labs_icosting - fechamento de estoque

8/6/2019 Labs_Icosting - Fechamento de Estoque

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Exercise 1: Physical and Financial Update

During this lab you will process and analyze the impact of both physical and financial updates

during purchase order processing.

1. Create a new item

Item Number Item Group Item Type Model Group Dimension Group

Lab1 Television Item WA N-W

2. Create a new purchase order and select any vendor

3. Add a line on the purchase order for item Lab1, site 1, warehouse 11, qty 20, price $5

4. Select posting > packing slip. Make sure Quantity = All , then enter a Packing Slip ID >Click OK

5. On the PO line, Select Inventory > Transactions (line status = received for all 20)

6. Select the quantity tab and enter 5 in the Receive Now field

7. Select Posting > Invoice and change Quantity to Receive now.

8. Enter an invoice ID and click OK

9. On the PO line, select inventory > transacti ons (Note that now 15 are received and 5are purchased. 15 remain physically updated, while 5 are now financially updated)

10. Go to the Lab1 item record (Inventory > common forms > item details) and select theOn Hand button.


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11. You will see $75 physical inventory and $25 financial and a quantity of 15 received and5 purchased.

12. Figure 1.1 Item On Hand

*Note This is a common point of confusion. Although all 20 were received, 5 wereremoved from the Received bucket into the purchased status. This same concept will beseen across AX modules and is critical in understanding some important costing concepts.


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Exercise 2: Running Average Calculation

1. Create a new item


Lab2 Television Item FIFO N-W

2. Post a profit and loss journal for the Lab2 item (qty 1 cost 10)3. Post another P/L journal for the Lab2 item (qty 1 cost 20)4. Post one more P/L journal for the Lab2 item (qty -1)5. Once posted, select Inventory > transactions from the P/L line6. The Cost Amount for the Issue transaction is $15. Calculated as (1*10 + 1*20)/2

*Note Although this is a FIFO model item, the issue transaction is valued at the average of

the two receipts that existed at the time of the issue. In a later lab we will discuss how theInventory Close process will tie the issue transaction to the true FIFO cost.

Figure 2.1 Issue transaction valued at running (estimated) average cost


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Exercise 3: Include Physical Value Option

1. Create two new items


Phys Television Item WA_Phy N-W

NoPhys Television Item WA N-W

2. Confirm that the WA_Phy model group > setup tab has the include physical value checkboxmarked and the WA item has it unmarked

Figure 3.1 Include Physical Value

3. Create a PO with two lines, one for each item, with qty 1, price 20. Post the packing slip forboth lines (physical update)


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4. Create another PO with two lines, one for each item with qty 1, price 10. Post the invoice forboth lines (financial update)

5. Create a sales order with two lines, one for each item with qty 1. Post the invoice

6. On the Phys items line, select Inventory > Transactions and note the cost.

Figure 3.2 Physical receipts impact the cost of the issue

7. Repeat for line 2.


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Exercise 5: Weighted Average in AX 2009

1. Create a new item (name = closeLab, model: wa_phy, dimension group: N-W)

2. Post a P/L journal at warehouse 11 (qty 1, cost $10)3. Post a P/L journal at warehouse 11 (qty 1, cost $20)

4. Post a P/L journal at warehouse 11 (qty -1)*Cost will be -$15

5. Post a P/L journal at warehouse 11 (qty 1, cost $40)

6. Close Inventory as of today

7. On the item record, select the Transactions button

*Note - In ax 2009 a new settlement principle is introduced for Weighted Average. Allreceipts within the closing period are summarized into a new inventory transfer

transaction called weighted average inventory closing. You will see 2 transfers. The Issue isremoving all currently open quantities from their original receipts, and the second isbringing them all back in as a summarized receipt. All issues are settled against this newreceipt.

8. Review the update tabs for settlement and notice that the weigh ted average Issue is fullysettled, but the weighted average receipt is not. During the next close, the unsettled portionof this receipt will roll into the next weighted average summary receipt


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Exercise 6: Weighted Average Date in AX 2009

1. Create a new item (name = closeLab, model: wa_phy, dimension group: N-W)



4. Post a P/L journal at warehouse 11 (qty -1)*Cost will be -$15

5. Change the AX date one day ahead.


7. Change the AX Date two days ahead from today


9. Post a P/L journal at warehouse 11 11 (qty - 1)*Cost will be ?

10. Close Inventory as of today

11. On the item record, select the Transactions button

12. *Note - In ax 2009 a new settlement principle is introduced for Weighted Average. Allreceipts within the closing period are summarized into a new inventory transfertransaction called weighted average inventory closing. You will see 2 transfers. The Issueis removing all currently open quantities from their original receipts, and the second is

bringing them all back in as a summarized receipt. All issues are settled against this newreceipt.


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Exercise 7: Understanding Dimension Selections

1. Create two new dimension groups. One that tracks site, warehouse and batch physically andfinancially (BPF). The next should track all three, but unmark physical and financial for thebatch warehouse (B).

Figure 4.1 Dimension group where site, warehouse and batch are active. Batch is not physically or financially tracked.

