What is the purpose of a recurring journal in Business Central?

To allocate costs to dimensions

To post transactions that occur regularly

A company receives a payment from a customer that is less than the invoice amount due to a discount. The accountant wants to register the payment and apply it to the invoice, writing off the discount. What should the accountant do?

Enter the full invoice amount as a payment and then post a credit memo for the discount.

Enter the payment in the cash receipt journal and use the Apply Entries page to apply it, then add a write-off line for the discount.

Post the payment as unapplied and then manually adjust the invoice balance.

Create a general journal entry to write off the discount and then apply the payment.

A company receives a customer payment that covers two open invoices. The accountant uses the Cash Receipt Journal and wants to apply the payment to both invoices. What is the correct way to do this?

Enter one journal line for the full amount and use the Apply Entries action to select both invoices.

Post the payment as unapplied and then manually adjust the customer's balance.

Post the payment to the customer's account and then create credit memos for the invoices.

Enter two separate journal lines, one for each invoice, and post them together.

How can you undo an applied ledger entry in Business Central?

Use the 'Unapply Entries' action

Microsoft Certified:Dynamics 365 Business Central Functional Consultant Associate

Domain 4Objective 5

Process Journals and Payments MB-800 Practice Questions (Page 6)

Part of the Perform Business Central operations domain, which accounts for 30–35% of the MB-800 exam. Microsoft does not publish an official question count, but from its 100-minute exam (~40–65 total, ~12–23 in this domain), expect 2–3 from this objective — we provide 47 practice questions to prepare you well beyond it. (estimate)

47questions here

10free pages

11concepts

30–35%of the exam

Questions 26–30

26foundation · easy
What is the purpose of a recurring journal in Business Central?
Select an answer first
27expert · hard
A company receives a payment from a customer that is less than the invoice amount due to a discount. The accountant wants to register the payment and apply it to the invoice, writing off the discount. What should the accountant do?
Select an answer first
28application · medium
A company receives a customer payment that covers two open invoices. The accountant uses the Cash Receipt Journal and wants to apply the payment to both invoices. What is the correct way to do this?
Select an answer first
29foundation · easy
How can you undo an applied ledger entry in Business Central?
Select an answer first
30foundation · easy
When you post a cash receipt journal line, what is the default balancing account type?
Select an answer first

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