Category: How To General

From time to time I am asked if you can you determine the Actual FIFO or LIFO value of your inventory if you are using Standard Cost. There are companies that will value their inventory at Standard for managerial accounting reasons, but for reporting or tax reasons will value their inventory at FIFO or LIFO.… Continue reading Determine Actual FIFO or LIFO Value of Inventory Using Standard Cost

Do you know how to set up Item Cross References for Customers and Vendors in Microsoft Dynamics NAV2013? Using Item Cross Reference allows you to quickly identify the items that were ordered by a customer or that you are purchasing from a vendor on the basis of item numbers other than your own. This can… Continue reading Setting up Item Cross Reference for Customers and Vendors