A client is using the budget planning process in Dynamics 365 Finance. Your client requires the ability to plan for a one-year, three-year, and five year-budget. You need to configure the various…

The correct answer is C. Configure budget cycles. Budget cycle time span After basic budgeting is configured, you can define the time, or the starting and ending periods, for budgeting and budget control on the Budget cycle time span page. Budget cycles often correspond to fiscal calendars but can span fiscal years…

Manage budgeting

Question

A client is using the budget planning process in Dynamics 365 Finance. Your client requires the ability to plan for a one-year, three-year, and five year-budget. You need to configure the various year length options to be used in the budgeting module. What should you do?

Options

AConfigure budget control
BConfigure budget codes
CConfigure budget cycles
DConfigure budget allocation terms

How the community answered

(35 responses)

A
3% (1)
B
11% (4)
C
80% (28)
D
6% (2)

Explanation

Budget cycle time span After basic budgeting is configured, you can define the time, or the starting and ending periods, for budgeting and budget control on the Budget cycle time span page. Budget cycles often correspond to fiscal calendars but can span fiscal years. https://docs.microsoft.com/en-us/dynamics365/finance/budgeting/budget-control-overview-

Topics

#budget cycles#budget planning#fiscal periods#budget configuration

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