Implementing Posting Definitions for Unique Accounting Needs | Microsoft Dynamics 365 Finance Functional Consultant Exam

When to Implement Posting Definitions

Question

A client has unique accounting needs that sometimes require posting definitions.

You need to implement posting definitions.

In which situation should you implement posting definitions?

Answers

Explanations

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A. B. C. D.

D.

Posting definitions in Microsoft Dynamics 365 Finance refer to a feature that allows for the customization of how transactions are posted to the general ledger. Posting definitions enable users to control how transactions are recorded in the accounting system by defining specific rules for the posting of transactions based on various criteria.

Option A, when financial dimensions need to default from the vendor record onto an invoice, is not a situation where posting definitions should be implemented. In this scenario, a default dimension can be set up on the vendor record to automatically populate the dimension on the invoice.

Option B, when only certain dimensions are allowed to post with certain main account combinations, is a situation where posting definitions should be implemented. Posting definitions can be configured to allow only certain combinations of main accounts and dimensions to be used in transactions, ensuring that the correct accounting rules are applied consistently.

Option C, when creating multiple balanced ledger entries based on transaction types or accounts, is another situation where posting definitions should be implemented. Posting definitions can be used to define specific rules for how transactions are recorded in the general ledger, including the creation of multiple entries to ensure that the ledger remains balanced.

Option D, when the system needs to automatically post a transaction to the accounts receivable account on invoice posting, is not a situation where posting definitions should be implemented. This functionality can be achieved using other features such as automatic transactions or default accounts.

In summary, posting definitions should be implemented when there is a need to control how transactions are recorded in the general ledger based on specific criteria such as main accounts, financial dimensions, or transaction types.