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

Inventory value report - deprecated and replaced by report with no totals!!! Horrible!!

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Posted on by 1,261

It looks like I'm late to learn about this deprecation of our one and only report used by finance for inventory reconciliation: Inventory value report. 

I configured the new Inventory value storage report - to find out that all most important and valuable pieces of information (to finance person) has been removed. 

1) TOTALS!!!!!  I understand it's always about the performance - but what about not making the month end even harder by removing totals from an already tedious process - inventory reconciliation

2) Comparison to GL accounts!! This was a very cool feature that could show to the user, immediately, if inventory is tight to the GL. Without doing the aerobic through both modules. 

Why I am very disappointed is this summer I spent months addressing the inventory to GL for 3 customers, some cases where inventory was off since the go-life by millions.. 

If it wasn't for that report (mainly, not only) with TOTALS and GL comparison, that helped me guide a full operation and dev team to correct corrupted data and balance to zero years of mess. I wouldn't have the necessary basic tools to complete the task and be successful at it. The very sad part is that I transferred my knowledge to clients and today they understand how to monitor Inventory physical value to GL value thanks to these features, that will no longer exist. 

Instead of growing, we are regressing? and our month ends will now be even more miserable when it comes to controlling inventory and operations financially? going backwards are we? exporting to Excel and computing or using data entity? Promising.

So what's next to address this? 

I have the same question (0)
  • Suggested answer
    Allen Dejoux Profile Picture
    on at

    Hi Veronika,

    I believe there has been some miscommunication the IVR  will not be deprecated.

    The current message advising deprecation will be removed in 10.0.18

  • Veronika Filonenko Profile Picture
    1,261 on at

    Hi Allen, 

    So we are saying to the same thing. It will be removed. 

    10.0.18 is not far away. Couple months? I'm already on 10.0.15.

    2021_2D00_01_2D00_04-2_2D00_34_2D00_30-PM.jpg

  • Allen Dejoux Profile Picture
    on at

    Correct, the message/info box that you currently see will be removed in 10.0.18.  GA in April 2021

    docs.microsoft.com/.../public-preview-releases

  • Veronika Filonenko Profile Picture
    1,261 on at

    I'm sorry, Allen, I'm confused now... it's the info that will be removed not the report?

    Why the info in the first place?

    If that is so, you made  my day !

  • Verified answer
    Allen Dejoux Profile Picture
    on at

    The infolog will be removed NOT the report.

    I don't have the exact reason this was added except to ensure user's start using the new IV storage report for large amounts of data/transactions.

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