Five Steps to Complete Your Microsoft Dynamics AX Inventory Close for 2009, and Prepare for 2010
I recently provided guidance for handling the inventory close process using Microsoft Dynamics AX. In this followup article, I provide five steps for completing the year-end 2009 inventory close in such a way that you prepare your organization for handling the same process more efficiently in 2010.
1. Prepare to run the inventory close.
Before you perform the inventory close, the following tasks are recommended:
--Make sure that the inventory model assigned to the item on the Inventory model tab of the Inventory model groups form is accurate. Inventory close will settle transactions to each other based on the current inventory valuation method assigned to the item.