Financial Closing Process Progress
Question
A company uses a Microsoft Dynamics 365 Finance.Your role of Systems Administrator includes the management of the Microsoft Dynamics 365 Finance system.
The Financial Director wants a way to view the progress of financial closing processes.The solution must provide the ability to view tasks that are past due, remaining tasks for today, tasks that are due today but are blocked because of dependencies, and all remaining tasks for the process.
Which of the following should you configure?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.B.
The most appropriate option for the Financial Director's requirement would be to configure the Financial Period Close Workspace.
The Financial Period Close Workspace is a tool within Microsoft Dynamics 365 Finance that provides a centralized location for users to view and manage the financial close process. The workspace provides a summary of the progress of the financial close process, including tasks that are past due, remaining tasks for today, tasks that are due today but are blocked because of dependencies, and all remaining tasks for the process.
With the Financial Period Close Workspace, users can view the status of each task in the financial close process, including who is responsible for completing the task, the due date, and any dependencies that may be blocking the task. The workspace also provides a visual representation of the progress of the process, including a pie chart that shows the percentage of tasks that have been completed.
Additionally, the Financial Period Close Workspace includes features that allow users to manage and track the financial close process. Users can create and assign tasks, set due dates, and track progress. The workspace also includes a task board that provides a visual representation of the status of each task in the process, allowing users to easily identify tasks that are behind schedule or blocked by dependencies.
In conclusion, the Financial Period Close Workspace is the most appropriate option for providing the Financial Director with a way to view the progress of financial closing processes, as it provides a centralized location for viewing and managing the financial close process, including tasks that are past due, remaining tasks for today, tasks that are due today but are blocked because of dependencies, and all remaining tasks for the process.
