weighted average

What are inventory models in Ax 2012

This entry was posted in 2012 Dynamics Ax Inventory and tagged Ax 2012 Dynamics Ax Dynamics Dynamics Dynamics 2012 Dynamics Ax Dynamics Ax Learning Dynamics Ax Training FIFO Inventory models LIFO LIFO Date Standard cost weighted average Weighted average date on by

There are many inventory model options available in Ax. Companies select inventory model of their choice based on their business nature. Let’s have a look on available inventory models in Ax and their meaning;                 In the following example, we can understand how […]

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

This entry was posted in 2012 Dynamics Ax Inventory and tagged AX 2012 costing method Dynamics Dynamics 2012 Dynamics Ax Dynamics Ax Learning Dynamics Ax Training Inventory closing weighted average on by

Q. 1 Why is 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 […]