Configuring Collaboration and Progress Tracking for Month-End Close Across Legal Entities in Dynamics 365 Finance

D.

To resolve the issue of being unable to collaborate or track progress towards month-end close across legal entities in the current system, you should configure the Financial period close workspace.

The Financial period close workspace in Dynamics 365 Finance enables you to efficiently manage and streamline the financial period close process across multiple legal entities. With the Financial period close workspace, you can perform period close tasks, track progress, and collaborate with team members across legal entities.

The workspace provides a centralized location to manage all tasks related to period close, including creating and maintaining closing schedules, identifying tasks to be completed, assigning tasks to team members, and tracking progress towards completion. It also provides an overview of the status of period close tasks across legal entities, enabling you to quickly identify any issues that may arise.

In contrast, Financial reporting provides the ability to create and analyze financial reports across legal entities, but it does not specifically address the collaboration or progress tracking needs of the period close process. Similarly, Electronic reporting enables the creation and management of electronic formats for financial reporting but does not address collaboration or progress tracking.

The Financial insights workspace provides a dashboard view of financial data and KPIs, which can be useful for monitoring financial performance, but it does not specifically address the issue of collaborating and tracking progress towards month-end close across legal entities.

Therefore, the correct answer to the question is D. Financial period close workspace.