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Exam MB-330 topic 3 question 4 discussion

Actual exam question from Microsoft's MB-330

Question #: 4
Topic #: 3

DRAG DROP -
A company is implementing inventory by using Dynamics 365 Supply Chain Management.
You need to set up inventory journals and ensure that they are used for the correct processes.
Which journal types should you use? To answer, drag the appropriate journal types to the correct actions. Each journal type may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.
Select and Place:

Show Suggested Answer

Suggested Answer:

Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/inventory-journals

by Kikomannn at Aug. 13, 2020, 9:24 a.m.

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axaptaMaster

Highly Voted 4 years ago

There is something like this in link: "You can add cost to an item when you add inventory, but you must manually allocate the additional cost to a particular general ledger account by specifying a general ledger offset account when you create the journal.", so i would rather said: Counting, Transfer, Adjustment. I guess there is no possibility to attach two answers at one example ;)

upvoted 12 times

ahtoh

3 years, 10 months ago

Adjustment journal does not allow to change the COST. So it must be Movement instead of Adjustment

upvoted 3 times

10Butters

3 years, 10 months ago

Check the link provided in the answer section "When you use an inventory adjustment journal, you CAN ADD COST TO AN ITEM when you add inventory."

upvoted 7 times

BananaYummy

3 years, 6 months ago

I also see the same thing for an inventory movement journal. When you use an inventory movement journal, you can add cost to an item when you add inventory,

upvoted 3 times

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python123

Most Recent 9 months, 2 weeks ago

Movement inventory journal type is useful if you want to overwrite the default posting accounts. The answer is adjustment journal in this scenario.

upvoted 1 times

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Yrshukla

1 year, 10 months ago

Adjustment journal - Will add the cost to a predefined account within the item group. at the same time, the movement journal will allow you to select the account/off-account to post the ledger transaction and update the cost. In this scenario, It is not specified whether the account needs to be overridden or anything else. So, it should be default account which is already specified.

upvoted 2 times

Yrshukla

1 year, 10 months ago

The answer is adjustment journal in this scenario.

upvoted 1 times

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elcollino

2 years, 8 months ago

Counting, Transfer and Adjustment. If they had mentioned post cost to a different expense account, then it would have been Movement.

upvoted 4 times

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Suzemagooze

2 years, 8 months ago

Answer is correct. Adjustment is the best answer for number three, you can also add costs with a movement journal but it is a more manual process.

upvoted 2 times

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CCexamn

2 years, 10 months ago

It is possible to add cost to an inventory item by using the "Adjustment" feature from Inventory closing. In theory it is a journal and must be posted before it takes effect. But I wouldn't call that an inventory journal...But that is basically the way to change the cost of existing on-hand.

upvoted 2 times

alisag

2 years, 10 months ago

I agree with you.

upvoted 1 times

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JanGralewski

3 years ago

If I had an exam, I would answer: 1) Counting 2) Transfer 3) Movement - as "add cost to an inventory item"; the adjustment journal refers to quantity, not to value.

upvoted 4 times

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JoolsW

3 years, 4 months ago

a movement journal is only required for scenario 3 if there is a requirement to post to a different offset account. A cost can be assigned to an adjustment journal line.

upvoted 2 times

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Sam_spella

3 years, 8 months ago

Based on info provided in the link below, the correct answer is Counting Transfer Adjustment https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/inventory-journals

upvoted 3 times

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Kikomannn

4 years ago

Counting Transfer Movement

upvoted 4 times

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