Hi All,
Please let me know if anyone have any document/ white paper on how to set up
Costing/Inventory Accounts for a Manufacturing Industry.;
Here is what i want to do/understand:
a. For a Maufacturing Industry, we need to set up Inventory In/ Out, Packing
Slip In/Out Accounts, Physical Purchase and Physical Revenue Booking. Hence
need to understand how we can set up these accounts and later on we also need
to come out with Financial Reports where these Accounts need to be shown
properly as Closing Stock, COGS, Sales needs to be shown in Balance Sheet and
PL Accounts.
b. I also want to understand how these accounts can be represented in Financial
Statements and also how i can close Inventory In and Out Accounts (along with
Packing Slip In and Out in case no Invoice has made) while transferring
balances to the next year. As these will be Balance Sheet Accounts, the balance
will keep on getting accumulated every year and hence we may required to do
some net off between these accounts.
c. Any help on setting up/ transactiong during Manufacturing process will also
be appreciated. Manufacturing of FG will actually have both direct and indirect
cost and i would like to understand how the cost will behave in case of
indirect cost as we will also be booking indirect cost based on Invoices
received from many vendors and then we need to allocate these indirect expenses
in Manufacturing/ Production Order.
Your immediate help will be appreciated.
Thanks
--- On Wed, 7/1/09, kardo_ax <kardo...@yahoo.com> wrote:
From: kardo_ax <kardo...@yahoo.com>
Subject: [Axapta-Knowledge-Village] Invnetory costing and valuation documents?
To: Axapta-Knowledge-Village@yahoogroups.com
Date: Wednesday, July 1, 2009, 2:49 AM
Hi there,
Does anyone have any documents about inventory costing and valuation and the
costing methods in AX 2009?
Cost accounting is it related to inventory costing? is it the document needed?
thanks
