Waris Khan

  You are here:  ERP User Guide  >  Microsoft Dynamics 365 for Finance and Operations  >  Webshop Catalog  >  Dimension-Based Product Configurations Dimension-Based Product Configurations Dimension-based product configuration is a simple solution which allows to create many product variants from a single product master and its bill of materials. The benefit of using dimension-based product configuration is that you can avoid creating multiple bills of materials for one product. Only one bill of materials can be created, and configuration rules can be defined to select or deselect particular products in the bill of materials and based on this selection a configuration can be created for the product. Dimension-based product configuration technology provides flexibility to a customer to create unique, customized products in the Sana webshop. For example, if you are selling different bicycle parts and components, using dimension-based configuration, you can offer your customers to

 I tem Model Group:   The item model group field is used to determine how items are controlled and handled on receipt, issue, and also calculating consumption.   An item model group can be assigned to multiple items which can assist in the control of several items using the same setup.  In the next demonstration, we will further explain the fields that can be selected when setting up an item model group. Navigation : Inventory Management –>  Inventory –>  Item Model Group. Stocked Product: Select this option to indicate that the product should be handled in inventory. Products that are handled in inventory generate inventory transactions. These products can be included in cost calculations. On-hand quantities can also be maintained for these products. Stocked products include items and services. A service cannot be added to stock. However, the program requires that pro forma stock transactions be generated for services that contribute to the inventory value of tangible goods. For

  Inventory costing Inventory costing plays a significant role in knowing the true financials of an organization and is quite a comprehensive topic. This post is share knowledge about various costing options, however their Fitment to the business model, industry vertical, compliance, etc. requires a detailed exercise, niche expertise and spans multiple domains cost accounting, financials, supply chain, etc. Sharing insights on inventory costing models available in New Microsoft Dynamics AX and their behind the scenes calculations: FIFO LIFO LIFO dated Weighted average Weighted average dated Moving average Standard cost. Let’s assume that a shopkeeper purchases 6 items for the cost of Rs 50 and 4 items for the cost of Rs 55. So, the total items’ cost is 6*50 + 4*55. The company sells 4 items. Now, there are 6 + 4- 4 = 6 items in the company warehouse. So the possible cost of item remained in the warehouse are: Possible Combinations: (6 – 4) * 50 + 4 *55             = Rs 320 (The company