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Microsoft

MB-310 · Question #393

Drag and Drop Question A company plans to set up and use revenue and expense deferrals in subscription billing. The company must be able to do the following: - Set up default accounts and templates fo

The correct answer is Deferral templates; All deferral schedules. Explanation: Revenue & Expense Deferrals in Dynamics 365 Subscription Billing This question tests knowledge of the Subscription Billing module in Microsoft Dynamics 365 Finance, specifically the Revenue and Expense Deferrals feature. --- Requirement → Configuration Mapping | Requ

Implement accounts receivable, credit, collections, and subscription billing

Question

Drag and Drop Question A company plans to set up and use revenue and expense deferrals in subscription billing. The company must be able to do the following: - Set up default accounts and templates for the deferral schedule. - View and edit the deferral schedule. You need to configure subscription billing. Which configurations should you use? To answer, move the appropriate configurations to the correct requirements. You may use each configuration once, more than once, or not at all. You may need to move the split bar between panes or scroll to view content. NOTE: Each correct selection is worth one point. Answer:

Exhibit

MB-310 question #393 exhibit

Answer Area

Drag items

Deferral defaultsDeferral templatesAll deferral schedulesRevenue and expense deferral parameters

Correct arrangement

  • Deferral templates
  • All deferral schedules

Explanation

Explanation: Revenue & Expense Deferrals in Dynamics 365 Subscription Billing

This question tests knowledge of the Subscription Billing module in Microsoft Dynamics 365 Finance, specifically the Revenue and Expense Deferrals feature.


Requirement → Configuration Mapping

RequirementCorrect Configuration
Set up default accounts and templates for the deferral scheduleDeferral templates
View and edit the deferral scheduleAll deferral schedules

Item-by-Item Analysis

Deferral templates → Requirement 1

  • This is the setup page where you define the structure of a deferral schedule - including the deferral/recognition accounts, schedule type (straight-line, event-based), and period count.
  • Templates are reusable blueprints applied to transactions, so they inherently cover both "default accounts" and "templates" in a single place.
  • This is the correct tool for building the framework before any transactions occur.

All deferral schedules → Requirement 2

  • This page gives a system-wide list of every generated deferral schedule across all transactions.
  • From here, users can open, view, and edit individual schedules (e.g., adjusting recognition dates, amounts, or accounts on existing records).

Why the Wrong Items Are Incorrect

Deferral defaults (not selected for either requirement)

  • Handles system-level fallback settings (e.g., what accounts to use if no template is specified).
  • It does not define templates themselves - it just fills gaps when templates are absent.
  • Common mistake: assuming "defaults" = template setup because of the word "default accounts" in the requirement.

Revenue and expense deferral parameters (not selected for either requirement)

  • This is a feature-level configuration page: enabling the feature, setting number sequences, defining posting behavior.
  • It does not manage templates or individual schedule records.
  • Common mistake: choosing this because it sounds comprehensive/foundational.

Key Takeaway

Deferral templates = how schedules are built (setup/design) All deferral schedules = how schedules are managed (view/edit after creation)

The trap is that "Deferral defaults" sounds relevant to "setting up default accounts," but in Dynamics 365, defaults are fallback values, not template definitions. Templates are the true setup mechanism.

Topics

#deferral templates#deferral schedule#deferral defaults#subscription billing

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