AX 2012 White Paper: Accounting for Stocked Items on Product Receipts and Vendor Invoices

[Vadik]

Overview
This white paper is intended for business users who need to understand the way that transactions are journalized. Part of the process updates accrued liability or liability accounts, and uses the new accounting framework that was added in Microsoft Dynamics AX 2012. The other part of the process updates the inventory cost, and uses the same posting process that was available in Microsoft Dynamics AX 2009. Both processes update the general ledger, but they do not interact with each other. This means that now when a stocked item is received or invoiced in Microsoft Dynamics AX 2012, two vouchers are created. Examples illustrate the way that the inventory posting works
AX 2012 White Paper: Accounting for Stocked Items on Product Receipts and Vendor Invoices