Figure 4.2 Dimension group where site, warehouse and batch are active. Batch isphysically and financially tracked.


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2. Create two items


BYES Television Item WA BPF

BNO Television Item WA B

3. Create and post the following Profit/Loss journal:

Figure 4.3 Identical receipts

4. Post the following P/L journal:

Figure 4.4 Identical Issues5. Select Inventory > Transactions for both of the journal lines


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*Note For the item that tracks batch physically and financially, the value of the issuetransaction is calculated using only the receipt for Batch A.

*Note For the item that doesnt track batch physically and financially, the value of theissue transaction is calculated using the receipts for Batch A and Batch B. Batch number isactually not considered in the calculation, which is why both receipts are used.

6. Close Inventory as of today7. Review the settlements for this item8. On the item record, select the Transactions button and review the Update tab for the

transactions. For the BNO item, youll find that, although the issue transaction was Batch A,both receipts (Batch A and B) were partially settled against it.


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Exercise 9: Standard Cost Conversion

For detailed information on the standard cost conversion, refer to the whitepaper on thistopic:

http://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=en

Scenario:

The standard cost model is new to AX 2009. For items that have transactions posted withanother model (FIFO, Weighted average, LIFO, etc), the conversion tool will be required toconvert the item to the new standard model.

1. Create a new item:


ConItem Television Item FIFO N-W

ConBOM Television BOM FIFO N-W

ConQitem Television Item FRP_QUAR N-W

2.

Set session date to 9/1/20093. Create a Bill of Materials for the ConBOM item for site 1

4. Add a line with item 6001 at warehouse 11, qty 1

5. Create for a production order for ConBOM, start it and consume the material, then Report as finished, ensuring that the status is Reported As Finished

6. Close inventory as on 9/30/2009

7. Set session date to 10/15/2009

8. Create and Start a new production order for ConBOM

9. Create and Post a Profit/Loss journal for ConItem(site1, warehouse 11, qty 10, cost 100)

10. Create and Post a Profit/Loss journal for ConItem(site1, warehouse 11, qty 10, cost 125)

11. Create a Profit/Loss journal for ConItem, but dont post it (site1, warehouse 11, qty 10, cost 130)

12. Create and post a purchase order for conQitem(site 1, warehouse 11, qty 5, cost 50)

13. Create, start, Report as finished and End a new production order for ConBOM
http://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=enhttp://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=enhttp://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=enhttp://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=enhttp://www.microsoft.com/downloads/details.aspx?FamilyId=F6EA2586-E397-4E93-8297-2B40A6A417EC&displaylang=en


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14. Create a Conversion record as seen below (Administration > Setup > System > Standardcost conversion)

*Note The Costing version used will be created by virtue of its use in thisconversion. It will be conversion type.

15. Add the ConBOM, Conitem and ConQitem to the lower pane of the conversion

*Note you can do this manually with Ctrl+N for each line, or you can use the Add Itemsbutton to add a range of items. For example, you could select Add items and enter Con* asthe item number criteria, and all 3 of our lab items would populate the form.

16. Select the ConBOM item in the conversion record and select Price

17. Click Calculation and enter a selection criteria of the ConBOM item, site 1

*Note the calculation is zero

18. On the conversion record header, select the costing versions button

19. Select Copy to

*note this will pull in all item records existing active cost into the conversion version

20. Add a pending cost for item 6001, site 1, $5

21. Repeat steps 16 and 17 and note that the calculation pulls in a cost of $5

22. Create a pending price for ConItem at site 1, $150

23. Create a pending price for the ConQitem at site 1, $75

24. Run the check (Check button on the conversion header)

*Note We recommend doing this periodically during the transition period


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*Note Error messages indicate that all sites require a pending cost. So, repeat the steps tocreate pending costs for the 3 items at sites 2 and 3

There is also an error message for ConQitem regarding physically posted transactionswhich did not post in ledger. This specific instance of the error relates to our outstanding

quarantine order. This error message will also display if converted items have transactionsother than quarantine that did not post to ledger. Any scenarios outside of quarantineswould require either a Financial update to the transaction that does post to ledger or if thetransaction is already fully posted, some data updates will be required.

25. End the Quarantine order for the ConQitem

26. Re-run the check (No errors)

27. Advance the session date to 10/30/2009

28. On the conversion record, select Update > ready

*Note You will receive a Warning message about the unposted journal. You can eitherpost the journal now, delete and re-enter after the conversion, or ignore it and post knowing that the applied cost on the journal will not be updated by the conversion process.

29. Select Convert from the conversion header

30. Mark to Stop on Error and leave Activate costing version unmarked

31. Click OK and you will be questioned about other users in the system. The conversionrequires that no other users be logged in during conversion due to data integrity


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32. Click Yes, and you will receive an error. This error tells us that an inventory close must beprocessed the day prior to a conversion. You can either have the system automatically dothe close as part of the conversion, or select no and process the close yourself manually

33. Select Yes to have AX do the close now

a. Refer to page 35 of the previously mentioned Conversion Whitepaper for detailedinformation on Production Problem Scenarios and Mitigation

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