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MB-310: How to Automate Per Diem Calculations in Microsoft Dynamics 365 Finance for Complex Travel Policies?

Discover the step-by-step strategy to configure automated per diem rules in Microsoft Dynamics 365 Finance. Learn how to handle complex travel policies based on location, time, and services provided while ensuring compliance and efficiency.

Table of Contents

Question

A company is planning to implement per diems in Microsoft Dynamics 365 Finance for their employees’ travel expenses. They have specific rules for per diem allowances based on location, time of year, and services provided during travel. You need to create a functional strategy that automates per diem calculations and adheres to the company’s complex policy requirements. What should you do?

A. Configure per diem rules for the first and last days of travel, including percentage reductions for provided meals and services.
B. Eliminate per diem allowances and reimburse actual expenses based on submitted receipts.
C. Recommend that employees manually calculate per diems based on receipts submitted post-travel.
D. Set a flat per diem rate for all employees regardless of travel destination or time of year.

Answer

A. Configure per diem rules for the first and last days of travel, including percentage reductions for provided meals and services.

Explanation

Option A is correct because configuring per diem rules to account for specific scenarios like the first and last days of travel and provided meals aligns with the company’s policy requirements. Option D is incorrect as it does not consider the company’s need for variable rates based on location and time. Option C is incorrect because it does not automate the process and is prone to errors and inconsistencies. Option B is incorrect as it does not follow the company’s decision to use per diems instead of actual expense reimbursement.

Microsoft Dynamics 365 Finance Functional Consultant MB-310 certification exam assessment practice question and answer (Q&A) dump including multiple choice questions (MCQ) and objective type questions, with detail explanation and reference available free, helpful to pass the Microsoft Dynamics 365 Finance Functional Consultant MB-310 exam and earn Microsoft Dynamics 365 Finance Functional Consultant MB-310 certification.