Re: [Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method (urgent)
Hi, The transactions already being settled is not a part of this process, Only the transactions which are open gets effected with the new price and the new model. Because after changing the costing method, the system will settle the inventory only with the open inventory transactions. Before changing the inventory model group, close the inventory. All of the existing inventory transactions are at std cost price so no adjustment entry gets passed. After this change the model group to FIFO. Existing entries are already there with the std price and new entries will come at new purchase price. At the time of consumption system will calculate the costing with the FIFO method. Regards, Mukesh On Mon, Mar 23, 2009 at 2:19 PM, Axapta Consultant consultant.axa...@yahoo.com wrote: Yes I am using AX 2009, I have followed the following procedure, but still the following messages is poping up on change of costing method. The item is set to be evaluated by inventory model ‘Standard cost'. The system cannot convert the item to be evaluated by an inventory model of type ‘Transactions settled’ only inventory models of type ‘Transactions not settled’ can be selected. Kindly help me out in this regard ASAP. Thanks -- *From:* edwardjosling edwardjosl...@hotmail.com *To:* Axapta-Knowledge-Village@yahoogroups.com *Sent:* Sunday, March 22, 2009 12:43:32 PM *Subject:* [Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method Hi There I assume you are refering to Ax2009? I would suggest trying the following: - Make inventory zero - Do closing to settle all transactions (not sure if this would be necessary?) - Change model group to FIFO - Bring all inventory back in Other things to consider would be the costing version the item pricing is attached to. Not sure if that also should be closed? Regards Eddie --- In Axapta-Knowledge- vill...@yahoogro ups.comAxapta-Knowledge-Village%40yahoogroups.com, Axapta Consultant consultant. axa...@.. . wrote: Hi, How can I change the inventory model group from Standard Cost to FIFO of an Item which has got transaction and price is enabled with Standard Cost. If I change the inventory model group it prompts following message The item is set to be evaluated by inventory model Standard cost. The system cannot convert the item to be evaluated by an inventory model of type Transactions settled only inventory models of type â˜Transactions not settled can be selected.  I'll be thankful for quick response and solution.. Thanks -- Mukesh Mutreja # 09818421567
[Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method
--- In Axapta-Knowledge-Village@yahoogroups.com, nidhi magon hi... I feel you need to close all the open orders for this. You can try this... PRASANNA nidhimagon_...@... wrote: Hi, Check Inventory model parameters. I think you use inventory adjustment . your problem will be solved..  --- On Sun, 3/22/09, Axapta Consultant consultant.axa...@... wrote: From: Axapta Consultant consultant.axa...@... Subject: [Axapta-Knowledge-Village] Changing Inventory Valuation Method To: Axapta Knowledge Village axapta-knowledge-village@yahoogroups.com Date: Sunday, March 22, 2009, 2:37 PM Hi,  How can I change the inventory model group from Standard Cost to FIFO of an Item which has got transaction and price is enabled with Standard Cost. If I change the inventory model group it prompts following message  The item is set to be evaluated by inventory model âStandard cost'. The system cannot convert the item to be evaluated by an inventory model of type âTransactions settledâ only inventory models of type âTransactions not settledâ can be selected.  I'll be thankful for quick response and solution.  Thanks Â
Re: [Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method (urgent)
Yes I am using AX 2009, I have followed the following procedure, but still the following messages is poping up on change of costing method. The item is set to be evaluated by inventory model ‘Standard cost'. The system cannot convert the item to be evaluated by an inventory model of type ‘Transactions settled’ only inventory models of type ‘Transactions not settled’ can be selected. Kindly help me out in this regard ASAP. Thanks From: edwardjosling edwardjosl...@hotmail.com To: Axapta-Knowledge-Village@yahoogroups.com Sent: Sunday, March 22, 2009 12:43:32 PM Subject: [Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method Hi There I assume you are refering to Ax2009? I would suggest trying the following: - Make inventory zero - Do closing to settle all transactions (not sure if this would be necessary?) - Change model group to FIFO - Bring all inventory back in Other things to consider would be the costing version the item pricing is attached to. Not sure if that also should be closed? Regards Eddie --- In Axapta-Knowledge- vill...@yahoogro ups.com, Axapta Consultant consultant. axa...@.. . wrote: Hi, How can I change the inventory model group from Standard Cost to FIFO of an Item which has got transaction and price is enabled with Standard Cost. If I change the inventory model group it prompts following message The item is set to be evaluated by inventory model Standard cost. The system cannot convert the item to be evaluated by an inventory model of type Transactions settled only inventory models of type â˜Transactions not settled can be selected.  I'll be thankful for quick response and solution. Thanks
[Axapta-Knowledge-Village] Re: Changing Inventory Valuation Method
Hi There I assume you are refering to Ax2009? I would suggest trying the following: - Make inventory zero - Do closing to settle all transactions (not sure if this would be necessary?) - Change model group to FIFO - Bring all inventory back in Other things to consider would be the costing version the item pricing is attached to. Not sure if that also should be closed? Regards Eddie --- In Axapta-Knowledge-Village@yahoogroups.com, Axapta Consultant consultant.axa...@... wrote: Hi, How can I change the inventory model group from Standard Cost to FIFO of an Item which has got transaction and price is enabled with Standard Cost. If I change the inventory model group it prompts following message The item is set to be evaluated by inventory model âStandard cost'. The system cannot convert the item to be evaluated by an inventory model of type âTransactions settledâ only inventory models of type âTransactions not settledâ can be selected. Â I'll be thankful for quick response and solution. Thanks
