Overview The standard Business Central has two aging reports dealing with inventory. They are: Item Age Composition – Qty. Item Age Composition – Value Why the Value and the Quantity report needed to be separate reports is beyond me. When we run these reports, we see that you can define an Ending Date. When youRead more
Category Archives: Inventory
Overview When moving from a legacy system into Dynamics 365 Business Central, one of the areas you want to try and avoid is messing with the inventory G/L accounts. Most systems are usually pretty good with open A/R (Accounts Receivable) and A/P (Accounts Payable) accounts, they can be transferred using the “posting back to theRead more
We’re excited to introduce the latest updates to our Freight Container Management app for Dynamics 365 Business Central. Our mission has always been to make container management a breeze for businesses dealing with overseas vendors. With these new enhancements, we’re taking efficiency to a whole new level. Let’s dive into the exciting features: 1. MultipleRead more
Overview One of the most often asked about features when dealing with inventory is the ability to keep track of inventory by bins in the warehouse. While The Warehouse Management System will benefit the accuracy of the items that are stored in the bins, careful consideration must be made during setup so when you goRead more
Overview In standard Dynamics 365 Business Central, if you enabled the Lot Warehouse Tracking in the Item Tracking Codes, you’re able to see a nice breakdown of what’s in the Bins when you go to the Bin Contents page: You can show this factbox using the Personalize tool in the Setup page. The Serial NumberRead more
Overview In Microsoft Dynamics 365 Business Central (formerly Dynamics NAV), when doing costing and profitability analysis, you need to differentiate between a transaction’s True Cost and Accounting Cost. These terms will not appear on any official documentation or manuals, I made them up for a lack of better terms. To better explain the difference betweenRead more
Overview This was one of the topics that came up frequently while working with users at the last NAV/BC User Group Summit at Phoenix. Many people have different opinion to setup their inventory so costing is done properly. Naturally, knowing a few things on how Dynamics 365 Business Central (aka Dynamics NAV) inventory and howRead more
Overview Over the years, I’ve written a lot of articles about inventory and inventory costing. I realize there are some tools that I do not mention that are in the inventory module. This is not because I don’t know about them, it’s because I don’t think companies need them. Everyone is super busy these days,Read more
Overview Hopefully, by now every company that uses the inventory module in Dynamics 365 Business Central (aka Dynamics NAV) knows that they MUST run the Adjust Cost – Item Entries process. If not, please check out my other articles on the subject on how to properly care for the inventory module in Dynamics 365 BusinessRead more
Overview At the end of every month, we will inevitably get some questions on why their inventory valuation figures does not match the G/L inventory account. We would investigate and find out why and provide solutions on how to fix them. Some of the reasons are pretty common so I’d thought I compile a listRead more
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