You are a Dynamics 365 Finance expert for an organization. You need to configure the Financial period close workspace. Which three configuration processes should you use? Each correct answer…

The correct answer is A. Create templates that contain the required tasks within the closing process and assign to closing D. Create task areas and descriptions. E. Designate resources and their scope based on closing roles. See menu: General ledger > Period close > Financial period close configuration This page has the following tabs: - Closing schedule - Templates (the template defines the tasks to be done during the closing process) - Calendars (these are not the ledger calendars! - defines only…

Set up and configure financial management

Question

You are a Dynamics 365 Finance expert for an organization. You need to configure the Financial period close workspace. Which three configuration processes should you use? Each correct answer presents a part of the solution. NOTE: Each correct selection is worth one point,

Options

ACreate templates that contain the required tasks within the closing process and assign to closing
BCreate a separate closing schedule for every legal entity.
CAssign a ledger calendar to the closing process.
DCreate task areas and descriptions.
EDesignate resources and their scope based on closing roles.

How the community answered

(32 responses)

A
81% (26)
B
13% (4)
C
6% (2)

Explanation

See menu: General ledger > Period close > Financial period close configuration This page has the following tabs: - Closing schedule - Templates (the template defines the tasks to be done during the closing process) - Calendars (these are not the ledger calendars! - defines only start and enddate together with specifications which weekdays) are valid - Task areas (containing task id(s) and description) - Resources (Employees linked to closing roles) What misleads is the fact the ledger calendars are found in the menu 'General Ledger > Period https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/financial-period-close-

Topics

#financial period close#closing templates#closing roles#workspace configuration

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