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Microsoft

MB-310 · Question #215

A cable and internet company implements Dynamics 365 Finance. The primary line of business for the company is internet services. The company also sells routers and modems to customers for an…

The correct answer is B. Configure the internet service as essential. Essential - The item is a primary source of an organization's revenue. This value is the default Nonessential - The item isn't a primary source of an organization's revenue. When the median price settings are used, the price is 'carved out' to the median price and then…

Implement accounts receivable, credit, collections, and subscription billing

Question

A cable and internet company implements Dynamics 365 Finance. The primary line of business for the company is internet services. The company also sells routers and modems to customers for an additional one-time cost. You need to configure revenue recognition. What should you configure?

Options

  • ACreate a revenue schedule for the internet service, router, and modem.
  • BConfigure the internet service as essential.
  • CConfigure the internet service, router, and modem as essential.
  • DCreate the router and modem sales to post to deferred revenue.

How the community answered

(42 responses)
  • A
    14% (6)
  • B
    55% (23)
  • C
    24% (10)
  • D
    7% (3)

Explanation

Essential - The item is a primary source of an organization's revenue. This value is the default Nonessential - The item isn't a primary source of an organization's revenue. When the median price settings are used, the price is 'carved out' to the median price and then allocated. https://docs.microsoft.com/en-us/dynamics365/finance/accounts-receivable/revenue-recognition-

Topics

#revenue recognition#essential revenue type#subscription billing#bundle configuration

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