Microsoft Dynamics AX Distribution and Trade Set 1

You are the accounts payable manage for your company. You and the vendor agree that defective items will be returned with a reference to the original purchase order. You need to create a vendor credit note. What are three methods that can be used? Each correct answer presents part at vie solution.

You are the purchasing agent for your company. You need to create a request for quotation (RFQ) for a product that is not in the item drop-down list. Which type of line item should you create?

You are working with a vendor who supplies you with apparel and spotting good products. You are negotiating a new purchase agreement with the vendor. The agreement terms you have arranged with the vendor are for a 3 percent discount on all of the sporting good products when the order volume over the next month is at least 50.000 USD Which commitment type should you use?

You are the purchasing administrator for your company. You need to create a purchasing policy. Which two policy rules should Be selected to manage employee access to specific categories in the procurement category hierarchy and to define rules that control the requisition creation process? Each answer presents part of the solution.

You are the purchasing agent for your company. You create a purchase requisition workflow to control the process. What are two activities that happen during this process? Each correct answer presents part of the solution.

You are the account payable coordinator for your company. You want to apply fee on the items and purchase orders so that your company can track charges levied on services such as freight, transport, postage, and insurance. What are three methods of charges that you can set in IVIicrosoft Dynamics AX Distribution and Trade? Each correct answer presents a complete solution.

You are purchasing agent for your company. You create a request for quotation (RFQ) and send it to vendors. You need to categorize the responses you receive form the vendors. What should you set up?

A match in discrepancy exceeds a tolerance percentage or amount and match variance icons are displayed in the Vendor invoice form. What are the three types of matching that can be performed in this scenario? Each correct answer presents part of the solution.

You are the accounts payable manager for you company. You want to create an invoice but you do not need the approval process. Which method allows you to post as soon as you record the invoice from the vendor?

You create a purchase requisition and add requisition lines. What is the status of the purchase requisition before submitting it to the workflow?