Category: How To NAV

Understanding and estimating your cash flow is critical in running a successful business. With Microsoft Dynamics NAV 2013 R2, a new feature called Cash Flow was introduced. This feature allows users to understand the inflows and outflows of cash in their business. It helps in creating short-term forecasts that provide knowledge to the user to… Continue reading Microsoft Dynamics NAV 2013 R2 New Feature – Cash Flow Functionality

I think that we all can agree that in the real world there can be no such thing as negative inventory; likewise, inventory on hand accuracy is vital to any company that uses a computer to track its inventory. In an accounting/business management software system, however, it is quite common to see a negative quantity… Continue reading Managing Negative Inventory in Microsoft Dynamics NAV

I am often asked questions on the effects of Inventory Setup in Microsoft Dynamics NAV. The two most common questions are: 1) How do the settings affect system performance? 2) How do the settings affect what is posted to the General Ledger and when? In this blog, I will discuss these questions in the context… Continue reading The Effects of Inventory Setup in Microsoft Dynamics NAV

I get a quite a few questions related to Component Flushing Methods in Microsoft Dynamics NAV. After looking at the various NAV Forums, I thought a more in depth explanation of this function might be of some help. First of all, we need to define flushing. The APICS Dictionary defines it as “A set of… Continue reading Component Flushing Methods in Microsoft Dynamics NAV

I am often asked how to set up Dynamics NAV to handle Expense Items.  After searching the various NAV Forums, I thought it would be helpful to offer my solution. The Scenario You want to set up Expense Items in NAV so that it is easier to enter Purchase Orders without typing the description each… Continue reading How to Handle Expense Items in Microsoft Dynamics NAV

When you are setting up Dynamics NAV to run MRP, you want to be able to create Action Messages and track where the demand is coming from. Because of some differences in how tracking is defined in Dynamics NAV, however, order tracking is often misunderstood. Let’s start with some definitions:    In APICS terminology, tracking… Continue reading Order Tracking Policy in Microsoft Dynamics NAV: A Misunderstood Setup

In the early days of MRP (Material Requirements Planning), the designers realized that in order for the program to accurately plan inventory replenishments, they had to define demand in two ways: Independent Demand – The demand for items that comes from outside of the company. Dependent Demand – The demand that can be derived from… Continue reading Using Low Level Codes in Microsoft Dynamics NAV

Scenario: Your business builds product XYZ and installs product XYZ for one price for both building the product and installing the product. You have two areas to take into consideration—installation of the product and building the product. For both areas, you will charge the customer one price for all the parts that go into the… Continue reading How to Plan for Job Demand in NAV 2009 and NAV 2013

The other day a colleague of mine at ArcherPoint pointed out that there is a change in Dynamics NAV 2013 setups that may change the advice that I have been giving to clients regarding Automatic Cost Posting and GL setup. If we look at the Inventory Setup in the screenshot below, we can see that… Continue reading Changes to Automatic Cost Posting and General Ledger Setup in NAV 2013

  This question often comes up:  What date does the Dynamics NAV Adjust Cost – Item Entries program use for prior period adjustments? To understand the function of the Adjust Cost-Item Entries program, you first need to understand NAV’s Value Entries. When an inventory transaction is recorded in NAV, an associated Value Entry is automatically… Continue reading Adjust Cost – Item Entries Program and Prior Period Adjustments in Microsoft Dynamics NAV