Trial Balance Report Parameters | Configuring Options for Dynamics 365 Finance

Configuring Trial Balance Report Parameters for Dynamics 365 Finance

Question

A client uses the standard trial balance in Dynamics 365 Finance.

The client has the following requirements: -> ability to run the trial balance by main account, department, and division -> ability to run the trial balance by just main account and department You need to ensure that these options are visible in the trial balance report parameters.

What should you configure?

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

C.

The correct answer for this question is C. financial dimension sets.

In Dynamics 365 Finance, financial dimensions are used to classify financial transactions and to provide more detail in financial reporting. Financial dimensions can be used to track information such as department, cost center, project, or location.

To meet the client's requirements, we need to configure financial dimension sets. Financial dimension sets allow us to define the combination of financial dimensions that can be used for a particular transaction or financial report.

To enable the client to run the trial balance by main account, department, and division, we need to configure a financial dimension set that includes all three dimensions. This will allow the user to select all three dimensions when running the trial balance report.

To enable the client to run the trial balance by just main account and department, we need to configure another financial dimension set that includes only the main account and department dimensions. This will allow the user to select only these two dimensions when running the trial balance report.

Configuring financial dimension sets in Dynamics 365 Finance is typically done by a system administrator or a functional consultant with experience in financial reporting and dimension configuration.

Therefore, the correct answer for this question is C. financial dimension sets.