This blog walks through the concepts of cycle counting and how to use Microsoft Dynamics NAV to perform cycle counts using the ABC Classification method. Part 2 of this blog series will discuss how to use the physical location method of cycle counting. First, let’s discuss the concepts and philosophy behind cycle counting. The concepts… Continue reading How to Cycle Count in Microsoft Dynamics NAV, Part 1
Category: How To NAV
Deferral Posting Suggestion in Microsoft Dynamics NAV 2016
Editor’s Note: Saurav Dhyani is proposing an enhancement to Microsoft Dynamics NAV 2016. If you think this feature should be part of the base application, please vote for it on Microsoft Connect or iLoveNAV. If you have a suggestion of your own, feel free to propose it on these resources. When you are posting any… Continue reading Deferral Posting Suggestion in Microsoft Dynamics NAV 2016
Using Standard Costs in Dynamics NAV
NOTE: This blog applies to any version of Microsoft Dynamics NAV, including NAV 2016. The screenshots are taken from NAV 2013. To begin a discussion about setting up time using standard costs in Microsoft Dynamics NAV, we must first examine the dilemma of trying to include setup as part of the “Direct” cost of an… Continue reading Using Standard Costs in Dynamics NAV
Microsoft Dynamics NAV Video Demo
Microsoft Dynamics NAV 2016 is an ideal ERP solution for manufacturers. It is easy to use, is highly configurable, and contains nearly all the functionality manufacturers need to get up and running quickly. This short 15-minute video walks through a typical scenario from basic setup to cost calculations to production, including inventory planning and purchase… Continue reading Microsoft Dynamics NAV Video Demo
Purchases and Direct Cost Applied Accounts in Microsoft Dynamics NAV
When working on new Dynamics NAV implementations (and for that matter, existing NAV solutions), we get a lot of questions about the Purchases and Direct Cost Applied Accounts—namely, what are they used for? We were trained in accounting that, when an inventory purchase receipt is invoiced (vouchered), we would debit the Inventory Account and credit… Continue reading Purchases and Direct Cost Applied Accounts in Microsoft Dynamics NAV
Considerations for Setting Up Base Unit of Measure in Dynamics NAV
Microsoft Dynamics NAV is very flexible when it comes to setting up Units of Measure for items. But careful consideration should be used before setting up the Base Unit of Measure. Once the Base Unit of Measure is established and there are transactions recorded for the item, the Base Unit of Measure cannot be changed.… Continue reading Considerations for Setting Up Base Unit of Measure in Dynamics NAV
What Version of Microsoft Dynamics NAV Should I Use for This Database?
Suppose you are walking down the street, a stranger quietly trades briefcases with you, and your new briefcase contains a Microsoft Dynamics NAV database inside of a SQL backup. The stranger slips off into the foggy night. This sort of thing happens to me all of the time, and then I am left with this… Continue reading What Version of Microsoft Dynamics NAV Should I Use for This Database?
NAV 2016: How to Set Up and Use the Positive Pay Feature
Microsoft Dynamics NAV has introduced a new feature in NAV 2016 to help you reduce fraudulent transactions with your bank. This feature is called Positive Pay. In my opinion, it should be called Positively Positive-Positive Pay, as it is both easy to use and can help protect your organization. Setting up Positive Pay and using… Continue reading NAV 2016: How to Set Up and Use the Positive Pay Feature
Preparing Dynamics NAV for a Happy 2016
Before you pop that bottle of champagne to usher in the new year, there are some things we often forget to do that will make returning to work a little easier after the holidays. Making these changes now will mean much smoother sailing into 2016…at least as far as Microsoft Dynamics NAV is concerned. Posting… Continue reading Preparing Dynamics NAV for a Happy 2016
Dynamics NAV 2016: Unrealized Sales Tax for Cash Based Companies
In a recent implementation I was involved with, ArcherPoint was tasked with combining two separate entities, one cash based and one accrual based, into one NAV company (not one database) while still being able to run financials separately for each entity within the company. Easy, right? No! An incredible challenge is a bit more accurate… Continue reading Dynamics NAV 2016: Unrealized Sales Tax for Cash Based Companies