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MB6-702 · Question #65

You are implementing fixed assets for your company. The company requires the following business process for creating assets: 1. A worker completes a capital expenditure form and submits it to the…

The correct answer is A. Configure the Business rule for fixed assets determination rule. D. Set the Check for fixed assets creation during line entry parameter to true. A: Creating business rules for fixed assets determination This helps identify a purchase to a potential fixed asset based on a monetary threshold of the purchase price or selection on a procurement hierarchy when doing a purchase requisition. D: Field: Check for fixed assets…

Set up and Configure Fixed Assets

Question

You are implementing fixed assets for your company. The company requires the following business process for creating assets: 1. A worker completes a capital expenditure form and submits it to the accounting department for review and approval. 2. After the form is approved, the asset is created. 3. A purchasing agent creates a purchase order and submits it to the vendor for processing. 4. When the invoice is received from the vendor, the accounts payable clerk processes an invoice to acquire the asset. No other users are allowed to process the acquisition. You need to configure Microsoft Dynamics AX to meet these requirements. Which two configurations should you complete? Each correct answer presents part of the solution.

Options

  • AConfigure the Business rule for fixed assets determination rule.
  • BSet the Create asset during product receipt or invoice posting parameter to true.
  • CConfigure a user group for the Restrict asset acquisition posting to user group parameter.
  • DSet the Check for fixed assets creation during line entry parameter to true.
  • ESet the Allow asset acquisition from Purchasing parameter to true.

How the community answered

(26 responses)
  • A
    77% (20)
  • B
    4% (1)
  • C
    15% (4)
  • E
    4% (1)

Explanation

A: Creating business rules for fixed assets determination This helps identify a purchase to a potential fixed asset based on a monetary threshold of the purchase price or selection on a procurement hierarchy when doing a purchase requisition. D: Field: Check for fixed assets creation during line entry Select this check box to verify that a fixed asset is eligible based on existing fixed asset rules. If this option is selected, the fixed asset group is set on the purchase order line, according to the defined fixed asset rules, when the purchase order line is created.

Topics

#fixed asset acquisition#business rules#user group restriction#capital expenditure

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