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Finance | Project Operations, Human Resources, ...
Answered

What is the difference between Preclosing and closing inventory in D365 F&O?

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Posted on by 160

Hi All, Can someone tell me what is the difference between Preclosing and closing inventory?

pastedimage1586210094594v1.png

We are trying to close inventory for current period, the item group use is FIFO. When we run inventory closing we can see the errors in voucher.

But when we are running the Pre closing we only see empty voucher. 

pastedimage1586210263957v3.png

I have the same question (0)
  • Verified answer
    Satish Panwar Profile Picture
    14,673 Moderator on at

    Hi Dynamicsuser365,

    Take a look at existing thread and see if that helps you provide some inputs.

    https://community.dynamics.com/ax/f/microsoft-dynamics-ax-forum/287394/inventory-closing---pre-closing?pifragment-96834=1

  • Dynamicsuser365 Profile Picture
    160 on at

    Hi Sathish thank you for the response is this the reason why we are seeing empty vouchers when running pre closing?

  • Verified answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Good Morning Dynamicsuser365,

    To answer your first question about preclosing:

    One of the major reasons for introducing this were performance considerations to make the inventory close run faster.

    For your second question:

    Preclosing affects non-financial transfers, such as transfer orders that typically do not create a voucher.

    If you run the subsequent 'normal' inventory close, you should see a voucher being created.

    Best regards,

    Ludwig

  • Suggested answer
    guk1964 Profile Picture
    10,888 on at

    Its to reduce the number of settlement records in cost calculations .e.g moving stock from location A to Location B does not change its value.

    So such transactions can be omitted from the closing calculation, which is why there is no voucher, and is also why the  actual close then runs faster.

  • Verified answer
    Ludwig Reinhard Profile Picture
    Microsoft Employee on at

    Good Morning Dynamicsuser365,

    Has your question been answered in regards to this functionality?

    Is there anything else the community can help you with for this specific question?

    Best regards,

    Ludwig

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