costing method

Set Up to Restrict Quantity Change at Purchase Order Invoice Form in Ax 2012

This blog is in continuation of following blog where we spoke about costing issue if quantity is changed at purchase order invoice form; To restrict changing the quantity at PO Invoice form at lines level, refer the following set up; Accounts payable – Set up – Accounts payable parameters […]

Why is inventory closing performed & how Ax maintains weighted average costing ?

Q. 1 Why┬áis inventory closing performed? Ans. Inventory closing is performed to reach out to the actual COGS of issued item quantity. This actual COGS make sure the right profit is calculated for the issued quantity. It can be more understanding with the example given in second question of how […]