Microsoft Dynamics 365 Finance — Question 110

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.

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A company operates in multiple currencies. The company is setting up currency revaluation posting profiles for General ledger, Accounts payable, Bank and Accounts receivable.

The company requires currency revaluation posting profiles to post unrealized and realized gains or losses to the correct accounts for applicable currencies.

You need to configure the currency revaluation posting profiles.

Solution:
• Configure realized gains posting profiles for a specific main account and unrealized gains for all main accounts.
• Configure realized and unrealized gains or losses for all vendors.
• Configure unrealized and realized gains or losses posting profiles for all customers.
• Configure realized and unrealized gains or losses posting profiles for each bank account.

Does the solution meet the goal?

Answer options

• A. Yes
• B. No

Correct answer: B

Explanation

The solution does not meet the goal because it lacks specific configurations for unrealized and realized gains or losses for all main accounts, which is necessary to ensure accurate postings for the currencies involved. While it addresses vendors and customers, it fails to comprehensively cover all the required accounts as stated in the scenario.