Microsoft Dynamics AX Financial v9.0 (MB6-893)

In Microsoft Dynamics AX Financial, which fixed asset transaction can you process in the
Free text invoice form?

You are implementing fixed assets for your company. Your company buys a machine for
100.000 USD and recognizes 10,000 USD of depreciation per year over the following ten years. At that time, the machine is not only fully depreciated, but the company is eliminating the machine without receiving any payment in return.
What are two available methods to eliminate a fixed asset? Each correct answer presents a complete solution.

The finance department of a company is analyzing which budgeting methodology it wants to use for the next fiscal year.
The department has narrowed the options down to historical budgeting and zero-based budgeting.
Which advantage does a historical budgeting methodology provide over a zero-based budgeting methodology?

Your company has acquired an additional company and wants any differences from the consolidation to be posted to the profit and loss account.
What should you configure to achieve this goal?

You are creating budget plans for the next fiscal period.
You need to add budget amounts, such as salary and benefits, into the budget plan lines for an employee.
Which method of generating a budget plan should you use?

O: 26 -
Your bank requires that you send prenotes (zero dollar transactions) to the bank to verify data.
You need to set up the cash and back management module to allow the creation of prenotes.
Which two actions should you perform? Each correct answer presents part of the solution.

You are an accounts receivable manager.
You need to generate a document that you can send to for a period.
What should you do?

You need to consolidate multiple subsidiary company transactions into the consolidation company in Microsoft Dynamics AX Financial.
You need to modify the financial dimensions at the time of consolidation, such as including the originating company code on each transaction.
When performing a consolidation in Dynamics AX, which three specifications can be selected for each dimension? Each correct answer presents a complete solution.

You are an accounting manager, your company has a new customer, A ledger account must be set up to record the sales tax liability and payments made to the taxing authority in the customers specific region automatically. Which two account groups should you choose for these ledger accounts? Each correct answer presents part of the solution.

You are an accounts payable manager.
you receive a rent invoice from a vendor for the next quarter. The total amount of the invoice is 300 USD. If you directly enter the amount, all of the charges will be allocated for the same period. However, you want to post the invoice in each appropriate period.
What should you create?

You need to automatically create a fixed asset from a purchase order when an invoice is posted. In Microsoft Dynamics AX Financial, which of the following actions should you perform?

You are the credit and collections manager at your company.
You set up an aging period definition based on your company's standard collections terms of 0, 90, and 180 days. Earlier this week, you had a telephone call with the customer about the invoices on their account that are overdue. During the call, the customer promised to pay the dues.
Which three actions should you perform to manage the collection process in the system?
Each correct answer presents part of the solution.

You need all budget transfers to use a workflow except the specific members of the budget transfer rules.
When creating a budget transfer rule, what information is used to define when transfers are allowed?

You are an accounts payable manager.
Your company buys office supplies from an out-of-state vendor. The vendor charges
100.00 USD for the supplies and no tax. The company may still owe taxes to the sales tax authority in its own state.
You need to define the ledger account to manage these transactions.
Which account group should you choose?

You are an accounts receivable manager.
Your company instituted a two-level collection letter plan for a customer. The result was not as effective as your company had anticipated. Now you need to institute a plan that charges the overdue customer with a high-interest premium on the amount due.
What should you do?