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Session Id :
Microsoft Dynamics AX (Archived)

Inventory Closing - On hand adjustment, Fiscal period not open.

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Posted on by 77

Hi Everybody,

We have done a inventory closing on 2018-05-31 but later discovered that some on hand items have a too low cost price.

We want to change this to the correct cost price but it doesn't work. See detailed description below.

In the Inventory management we go to "Closing and adjustment".

We select the closing and go to "Adjustment  / on hand"

inventory-close-1.PNG

In the next form I find the (weighted average) product  I want to adjust the cost price of by using the Select menu.

My product is then showed.

I got 85 on-hand and the cost price is 0,20. The real cost price should be 15,34 and I enter this in the form.

inventory-close-22.PNG

Then i click "Post".

In the adjustment of on-hand inventory I select "Item number".

inventory-close-3.PNG

When clicking ok I get the message that "Fiscal period for 2018-05-31 is not open."

inventory-close-4.PNG

I don't understand this message.

The inventory is closed, yes I know but why is there menu choice indicating that the value of the on-hand could be changed?

Am I doing something wrong?

 If I should not use this function, how could I change the cost price of on-hand items?

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I have the same question (0)
  • Verified answer
    Daxer Persson Profile Picture
    3,005 on at

    By now (15-06) your finance department has closed the month of May. So you're not allowed to do this (from finance point of view). Either talk with finance to open period of May or, leave cost as is for May and change on e.g. June 1st.

  • Mr W Profile Picture
    77 on at

    Hi Daxer Persson.

    Thank you for your reply. You pointed me in the correct direction.

    The inventory was closed which I of course were aware of since it's was the actual closing that I wanted to update.

    But I didn't had the knowledge about the Ledger Calendar that were set to "on hold" by the Finance department.

    Again, thank you very much! :P

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