The Effects of Inventory Setup 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

ArcherPoint Microsoft Dynamics NAV Developer Digest – vol 11

The ArcherPoint technical staff—made up of developers, project managers, and consultants – is constantly communicating internally, with the goal of sharing helpful information with one another. As they run into issues and questions, find the answers, and make new discoveries, they post them companywide on Yammer for everyone’s benefit. We in Marketing watch these interactions… Continue reading ArcherPoint Microsoft Dynamics NAV Developer Digest – vol 11

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Order Tracking Policy in Microsoft Dynamics NAV: A Misunderstood Setup

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

7 Factors to Consider in Material Resource Planning (MRP)

Supplier Lead Time – You can’t promise an end result if you don’t have what you need to create it. Therefore, supplier lead times need to be an essential part of how you plan production. On-Hand Inventory – If you don’t have to purchase more, you save money and optimize on the materials you already… Continue reading 7 Factors to Consider in Material Resource Planning (MRP)

Using Low Level Codes in Microsoft Dynamics NAV

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

Determine Actual FIFO or LIFO Value of Inventory Using Standard Cost

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

How to Plan for Job Demand in NAV 2009 and NAV 2013

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

Changes to Automatic Cost Posting and General Ledger Setup in 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