Inventory Movement reverse transaction

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Posted on by Community Member Microsoft Employee

many user mistakes are happening during movement journal entries, but how to reverse them?!

if you are doing a movement transaction with negative sign then the cost amount is taken automatically from the warehouse cost, and if the movement transaction is with positive sign then the system allows you to edit the cost and enter this item to your warehouse with any cost desired.

how to modify the last quantity, or prices and change the cost amount price . before the transaction

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André Arnaud de Cal... 291,391 Super User 2024 Season 2 on at

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RE: Inventory Movement reverse transaction

Hi Khumasia (and Dwij),

The answer of Dwij works correctly for product increases. Negative quantities (reductions) will not show up in this feature. For these reductions you can use the Marking button to mark specific transactions which "belongs" to each other. If you are not running standard cost or moving average you also have to recalculate and periodically close the inventory.

The marked transactions will have priority for the recalculation. The remaining transactions will follow the inventory model (e.g. fifo).

@Lally: There is a whitepaper which explains the moving average: www.microsoft.com/.../details.aspx
lally 19,790 on at

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RE: Inventory Movement reverse transaction

Hi CHANDNA ,

What is the advantage of New method Moving Average and how Moving Average differs with weighted Avg in Axapta ?
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Community Member Microsoft Employee on at

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RE: Inventory Movement reverse transaction

Hi,

I guess you are talking about the scenario where the Inventory valuation method is not standard costing. In this scenario, there is no 1 step and EASY way to resolve the errors made for +ve movement journals because of the reason you mentioned above i.e. once you reduce quantity it will take system generated cost price. Hence by doing so, you would have corrected the quantity or physical inventory part, but the financial inventory is still not correct. Once you have corrected the quantity, you would need to pass a cost adjustment entry by using on-hand adjustment from Periodic > Closing and adjustment. select Adjustment > on-hand. In this screen click Adjustment > Item cost price.

Note: I have always had issues working with above in AX, as I face issues in populating transactions in above screen for correction!! Any experts can comment here.

Thankfully there is a new valuation type Moving average in AX2012. For this they have a new type of adjustment periodic entry called "Revaluation of moving average". Which just gets the thing done.