The sales team at your company recently signed a contract with a customer in a new state. Since this is the first customer from that state, the controller has asked the bookkeeper to create a Ledger Posting Group for the states sales tax.The bookkeeper needs to create a main account to record the sales tax payable and sales tax settlements for the states customer.What should the bookkeeper do?
A matching discrepancy exceeds a tolerance percentage or amount. Match variance icons are displayed in the vendor invoice form.What are the three types of matching that can be performed in this scenario? Each correct answer presents a complete solution. (Choose three.)
Your company has purchased 10 new trucks for $20,000 each for the service department. The controller has determined that the trucks will be sold after 10 years with a salvage value of about 10%. The county assessor lists 7 years as the useful life of these trucks. For purposes of financial statement reporting, the company will carry these on the books for 5 years. The controller wants these tracked with other vehicles in the VEH group.You need information from the controller in order to set up accounting for these fixed assets.What information will be entered into the books for these trucks?
Company policy states that when a sales order is entered, the credit limit needs to be checked against the outstanding balance owed plus any sales order that has not been shipped, delivered, or invoiced yet.How should you configure Microsoft Dynamics 365 for Finance and Operations in this situation?
You need to set up a new Customer group for a new chain of electronic stores that will sell your product. You have been given some details about the group, and now you need to add the group.Which two pieces of information are used in the Customer group? Each correct answer presents part of the solution. (Choose two.)
A vendor sends your company an invoice that is unrelated to any purchase orders in your system.The basic details of the invoice need to be entered into the system so that the accounts payable manager can review, approve, and code the invoice to the correct main accounts.What are two possible actions the accounts payable clerk and the accounts payable manager can take to achieve this goal? Each correct answer presents a complete solution.
