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Exam MB-310 topic 1 question 61 discussion

Actual exam question from Microsoft's MB-310
Question #: 61
Topic #: 1
[All MB-310 Questions]

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
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A client has multiple legal entities set up in Dynamics 365 Finance. All companies and data reside in Dynamics 365 Finance.
The client currently uses a separate reporting tool to perform their financial consolidation and eliminations. They want to use Dynamics 365 Finance instead.
You need to configure the system and correctly perform eliminations.
Solution: Select Consolidate with import.
Does the solution meet the goal?

  • A. Yes
  • B. No
Show Suggested Answer Hide Answer
Suggested Answer: B 🗳️
References:
https://docs.microsoft.com/en-us/dynamics365/unified-operations/financials/budgeting/consolidation-elimination-overview
by Pir at Dec. 11, 2020, 11:24 a.m.

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AramsWrite
2 months, 1 week ago
Selected Answer: B
Consolidate with import is used to import balances from subsidiary companies into a consolidation company, this method does not automatically perform eliminations, which is a key requirement of the client. To meet the goal, the solution should include a method for performing eliminations, such as using elimination rules or proposals, which are not available with the Consolidate with import option. Therefore the solution does not meet the goal and the Answer is NO
upvoted 1 times
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DDV
9 months ago
The answer is A. All legal entities are residing in D365. One option for consolidation in this scenario is Consolidate with import. Create & define legal entity for consolidation, then import all legal entities transaction to this consolidated legal entity.
upvoted 1 times
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Aysenuremre
2 years, 7 months ago
Answer : No . We have subsidiaries on a different system. How can we consolidate them? Use the Consolidate with import option to bring the balances into a consolidation company.
upvoted 1 times
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Mobstar
3 years ago
Since all data reside in D365, use consolidate online. Finance supports consolidations as an online consolidation, where the subsidiary companies are within the same database as the consolidated company. If the subsidiary companies reside in a different database than the consolidated company, use Consolidate [Export to] on subsidiary company and Consolidate with Import in consolidated company.
upvoted 4 times
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Pir
3 years, 4 months ago
This is one of the options as per link provided. So the answer should be Yes.
upvoted 1 times
MeetVivian
3 years, 3 months ago
But the question is "You need to correctly perform eliminations" but not as the link mentioned to consolidate data. Consolidate with import is the way to consolidate data.
upvoted 5 times
Alice9
1 year, 4 months ago
Agree, the solution needs to include a way to report eliminations.
upvoted 1 times
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