There is an Inventory Setup in Dynamics NAV to select “Expected Cost Posting”. In an earlier blog, we explained some of general Effects of Inventory Setup. In this blog we will go deeper into Expected Cost Posting, and explain what it means and its effects. Figure 1 – Inventory Setup contains an option to select… Continue reading Understanding Expected Cost Posting in Microsoft Dynamics NAV
Category: How To NAV
Unit and Standard Cost Not Equal on NAV Inventory Valuation Report
We received a call recently from a client who said when they run the Dynamics NAV Inventory Valuation Report that the unit cost on the report is not equal to the Standard Cost of the Item. To illustrate, see the example below. The Standard Cost for Item 1000 is 427.499, but when we run the… Continue reading Unit and Standard Cost Not Equal on NAV Inventory Valuation Report
Setting Up Production Lead Time in Dynamics NAV if Not Using Routings
There are manufacturing companies using Dynamics NAV that want to offset the start time on production orders to accommodate production time even though they are not using Routings. To illustrate, we set up a test item. Note that the item has a BOM, but not a Routing. Figure 1 – To offset start time on… Continue reading Setting Up Production Lead Time in Dynamics NAV if Not Using Routings
Tooling Amortization in Microsoft Dynamics NAV
Manufacturing companies will often build or purchase production tooling. In most cases the manufacturing company would like to amortize the cost of the tooling by adding the cost to the items produced. There is no direct way to do this in Dynamics NAV, but we have accomplished this using Dynamics NAV Item Numbers and Bills… Continue reading Tooling Amortization in Microsoft Dynamics NAV
Reversing the Output of a Dynamics NAV Released Production Order
We are asked from time to time how to reverse the output of a Dynamics NAV-released Production Order. The need to do this probably was caused by a mistake made when posting the original output. To illustrate the issue, we created a Dynamics NAV-released Production Order: Figure 1 – Screenshot of a NAV-released Production Order… Continue reading Reversing the Output of a Dynamics NAV Released Production Order
Reversing a PPV for a Purchase Return Credit Memo in Dynamics NAV
The item was later returned and a Purchase Credit Memo was issued and posted, but the PPV was not reversed. We have set up the following example to illustrate: Figure 1 – Screenshot showing an example of a standard cost item of $2.00 We created and posted a purchase order with the cost of $3.00.… Continue reading Reversing a PPV for a Purchase Return Credit Memo in Dynamics NAV
Microsoft Dynamics NAV Localization Portal
It can be a challenge to find out about localization fixes, regulatory features, and ISV solutions released for Microsoft Dynamics NAV. With NAV 2013, we receive a cumulative update each month that contains regulatory feature updates for most countries. Up until NAV 2009, these updates were released separately. Microsoft now has a page on PartnerSource,… Continue reading Microsoft Dynamics NAV Localization Portal
Why Do New NAV Production Orders Have an Ending Date of December 31
Around the middle of January every year, we can count on getting questions on why all of the new Dynamics NAV Production Orders that are created have an Ending date of 12/31/XX. The answer is quite straightforward: The Work/Machine Center Calendars need to be calculated for the upcoming year. Figure 1 – Remember to update… Continue reading Why Do New NAV Production Orders Have an Ending Date of December 31
Manufacturing Process Software
Negative Consumption to Account for By-Product Production It is quite common in Process Manufacturing for a By-Product to be produced at the same time the primary product is produced. A good way to handle that in Dynamics NAV is to set up an item for the By-Product and give it a costing method of Standard.… Continue reading Manufacturing Process Software
Understanding the Order Reordering Policy in Microsoft Dynamics NAV
We are given the following choices for Item Reordering Policy in Dynamics NAV. The choice affects how the Planning Worksheet (MRP) plans for replenishment of the item. Blank Fixed Order Quantity Maximum Quantity Order Lot-for-Lot Figure 1 – List of choices defining how the Planning Worksheet (MRP) plans for replenishment of an item If we… Continue reading Understanding the Order Reordering Policy in Microsoft Dynamics NAV