Q:

A company implements the Dynamics 365 Supply Chain Management inventory module.

The company must use inventory journals for item-related transactions.

You need to recommend inventory journal types for the company to execute inventory transactions.

Which two journal types should you recommend? Each correct answer presents a complete solution.

This item tests the candidate’s knowledge of inventory journal types.

A counting journal is created to register the actual stock count of an item in a warehouse or specific location of a warehouse. These numbers are matched with the on-hand item quantity in the ERP. In the financial consolidation process, you can use an elimination journal to eliminate a transaction to be part of consolidation. You need to configure the ledger elimination rule to use this journal. Allocation is a part of Dynamics 365 Finance. You can create allocation transactions in an allocations journal. You need to create a ledger allocation rule to use this journal. Elimination is a part of Dynamics 365 Finance. In the financial consolidation process, you can use an elimination journal to eliminate a transaction to be part of consolidation. You need to configure the ledger elimination rule to use this journal. Hour journals are a part of Dynamics 365 Project Operations. You use an hour journal to register hours spent on a project.

Configure ledgers and journals in Dynamics 365 Finance - Training | Microsoft Learn

Get started with the features in Dynamics 365 Project Operations - Training | Microsoft Learn

Count inventory in a warehouse - Supply Chain Management | Dynamics 365 | Microsoft Learn

Transfer physical inventory within the warehouse - Supply Chain Management | Dynamics 365 | Microsoft Learn

Ledger journal types - Finance | Dynamics 365 | Microsoft Learn

Set up project journal options | Microsoft Learn