Definition of Physical cost, Financial cost and Settlement cost

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Posted on by rgcarney

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Can someone provide the "definition(s)" of Physical cost, Financial cost and Settlement cost as it is displayed in Inventory and warehouse management > Inquiries > Transactions > Transactions ... in the Update tab.

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André Arnaud de Cal... 297,389 Super User 2025 Season 2 on at

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RE: Definition of Physical cost, Financial cost and Settlement cost

Hi Edward,

You are replying to an old thread with a different question. Please don't change the topic of an original question. Can you create a new question on this forum?

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EdwardMwalo 5 on at

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RE: Definition of Physical cost, Financial cost and Settlement cost

why do we have stock sitting with negative values on the stock file

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rgcarney 105 on at

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RE: Definition of Physical cost, Financial cost and Settlement cost

Andre -

Thank you. Very much appreciated.

Rich

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André Arnaud de Cal... 297,389 Super User 2025 Season 2 on at

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RE: Definition of Physical cost, Financial cost and Settlement cost

Hi,

The Physical cost is the cost price related to the value at time of receipt or issue the goods.

The Financial cost is the cost known at time of invoicing the goods.

The settlement is related to inventory closing.

You can download a whitepaper where you can read more about the inventory costing:

www.microsoft.com/.../details.aspx

The document is based on AX2009, but is still valid for AX2012.

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