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Costing

Inventory costing 101

What is inventory costing?  Boy.  That’s a pretty open-ended question!  Inventory costing is the mechanism by which AX determines the cost of goods sold of materials that were issued from your company.  What does this mean and why is it needed? Overview Think for a second about an item that…

What is inventory costing?  Boy.  That’s a pretty open-ended question!  Inventory costing is the mechanism by which AX determines the cost of goods sold of materials that were issued from your company.  What does this mean and why is it needed? Overview Think for a second about an item that…