Microsoft Dynamics 365 Finance — Question 93

A company uses Dynamics 365 Finance. The company accepts customer payments in installments.

You must configure the number of installments, the amount of each installment, and a due date of each installment for a payment schedule to determine the revenue allocation for each month. You must provide the total revenue amounts allocated over a period for a specific payment.

You need to configure the system to allocate the total outstanding amount of an invoice.

What should you configure?

Answer options

• A. Terms of payment.
• B. Payment days.
• C. A payment schedule with a method of allocation set to Fixed amount.
• D. A payment schedule with a method of allocation set to Total.

Correct answer: D

Explanation

The correct answer is D because configuring a payment schedule with the allocation method set to Total ensures that the entire outstanding invoice amount is allocated properly over the specified period. Option A addresses payment terms, which do not impact allocation, while B concerns payment timing rather than revenue distribution. Option C, while related, uses Fixed amount allocation, which does not fully address the requirement to allocate the total outstanding amount.