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Hi all,
I use weighted avg.
But when I recalculate and closing inventory, issued cost does not update. (PO receipt price is different)
Please tell me know what happen.
Thanks
Phung
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Hi,
Check the setup for Storage Dimension Group Financial Inventory (Yes) for the Item Model Group that the item belongs to. (Product information management > Setup > Dimension groups > Storage dimension groups.)
Inventory close will only revalue financially updated 'Issue' transactions (i.e. invoiced Sales orders), and it will only use financially updated 'Receipt' transactions to do that (i.e. invoiced purchase orders).
If your issue transactions are not financially updated, or if you do not have financially updated receipt transactions, inventory close will not revalue.
Hi Sunder,
The system calculate cost by site.
Hi Guy,
I check cost price of issue transaction that have financial updated.
Can you check settlement from inventory closing and recalculation form ?
Can we see a screenshot of the Inventory transactions for the item, where it is not updating the cost?
HI,
If Financial Inventory is NOT YES for Storage and Tracking dimensions, AX will calculate COGS by Weighted Average by Site only.
Re Guy's comment - its not clear:
Was the price difference updated on the PO before or after the receipt?
Was that receipt financially invoiced before inventory close?
Hi Mahmoud Hakim,
Item occur in settlement, but it the system does not occur any adjustment for this item.
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