DRAG DROP (Drag and Drop is not supported)You have implemented Dynamics 365 Finance.You must implement interest fees to encourage customers to pay on time.You need to configure interest fees.Which functionality should be configured? To answer, drag the appropriate functionality to the correct scenario. Each functionality 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(s): A
Box 1: Credit noteYou use the Create credit note page to prepare a credit note for a customer when the customer returns items that have been ordered and received. A credit note is an invoice with a negative amount.Box 2: Interest note.An interest note is a business document that informs customers when interest or fees have been charged to their account.When you waive or reverse interest or fees, a credit note or adjustment invoice is automatically created to settle the charges.
https://docs.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/prepare-a-credit-note https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/waive-reinstate-reverse-interest- fees
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 managing credit and collections.You need to set up mandatory credit limits for all customer documents.Solution: Define a credit limit for each customer and select the Mandatory credit limit check box on the Customers form.Does the solution meet the goal?
Answer(s): B
Instead: Solution: Select the Balance + All credit type in the Accounts receivable parameters form.Select the Mandatory credit limit check box in the Customers form.Note:Select from the following options:None Do not check credit limits. You can override this option for a specific customer by selecting the Mandatory credit limit check box in the Customers form. If you do this, the credit limit is checked against the customer balance.Balance The credit limit is checked against the customer balance.Balance + packing slip or product receipt The credit limit is checked against the customer balance and deliveries.Balance + All The credit limit is checked against the customer balance, deliveries, and open orders.
https://docs.microsoft.com/en
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 managing credit and collections.You need to set up mandatory credit limits for all customer documents.Solution: Select the Balance + packing slip credit type in the Accounts receivable parameters form. Select the Mandatory credit limit check box in the Customers form.Does the solution meet the goal?
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 managing credit and collections.You need to set up mandatory credit limits for all customer documents.Solution: Select the Balance + All credit type in the Accounts receivable parameters form. Select the Mandatory credit limit check box in the Customers form.Does the solution meet the goal?
Select from the following options:None Do not check credit limits. You can override this option for a specific customer by selecting the Mandatory credit limit check box in the Customers form. If you do this, the credit limit is checked against the customer balance.Balance The credit limit is checked against the customer balance.Balance + packing slip or product receipt The credit limit is checked against the customer balance and deliveries.Balance + All The credit limit is checked against the customer balance, deliveries, and open orders.
https://docs.microsoft.com/en-us/dynamics365/supply-chain/sales-marketing/credit-limits- customers
HOTSPOT (Drag and Drop is not supported)You are implementing Dynamics 365 Finance.The company charges a convenience cost of $15 for payments received from customers as an electronic fund transfer (EFT). The company also charges 10 percent interest on invoices that are not paid within the 30-day net terms.You need to configure the system.Which option should you configure? To answer, select the appropriate options in the answer area.Note: Each correct selection is worth one point.Hot Area:
Box 1: Payment feeYou can define vendor payment fees.Box 2: InterestYou can use different interest rates for different periods for delayed payments in trade transactions. For each finance charge term code, you can specify multiple interest rates so that you can calculate finance charges with multiple interest rates for a specific period. This is helpful if you charge different interest on payments that are late. The interest calculation is the same for each financial charge, with variation only in the rate of interest for a specific period.
https://docs.microsoft.com/en-us/dynamics365/finance/accounts-payable/tasks/define-vendor- payment-fees https://docs.microsoft.com/en-us/dynamics365/business-central/finance-how-to-set-up-multiple-interest-rates
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