Get Get started with inventory management in Microsoft Dynamics 365 Business Central Microsoft Quiz Answers
Do you buy and sell inventory items? If you do, this module will discuss how to create items and enter quantities.
Prerequisites:
- Basic understanding of how to navigate in the Microsoft Dynamics 365 Business Central application.
- Basic knowledge of inventory processes.
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Module 1: Create items in Dynamics 365 Business Central
Do you want to know how to create items in Business Central? This module explains how to set up inventory items, and items of the type service and non-inventory items.
Learning objectives:
In this module, you will:
- Understand the different item types
- Create a new item
- Copy an item
- Enter the unit cost and unit price for an item
- Set up an item template
Prerequisites:
- Basic understanding of how to navigate in the Dynamics 365 Business Central application.
- Knowledge of the sales and purchase processes in Business Central.
This module is part of these learning paths:
Quiz 1: Check your knowledge
Q1. You have configured one item template, which is the only one that exists in the Business Central company you that are working in. What happens when you create a new item?
- When you create a new item card, a page will appear, where you can select an appropriate template.
- You must create the item manually because you need to have at least two item templates before you can use them.
- If you only have one item template, you need to enter it in the Item Template Code field on the Inventory Setup page.
- If only one item template exists, new item cards will always use that template.
Q2. Some of the company’s bills of materials use bolts and screws as components. Tracking inventory values and quantities isn’t necessary; however, the bolts and screws have fixed bins in the warehouse and the warehouse employees should be able to put away and pick them. How would you set up the item cards for the bolts and screws?
- Because you do not need to track inventory quantities and values, you can use non-inventory items for the bolts and screws.
- Because you do not need to track inventory quantities and values, you can use non-inventory items for the bolts and screws. However, because you want to track them in the warehouse, you must set up stock keeping units for the locations in which you want to track them.
- Because you do not need to track inventory quantities and values, you can use non-inventory items for the bolts and screws. By entering a bin in the Bin Code field on the item card, the non-inventory item can be tracked in the warehouse.
- You must set up inventory items for the bolts and screws because only items of type Inventory can be tracked in the warehouse.
Module 2: Adjust inventory in Dynamics 365 Business Central
Do you want to learn how to adjust inventory and count items? This module explains how you can use the item journals to adjust, count, and reclassify items.
Learning objectives:
In this module, you will:
- Adjust an item’s stock.
- Post negative and positive adjustments from the item journal.
- Prepare the physical inventory count.
- Adjust inventory based on the physical count.
- Reclassify items between locations and dimensions.
Prerequisites:
Basic understanding of how to navigate in the Microsoft Dynamics 365 Business Central application
This module is part of these learning paths:
Quiz 1: Check your knowledge
Q1. Which one of the following selections is a special characteristic of the item reclassification journal?
- Posting item reclassification journal lines creates item ledger entries of type Positive Adjmt. and Negative Adjmt.
- Posting item reclassification journal lines changes an item’s quantity on hand.
- It creates two item ledger entries for each posting.
- You can use it to rename items.
Q2. When putting away an item in the warehouse, you notice that one unit of item 1908-S (London Swivel Chair) was damaged. What is the best way to adjust the inventory for this item?
- Use the item journal to post a line of type Negative Adjmt.
- Use the item journal to post a line of type Sale.
- Use the item reclassification journal to post a line of type Negative Adjmt.
- Use the item reclassification journal to post a line of type Sale.
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