The process is outlined simply as: Record Vendor Credit, CR to account defined as ‘Cost Revaluation for Moving average’ in Posting Profile. In the AX 2012 product, the Moving Average costing method is the best to accommodate the required transactions. ![]() The vendor or customer will calculate the adjustment total and generally take this amount as a vendor credit. The first step is to provide the vendor a report of the on-hand inventory for the given item(s). Another example would be inventory that did not sell as well as expected, which over time will hold a lower value than the original cost. One example would be, the new xPhone 7 is released today, which instantly reduces the value of any on-hand xPhone 6s. Inventory devaluation may occur for a number of reasons. This is also referred to as a Funded Markdown. Vendor Price Protections are agreements between the vendor and customer where in the event the on-hand inventory is devalued, the vendor will reimburse the customer for the loss of value. ![]() Overview: Vendor Price Protection is a topic Microsoft Dynamics AX 2012 Retail Customers often ask the best practice method using standard AX processes.
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