A company manufactures air filtering units for industrial manufacturing plants.
During the acquisition of one of the components that is used in the unit an agreement is reached that the $25,000 component will be paid for in the following schedule:
✑ The first payment will be $10,000.
✑ The remaining balance will be distributed equally and due on the 15th of the month for the next three months.
You need to configure the system for the payment schedule.
What should you do?

A. Use the Specified allocation method.

B. Enter $25,000 in the Amount of Transaction Quantity field.

C. Specify a fixed quantity payment of 5.

D. Set the Fixed allocation method Fixed Amount field for the monthly amount.








 

Suggested Answer: D

Note: Set up payment schedules with TDS allocation
1. Go to Accounts payable > Payment setup > Payment schedules.
2. On the Action Pane, select New to create a payment schedule, and enter the required details.
3. In the Allocation field, select the method to use to allocate the payment for the payment schedule: a) Total ג€" One total amount b) Fixed amount ג€" Due divided on a specified fixed amount c) Fixed quantity ג€" Due divided in specified no of installments d) Specified ג€" Unproportionate amount in unproportionate no of interval
4. Enter the other required details, and then close the page.
Reference:
https://docs.microsoft.com/en-us/dynamics365/finance/localizations/apac-ind-tds-payment-schedule-setup-with-tds-allocation

This question is in MB-310 Microsoft Dynamics 365 Finance Exam
For getting Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate Certificate



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