The costing method is already FIFO. It doesnt revalue the transaction of conversion to Fixed Assets.
On 9/24/07, Prashant joshi <[EMAIL PROTECTED]> wrote: > > Dear Akshay, > > I think when we are attaching a Fixed Asset Card for Inventory transaction > Axapta recommds to keep FIFO method instead of Weighted Avg Cost. I suggest > you if you change the valuation methodology your problem, will get resolved > > Regards > Prashant Joshi > IT Manager - > 9970070191 > > Akshay <[EMAIL PROTECTED] <akshay.axapta%40gmail.com>> wrote: Hi, > > I'm dealing with a requirement heavy Fixed Assets transactions, > where invoices, materials and services are capitalized into multiple Fixed > Assets in their Value Models. As far as invoices are concerned they are > captialized at the the actual value of the invoice. Now, as far as > materials are concerned, AX starts averaging the costs based on the qty on > hand at the persent time. When i pass any transaction in the inventory > module, they happen at that average cost. This gets adjusted when i close > the inventory either manually or automatically (based on the Costing > method). If one of these inventory transactions is a conversion to a FA, > the > acquisition price also is set to the average cost of the inventory, and > not > the actual. As expected, when i close the inventory, the FA should get > revalued based on the actual acquisiton price. But thats not case. Does > anyone know how to tackle this issue? > > Thanks > > [Non-text portions of this message have been removed] > > > > > > --------------------------------- > Unlimited freedom, unlimited storage. Get it now > > [Non-text portions of this message have been removed] > > > [Non-text portions of this message have been removed]
