Learn how to set up the Chart of Accounts in Microsoft Dynamics 365 Business Central to easily add new accounts. Discover the correct setup process and avoid common mistakes with our expert guide.
Table of Contents
Question
Your company uses Microsoft Dynamics 365 Business Central for its financial processes. The company wants to add new accounts to the existing chart of accounts.
You need to set up a feature that will allow the company to add new accounts to the existing chart of accounts.
What should you do?
A. Setting Up the Chart of Accounts
B. Setting Up Cash Flow Analysis
C. Set Up and Report Intrastat
D. Setting Up Source Codes and Reason Codes for Audit Trails
Answer
A. Setting Up the Chart of Accounts
Explanation
Setting Up the Chart of Accounts allows the company to add new accounts to the existing chart of accounts. Setting Up Cash Flow Analysis is incorrect because it sets up business intelligence (BI) charts to analyze cash flow. Set Up and Report Intrastat is incorrect because it sets up Intrastat reporting, and submits the report to an authority. Setting Up Source Codes and Reason Codes for Audit Trails is incorrect because it sets up source codes and reason codes to help track audit trails.
Microsoft Dynamics 365 Business Central Functional Consultant MB-800 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 Business Central Functional Consultant MB-800 exam and earn Microsoft Dynamics 365 Business Central Functional Consultant MB-800 certification.