pane > Modules > Credit and collections > Setup > Accounts receivable parameters.
*Click the Collections tab.
*Click the Edit icon in the Write-Off section.
*Click the Save button to save the changes.

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Question: 3

You are a Dynamics 365 Finance consultant.

You are currently unable to collaborate or track progress toward month-end close across legal entities in the current system.

You need to resolve the issue.

What should you configure?

AFinancial reporting

BFinancial insights workspace

CElectronic reporting

DFinancial period close workspace

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Question: 4

A company has many customers who are not paying invoices on time.

You need to use the collection letter functionality to manage customer delinquencies.

What are two possible ways to achieve the goal? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

ACancel the collection letters after they are created and posted.

BPrint all of the collection letters.

CDelete the collection letters after posting when an error occurs.

DPost the collection letters.

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Question: 5

SIMULATION

You are a functional consultant for Contoso Entertainment System USA (USMF).

USMF recently opened a new bank account in the Brazilian currency.

You need to create a new bank account in the system for the new bank account.

To complete this task, sign in to the Dynamics 365 portal.

A1. Create a new bank account at Cash and bank management > Bank accounts > Bank accounts.
2. Complete all required fields. The following list includes some fields that might be required.
* Bank account (code)
* Bank account number
* Main account - This is the general ledger account that is used for posting.
* Currency
* SWIFT code
3. Enter Brazil-specific information:
* Select Bank in the Bank groups field. Confirm that the BIC and Corr. Bank account fields are correct. Also, confirm Address and Contact information on respective FastTabs and update accordingly.
* Define the number series for payment order generation in the P/O numeration field.
* For bank accounts in foreign currency, you can also define .docx templates for generation of payment orders in paper format in the following fields: Payment order in currency, Order template (currency sale), and Order template (currency purchase).

B1. Create a new bank account at Cash and bank management > Bank accounts > Bank accounts.
2. Complete all required fields. The following list includes some fields that might be required.
* Bank account (code)
* Bank account number
* Main account - This is the general ledger account that is used for posting.
* Currency
3. Enter Brazil-specific information:
* Select Bank in the Bank groups field. Confirm that the BIC and Corr. Bank account fields are correct. Also, confirm Address and Contact information on respective FastTabs and update accordingly.
* For bank accounts in foreign currency, you can also define .docx templates for generation of payment orders in paper format in the following fields: Payment order in currency, Order template (currency sale), and Order template (currency purchase).

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Microsoft MB-310 Quiz:2 Topic:6 Questions:6-10