Finance Quiz

Where do you define the Debit and Credit G/L Accounts to be used for Payment Tolerance?

If depreciation has been posted incorrectly, and you want to reverse the depreciation but you want the GL Entry postings to go in to the current period rather than have the posting date of the original postings, which of the following functions would you use?

When trying to Retrieve VAT Return periods from HMRC a user gets the error, "Not possible to retrieve VAT Return periods. Reason from the HMRC Server: The provided VRN is invalid." Where would one go to in order to correct the VAT Registration Number

If you post a Sales invoice in Euros at an Exchange Rate of £1 = €1.10, the customer does not pay it and at the end of the month, the exchange rate changes to £1 = €1.15. When the Adjust Exchange rate routine is run which of the following GL accounts would receive a posting related to the revaluing of this invoice?

Which 3 elements of the VAT Posting Setup ensure that the VAT entry is created correctly on a journal line? (All 3 = 1pt)

What is the name of the Page there you can set up the connection to allow Business Central to communicate with HMRC?

On the G/L Account Card, what field is used to determine which accounts are closed during the Year End Closing Process?

In the Copy G/L Budget Function on a G/L Budget, what adjustment factor is used to increase the budgeted amounts by 15% ?

How many Dimensions can you assign to an Analysis View?