Learn the 3 essential steps to automate vendor invoice approvals in Microsoft Dynamics 365 Finance. Discover how to set tolerances, matching policies, and invoice policies effectively.
Table of Contents
Question
Fabrikam, Inc. wants to automate the review process for vendor invoices. You need to set up a system that automatically approves invoices that meet certain criteria and flags the remaining invoices for review by an authorized user. What three actions should you perform? Each correct answer presents part of the solution. Choose three.
A. Set up tolerances for invoice totals.
B. Set up two-way and three-way matching policies.
C. Set up vendor groups.
D. Set up vendor invoice policies.
E. Set up vendor posting profiles.
Answer
A. Set up tolerances for invoice totals.
B. Set up two-way and three-way matching policies.
D. Set up vendor invoice policies.
Explanation
To automate the review process for vendor invoices, you need to set up vendor invoice policies, two-way and three-way matching policies, and tolerances for invoice totals. Setting up vendor groups and vendor posting profiles are not directly related to automating the review process for vendor invoices.
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