Difference between Inventory adjustment, Movement and Transfer Journal in Ax 2012 1


There are 3 types of commonly used journals available under Inventory Transactions in AX 2012 Inventory Journals. These journals are fairly similar in nature. But certain differences make them stand apart.

Movement Journal:

When you use the inventory movement journal, you can add cost to an item when you move the inventory.  You would have to allocate the additional cost to a particular general ledger account manually in this case (i.e. not as per the predefined posting profile). This use of journal is;

  • To bring in opening balances
  • To post additional cost to an offset account different (manually selection) other than the posting profile
  • To intake (increase) or outtake (decrease) the inventory quantity
  • To add cost to an item when you move the inventory.

Inventory adjustment Journal:

In previous version of dynamics Ax, this journal type was used to be specified as Profile/Loss journal. The use of journal is;

  • To intake (increase) or outtake (decrease) the inventory quantity
  • To add cost to an item when you move the inventory
  • To post additional cost automatically to a particular general ledger account according to the Item group posting profile setup

Transfer Journal:

The inventory transfer journal is used to transfer items from one warehouse to another within the company without associating any cost implications to it. This journal is the only one out of the three, where you would have to mention both the FROM and TO inventory dimensions like site and warehouse. The use of journal is;

  • To transfer between stocking locations
  • To transfer between one variant to another variant
  • To transfer from one batch to another batch

 

Happy Learning!

 


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