You are a finance consultant. Your client needs you to configure cash flow forecasting.
The client wants specific percentages of main accounts to contribute to different cash flow forecasts for other
main accounts.
You need to configure Dynamics 365 for Finance to meet the needs of the client.
What should you do?
Suggested Answer: A
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32 comments · newest first
BA
Barabara
11 months ago
Not sure about C, seems like it complicates things too much.
VE
Vesta
11 months ago
Totally agree with A, it's the simplest way to go!
CA
Cary
12 months ago
D sounds right, but can you really specify percentages that easily?
CH
Cherry
12 months ago
I think B is better for a clear structure with parent/child accounts.
PE
Pearlene
1 year ago
Option A seems straightforward for setting percentages.
EU
Eun
1 year ago
Option D seems to align with what we learned about dependent accounts, but I can't recall if it specifically mentioned percentages.
JU
Junita
1 year ago
I’m a bit confused about option C; I thought we needed to set up the cash flow forecasting first before dealing with vendor profiles.
RE
Refugia
1 year ago
I feel like option B might be the right choice since it talks about parent/child relationships, which we discussed in class.
MI
Miss
1 year ago
I remember we practiced configuring cash flow forecasts, and I think option A sounds familiar, but I'm not entirely sure if it covers all the requirements.
ES
Estrella
1 year ago
This seems like a straightforward question about the benefits of a phased rollout approach. I'm confident I can identify the correct answer.
YU
Yun
1 year ago
Hmm, I'm a bit confused about the "backup admin server" concept. I'll need to review my WebLogic administration notes to make sure I understand the proper way to set up and use a backup admin server.
LE
Leanora
1 year ago
Option B? Really? Configuring parent/child relationships for main accounts and subaccounts? That's overkill, isn't it? I'll stick with D, the easiest path to cash flow nirvana.
MA
Mariann
1 year ago
I'm going with D. Configuring the dependent accounts setup sounds like the most straightforward way to get the client's desired cash flow forecasts.
HO
Hobert
1 year ago
I'm going with D. Configuring the dependent accounts setup sounds like the most straightforward way to get the client's desired cash flow forecasts.
LE
Lewis
1 year ago
D) On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify which account and percentage is associated to the main account.
JA
Janey
1 year ago
C) Configure the cash flow forecasting setup for Accounts Payable before you configure vendor posting profiles.
AL
Alberta
1 year ago
B) Configure the parent/child relationship for the main account and subaccounts by using appropriate percentages.
IN
Ines
1 year ago
A) On the Cash flow forecasting setup form, configure the primary main account to assign a percentage to the dependent account.
SH
Shawnna
1 year ago
Hah, I bet the client is just trying to mess with the consultant. 'Specific percentages of main accounts?' What is this, a cash flow algebra exam?
MA
Mariko
1 year ago
D) On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify which account and percentage is associated to the main account.
MA
Maricela
1 year ago
D) On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify which account and percentage is associated to the main account.
PH
Phillip
1 year ago
B) Configure the parent/child relationship for the main account and subaccounts by using appropriate percentages.
JE
Jennifer
1 year ago
A) On the Cash flow forecasting setup form, configure the primary main account to assign a percentage to the dependent account.
MA
Margarett
1 year ago
B) Configure the parent/child relationship for the main account and subaccounts by using appropriate percentages.
NI
Nichelle
1 year ago
A) On the Cash flow forecasting setup form, configure the primary main account to assign a percentage to the dependent account.
WI
Willis
1 year ago
D) On the Cash flow forecasting setup form, use the Dependent Accounts setup to specify which account and percentage is associated to the main account.
LA
Laura
1 year ago
B) Configure the parent/child relationship for the main account and subaccounts by using appropriate percentages.
GA
Gail
1 year ago
A) On the Cash flow forecasting setup form, configure the primary main account to assign a percentage to the dependent account.
RE
Reuben
1 year ago
Option D seems like the way to go. I mean, why would I configure the Accounts Payable before the vendor posting profiles? Seems like a backward approach to me.
NO
Novella
2 years ago
I'm not sure, but maybe we should also consider using the Dependent Accounts setup to specify the associated account and percentage.
DO
Dona
2 years ago
I agree with Nickolas. That option seems like the most direct way to meet the client's needs.
NI
Nickolas
2 years ago
I think we should configure the primary main account to assign a percentage to the dependent account.