Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.
The company has eight departments across three divisions.
You need to be able to run the trial balance in the following ways: By main account, division, department and cost center.
By main account, division and department.
By main account and division.
You configure financial dimensions for division, department and cost center.
What should you do next?
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A. B. C. D.A.
As a Systems Administrator, you are responsible for managing the Microsoft Dynamics 365 Finance system for your company. In order to run the trial balance in different ways, you will need to configure financial dimensions for division, department, and cost center.
A financial dimension is a classification or attribute that can be used to categorize and track financial transactions. In this case, the financial dimensions are division, department, and cost center.
To meet the requirements of running the trial balance by main account, division, department, and cost center, as well as by main account, division, and department, and by main account and division, you will need to configure one financial dimension set.
A financial dimension set is a group of financial dimensions that are used together to categorize financial transactions. In this case, you will need to create a financial dimension set that includes the division, department, and cost center dimensions.
By using one financial dimension set that includes all three dimensions, you can easily run the trial balance in different ways without having to configure multiple account structures or financial dimension sets. This will make it easier to manage and maintain the system, and reduce the likelihood of errors or inconsistencies in financial reporting.
Therefore, the correct answer is B. Configure one financial dimension set.