Discover how to automate customer payment applications in Microsoft Dynamics 365 Business Central by setting up rules for automatic payment application. Learn why manual data entry processes slow down your Accounts Receivable and how automation can boost efficiency.
Table of Contents
Question
Your company is experiencing delays in applying customer payments to sales invoices due to manual data entry processes in Microsoft Dynamics 365 Business Central.
You need to automate the application of customer payments to open ledger entries to improve efficiency.
What should you do?
A. Set up rules for automatic application of payments on the Payment Application Rules page.
B. Increase the number of staff in the Accounts Receivable department.
C. Create a new general journal batch for each customer payment.
D. Post customer payments directly to the General Ledger.
Answer
A. Set up rules for automatic application of payments on the Payment Application Rules page.
Explanation
Setting up rules for automatic application of payments on the Payment Application Rules page allows for the automation of applying customer payments, which improves efficiency. Increasing staff does not address the issue of manual processes. Creating a new general journal batch for each payment is inefficient and does not automate the process. Posting payments directly to the General Ledger does not apply them to open ledger entries.
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.