Microsoft Dynamics 365 Finance — Question 117

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 currency revaluation posting profiles for General ledger for each applicable main account for each currency.
• Select unrealized gain and loss accounts for all currencies.
• Configure realized gains and losses posting for all vendors.
• Configure realized gains and losses posting for each customer group.

Does the solution meet the goal?

Answer options

• A. Yes
• B. No

Correct answer: A

Explanation

The solution is correct as it outlines the necessary steps to properly configure the currency revaluation posting profiles, ensuring that unrealized and realized gains or losses are posted to the appropriate accounts for all applicable currencies. By addressing the posting needs for the General ledger, vendors, and customer groups, the solution meets the company's requirements comprehensively. The other option, 'No', is incorrect because it suggests that the solution is inadequate, which it is not.