Learn how to streamline payment applications in Microsoft Dynamics 365 Business Central by configuring payment reconciliation journals to automatically apply payments to outstanding invoices. Improve your cash flow management and efficiency. Get expert tips for MB-800 certification success!
Table of Contents
Question
Your company eeds to automate the process of applying incoming payments to outstanding invoices.
You need to configure the system to streamline the payment application process and improve cash flow management.
What should you configure?
A. Enable manual payment application for each incoming payment.
B. Set up payment reconciliation journals to automatically apply payments to related invoices.
C. Configure the system to always require a deposit slip for payment application.
D. Disable automatic payment matching features.
Answer
B. Set up payment reconciliation journals to automatically apply payments to related invoices.
Explanation
Setting up payment reconciliation journals to automatically apply payments to related invoices is the correct way to automate the payment application process. Enabling manual payment application would not automate the process. Requiring a deposit slip for every payment is unnecessary for payment application. Disabling automatic payment matching features would be counterproductive to automation.
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.