Movement journal in AX 2. R3. Steps to create inventory movement journal. Go to inventory management Journals Inventory transactions Click on Movement. Click on New to create a new movement journal. Select a.  Name Select journal name from the dropdown list. Journal It is a journal number generates automatically as the number sequence is set to Continuous. Description It will come automatically from the journal name. We can also edit the same as per our requirement. Note Different journal name can be created Inventory management Setup Journals Journal names, inventory based on the type of inventory movement such as movement for display items in exhibition, Outward movement of items to scrap etc. Click on Lines to add items in the journal lines. Enter a. Item number Enter items which you want to move inout of warehouse. Inventory dimensionb. Storage dimension Enter the Site, warehouse, location, pallet id. Here Site and warehouse are mandatory storage dimension. Location and pallet id can be entered or make it mandatory as per the requirement. MSDNBlogsFS/prod.evol.blogs.msdn.com/CommunityServer.Blogs.Components.WeblogFiles/00/00/01/43/29/5554.Order%20product%20config.png' alt='Microsoft Dynamics Crm Serial Number' title='Microsoft Dynamics Crm Serial Number' />Tracking dimension Enter batch number and serial number if mandatory. Outward movement i. Quantity if the item is moving out of warehouse then negative quantity is entered. Available-number-sequence-scope-parameters-in-Microsoft-Dynamics-AX-2012.jpg' alt='Microsoft Dynamics Crm Serial Number' title='Microsoft Dynamics Crm Serial Number' />As an onpremise Enterprise Resource Planning ERP system, Microsoft Dynamics AX is powerful, agile and simple to use. Speak to our experts today. At Microsoft our mission and values are to help people and businesses throughout the world realize their full potential. Prodware adjust Manufacturing is Microsoft Dynamics ERP Software for Manufacturing includes functions of MRP, quality control and multisite production. Cost amount If the quantity is negative, you cannot edit the value displayed in the cost amountcost price field. Note Cost price is already present against the item when item is available in the inventory. While taking the item out, system will take the same cost price. Inward movement   i. Quantity If the item is moving in the warehouse, positive quantity is entered. Cost price If the quantity is positive then you can edit the value displayed in the cost amountcost price field i. Microsoft Dynamics Crm Serial Number' title='Microsoft Dynamics Crm Serial Number' />Offset account Select main account in the offset account field to offset the movement of item. Note Main account keeps track of movement transactions. Different main accounts can be use for specific activities in the movement journal like  incoming or outgoing of items, to bring in opening balances for inventory, writing off inventory as scrap. Financial dimensions Financial dimension will come automatically if it is setup against the item in the item master form. If it is not setup in the item master form then you need to add dimensions manually in financial dimension tab in movement journal. Validate. 6. Once all required information is entered, click on Validate button to validate the journal. Java Vm Charles here. Click Ok to Validate the journal. Note If you get any errors, warnings then address them first and then re validate again to check the journal. Post. 8. Click on Post button to post the journal to get an inventory and financial impact. Note Place a checkmark if you want to transfer all the defective lines to a new journal. Click Ok to post the journal. Go to Inventory transactions for journal line. You can see 2 quantity is updated in the system i. You can also see the cost amount updated is the same amount which we have entered manually against the item in the journal line. Go to Ledger   Financial voucher to see the financial impact. In the above example, as the inventory is increased during movement, inventory profit and inventory receipt accounts are updated with the inventory cost. Note Here system took the same offset account which we have selected manually in the movement journal for offsetting inventory profit purpose, instead of taking the account from the posting profile. Inventory tab profit. In this way, we can create and post a movement journal in AX 2. Please post if any queries or suggestions to be made on this topic.