Costing and Production Options in Microsoft Dynamics NAV

Microsoft Dynamics NAV can help companies in so many ways: streamlining accounting procedures, simplifying invoicing, and increasing efficiency of supply chain operations to name just a few. However, the software’s effectiveness is only as good as its use. We often find clients who have forgotten to conduct regular processes. While not an ideal situation, there is a solution in most cases.

Bron : ArcherPoint
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Costing Issue in Microsoft Dynamics NAV

I was surprised to find this major error in one of our client’s Microsoft Dynamics NAV instance. It came about when they converted an Item from produced to purchased. They changed the replenishment system field from Prod. Order to Purchased. They had left the BOM and routing attached in the BOM and Routing fields on the Item Card in case they ever needed to produce the items in the future.

Bron : ArcherPoint
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Specific Costing Method and Serial Number Tracking in Dynamics NAV

Dynamics NAV allows us to choose between FIFO, LIFO, Specific, Average, or Standard Costing Methods (see the related blog, Which Microsoft Dynamics NAV Costing Method Should Manufacturers Choose?) We have not encountered many companies using the Specific Costing Method, but there seems to be some misunderstanding of how the Specific Costing Method requires Serial Number Tracking and vice versa.

Bron : ArcherPoint
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