Microsoft Dynamics 365 Fundamentals (ERP) — Question 89

A company uses Dynamics 365 Finance.

You need to explain the settlement process.

Which two statements describe the capabilities of the Cash and bank management module? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Answer options

• A. Settlement can occur between any transaction types that affect the vendor balance or customer balance.
• B. Payments are only settled after they are posted.
• C. Payments can be settled against a transaction in the same legal entity only.
• D. Settlement occurs for the customer and vendor invoices and their payments.

Correct answer: B, D

Explanation

The correct answers, B and D, highlight that payments are only finalized after being posted and that settlements are specifically for invoices and their associated payments. Options A and C are incorrect because settlements can involve various transaction types and are not limited to the same legal entity.