M3-123 Infor Certified M3 Finance Consultant Questions and Answers

The manufacturing order processing flow includes the following four tasks:

1. Production receipt

2. Issue material to manufacturing order

3. Create manufacturing order

4. Report operations

Which one of the following is the correct order in which those tasks should be performed?

A customer calls a facility from a division to purchase a product. You create a customer order to manage the delivery to the customer from another warehouse belonging to a different division. The customer later receives an invoice from the facility that received the order, and the goods are sent from the warehouse belonging to the other division. Which one of the following items represents the Infor M3 invoicing system that manages invoices between different divisions belonging to the same company?

You need to add 10% of the net purchase price to the cost of the acquired item, which requires the following four steps:

1. Add the element to the costing model

2. Add a costing value

3. Add the costing model to the item

4. Create a costing element with operator 5

Which one of the following is the correct order in which those tasks should be performed?

Which one of the following options are invoice number series defined by?

You have set up different accounts, from your normal accounts, so you can post to a different receivable account when you sell to a particular customer.

Which one of the following rules do you need to define so that these customer’s transactions will post to this different account?

Which one of the following components determines which value-added tax (VAT) method and VAT rate to apply for a specific type of business transaction?

You need to create the rules for managing accounts payable at the division level and to have an automated workflow for authorizing, recoding, and approving supplier invoices for payment. Which one of the following programs would you use?