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Microsoft

MB6-895 · Question #63

It is a new fiscal year. You want to set all profit and loss accounts to zero. On the general ledger parameters page, under fiscal year close, what should you do to accomplish this task?

The correct answer is B. Create closing transactions during transfer. https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-

Set up and configure the General Ledger

Question

It is a new fiscal year. You want to set all profit and loss accounts to zero. On the general ledger parameters page, under fiscal year close, what should you do to accomplish this task?

Options

  • ADelete close of year transactions
  • BCreate closing transactions during transfer
  • CEnsure that the voucher number is filled in
  • DSet fiscal year status to permanently closed

How the community answered

(24 responses)
  • A
    8% (2)
  • B
    83% (20)
  • C
    4% (1)
  • D
    4% (1)

Explanation

https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/general-ledger/year-

Topics

#fiscal year close#profit and loss accounts#closing transactions#general ledger parameters

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