On the surface, purchasing and procurement seem fairly simple: you find the vendor with the best price, terms, and delivery schedule, place an order, and receive it. However, there is the planning side to purchasing, and that’s where it gets complicated. In this blog post, we discuss ways you can simplify the process around purchasing… Continue reading Simplifying Purchasing and Procurement in Microsoft Dynamics NAV or Business Central
The other day, the question came up about how to determine which Dynamics NAV General Ledger Accounts are posted to for a Purchase Receipt and Invoice. First, we need to find our way to the Item Ledger Entry for the receipt you want to analyze. Figure 1 – Item Ledger Entry showing the receipt to… Continue reading Which GL Account Will Purchase Receipts and Invoices Post to?
There are actually two Purchasing Lead times in Dynamics NAV. If we look at the Replenishment and Planning Tabs of a Dynamics NAV Item Card or SKU Card, we see Lead Time Calculation and Safety Lead Time. The Lead Time Calculation is what most people would call Purchasing Lead Time. The reason it is called… Continue reading Purchasing Lead Time in Microsoft Dynamics NAV
When posting a positive adjustment in Microsoft Dynamics NAV, be careful to select Entry Type ‘Positive Adjustment,’ not ‘Purchase’. When you want to post a Positive Inventory Adjustment in Dynamics NAV, you use the Item Journal. Often, when trying to reconcile the Purchases Account, users are not careful to pick the Entry Type of ‘Positive… Continue reading Avoid a Common Mistake when Posting a Positive Adjustment in NAV
Many manufacturers struggle with matching special orders or back orders with their production levels. When they don’t have visibility throughout their supply chain in real time, they face serious consequences: Customer satisfaction declines, cash flow is reduced, and cost of materials negatively impacts the bottom line. A simple focus on integrating supply chain management… Continue reading Integration is Key When Planning Your Purchasing Schedule
Oftentimes companies need to link a specific sales order to a specific purchase. In Microsoft Dynamics NAV 2013, there are two methods for achieving this goal: Drop Shipments and Special Orders. This blog will explain how each method works and review the similarities and differences between the two to help you make a better decision… Continue reading Drop Shipments vs. Special Orders – Linking Sales Orders to Purchases