Learn the correct field to configure for importing bank statements in the Payment Reconciliation Journal within Microsoft Dynamics 365 Business Central. Master your MB-800 exam with this expert insight and ensure smooth payment reconciliation.
Table of Contents
Question
You are responsible for setting up bank accounts to streamline the reconciliation process.
You need to ensure that the bank statement file can be imported correctly for payment reconciliation.
Which field on the Payment Reconciliation Journal must you configure?
A. Match Tolerance Value
B. Journal Template Name
C. Balancing Account Type
D. Bank Statement Import Format
Answer
D. Bank Statement Import Format
Explanation
The ‘Bank Statement Import Format’ field specifies the format of the bank statement file that can be imported into this bank account, which is necessary for payment reconciliation. ‘Match Tolerance Value’ is related to the automatic payment application function but does not affect the import of bank statements. ‘Journal Template Name’ and ‘Balancing Account Type’ are related to the setup of journal templates and balancing accounts, not the import of bank statement files.
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