Struggling with unmatched bank statement lines in Microsoft Dynamics 365 Business Central? Learn the best solution for creating missing ledger entries and ensuring accurate financial reconciliation in your system.
Table of Contents
Question
Your finance team uses Microsoft Dynamics 365 Business Central to manage their banking operations. They have encountered issues with bank statement lines that cannot be matched because there are no related ledger entries in the system.
You need to create the missing ledger entries to match the bank statement lines accurately.
What should you do?
A. Use the ‘Transfer to General Journal’ action to create new journal lines for the missing ledger entries.
B. Modify the existing bank statement lines to match the available ledger entries.
C. Delete the unmatched bank statement lines to eliminate the discrepancy.
D. Increase the ‘Transaction Date Tolerance (Days)’ to automatically match the bank statement lines.
Answer
A. Use the ‘Transfer to General Journal’ action to create new journal lines for the missing ledger entries.
Explanation
Option A is correct because transferring to the General Journal to create new journal lines is the recommended method for creating missing ledger entries. Option B is incorrect as modifying bank statement lines can lead to inaccurate financial records. Option C is incorrect because deleting bank statement lines does not solve the problem of missing ledger entries and can result in incomplete reconciliation. Option D is incorrect as increasing the date tolerance may not create the necessary ledger entries and could lead to incorrect automatic matching.
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.