Learn how to configure budget control in Microsoft Dynamics 365 Finance, including financial dimensions, time frames, source documents, and override permissions, to ensure compliance with company policies and effective financial resource management.
Table of Contents
Question
Your company is implementing budget control to manage its financial resources. They have configured budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions. You need to ensure that the system performs budget checks on documents and journals and activates or deactivates budget control configurations as per the company’s policies and requirements. What should you do?
A. Configure budget control according to financial dimensions, time, source documents, funds available calculation, and override permission.
B. Configure budget control only based on financial dimensions and ignore other factors.
C. Disable budget control and manually check each document and journal for budget compliance.
D. Ignore the budget control configurations and proceed with the company’s financial operations.
Answer
A. Configure budget control according to financial dimensions, time, source documents, funds available calculation, and override permission.
Explanation
The correct answer is to configure budget control according to financial dimensions, time, source documents, funds available calculation, and override permission. This approach ensures that the system performs budget checks on documents and journals and activates or deactivates budget control configurations as per the company’s policies and requirements. Disabling budget control or ignoring it would not meet the company’s requirements. Configuring budget control only based on financial dimensions would not provide a comprehensive solution.
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