How does Dynamics AX handle cost changes?

Last post 09-13-2007 3:03 PM by DeeCee. 2 replies.
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  • 08-25-2007 3:53 PM

    How does Dynamics AX handle cost changes?

    We are multinational company considering moving away from costly SAP, before making this decision I need to know how AX handles frequent changes of cost?  With frequent currency changes and supplier cost mark down, we always have cost down (or up) before receiving purchase order invoices. 
  • 08-28-2007 5:49 AM In reply to

    Re: How does Dynamics AX handle cost changes?

    Welcome ddfamily! Thanks for joining the community and using the forum. Can you expand upon "how AX handles frequent changes of cost"? And what you are looking for a new solution to do for you? I think I will be able to get you an answer on the capabilities of Dynamics AX if I have some more details regarding your initial question.

    Thanks,
    Shane

  • 09-13-2007 3:03 PM In reply to

    • DeeCee
    • Top 500 Contributor
    • Joined on 09-13-2007
    • Posts 2

    Re: How does Dynamics AX handle cost changes?

     

    Dynamics can be configured to either use standard cost (specified for each item)  or receipt cost. If standard cost is used the cost upon receipt is deducted from the Standard cost used and the difference posted as either profit or loss. If you are not using standard cost Axapta post items at the current receipt price, at the end of a given period issue transactions are value adjusted based on the rules outlined for the given item.

    Hoped that helped in answering the question. If not let me know.

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