MB-800: How to Classify New G/L Account for Marketing Expenses in Microsoft Dynamics 365 Business Central?

Learn the correct classification process for setting up a new G/L account for marketing expenses in Microsoft Dynamics 365 Business Central. Discover why selecting ‘Income/Balance’ is crucial for accurate reporting and effective financial management.

Question

You are tasked with setting up a new G/L account for marketing expenses in Microsoft Dynamics 365 Business Central.
You need to ensure that the new G/L account is classified correctly for reporting purposes.
What should you do?

A. Income/Balance
B. Account Type
C. Debit/Credit
D. Direct Posting

Answer

A. Income/Balance

Explanation

Option A is correct because the Income/Balance field indicates whether the account is classified as an income statement or a balance sheet account, which is essential for reporting purposes. Options B, C, and D are incorrect as they pertain to different settings on the G/L account card.

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.