Standard cost revaluation in AX 2012

Costs (if you are using Standard cost model) are maintained in the item price form: Product information management > Released products > Manage costs tab > Item price button.

There are three types of costs:

1. Cost: is be used for inventory management
2. Purchase price: is be used for default value on purchase orders
3. Sales price: is be used for default value on sales orders

Once you have activated a new cost, revaluation of on-hand inventory will be done.

Let’s look at the GL transactions for revaluation on-hand inventory along different types of underlying sources of inventory.

1. Inventory adjustment
2. Purchase order + packing slip + invoice
3. Sales order + packing slip + invoice

Inventory adjustment transaction

Let’s check the case when we have several transactions.

Purchase order invoice transaction.

Let’s say that we have turned on Negative inventory and On-hand was caused by sales order.

Sales order invoice transaction