Don't miss this solution-oriented class, and learn about:
• Weighted Average, FIFO, and LIFO (emphasis of the class), with less emphasis on Standard Cost.
• Fundamental costing methodology and issues in AX 2009
• Issues vs. Receipts and how AX ties them together
• Physical vs. Financial Inventory, with application of physical costs to inventory calculations
• The impact of enabling Multi Site, and costing with multiple Inventory Dimensions
• Performing calculations using running average costs before Inventory Close
• Understanding Inventory Closing and how to perform cost adjustments
• Using Marking to tie issues and receipts
• Calculations using Inventory Models after Closing.
• Understanding inventory reports
• Reconciling the inventory sub-ledger against the General Ledger
• Pitfalls, such as Inventory Movement Journals and back-posting transactions
Learning Objectives: Understand how inventory costing works in AX 2009, and understand reconciliation techniques.
Instructor: Brian Pond, Pond Consulting
Audience: AX Finance, Inventory Management, or Manufacturing
Level: Beginner
Prerequisites: Basic knowledge of AX Trade & Logistics, order processing, and inventory management.
Preparation: The detailed instructions for connecting and attending the class will be sent a day prior to class. Students have the option of connecting to the class via conference call or VOIP. If using VOIP, a microphone is required to connect, and a headset with a microphone is strongly recommended.
Delivery Method: Group Internet-based
CPE Credits: Earn up to 4 CPE credits. Please request credit via the class survey, which will be distributed after the class. Class participation will be monitored and you will not receive CPE credit for any portion of the class that you do not appear fully engaged.
The AXUG Academy offers the unique ability to learn from recognized experts while sitting at your own desk. AXUG Academy provides an instructor-led learning environment coupled with hands-on training. You can practice the content and apply the curriculum immediately, instead of just watching. Classes are conducted with a combination of a conference call/VOIP, and a remote desktop connection. The detailed instructions for connecting and attending the class will be sent a day or two prior to class.
Note: Preview Members are not eligible for the Premium Member discount.
To maintain an optimal training environment, each person attending the class is required to register separately. If more than one attendee per registration participates, their organization will be billed for the additional attendees. With registration, you agree to the terms related to Distance Learning classes as included here.