Invoice Matching Policies for Microsoft Dynamics 365 Finance | Vendor1 - Item1

Invoice Matching Policy Determination

Question

Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.

Invoice matching validation has been configured.Multiple matching policies have been applied at different matching policy levels.

When viewing the configuration, you discover that an item named Item1 supplied by a vendor named Vendor1 is affected by multiple matching policies applied at different levels.

You need to determine which matching policy will be applied.

Which of the following statements is true?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

D.

In the Microsoft Dynamics 365 Finance system, invoice matching validation is configured to ensure that incoming invoices match with their corresponding purchase orders or receipts before they are posted. Matching policies can be applied at different levels in the system, including the item level, vendor level, and legal entity level.

In this scenario, it is stated that an item named Item1 supplied by Vendor1 is affected by multiple matching policies applied at different levels. The question is asking which matching policy will be applied in this situation.

To answer this question, it's important to understand how matching policies work in Dynamics 365 Finance. When an invoice is processed, the system first checks if there is a matching policy applied at the item level for the corresponding item on the invoice. If there is no matching policy applied at the item level, the system then checks if there is a matching policy applied at the vendor level for the corresponding vendor on the invoice. Finally, if there is still no matching policy applied at either the item or vendor level, the system checks if there is a matching policy applied at the legal entity level.

Given this information, we can eliminate options B and C as incorrect. The matching policy applied at the vendor level (option B) will only apply if there is no matching policy applied at the item level. In this scenario, it is stated that there are multiple matching policies applied at different levels for the same item, so we can assume that there is a matching policy applied at the item level. Similarly, the matching policy applied at the legal entity level (option C) will only apply if there are no matching policies applied at either the item or vendor level, which is not the case here.

This leaves us with options A and D. Option A states that the matching policy applied at the item level will apply, while option D states that the matching policy applied at both the item and vendor level will apply.

To determine which option is correct, we need to understand how matching policies are prioritized when multiple policies are applied at different levels. In Dynamics 365 Finance, if there are multiple matching policies applied at different levels for the same item or vendor, the system will use the matching policy with the highest priority. Matching policies can be assigned a priority value, with the policy with the highest priority taking precedence over lower-priority policies.

Based on this information, we can conclude that option D is the correct answer. If an item is affected by multiple matching policies applied at different levels, the system will use the matching policy with the highest priority. In this case, the matching policy applied at both the item and vendor level will take precedence over the matching policy applied at the item level alone.