You can view the report for specific resources, resource groups, or dimensions if you so choose. I would recommend setting the from and to dates to be the same so that the report will take less time to populate. Note that the inventory value report gives you the value of inventory that is specified on the to date and the from date will not change your actual results unless you want to see opening balances or view transactions. Select from and to dates (if the from date is left blank it will automatically be set to the same date as the to date). To run the inventory value report click on Inventory Value in the Reports section of the Inventory Management area page. So, what is the inventory value report actually telling us? We are going to dissect this report to understand exactly what information it is giving us.
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Just wanted to make a note of this because it will be important when we look at how to use this report for reconciliation purposes later in this post. You can see in the screenshots below that account 149999 is a total physical inventory account that is made up of the total amounts of the raw materials and finished goods inventory accounts. In this setup we have chosen to print cumulative accounting values for comparison for the inventory account 149999. For this explanation we are going to look at an inventory value report with the setup parameters pictured below (for more information on setting up inventory value report IDs see part one of this blog). Glad to see that part one of this blog was just so interesting you had to come back for more! In this half of our two part blog on the AX 2012 inventory value report, we are going to take a deeper dive into what the inventory value report is actually telling you as well as show you how to use the inventory value report to reconcile your inventory with your GL. Posted on: | By: Jarrod Kraemer | Microsoft Dynamics AX/365 Understanding the Inventory Value Report in Microsoft Dynamics AX 2012: Part 2