Learn the best approach to set up automated per diem policies in Microsoft Dynamics 365 Finance, including percentage reductions for meals and travel thresholds, to streamline expense management effortlessly.
Table of Contents
Question
A company is configuring Microsoft Dynamics 365 Finance to manage per diems for employees based on travel destination and duration. You need to create a per diem policy that adjusts the allowance based on whether meals are provided during the travel, with a minimum of effort. How should you configure the per diem rules?
A. Configure per diem rates to be calculated on a calendar day basis without considering meal provisions.
B. Create a fixed per diem rate regardless of meals provided and apply it uniformly across all travel.
C. Implement a manual adjustment process for per diems where employees can claim expenses for meals provided.
D. Set up default per diem rules with a percentage reduction for each meal provided and define thresholds for minimum hours of travel.
Answer
D. Set up default per diem rules with a percentage reduction for each meal provided and define thresholds for minimum hours of travel.
Explanation
The correct answer allows for an automated adjustment of per diem rates based on meal provisions, which is efficient and accurate. Fixed rates or manual adjustments would not provide the necessary flexibility or efficiency, and calculating per diems without considering meal provisions does not meet the company’s requirements.
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.