Posting Definitions for Transaction Types in Dynamics 365 Finance

Implementing Posting Definitions for Transaction Types

Question

You are configuring Dynamics 365 Finance.

You need to implement posting definitions for all available transaction types.

For which type of transactions can you implement posting definitions?

Answers

Explanations

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A. B. C. D.

A.

In Microsoft Dynamics 365 Finance, posting definitions are used to determine the accounts and dimensions to which transactions are posted. These definitions can be set up for different types of transactions, and the available options depend on the specific module and functionality being used.

The options listed in the question are:

A. Accounts payable, Accounts receivable, Bank, Budget, Payroll, and Purchasing B. Accounts payable, Bank, Budget, Fixed assets, and Payroll C. Accounts payable, Accounts receivable, Fixed assets, Payroll, and Purchasing D. Accounts payable, Accounts receivable, Budget, and Fixed assets.

Out of these options, the correct answer is C: Accounts payable, Accounts receivable, Fixed assets, Payroll, and Purchasing.

Accounts payable and Accounts receivable are core financial modules, and posting definitions can be set up for various transaction types within these modules, such as customer invoices, vendor invoices, payments, and receipts.

Fixed assets module deals with the management and depreciation of fixed assets. Posting definitions can be used to determine the accounts to which asset acquisition, depreciation, and disposal transactions are posted.

Payroll module is used for managing employee compensation and benefits. Posting definitions can be used to determine the accounts to which payroll transactions, such as salary payments and tax withholdings, are posted.

Purchasing module is used for procurement processes, and posting definitions can be set up for various transaction types such as purchase orders, purchase requisitions, and vendor invoices.

Budget module is not listed as an option in the correct answer, which means that posting definitions cannot be set up for budget transactions.

Option A includes Budget but excludes Fixed assets, which is incorrect.

Option B includes Fixed assets but excludes Accounts receivable and Purchasing, which is incorrect.

Option D includes Budget but excludes Fixed assets, Payroll, and Purchasing, which is also incorrect.

In summary, posting definitions can be set up for Accounts payable, Accounts receivable, Fixed assets, Payroll, and Purchasing transactions in Microsoft Dynamics 365 Finance.