Once you have defined Calculation groups to your products, you can take advantage of them by performing mass updates of your costs through the Costing versions. This saves you a lot of time, and also makes the cost maintenance so much easier.

In this example we will show how to perform a mass cost calculation.

NOTE: This is part of the Configuring Costing and Cost Sheets in Dynamics AX 2012 blueprint series where we show how to configure costing within Dynamics AX, and also how to set up a costing sheet to better view and analyze the costs. If you want to see all of the other posts in this series, click here.

How to do it…

To perform a cost calculation from the Costing Versions, follow these steps:

1. Select the Costing versions menu item from the Costing folder in the Setup group of the Inventory and warehouse management area page.
2. Select the Costing version that you want to create your costs for and then click on the Calculation menu item that is in the menu bar.
   
3. This will open up the cost calculation form. You can update all of your product costs just by clicking the OK button.
   

   Tip: If you just want to update a subset of your products, then you can change the selection filter by clicking on the Select button to the right of the form. In this example we added a new filter field for the Calculation group and selected just the items that are purchased.
   

How it Works…

Once the update has run, you can see all of the prices by selecting the Item price menu item from the Price menu group. This will show you all of the costs that are associated with your Costing version.

Also, if you look at your products within the Released products form, and select the Item price menu item from the Setup group of the Manage costs ribbon bar, you will be able to see the Cost version details.