Learn the two essential steps to configure Microsoft Dynamics 365 Supply Chain Management for automatic inventory cost posting. Simplify inventory adjustments and ensure accurate general ledger updates with this expert guide.
Table of Contents
Question
You are enhancing inventory management within Microsoft Dynamics 365 Supply Chain Management. You are ensuring that inventory transactions accurately reflect in the system and update the general ledger.
You need to configure the system to automatically post additional costs to a specific general ledger account when using an inventory adjustment journal.
What two actions should you perform? Each correct answer presents part of the solution. Choose 2.
A. Set up the item group posting profile to define the default ledger account for inventory adjustments.
B. Enable the automatic posting setup in the Inventory and warehouse management parameters.
C. Create a new inventory movement journal and manually allocate the additional cost to a general ledger account.
D. Configure a BOM journal to post the additional costs directly to the product’s associated BOM.
E. Use a transfer journal to move items between locations and associate the cost implications manually.
Answer
A. Set up the item group posting profile to define the default ledger account for inventory adjustments.
B. Enable the automatic posting setup in the Inventory and warehouse management parameters.
Explanation
Option A is correct because setting up the item group posting profile allows the system to automatically post additional costs to the specified general ledger account during inventory adjustments. Option B is correct as enabling automatic posting in the Inventory and warehouse management parameters facilitates the automatic update of ledger accounts. Option C is incorrect because it involves manual allocation of costs, which does not meet the requirement for automation. Option D is incorrect because a BOM journal is used for posting BOMs directly, not for adjusting inventory costs. Option E is incorrect as transfer journals are used for transferring items without cost implications and do not automatically post additional costs to ledger accounts.
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