Microsoft Dynamics 365 Commerce Functional Consultant — Question 7
Your role of Systems Administrator includes the management of your company's Microsoft Dynamics 365 Finance system.
You need to configure posting definitions and posting profiles. You need to determine under which circumstance you should configure a posting definition or a posting profile.
Which two of the following statements are true? (Choose two).
Answer options
- A. You should use posting definitions when you need to support encumbrance accounting for purchase orders and pre-encumbrance accounting for purchase requisitions.
- B. You should use posting profiles when you need to support encumbrance accounting for purchase orders and pre-encumbrance accounting for purchase requisitions.
- C. You should use posting definitions when you need to generate multiple, balanced ledger entries based on attributes such as transaction types and accounts.
- D. You should use posting definitions when you need only one offset ledger entry.
Correct answer: A, C
Explanation
Answer A is correct because posting definitions are specifically designed to support encumbrance and pre-encumbrance accounting for purchase orders and requisitions. Answer C is also correct as posting definitions are used to create multiple balanced entries based on various transaction attributes. Answers B and D are incorrect; B misattributes the function of posting profiles which do not cater to encumbrance accounting, while D underplays the capability of posting definitions which can handle more complex scenarios.