Microsoft Exam MB-310 Topic 7 Question 90 Discussion

Actual exam question for Microsoft's MB-310 exam

Question #: 90
Topic #: 7

A company has implemented Dynamics 365 Finance.

The company pays taxes quarterly to the states of Florida, Nebraska, and Washington. These states have been set up as tax authorities within Dynamics 365 Finance.

You need to configure the system to remit tax payments.

What should you do?

ASet up a customer record for the tax authority.

BAssociate the vendor record to the tax authority.

CAssociate the vendor record to The settlement period.

DSet up the jurisdiction and associate the jurisdiction to the tax authority

Show Suggested Answer

Suggested Answer: B

by Scarlet at Apr 09, 2024, 11:58 PM

Limited Time Offer

25%

Off

Get Premium MB-310 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Daryl

6 days ago

Definitely D. Gotta love those jurisdictions and authorities. And let's be honest, who doesn't enjoy a good tax payment configuration discussion? It's the highlight of my day!

upvoted 0 times

...

Vannessa

6 days ago

Haha, yeah, you don't want to accidentally send the Florida taxes to Nebraska, am I right? That would be a real headache to sort out later. Better get those jurisdictions locked down from the start.

upvoted 0 times

...

Yeah, that's what I was thinking too. Gotta get those jurisdictions set up properly. Otherwise, how's the system going to know where to send the tax money? It's not rocket science, but you definitely need to get the fundamentals right.

upvoted 0 times

...

Lashon

8 days ago

I agree, those first two options don't seem relevant. I think the key here is setting up the jurisdiction and associating it to the tax authority. That way, the system will know which jurisdiction the tax payments need to go to.

upvoted 0 times

...

Joanne

8 days ago

Haha, yeah, tell me about it! I feel like I need an advanced degree in taxation just to navigate these Dynamics 365 Finance modules. But hey, at least we get to flex our problem-solving muscles, right?

upvoted 0 times

...

Son

9 days ago

Hmm, this question is a bit tricky. We need to think carefully about the requirements here. Setting up a customer record for the tax authority doesn't sound right, since they're not a customer. And associating the vendor record to the settlement period doesn't make sense either.

upvoted 0 times

...

Delpha

9 days ago

I'm with you guys on option D. Seems like the most logical way to set it up. Although, I have to say, sometimes these tax questions make me want to pull my hair out. It's like a whole different language!

upvoted 0 times

...

Fabiola

10 days ago

Ooh, tricky! I was thinking option B might be the way to go, but after thinking it through, I think D makes the most sense. Gotta love those tax configurations, am I right?

upvoted 0 times

...

Tommy

12 days ago

I agree, it's a pretty basic configuration question. I'd say the correct answer is D - Set up the jurisdiction and associate the jurisdiction to the tax authority. That's the way I would approach it.

upvoted 0 times

...

Janna

14 days ago

Hmm, this seems like a pretty straightforward question about setting up tax authorities in Dynamics 365 Finance. I think the key is to understand the relationship between the vendor record, the tax authority, and the jurisdiction.

upvoted 0 times

...

Microsoft Exam MB-310 Topic 7 Question 90 Discussion

Contribute your Thoughts:

Daryl

Vannessa

Marquetta

Lashon

Joanne

Son

Delpha

Fabiola

Tommy

Janna