A company is moving financial workloads to Dynamics 365 Finance. Balance sheet accounts do not require department dimension postings while profit and loss accounts require department dimensions. You n

The correct answer is C. Account structures. Account structures in Dynamics 365 Finance define which financial dimensions are valid, required, or not applicable for specific ranges of main accounts. This is exactly the mechanism needed to enforce that profit and loss accounts require a department dimension while balance she

Architect solutions

Question

A company is moving financial workloads to Dynamics 365 Finance. Balance sheet accounts do not require department dimension postings while profit and loss accounts require department dimensions. You need to determine which functionality achieves the goal. What should you recommend?

Options

ALegal entities
BFinancial dimensions
CAccount structures
DFinancial dimension sets

How the community answered

(32 responses)

A
6% (2)
B
3% (1)
C
78% (25)
D
13% (4)

Explanation

Account structures in Dynamics 365 Finance define which financial dimensions are valid, required, or not applicable for specific ranges of main accounts. This is exactly the mechanism needed to enforce that profit and loss accounts require a department dimension while balance sheet accounts do not - you configure separate account structures for each account range with different dimension rules. Financial dimensions (B) are the dimension definitions themselves (e.g., the Department dimension), not the posting rules. Financial dimension sets (D) are used for reporting and inquiry, not for controlling posting requirements. Legal entities (A) represent separate companies and do not control dimension requirements at the account level.

Topics

#Dynamics 365 Finance#Account Structures#Financial Dimensions#General Ledger

Community Discussion

No community discussion yet for this question.

Full MB-700 Practice