Dear ALL,
I want to know that How kanban cost calculation done in AX 2012.
From the manual [:D]
Key Costing Features
A summary of some key costing features includes:
· All items produced or consumed in a production flow are standard cost controlled.
· Work in process (WIP) is tracked by production flow.
· When the update on hand receipt flag is selected for a process activity, finished products are moved out of the production flow and into inventory at their standard cost.
· The update on hand activated flag must be selected when you are supplying or consuming materials for activities at the start or end of a production flow or if transferring materials between sites. This relieves inventory of the components at their standard cost and places the finished item in inventory at its standard cost.
· When the update on hand receipt flag for a process activity is cleared, the value of received product remains in WIP of the production flow. The value will be moved out of WIP when the goods are transferred or consumed by the succeeding activity in the production flow.
· A product’s standard cost can be computed according to the production flow definition for the product and the standard costs that are associated with the required resources.
· Periodic costing computes the total cost of resource use for the period and clears work in progress. The system computes variances to standard cost for the period and production flow by comparing total cost of resource use against the total completed goods for the period at standard cost.
Thank you sir !!
I will try…[;)]