How does AX calculate the cost price (in the FIFO). I have post physical and post financial ticked. negative financials only.
storage dimensions - site, warehouse and location but physical and financial ticked for site and warehouse only.
When we raise a PO and receive an item (but not yet invoiced), the on-hand quantity is updated but cost amount is nil.
AX doesn’t seem to take the purchase cost of that item into account while calculating the running average cost. Why?
i posted a movement journal for 34 quantity at $750 and it shows 12,750 as financial cost amount.
I received 10 items at $750 and another 10 quantity at $500, showing 12,500 as physical amount. but the cost price shows as $375 why?
34 quantity at $750; 10 at $750 and 10 at $500 - I was expecting the running average to be $467.6 as there is a total 54 quantity.
Appreciate your help. many thanks.