Hi Jim,
temporary (before closing or recalculation) your value will
be wrong in many cases:
f.i.
suppose you buy and invoice 100 pieces of an item at $20 a
piece. (there is no history before this point)
later you buy again 100 pieces at $40 a piece but they are
only received , not invoiced.
First thing: AWP is always used temporary (before
recalculation/closing)
You
sell 50 pieces.
You could think that temporary 50 pices are drawn at
$30 (because of temporary AWP)
This is not true. When "physical value" is off
(inventory model group) these 50 will be drawn at $20 because the last 100 don't
have financial price (because no invoice), so it doesn't add to the AWP for the
moment.
If you recalculate/close after the last 100 are
invoiced it will correct the AWP to $30 and so also the issue of 50
pieces.
Try it for for many examples, it is always a case of:
"stock can be issued before all financial value is known, so it is issued a a
wrong price".
So you see that recalculation is necessary also if
you chose AWP.
So the rule is: invoice prices (for purchases) and cost
calculation (for production) sets the financial value for incoming stock and
because you could have issue transactions before you know the definite price for
stock you will always have to
recalculate/close
hope this helps,
greetz,
Gunther Van den Langenbergh
(Belgium)
From: Jim Jo [mailto:[EMAIL PROTECTED]
Sent: donderdag 16 september 2004 8:10
To: [EMAIL PROTECTED]
Subject: [Axapta-Knowledge-Village] Inventory Closing
Hi all ..
May be this could be a foolish !
Correct me if am wrong !
Costing method used - FIFO !
From my understandin when you do a recalculation Axapta adjusts the inventory values of those items which were drawn from the inventory on average cost price to the cost price by lot id.
Jus curious .. why cannot it be done while doing the transaction itself.
And if you use the weighted average costing method there wont be any settlements proposed when you do a recalculation.
Please comment !
Regards
Jim.
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