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Question 275 - MB-700 discussion

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DRAG DROP

You need to recommend a solution to meet Margie's consolidation requirements.

What should you recommend? To answer, drag the appropriate solutions to the correct requirements. Each solution may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

NOTE: Each correct selection is worth one point.


Question 275
Correct answer: Question 275

Explanation:

Box 1: Consolidation company

Eliminations can be reported in multiple ways:

* A separate company can be created and used to manually determine and post elimination transactions. This company can be used in the consolidation process or in financial reporting.

* Elimination rules can be set up in the system.

* The accounts and financial dimensions that are used to determine intercompany activity can be filtered on a row definition or column definition in Financial reporting, and full drill-down capabilities can be used.

Box 2: Financial reporting

There are multiple options for consolidating data:

* Financial reporting – This option enables consolidation of transactions and balances, and can be generated at any time. Multiple levels of hierarchies can be created, and multiple reporting currencies can be viewed.

* Consolidate online – This option consolidates daily balances by the selected accounts and dimensions, and stores them in a consolidation company.

* Consolidate with import – This option imports balances into a consolidation company.

Export company balances Note: The CEO is considering the acquisition of additional companies in the same countries as the current companies. The consolidation structure may change within the first 90 days of go-live.

Margie's does not want to finalize the consolidation structure for a hard-close at month's end until this has been finalized.

Reference: https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/consolidationelimination-overview

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asked 05/10/2024
Parita Malbari
48 questions
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