Learn how to resolve cash flow forecast discrepancies caused by sales order irregularities in Microsoft Dynamics 365 Finance. Discover the best method to integrate sales order processing for accurate forecasting.
Table of Contents
Question
Adventure Works Cycles is experiencing discrepancies in their cash flow forecasts. These discrepancies are due to irregularities in sales order processing within Microsoft Dynamics 365 Finance. You need to devise a method to improve the accuracy of cash flow forecasts by ensuring that sales order processing is reflected correctly. What should you recommend?
A. Advise the sales team to use a separate financial tool to track sales orders and manually update the cash flow forecast.
B. Increase the frequency of manual sales order reviews before including them in the cash flow forecast.
C. Integrate sales order processing with cash flow forecasting by configuring the system to include sales orders in the forecast calculation.
D. Remove sales orders from the cash flow forecast calculation to prevent discrepancies.
Answer
C. Integrate sales order processing with cash flow forecasting by configuring the system to include sales orders in the forecast calculation.
Explanation
Integrating sales order processing with cash flow forecasting ensures that the impact of sales orders on cash flow is accurately reflected in the forecast. Removing sales orders from the calculation or increasing manual reviews does not solve the issue of integration and accuracy. Using a separate financial tool would create additional work and potential for error.
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.