A company uses Dynamics 365 Finance. You need to explain the settlement process. Which two statements describe the capabilities of the Cash and bank management module? Each correct answer presents a c

Question

Options

• ASettlement can occur between any transaction types that affect the vendor balance or customer
• BPayments are only settled after they are posted.
• CPayments can be settled against a transaction in the same legal entity only.
• DSettlement occurs for the customer and vendor invoices and their payments.

• A
  87% (20)
• B
  4% (1)
• C
  9% (2)

Explanation

Dynamics 365 Finance, Settlement overview What transactions can be settled In Accounts payable and Accounts receivable, settlement can occur between any transaction types that affect the vendor balance or customer balance. (A) These transaction types can include invoices, payments, credit memos, and fees (D). Any transaction type can be settled against any other transaction type. For example, you can settle a payment against an invoice, a credit memo against an invoice, an invoice against another invoice, and a payment against another payment. https://learn.microsoft.com/en-us/dynamics365/finance/cash-bank-management/settlement-

No community discussion yet for this question.