An organization is implementing Dynamics 365 Finance. The organization uses financial reports including detailed balance information in local currencies for all accounts. Reports must include…

The correct answer is A. Detailed Trial Balance. The Detailed Trial Balance report in Dynamics 365 Finance displays transaction-level detail for all general ledger accounts, including the GL account number, individual journal entry line descriptions, amounts in local currency, and opening/closing balances. This matches all…

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Question

An organization is implementing Dynamics 365 Finance. The organization uses financial reports including detailed balance information in local currencies for all accounts. Reports must include general ledger account number and journal entry line description. You need to recommend a report that meets the requirements. Which report should you recommend?

Options

ADetailed Trial Balance
BSummary Trial Balance
CBalance Sheet
DCash Flow

How the community answered

(54 responses)

A
81% (44)
B
2% (1)
C
11% (6)
D
6% (3)

Explanation

The Detailed Trial Balance report in Dynamics 365 Finance displays transaction-level detail for all general ledger accounts, including the GL account number, individual journal entry line descriptions, amounts in local currency, and opening/closing balances. This matches all stated requirements: detailed balance information, local currencies, GL account numbers, and journal entry line descriptions. The Summary Trial Balance (B) shows only aggregated balances without line-level detail. The Balance Sheet (C) is a high-level financial statement showing assets, liabilities, and equity without transaction detail. The Cash Flow report (D) focuses only on cash movements and does not include the full account detail required.

Topics

#Dynamics 365 Finance#Financial Reporting#Trial Balance#General Ledger

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