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A company with multiple legal entities implements Dynamics 365 Finance.
You need to recommend options to ensure that you can provide customized financial reporting across the legal entities.
Solution: Create separate business units.
Does the solution meet the goal?
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A. B.A.
https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/generating-consolidated-financial-statementsThe solution of creating separate business units does not directly meet the goal of providing customized financial reporting across the legal entities.
Creating separate business units within Dynamics 365 Finance is a way to group and manage financial information for different parts of an organization. However, it does not necessarily provide a way to customize financial reporting across legal entities.
To achieve the goal of customized financial reporting across legal entities, there are several options to consider. One option is to use the financial dimensions functionality within Dynamics 365 Finance. Financial dimensions allow for the categorization and tracking of financial transactions based on specific attributes such as product, department, or location. By configuring financial dimensions appropriately, customized financial reports can be generated based on the specific needs of each legal entity.
Another option to consider is to use the consolidation functionality within Dynamics 365 Finance. This allows for the consolidation of financial data from multiple legal entities into a single entity. With this option, customized financial reports can be generated for the consolidated entity, providing a comprehensive view of the organization's financial performance.
In summary, while creating separate business units is a useful way to manage financial information within Dynamics 365 Finance, it does not directly meet the goal of providing customized financial reporting across legal entities. Other options such as using financial dimensions or consolidation functionality should be considered to achieve this goal. Therefore, the answer to the question is B. No.