Your company makes use of a Dynamics 365 Supply Chain Management system. You are in the process of configuring royalty agreement. You are currently identifying the royalty agreement ledger accounts…

The correct answer is B. Accrual D. Expense. The Accrual account and Expense account fields must specify account numbers that will receive accrued amounts during the intermediate stage between approval and processing. https://learn.microsoft.com/en-us/dynamics365/finance/accounts-payable/royalty-contract

Implement and manage supply chain processes

Question

Your company makes use of a Dynamics 365 Supply Chain Management system. You are in the process of configuring royalty agreement. You are currently identifying the royalty agreement ledger accounts. Which two of the following ledger accounts should be identified?

Options

AAccounts receivable
BAccrual
CInventory
DExpense

How the community answered

(52 responses)

A
2% (1)
B
92% (48)
C
6% (3)

Explanation

The Accrual account and Expense account fields must specify account numbers that will receive accrued amounts during the intermediate stage between approval and processing. https://learn.microsoft.com/en-us/dynamics365/finance/accounts-payable/royalty-contract

Topics

#royalty agreements#ledger accounts#accrual#sales configuration

Community Discussion

No community discussion yet for this question.

Full MB-330 Practice