The cookie is used to store the user consent for the cookies in the category "Analytics". This cookie is set by GDPR Cookie Consent plugin. These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. If you get this error message, you can run the test report to see what is causing the problem.įigure 4 – Run the Test Report to find out what is causing an errorįigure 5 – Inventory Period Test Report resultsĪfter you have resolved the “open/outbound” Item Ledger Entry issues, you can close the period knowing you are not carrying forward valuation problems to the next period.ĭo you have questions about other functionality in Dynamics NAV? Contact ArcherPoint we’ll be happy to help you find the answers.įor more step-by-step instructions on how to perform specific tasks in Microsoft Dynamics NAV, see our collection of How-To blogs. If you have open outbound Item Ledger Entries, you can be sure that your Inventory Valuation for those items is not correct.įigure 3 – …Can result in an error indicating you have open outbound Item Ledger Entries One thing to keep in mind about Inventory Periods is that when you attempt to close an Inventory Period, you might get an error saying there are “Open outbound Item Ledger Entries” that need to be resolved. If you have open item entries in the closed period, meaning positive quantities that have not yet been consumed by (applied to) outbound transactions, you can still apply outbound quantities to these entries, even if the period is closed.įigure 1 – Screenshot of the Inventory Period Screen in Dynamics NAV 2013 also showing the form for creating new Inventory Periods When you close an inventory period, you cannot post any changes to inventory value, either expected or invoiced, before this ending date, and you cannot post any new values to inventory before the ending date.
An inventory period is defined by the date on which it ends, or the ending date. Specifies a period of time in which you can post changes to inventory value. The online Help definition for Inventory Periods in Dynamics NAV 2013: They provide for a diagnostic report when trying to close an inventory period.They are one factor in setting the “Allow Posting Dates” for closed period entries when running Adjust Cost-Item Entries (see Adjust Cost – Item Entries Program and Prior Period Adjustments in NAV).They preclude inventory Value Changes in a Closed Inventory Period.Inventory Periods are used in Dynamics NAV for a variety of purposes:
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