Wendy Ring articles

Wendy Ring
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AX Content: Accounting for stocked items on product receipts and vendor invoices 

There are two types of accounting that take place in Microsoft Dynamics AX 2012 R3 when an accounting entry is generated for a product receipt or a vendor invoice that contains stocked items. Part of the process updates accrued liability or liability accounts, and uses the new accounting framework that was added in AX 2012.