Microsoft Dynamics 365 Business Central Functional Consultant v1.0 (MB-800)

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Total 201 questions

The general ledger account for accounts receivable must match the sum of all balances on the customer cards.
You need to set up the general ledger account card for accounts receivable to meet this requirement.
What should you do?

  • A. Configure the account type.
  • B. Block the account.
  • C. Configure totaling.
  • D. Disallow direct posting.


Answer : D

HOTSPOT -
A company uses Dynamics 365 Business Central.
The company wants to automate sales credit memo processing.
You need to configure the system to meet the requirements.
What should you do? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:



Answer :

DRAG DROP -
You are implementing Dynamics 365 Business Central. The accounting manager of the company provides you with the chart of accounts.
You need to set up specific posting groups according to the chart of accounts.
Which setup should you use? To answer, drag the appropriate setup to the correct action. Each setup 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.
Select and Place:



Answer :

Reference:
https://docs.microsoft.com/en-us/learn/modules/posting-groups-dynamics-365-business-central/1-set-up

You copy a General Posting Setup from an instance of Dynamics 365 Business Central.
You must configure the General Posting Setup. You assign a category and subcategory to each account.
You need to complete the configuration as efficiently as possible.
What are three ways to complete the configuration? Each correct answer presents a complete solution.
NOTE: Each correct selection is worth one point.

  • A. Use the Copy action to create a new General Posting Setup Card
  • B. Import a configuration package that contains the General Posting Setup
  • C. Use the Suggest Accounts action to create all possible posting setup combinations
  • D. Create a new General Posting Setup Card, and then use the Suggest Accounts action
  • E. Create a new General Posting Setup Card, and then use the Copy action


Answer : BDE

Reference:
https://docs.microsoft.com/en-us/learn/modules/posting-groups-dynamics-365-business-central/4-configure

HOTSPOT -
A company is implementing Dynamics 365 Business Central.
The accountant must be able to report discounts received on purchased items separately from costs.
You need to configure the system to meet the requirement.
How should you configure the system? To answer, select the appropriate configurations in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:



Answer :

Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/purchasing-how-record-purchase-price-discount-payment-agreements

A company is implementing Dynamics 365 Business Central.
The company needs to post monthly general journal batches for purchase expenses incurred throughout the month. The posted entries must have unique, incremental document numbers. The numbers must increment by one and be sequential.
You need to configure the system to meet the requirements.
Which three actions should you perform in sequence? Each correct answer presents part of the solution.

  • A. Create a Template Batch with Posting No. Series.
  • B. Create the No. Series.
  • C. Configure a General Journal with Purchase Reason Code.
  • D. Configure a General Journal Template with Purchase Type.
  • E. Create a Template Batch with No. Series.


Answer : BCE

DRAG DROP -
An accountant discovers inconsistencies between financial statements and balances in the chart of accounts.
You suspect that the discrepancies might be a result of missing categories and subcategories.
You need to ensure that the financial statements match the chart of accounts.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.
Select and Place:



Answer :

Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-general-ledger

DRAG DROP -
You set up a new company for a customer. The customer provides you with the chart of accounts and the preferred grouping of items, vendors, and customers.
You must ensure that item posting corresponds with the grouping preferences and chart of accounts for the customer.
You need to create the posting groups and setup.
Which type of posting groups should you create? To answer, drag the appropriate posting group types to the correct entities. Each posting group type 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.
Select and Place:



Answer :

Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/finance-posting-groups

HOTSPOT -
You are implementing Dynamics 365 Business Central.
You are creating an expense account for office supplies in the chart of accounts. The account may be used for purchase invoice transactions as well as general journal transactions.
You need to configure the remaining options for the account.
Which values should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:



Answer :

HOTSPOT -
You are implementing Dynamics 365 Business Central for a customer. The local currency code (LCY) for the company is set to US dollars ($).
The customer plans to set up a bank account. The customer provides the following information for the account:

Account number -

✑ Name
✑ Address
✑ Bank account posting group
The account must meet the following requirements:
✑ Use US dollars.
✑ Use 9075 as the number of the next bank account statement for reconciliation in Business Central.
You need to set up the account for the customer.
Which values should you use? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:



Answer :

Reference:
https://docs.microsoft.com/en-gb/dynamics365/business-central/bank-how-reconcile-bank-accounts-separately

You are setting up Dynamics 365 Business Central.
You need to define the Direct Cost Applied account.
Where should you define the accounts for Direct Cost Applied?

  • A. Item Cards
  • B. Inventory Posting Setup
  • C. General Posting Setups
  • D. Vendor Posting Groups


Answer : C

A company plans to verify that purchase invoices use agreed-upon prices and discounts.
The company is configuring settings on a vendor card. The company receives a validation error when creating a purchase order for the vendor.
You need to find out which setting is causing the validation error.
Which configuration option on the vendor card must you populate?

  • A. Order address
  • B. Location code
  • C. Vendor Template
  • D. Purchase Prices
  • E. Vendor Posting Group


Answer : E

Reference:
https://usedynamics.com/business-central/purchase/creating-vendors/

DRAG DROP -
You are setting up the general journals and batches for an accounting department.
The accounting department has multiple users who will work simultaneously within different general journals.
You need to set up the different journal templates and batches for each user according to the company's requirements.
Which options should you use? To answer, drag the appropriate options to the correct requirements. Each option 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.
Select and Place:



Answer :

Reference:
https://docs.microsoft.com/en-us/learn/modules/general-journal-templates-dynamics-365-business-central/1-templates https://docs.microsoft.com/en-us/learn/modules/general-journal-templates-dynamics-365-business-central/2-batches

DRAG DROP -
A company uses Dynamics 365 Business Central.
You need to configure payment terms with the correct due date calculation formula.
What should you do? To answer, drag the appropriate values to the correct requirements. Each value 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.
Select and Place:



Answer :

Reference:
https://docs.microsoft.com/en-us/dynamics365/business-central/ui-enter-date-ranges

A company uses Dynamics 365 Business Central for their receivables.
The company wants to mark any automatically matched payments to open invoices as not requiring a review if they match the highest degree of confidence that the two transactions are a match.
You need to configure payment matching rules.
Which three criteria should you configure? Each correct answer presents part of the solution.
NOTE: Each correct selection is worth one point.

  • A. Statement amount
  • B. Account number
  • C. Related-party fields
  • D. Transaction date
  • E. Transaction text


Answer : ACE

Reference:
https://docs.microsoft.com/en-us/dynamics365/business-central/receivables-how-set-up-payment-application-rules

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Total 201 questions