RE: [Axapta-Knowledge-Village] DIFFERENCE BETWEEN FINANCIAL AND PHYSICAL INVENTORY VALUES

[Van Den Langenbergh Gunther]

Hi again,   in fact as a addition of my last mail I tested something:   if produced item = standard cost => physical (reported as finished) = QTY (reported as finished) * standard costprice (item) => financial (costing) = total of costs components and route (operations)     see you,   Gulan From: Des Patsourellis [mailto:[EMAIL PROTECTED] Sent: vrijdag 3 december 2004 12:23 To: [EMAIL PROTECTED] Subject: RE: [Axapta-Knowledge-Village] DIFFERENCE BETWEEN FINANCIAL AND PHYSICAL INVENTORY VALUES Thank you for your reply Gulan   There was definitely no change in the cost price between the finished and costing phases as we are testing in a very controlled environment. What do you understand the difference between physical and financial inventory to be ?  We have done further testing and each production order seems to create a variance between these two values. We have also tried switching off the financial inventory posting in the inventory model group,but then nothing is posted to the finished goods and work in progress accounts (posting only happens to the “report as finished” accounts).   Regards Des   From: Van Den Langenbergh Gunther [mailto:[EMAIL PROTECTED] Sent: 03 December 2004 11:06 AM To: [EMAIL PROTECTED] Subject: RE: [Axapta-Knowledge-Village] DIFFERENCE BETWEEN FINANCIAL AND PHYSICAL INVENTORY VALUES   Hi, I'm not sure but I remember that standard costprice also should be recalculated/closed (according to a specified model) Although receipts and issues are posted at standard costprice their could be manual changes to the items costprice. Maybe their was a change in costprice between reported as finished and the time of costing the production order. gulan -----Original Message----- From: despo1812 [mailto:[EMAIL PROTECTED] Sent: woensdag 1 december 2004 14:47 To: [EMAIL PROTECTED] Subject: [Axapta-Knowledge-Village] DIFFERENCE BETWEEN FINANCIAL AND PHYSICAL INVENTORY VALUES Hi everyone, I would appreciate your help on the following: I have created a production order which carries a cost of R191.70 When analyzing the integration entries in the Chart of Accounts I noticed the system posts Physical Inventory to the value of R191.66 and Financial Inventory to the value of R191.25 and posts the difference to Inventory Adjustment Profit. If one is using Std cost why does it generate this difference? Kind regards, ------------------------ Yahoo! Groups Sponsor --------------------~--> Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar. Now with Pop-Up Blocker. Get it for free! http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/kGEolB/TM --------------------------------------------------------------------~-> Sharing the knowledge on Axapta. Yahoo! Groups Links Sharing the knowledge on Axapta. Sharing the knowledge on Axapta. Sharing the knowledge on Axapta. Yahoo! Groups Sponsor ADVERTISEMENT Yahoo! Groups Links To visit your group on the web, go to: http://groups.yahoo.com/group/Axapta-Knowledge-Village/   To unsubscribe from this group, send an email to: [EMAIL PROTECTED]   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.