Your company decides to use Microsoft Dynamics AX Financial for consolidated financial reporting instead of using Management Reporter.
You need to configure a new legal entity for the consolidated financial transactions.
What must you do to enable the subsidiary company's transactions to consolidate into the new legal entity that you are creating?
A. Enable the "Use for financial consolidation process" check box in both the consolidated and subsidiary companies.You are the director of finance.
You are starting to create budgets for the fiscal year and want to generate budget plans from prior year expenses. However, this year, you know your expenses will be more than last.
Which field should you set in the generate budget plan from the general ledger form to account for this increase in budget?
A. MinimumYou need to analyze the maturity of customer accounts and vendor accounts, based on a date that you enter. The date entered, together with the Unit and Interval information defined, will be used to calculate and view the transactions. What should you do?
A. Set up Aging period definition.Which of the following statements about value models for fixed assets in Microsoft Dynamics AX Financial is true?
A. Value models are a subset of the value of a fixed asset.You are creating a budget register entry. You notice that a manual budget reservation will exceed the budget. What should you do within the budget register entry to satisfy the over-budget condition?
A. enter recurrenceIn Microsoft Dynamics AX Financial, you generate a fixed assets acquisition transaction directly from a purchase order invoice. Where will the associated General Ledger postings be made?
A. To only the Fixed asset issue account.You need all budget transfers to use a workflow except the specific members of the budget transfer rules. When creating a budget transfer rule, what information is used to define when transfers are allowed?
A. the dimensions on the transferYour company needs to reuse a check number in case a check was printed incorrectly or the check stock was not used. You need to allow reuse of the check number. Where do you define this action?
A. in the Vendors area of the Accounts payable parameters setup formYour company is using basic budgeting and is planning to configure budget control.
You need to identify the additional configuration that is needed.
Which three components will already be configured as s part of the basic Budgeting setup? Each correct answer presents part of the solution.
A. budget modelsIn Microsoft Dynamics AX Financial, which transaction type can be used for fixed asset disposal?
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