Microsoft Dynamics 365 Finance — Question 54

A customer uses bank reconciliation functionality in Dynamics 365 Finance.

The customer finds a transaction in a closed fiscal period that must be corrected.

You need to correct the transaction.

How should you make this correction?

Answer options

• A. Use the Correction amount field.
• B. Open the fiscal pend.
• C. Create a new line for the transaction in the closed period.
• D. Create a new line for the transaction in an open period.

Correct answer: D

Explanation

The correct approach is to create a new line for the transaction in an open period, as it allows the correction to be recorded without altering closed fiscal periods. The other options either attempt to correct an already closed period directly or do not address the need for a valid adjustment in compliance with accounting standards.