Microsoft Dynamics 365 Finance — Question 100

A company uses Dynamics 365 Finance for their accounts payable processing.

One vendor offers a special installment term which allows the company to invoice with three equal installment payments. The first payment is due 60 days after the invoice date. The second payment is due 90 days after the invoice date. The last payment is due 120 days after the invoice date. The company pays their invoice on the due date to take advantage of the terms.

You need to configure the terms of payment and payment schedule for the vendor master record.

How should you configure and assign the vendor master record?

Answer options

• A. Net0 or due on invoice date term of payment and a 60-90-120 payment schedule
• B. Net90 term of payment and a 30-60-90 payment schedule
• C. Net60 term of payment and a 30-60-90 payment schedule
• D. Net120 term of payment and a 60-90-120 payment schedule

Correct answer: D

Explanation

The correct answer is D because the payment schedule needs to align with the installment terms offered by the vendor, which are 60, 90, and 120 days after the invoice date. Options A, B, and C do not correctly reflect the payment terms or schedule required for this specific installment agreement.