post physical inventory and financial inventory

Finance and Operations/AX User Forum
1

Dear All,

Does any one know what will happen in module production if the posting phisycal inventory and financial inventory is not selected in item model group ?

Is it required ?

In what kind of condition that both of them should be selected ( espesiallly in production site) ?

Thanks in advance

Regards

Rudy

2

Parent or component?

Parent - Financial. it would mean it does not cost at the unticked level, so if you do not cost at warehouse it holds cost by sit.

Component - It will cost at the level defined again.

Parent - Physical not checked will book no physical stock in, but it has to be ticked by site so it will not matter

Component - It checks you have enough stock, so if you are consuming from WH1 in Site1 and need 10 but have 0 but at the same time have 10 in your reject warehouse in Site 1 but you did not check physical by warheouse it would let you consume 10.

3

Hi Adam,

Thanks for your reply.

Is it parent a finish good ?.

For financial inventory, i still don’t understand the effect if i clear in financial inventory in item model.

Thanks in advance

Regards

Rudy

4

Yes parent is a finished item

Create 2 Items, costing method FIFO. Flag 1 as financial at Site and Warehouse, flag the other as just financial at site.

Do the following for both items.

  1. Raise a purchase order for the item with 2 lines.
  2. First line book into site 1 warehouse 11 and book it in at $5
  3. Second line book into site 1 warehouse 12 (or another in 1 not 11) and book in at $10

Now go to the onhand screen and show the site and warehouse dimensions. In each case you have 1 in stock.

Look at the cost field. Item 1 will have a cost of $5 at warehouse 11 and $10 at 12 as you are costing by warehouse.

Item 2 will have a cost of $7.50 bacause you are not costing be warehouse, just site and at the site you have 2 at $15 total which is $7.50