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Dynamics 365 Community / Forums / Microsoft Dynamics AX (Archived) / Inventory account
Microsoft Dynamics AX (Archived)

Inventory account

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Posted on by lally 8

Hi All,

In AX 2012 CU7 , we have budget control (validation) on Profiut & Loss accounts only.

My question is  can i validate the defined budgets for balance sheet accounts at the time of transaction posting.

My requirement is that, i need to have budgets over my Inventory receipt account and need to track that it is not getting exceeded at the time of Purchase request.

I am aware that budgetary control is available for purchase request/order,. but  here my question is whether that can be controlled through balance sheet  account.

On invoicing the purchase order, the entry that will posted will be the below

Inventory Receipt a/c Dr

Sundry creditors(payables) a/c Cr

So i need to have budget on my Inventory receipt account and have control over that.

It would be great if some one can provide answer on this or anywork around to control inventory account.

Thanks in advance.

 

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  • Suggested answer
    Community Member Profile Picture
    Community Member on at
    RE: Inventory account

    How do you want to handle the control over a balance sheet account at the moment of purchase request? No booking has take place yet.

    And on which account would you do this, the product receipt account or the purchase expenditure for product? So at the moment of actual receipt or the moment of invoicing? Because if it is the moment of invoicing you are too late for your budget, because you have accepted the goods and I assume even confirmed the purchase order.

    On the other hand, if you want control on the moment of receipt, what will your budget be? Because this account is only temporary value until you receive the invoice. (then it will be reversed again)

    So I am not sure what you want to accomplish.

  • lally Profile Picture
    lally 8 on at
    RE: Inventory account

    Hi All ,

    Could any one help how to achieve my requirement ?

    Thanks in advance

  • André Arnaud de Calavon Profile Picture
    André Arnaud de Cal... 299,399 Super User 2025 Season 2 on at
    RE: Inventory account

    Hi Lally,

    Probably you have to answer Carla's questions first. I agree with her. I also don't understand the exact requirement.

  • lally Profile Picture
    lally 8 on at
    RE: Inventory account

    Hi All ,

    My requirement is that, i need to have budgets over my Inventory receipt account and need to track that it is not getting exceeded at the time of Purchase request. ?

    Could you all share how to achieve this scenario in Ax 2012 ?

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