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MB-310: How to Configure Financial Dimensions in Dynamics 365 Finance for Legal Entities?

Learn step-by-step how to configure legal entity overrides and specify activity periods for financial dimensions in Microsoft Dynamics 365 Finance. Simplify your MB-310 exam prep with actionable insights!

Table of Contents

Question

Your company has multiple legal entities and uses financial dimensions to represent these entities. They have recently noticed that some financial dimensions are not relevant for all legal entities and are only applicable for specific periods. You need to configure the system to specify the companies that certain dimensions should be suspended for, the owner, and the period when the dimension is active. What two actions should you perform? Each correct answer presents part of the solution. Choose two.

A. Activate the financial dimensions.
B. Configure legal entity overrides for financial dimensions.
C. Create custom dimensions.
D. Delete irrelevant financial dimensions.
E. Specify the period of activity in the Legal entity overrides section.

Answer

B. Configure legal entity overrides for financial dimensions.
E. Specify the period of activity in the Legal entity overrides section.

Explanation

To specify the companies that certain dimensions should be suspended for, the owner, and the period when the dimension is active, you need to configure legal entity overrides for financial dimensions and specify the period of activity in the Legal entity overrides section. Activating the financial dimensions, creating custom dimensions, or deleting irrelevant financial dimensions will not achieve this goal.

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.