Learn the step-by-step process to enable automatic financial dimension updates for assets in Microsoft Dynamics 365 Supply Chain Management. Discover how to optimize asset tracking and cost allocation with functional locations using best practices.
Table of Contents
Question
You are optimizing asset management within Microsoft Dynamics 365 Supply Chain Management.
You need to ensure that assets are tracked and costs are associated with their current functional location.
You need to configure the system to automatically update financial dimensions for assets when they are moved to new functional locations.
What two actions should you perform? Each correct answer presents part of the solution. Choose 2.
A. Enable the automatic update of financial dimensions in the Asset Management settings.
B. Configure the Asset Movement journal to update the financial dimensions upon asset relocation.
C. Manually adjust the financial dimensions each time an asset is moved to a new location.
D. Create a periodic batch job to update financial dimensions for assets at regular intervals.
E. Use a fixed asset ledger to manually track the movement and cost association of assets.
Answer
A. Enable the automatic update of financial dimensions in the Asset Management settings.
B. Configure the Asset Movement journal to update the financial dimensions upon asset relocation.
Explanation
Correct Answer Option A is correct because enabling automatic updates of financial dimensions in the Asset Management settings ensures that asset costs follow the asset’s current location without manual intervention. Correct Answer Option B is correct as configuring the Asset Movement journal to update financial dimensions allows for the financial tracking of assets when they are relocated. Distractor Option C is incorrect because manual adjustments are error-prone and not efficient. Distractor Option D is incorrect as it does not provide real-time updates and may lead to discrepancies. Distractor Option E is incorrect because using a fixed asset ledger for manual tracking is not aligned with the goal of automating the process.
Microsoft Dynamics 365 Supply Chain Management Functional Consultant MB-330 certification exam assessment practice question and answer (Q&A) dump including multiple choice questions (MCQ) and objective type questions, with detail explanation and reference available free, helpful to pass the Microsoft Dynamics 365 Supply Chain Management Functional Consultant MB-330 exam and earn Microsoft Dynamics 365 Supply Chain Management Functional Consultant MB-330 certification.