A company implements Dynamics 365 Finance. Which two components can you use to create a financial dimension set? Each correct answer presents part of the solution. NOTE: Each correct selection is wort

The correct answer is B. Financial dimension C. Main account. In Dynamics 365 Finance, a financial dimension set is a named grouping used for financial reporting and balance inquiries. It is built from two components: (B) Financial dimensions - custom attributes such as Department, Cost Center, or Business Unit that add analytical segmentat

Describe Dynamics 365 Finance

Question

A company implements Dynamics 365 Finance. Which two components can you use to create a financial dimension set? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Options

ADerived dimension
BFinancial dimension
CMain account
DAccount structure

How the community answered

(39 responses)

A
8% (3)
B
87% (34)
D
5% (2)

Explanation

In Dynamics 365 Finance, a financial dimension set is a named grouping used for financial reporting and balance inquiries. It is built from two components: (B) Financial dimensions - custom attributes such as Department, Cost Center, or Business Unit that add analytical segmentation to transactions; and (C) Main account - the core chart of accounts element that represents the ledger account. Together, these two components form the dimension set used to aggregate and display financial data. Account structures (D) define valid dimension combinations for posting but are not components of a dimension set itself. Derived dimensions (A) automatically populate dimension values based on rules but are not used to construct a dimension set.

Topics

#Financial dimensions#Main account#General Ledger configuration#Dynamics 365 Finance

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