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MB-310 Dumps With Exact Questions and Answers

Exact2pass Provides 100% Valid Microsoft Dynamics 365 Finance MB-310 Exam dumps Questions and answers which can helps you to Pass Your Certification Exam in First Attempt.

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MB-310 Questions and Answers

Question # 1

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

You are configuring the year-end setup in Dynamics 365 for Finance and Operations.

You need to configure the year-end setup to meet the following requirements:

  • The accounting adjustments that are received in the first quarter must be able to be posted in to the previous year’s Period 13.
  • The fiscal year closing can be run again, but only the most recent closing entry will remain in the transactions.
  • All dimensions from profit and loss must carry over into the retained earnings.
  • All future and previous periods must have an On Hold status.

Solution:

  • Configure General ledger parameters.
  • Set the Delete close of year transactions option to Yes.
  • Set the Create closing transactions during transfer option to Yes.
  • Set the Fiscal year status to permanently closed option to Yes.
  • Define the Year-end close template.
  • Designate a retained earnings main account for each legal entity.
  • Set the Financial dimensions will be used on the Opening transactions option to Yes.
  • Set the Transfer profit and loss dimensions’ option to Close All.
  • Set future Ledger periods to a status of On Hold.

Does the solution meet the goal?

A.

Yes

B.

No

Question # 2

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution. Determine whether the solution meets the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.

A customer uses Dynamics 365 Finance.

The controller notices incorrect postings to the ledger entered via journal.

The system must enforce the following:

  • Expense accounts (6000-6998) require department, division, and project with all transactions. Customer dimension is optional.
  • Revenue accounts (4000-4999) require department and division and allow project and customer dimensions.
  • Liability accounts (2000-2999) should not have any dimensions posted.
  • Expense account (6999) requires department, division, project and customer dimensions with all transactions.

You need to configure the account structure to meet the requirements.

Solution:

  • Configure two account structures: one for liability accounts listing the (2000-2999) range with no following dimensions and one for Expense and Revenue accounts.
  • For Expense accounts (6000-6998) and Revenue accounts (4000-4999), configure asterisks in all dimension columns.
  • For Expense account (6999), configure asterisks in all dimensions. Configure an asterisk and quotes in the customer dimension.

Does the solution meet the goal?

A.

Yes

B.

No

Question # 3

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

You need to create a report that contains the sales tax settlements for the state of California during the quarter that began on January 1, 2017. To validate you results, save the file in Microsoft Excel format to the Downloads\Report folder.

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

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