Q:
A company uses Dynamics 365 Finance. The company logs all fixed assets in the Dynamics 365 Finance app.

The accounting department plans to move 10 of its printers to the data entry department. The printer assets must be transferred in the system to the new department, including asset depreciation.

You need to set up the system for the transfer.

What should you do?

A Reclassify the printers.
B Run the Fixed assets roll forward report.
C Set the assets as derived books.
D Set up asset leasing.

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Answer: A

Explanation:

This item tests the candidate’s knowledge of fixed assets. Fixed assets are part of the Dynamics 365 Finance module and can be used to reclassify fixed assets.

When you reclassify fixed assets, all the dates in the Depreciation run date field are copied from the original asset information. If the depreciation has already started, the Date when depreciation was last run field displays the date of the reclassification. The Fixed assets roll forward report exports the detailed fixed assets data that you require for period closing, financial statements, and tax reporting to an easy-to-read Excel format. You set assets as derived books to simplify the posting of fixed assets book transactions that are planned for regular intervals. Asset leasing is an advanced capability for managing, tracking, and automating financial transactions for leased assets.

Configure fixed assets management in Dynamics 365 Finance - Training | Microsoft Learn

Reclassify fixed assets - Finance | Dynamics 365 | Microsoft Learn

Exam MB-920: Microsoft Dynamics 365 Fundamentals (ERP) MCQ

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