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Question 68 - MB-310 discussion

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An organization plans to set up intercompany accounting between legal entities within the organization.

Automatic transactions between legal entities must meet the following requirements:

Provide systemwide integration and streamlining to save time.

Minimize errors and create an audit trail with full visibility into business activities and transaction histories within the legal entities.

You need to set up intercompany accounting and create pairs of legal entities that can transact with each other, clearly defining the originating company and the destination company.

Which three actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

A.

Select intercompany journal names.

Answers
A.

Select intercompany journal names.

B.

Configure intercompany accounting in both the originating entity and destination entity.

Answers
B.

Configure intercompany accounting in both the originating entity and destination entity.

C.

Create intercompany main accounts to use for the due to and due from accounting entries.

Answers
C.

Create intercompany main accounts to use for the due to and due from accounting entries.

D.

Define intercompany accounting setup by creating legal entity pairs defining originating and destination companies.

Answers
D.

Define intercompany accounting setup by creating legal entity pairs defining originating and destination companies.

E.

Configure intercompany accounting in the destination entity only.

Answers
E.

Configure intercompany accounting in the destination entity only.

Suggested answer: A, C, D

Explanation:

Reference:

https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/intercompany-accounting-setup

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asked 05/10/2024
Luke Swetland
37 questions
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