Learn the best approach to enable and configure intercompany expense management in Microsoft Dynamics 365 Finance, ensuring seamless processing and reimbursement across multiple legal entities.
Table of Contents
Question
A multinational corporation with multiple legal entities is implementing Microsoft Dynamics 365 Finance. They require a comprehensive expense management solution that supports intercompany expense transactions. You need to ensure that employees can file expense reports for projects across different legal entities and have the expenses reimbursed by their home legal entity. What should you recommend?
A. Create a centralized legal entity to handle all expense reports and reimbursements, bypassing the need for intercompany transactions.
B. Disallow intercompany expenses and require employees to only incur expenses within their own legal entity.
C. Enable intercompany expenses and configure the system to allow expense reports to be forwarded to the respective legal entities for processing.
D. Instruct employees to submit separate expense reports for each legal entity and manually reconcile the expenses at the end of each month.
Answer
C. Enable intercompany expenses and configure the system to allow expense reports to be forwarded to the respective legal entities for processing.
Explanation
Enabling intercompany expenses and configuring the system to forward expense reports to the respective legal entities allows for seamless processing and reimbursement, aligning with the corporation’s requirements. Option D is inefficient and prone to errors. Option A centralizes the process but does not support the requirement for intercompany transactions. Option B restricts employees unnecessarily and does not meet the business needs.
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.