Why Your Inventory Cost is Wrong
I hate beating a dead horse to death, but there are a couple of incidences that prompted me to write this article. Navision 1.0 has been out since 1996, yet it always astounds me when I walk into a company claiming that their inventory costing and cost of goods sold is incorrect because Navision is bugged.
Simulation of Average Cost Calculation
In the scenario below there is process description for simulating the average cost calculation. This is often used when investigating costing issues related to the average costing method. It has been helpful in verifying the recognized COGS, to describe the average cost calculation or using it as identification that somewhere in time the average cost is unexpected. It helps to identify the area for deeper research of the records demonstrating unexpected values.
Cost is Adjusted Field in Item Table
Cost is Adjusted field contains a check mark if the item’s unit cost has been adusted, either automatically or manually.
Why You Should Not Turn On Expected Cost Posting for Navision
The ERP software business is a very competitive business. If the software company does not devote a lot of their resources into research and development of the product, it becomes outdates very quickly. Therefore, when choosing to purchase an asset that is the lifeblood of your organization, it’s very important to not just consider how well the product and serve your company, but also the company behind the product.
Bron : Confessions of a Dynamics NAV / Navision Consultant
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