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Microsoft Dynamics AX (Archived)

Change item from standard cost to weighted avg.

Posted on by Microsoft Employee

we have done the following

 1.) Complete all transactions for the item (End all production orders, Invoice all Purchase orders or Sales orders. 2.) This should leave no shipped and uninvoiced order lines for the item(s). 3.) Preferably no open lines will ensure new costing model is picked up. 4.) Process and complete inventory close. 5.) Change the model group for the item(s).

but still gets error when try to change the item ,

The item is set to be evaluated by inventory model 'Standard cost'. The system cannot convert the item to be evaluated by an inventory model of type 'Transactions settled' only inventory models of type 'Transactions not settled' can be selected.

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  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Change item from standard cost to weighted avg.

    Hello Ray, 

    I want to Know If you could change the model cost for the items from standard cost to weight average?

    I have the same situation and I need to do the same. I have doubts if I do this steps the system in the next closing process will work fine or I can have some problem.

    I will apreciate you if you can help me.

  • Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Change item from standard cost to weighted avg.

    Hi Rahul,

    Can you please send me a screen shot for the zero out in financial and physical and sample script that you are talking about.

    Thanks,

    Ray

  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    RE: Change item from standard cost to weighted avg.

    Hi Ray,

    The standard costing model does not do any settlements with receipts or issues and hence does not need inventory closing.

    While Weighted average, needs settlements and inventory closing.

    Add 1 more step to your list of task to zero out the inventory and ensure no quantity and no cost amount (for both financial and physical) and then use a script to change the model group to weighted average.

    Regards

    Rahul Mohta

    Independent Advisor for Microsoft Dynamics AX

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