How to Use Electronic Reporting and Power BI for Custom Financial Reports in Dynamics 365?
Table of Contents
Question
You are responsible for optimizing the reporting process for financial data within the Dynamics 365 finance and operations apps. The company requires a solution that allows for the creation of financial reports that can be customized and maintained with ease.
You need to enable the finance team to generate income statements and balance sheets without extensive technical support.
Which three features should you recommend? Each correct answer presents a complete solution. Choose three.
Select all answers that apply.
A. Leverage the Electronic reporting tool to configure financial report formats as required.
B. Recommend the use of SQL Server Reporting Services (SSRS) for ad-hoc financial report generation.
C. Advise the finance team to manually compile financial data using Microsoft Excel.
D. Implement Power BI integration to design interactive financial dashboards within Dynamics 365.
E. Utilize the Financial reporting feature in Dynamics 365 Finance to create and customize financial reports.
Answer
A. Leverage the Electronic reporting tool to configure financial report formats as required.
D. Implement Power BI integration to design interactive financial dashboards within Dynamics 365.
E. Utilize the Financial reporting feature in Dynamics 365 Finance to create and customize financial reports.
Explanation
The correct features to recommend are the Electronic reporting tool, Power BI integration, and the Financial reporting feature in Dynamics 365 Finance. These tools enable the finance team to generate income statements and balance sheets without extensive technical support and allow for customization and maintenance of financial reports. The options suggesting the use of SQL Server Reporting Services for ad-hoc financial report generation or manual data compilation using Microsoft Excel are incorrect as they are either not specified as a requirement or inefficient and prone to errors.
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