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ReportHi Experts,
Can anyone explain me the Difference between item model group and item group.
thanks,
Nagarjuna
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Hi Experts,
Can anyone explain me the Difference between item model group and item group.
thanks,
Nagarjuna
Hello Microsoft finance and operations,
Do you need any other information on item model groups and item groups or has your question been answered?
Best regards,
Ludwig
Hi Nagarjuna,
Here is the link to understand in more detail. Item Model Group vs Item Group - AXSoup - Dynamics 365 for Finance and Operations/AX User Group - Dynamics User Group.
Hope this helps.
Thanks,
Sreepriya.
Note: This post is my own opinion and does not necessarily reflect the opinion or view of my company.
Kindly mark this thread 'Yes' if this is answered your query which may help other community members in this forum.
Hi,
If I would have to put the difference in a single sentence then I would say:
Item model groups are used for the valuation of your items according to various principles (FIFO, LIFO, etc.) whereas item groups are primarily used for accounting purposes to define the ledger accounts used when posting items.
You can of course find more information on MS Docs but the previous statement gives you the main difference/usage.
Best regards,
Ludwig
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