A United States-based company uses Dynamics 365 Finance to collect and report sales tax. The company has a main account for each state where they collect and report sales tax. The system must transfer the tax liability for each state to their respective main account automatically every month when they run the settle and post sales tax process. You need to configure Dynamics 365 Finance. What should you do? A. Create a sales tax settlement period for each state. B. Select a vendor account during the sales tax group setup. C. Create a sales tax ledger posting group for each state. Associate a settlement account to a main account for vendor accounts in the vendor posting profile. D. Create a sales tax authority for each state and associate the authority with the respective main account. Â Suggested Answer: C This question is in MB-310 Microsoft Dynamics 365 Finance Exam For getting Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate Certificate Disclaimers: The website is not related to, affiliated with, endorsed or authorized by Microsoft. The website does not contain actual questions and answers from Microsoft's Certification Exams. Trademarks, certification & product names are used for reference only and belong to Microsoft.
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