I am having problems with my inventory value report. I have ran the report for the previous month (April) on the 1st of May. I have just ran it again for April and now the values have changed. Does anyone know why this would happen? Is it to do with financials not being updated from the previous month until now?
Can’t seem to get my head round this so any help would be appreciated.
Thanks
Steve
Hi Steve
There are reasons why it will change, you should probably pick on one that you know has changed. In essence you are correct, the period will remain open for accounts to process purchase invoices dated in April but received in May, then there are other possible adjustments. These get pushed through as April transactions so will impact on the valuation as you run it.
However you have not said the exact issue, or indeed your version of AX, or your costing method, so I can only suggest picking one you know has moved, and then start by looking at the inventory transactions and what was processed in the last week to ascertain if the example I have given is the cause. If you manufacture the purchase cost will also be pushed through to those transactions as part of the update procedure.