Learn the 3 essential steps to distribute expenses across multiple ledger accounts in Dynamics 365 Finance. Discover how to use allocation rules, main account terms, and manual splits effectively.
Table of Contents
Question
Your company has recently implemented Dynamics 365 Finance and is in the process of setting up their financial management system. You need to set up a system to distribute expenses across multiple ledger account combinations to ensure that expenses are charged to the correct object in accounting. WhatWhat three actions should you perform? Each correct answer presents part of the solution. Choose three.
A. Allocate transaction amounts manually by applying financial dimension default templates to a document.
B. Automatically allocate ledger balances or fixed amounts based on ledger allocation rules.
C. Automatically allocate transactions amounts based on allocation terms defined on individual main account.
D. Manually allocate transaction amounts by using the Split action in accounting distributions.
E. Use intercompany ledger allocation rules for budget planning.
F. Use the ‘All of the Above’ option to allocate transactions.
Answer
B. Automatically allocate ledger balances or fixed amounts based on ledger allocation rules.
C. Automatically allocate transactions amounts based on allocation terms defined on individual main account.
D. Manually allocate transaction amounts by using the Split action in accounting distributions.
Explanation
To distribute expenses across multiple ledger account combinations, you can manually allocate transaction amounts by using the Split action in accounting distributions, automatically allocate transactions amounts based on allocation terms defined on individual main account, and automatically allocate ledger balances or fixed amounts based on ledger allocation rules. Intercompany ledger allocation rules cannot be used for budget planning. The ‘All of the Above’ option is not a valid method for allocating transactions.
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