Inventory re-valuation conversion ledger posting account option LIFO to FIFO
It would be nice to future include the option to possibly re-valuate inventory e.g. from LIFO to FIFO and post to a ledger posting (e.g. LIFO Reserved), for purpose of financial reporting instead of posting into the inventory ledger account. Not having this option, the user may process an inve...
Regulating value of on-hand should not be inventory closing date.
Business scenario: Inventory is closed pr august 31 2019 The financial period is closed pr the same date. A user need to adjust the total onhand financial value for a specific warehouse. The user cannot post the change to on-hand value hence the period i stopped in GL. It's not on option to re...
Inventory value report does not end for large amount of data
Issue 228207 Executing the "Inventory value’ report" in Level Transactions on a system with a very large amount of inventory transactions per items runs forever --------- Report should be re-designed to handle more amount of data. In the meantime, if it has a limitation it should show an...
Surcharge on purchase price is not recalculated when posting invoice what impacts when there has been a change in purchase price
The customer has configured a purchase overhead in the costing sheet. When he receives the purchased goods, the overhead is calculated correctly. However, the overhead is not recalculated if he posts the purchase invoice with a different unit price than that on the purchase order. Example He h...
No inventory unit of measure
It really should not be possible to define a cost for an item that has no inventory unit of measure. This is a major loop hole. if you don't realize your item is missing inventory unit of measure, and you set a cost, the item will never transact, obviously. You can't fix the unit either because t...
Inventory devaluation
The accounting standard IAS 2 — Inventories stipulates inventory be held at actual cost using the valuation method weighted average/FIFO or net realisable value, whatever is the lowest. This means an inventory item could be purchased at $10 and then its value could drop to $8 ...
Thank you for your feedback. We need some more details to understand your suggestion better. Can you please help us by answering the following questions?
When you evaluate inventory by actual cost (FIFO, WA) you have the option to perform an On-hand adjustement as of Inventory close date. This allow you to adjust the Inventory value without effecting the quantity in inventory.
Sincerely,
Anders Even Girke
PM, Microsoft
Overhead rate used at assembly order level (document level)
It should be possible to use overhead rate at document level and not only at item card level. At the Moment, we can add the overhead rate at assembly order. After posting, we have a value entry with type = Indirect Cost. Thats correct. But after starting the adjust cost batch, the indirect cost i...
Remove requirement for GL account to be specified for ALL, for inventory close
In version 10.0.4 validation was introduced to ensure posting for item code ALL has been setup, when running inventory close. The following error message will result if you don't have posting for ALL. Setup of fallback ledger account with item code all for Inventory expenditure, profit is not...
Allow Standard Conversion of Formula items
We are currently attempting to convert our item master from Actual to STDCOST. Unfortunately as we are testing we encountered an error on the conversion of our item which are formulas. We are a chemical company and this a serious and critical issue for us as we are attempting to convert for May ...
New Report -Inventory Valuation Report-
Hi This is Ryo, one of MS MVP for Business Applications, working at Pacific Business Consulting, Inc. Tokyo Japan. Actually, most of our AX/FO Customers require to have "Inventory Valuation Report", which should show Item(product/WIP/material etc) level Qty & Values breaking down at least ...
https://docs.microsoft.com/en-us/dynamics365/unified-operations/dev-itpro/analytics/cost-management-content-pack
A lot of the requested information is now possible to get via the embedded Power BI for Cost management
Administrator
A new way to execute the Inventory value report has been implemented. The name is Inventory value report storage. This new way of execution supports much higher vol. of data. Additional a Data entity allows export to Excel