You are an account manager. At the end of each month when you close an account, you are required to make the same entry with the same account numbers and currency amounts. You want to make the process quicker so that each month, you process the journal and post it with the appropriate ac-counting date. What should you create?
When generating a bank statement report, you notice entries for Received checks and
Issued checks. These entries are all unidentified. You want to identify the checks transactions simultaneously by using the bank statement report where should you define the default accounts for bank transactions of unidentified checks?
In Microsoft Dynamics AX Financial, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?
You are creating a project budget for the year and are working on the different types of projects to base the project on. Project budgets allow projections based only on which three criteria? Each correct answer presents a complete solution.
You set up a fixed asset in Microsoft Dynamics AX Financial. You select the Allow asset acquisition from purchasing fixed asset parameter. What is the initial status of the fixed asset?
You are an accounts receivable manager.
You need to generate a document that you can send to for a period.
What should you do?
Your company has decided to add five new vendors for purchasing and you are responsible for confi-guring the vendors in the new system.
You want to group vendors by some specific values that are shared across multiple vendors and you have indentified vender groups on the vendor group from, which two specific values can be defined? Each correct answer presents a complete solution.
In Microsoft Dynamics AX Financial, where do you enter a budget for a fixed asset?
Your company decides to use Microsoft Dynamics AX Financial for consolidated financial reporting instead of using Management Reporter.
You need to configure a new legal entity for the consolidated financial transactions.
What must you do to enable the subsidiary company's transactions to consolidate into the new legal entity that you are creating?
You are an accountant.
You are creating your travel expense budget for the fiscal year and want to enter the same budget amount for each month.
On the budget register entry, which option should you choose?