Skip to main content

Notifications

Announcements

No record found.

News and Announcements icon
Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Ax2012R2 Financial cos...
Microsoft Dynamics AX (Archived)

Ax2012R2 Financial cost amount on location

(0) ShareShare
ReportReport
Posted on by AnnGrev

Hello 

If we look at the on hand picture with location as a dimension, we have some items were we have 0 in physically on hand, 0 in physical cost amount but an amount in financial cost amount.

This is if we look at the location level. If we switch to only look at the warehouse level, we have values on all three. (1 in physical amount,100 in physical value and 100 financial cost amount)

It seems like the cost amount is registered on another location than the physical amount.

This means that we get a wrong picture if we look at location level but a correct value in total if we look at warehouse level. Should Ax behave like this? What is the reason? We run weighted average as inventory method. 

Best Regards

Anna Grevsjö

*This post is locked for comments

  • AnnGrev Profile Picture
    AnnGrev on at
    RE: Ax2012R2 Financial cost amount on location

    Hello,

    Thank you , now we understand how to look at this. Location should not be ticked for us on the storage dimension, we have to look at the warehouse level instead. Thanks for the help!

  • Verified answer
    Guy Terry Profile Picture
    Guy Terry 28,621 Super User 2024 Season 2 on at
    RE: Ax2012R2 Financial cost amount on location

    Hi Anna,

    No! Don't tick 'Financial inventory' on Location - I just wanted to know about your setup.

    Ticking 'Financial inventory' means you want AX to track costs at this dimension. I have never seen a scenario where it was appropriate for an item's running average cost to be different because it was in a different location.

    I believe you would only need to do an inventory close to clear an example, but of course a new example may appear later. I think the point is that this is not normally a problem. When using the On hand inquiry to look at inventory costs, you would normally use 'Dimension display' to enable only the dimensions which have Financial inventory ticked.

  • AnnGrev Profile Picture
    AnnGrev on at
    RE: Ax2012R2 Financial cost amount on location

    Hello!

    Thank you very much for the answer! Only physical inventory is ticked. What does that mean, is the issue solved simply by ticking this box?Probably I should have no open transactions and close the inventory first, right? Multiple items are connected to this storage group so I guess they will affected as well...

  • Guy Terry Profile Picture
    Guy Terry 28,621 Super User 2024 Season 2 on at
    RE: Ax2012R2 Financial cost amount on location

    Hi Anna,

    On the Storage dimension group for that Item, is 'Financial inventory' ticked for the 'Location' dimension?

    Have you run Inventory close since the item was moved out of the location (or sold, or whatever)?

Under review

Thank you for your reply! To ensure a great experience for everyone, your content is awaiting approval by our Community Managers. Please check back later.

Helpful resources

Quick Links

December Spotlight Star - Muhammad Affan

Congratulations to a top community star!

Top 10 leaders for November!

Congratulations to our November super stars!

Tips for Writing Effective Suggested Answers

Best practices for providing successful forum answers ✍️

Leaderboard

#1
André Arnaud de Calavon Profile Picture

André Arnaud de Cal... 291,269 Super User 2024 Season 2

#2
Martin Dráb Profile Picture

Martin Dráb 230,198 Most Valuable Professional

#3
nmaenpaa Profile Picture

nmaenpaa 101,156

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans