Inventory cost with FIFO and the recalculation

· by · in General ledger, Product information management. ·

If you are new to AX and are going to be working with inventory and inventory value then it’s worth taking the time to understand how AX calculates the running cost and what shows on the value reports. In this example let’s walk through the transactions using FIFO valuation for the items.

AX it will keep the running average and then with FIFO the evaluation is done at the close or recalculation.

Here is a walkthrough.

AX2012 R3 CU11.

 

Cheers

Lachlan

 

6 responses to “Inventory cost with FIFO and the recalculation”

  1. Pingback: Inventory cost at different sites | OrganicAX·

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  5. Great video. I have a question on the released item setup. Is the Inventory Model using Weighted Average, Weighted Average Date or Moving Average in your example?

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