Inventory cost with FIFO and the recalculation

If you are new to AX and are going to be working with inventory and inventory value then it’s worth taking the time to understand how AX calculates the running cost and what shows on the value reports. In this example let’s walk through the transactions using FIFO valuation for the items.

AX it will keep the running average and then with FIFO the evaluation is done at the close or recalculation.

Here is a walkthrough.

AX2012 R3 CU11.





Filed under: General ledger, Product information management