Wednesday, February 19, 2014

Concepts of On hand Inventory

Dynamics AX gives you in depth information about the inventory items.

It gives you a clear picture about what is in stock, what is reserved, what is ordered and what has been posted /still in transaction.

Inventory Management->Common Forms->Item details->On hand button

OR

Sales Order/ Purchase Order/Inventory Movement/Production Order under Inventory button->On Hand



A. Physical Inventory- It shows you the total avaliable quantity

B. Physical Reserved- It shows the quantity that is reserved in Sales Order.

C. Avaliable Physical -It shows the actual quantity that is avaliable for transactions. It is calculated by subtracting Physical Reserved from Physical Inventory.

C = A - B

D. Ordered in total- It shows the total qty that is open in Purchase order(yet to be received)

E. Ordered Reserved- It shows you the quantities reserved from purchase orders(yet to be received).

F. Avaliable for reservation- It shows you the quantities in open purchase orders avalaible for reservation(yet to be received).

It is calculated by summation of Avaliable Physical with qty left after subtracting Ordered Reserved from Ordered in total.

F = C+ ( D -E )

G. On order in total-  It shows you the quantity in open sales order(yet to be delivered)

H.Total Avaliable - It shows you the net avaliable physical quantities for transaction.

It is calculated by subtracting Onorder in total from Available for reservation.

H = F - G

I. Posted Quantity - It shows you the quantity posted financially.

J. Deducted -It shows you the quantities have physical packing list posted in Sales order.

K. Picked -It shows you the quantities have picking list posted in Sales order.

L. Received- It shows you the quantities have physical updated in Purchase order.

M. Registered- It shows you the quantities registered in Purchased order.

N. Physical Cost Amount- It shows you the amount posted in ledger physically.

O. Financial Cost Amount-  It shows you the amount posted in ledger financially.

P. Cost Price-It shows you the item average cost.






























 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

2 comments:

  1. Do return orders count against "on order" and wouldn't they inflate the available number since returns are negative

    ReplyDelete
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