Question 20 of 150 from exam MB-310: Microsoft Dynamics 365 Finance Functional Consultant

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Question

DRAG DROP - A retail company has outlets in multiple locations.

Taxes vary depending on the location.

You need to configure the various components of the tax framework.

In which order should you perform the actions? To answer, move all actions from the list of actions to the answer area and arrange them in the correct order.

Select and Place:

$Actions ‘Set up main accounts and ledger posting \groups for sales tax Set up sales tax parameters on the application parameter pages Set up sales tax groups and item sales tax groups ‘Set up sales tax authorities and sales tax settlement periods ‘Set up sales tax codes GO Answer Area$

Show Answer

Explanations

Actions Answer Area

‘Set up main accounts and ledger posting ‘Set up main accounts and ledger posting
groups for sales tax groups for sales tax
Set up sales tax parameters on the Set up sales tax authorities and sales tax

application parameter pages settlement periods

Set up sales tax groups and item sales tax
groups

Set up sales tax codes

GO

‘Set up sales tax authorities and sales tax Set up sales tax groups and item sales tax
settlement periods groups

[Set up sales tax codes Set up sales tax parameters on the
application parameter pages

References: https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/indirect-taxes-overview.

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