Kevin, thanks for taking a look at this for me.
I have an item that is set up for standard cost, it has transactions, but the current on hand inventory is zero and there are no open sales orders, purchase order or production orders.
When I try to change it to FIFO is when I get the error.
In searching online to get some help I came across this information:
The error message you've mentioned indicates that you're trying to change the inventory model of an item from 'Standard cost' to 'Transactions settled' in Microsoft Dynamics 365 Finance and Operations (formerly Dynamics AX). However, the system doesn't allow this conversion because the 'Transactions settled' inventory model is only compatible with inventory models of type 'Transactions not settled'.
So it looks like I will not be able to switch from Std Cost to FIFO Costing, unless there is a solution I am not finding.
All I have found is to zero out the current inventory, create all new items, and import beginning balances.
