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Microsoft Dynamics AX (Archived)

FIFO settlement based on physical date

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Posted on by MinJan 296

Hello everyone, 

Inventory management/Periodic/Closing and adjustment/Recalculation. Recalculation is performed up to 2016-09-30. There is a sales order, which has physical date of 2016-09-30 and financial date of 2016-10-05. When performing recalculation settlement transaction is created, it can be seen on (Inventory management/Periodic/Closing and adjustment/Settlements). Why AX takes into consideration the transaction? I think it should take into account fact that the financial date is from upcoming month. Item's product model group has active parameter "Include physical value" 

Please let me know if you have any remarks or additional information is needed. 

Thank you. 

Kind regards, 

Mindaugas

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  • MinJan Profile Picture
    MinJan 296 on at
    RE: FIFO settlement based on physical date

    Hello André,

    Further testing revealed that the exact scenario is being affected by this parameter. Thank you for your help.

  • Verified answer
    André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 291,661 Super User 2024 Season 2 on at
    RE: FIFO settlement based on physical date

    Hi Mindaugas,

    The field "Include physical value" on the model group is the switch if you want to include physical transactions in the Inventory closing or not. As it is enabled it will consider this transaction.

    When you disable it, there is a chance that you might lose insight in your inventory value. Namely the part where you want to reconcile the inventory value with the ledger account balances. You have to test the behavior then to be sure if you want to disable it.

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