Bambu Handy filament library

I don’t use Bambu Handy that often. I just use it mostly to monitor print progress remotely. I just noticed that under devices that there is a filament library selection. I’m guessing it’s using and storing the ID tag information from my AMS’s to track and build my filament library?

Correct.

Although, keep in mind that this will not be accurate at all if you are doing any off network prints.