Costing Methods and Inventory Reconciliations
Class ID: NCOST
Costing is one of the most complex topics in Microsoft Dynamics 365 Business Central / Dynamics NAV. Even if you’re an experienced user it’s easy to overlook something, and the impact can be costly. Whether you're newer to Business Central / NAV or have been using the system for a while but have some questions, want to verify you're on the right track, or maybe are considering changing costing methods, you'll want to know the key elements and effects of each choice. We'll walk through the costing methods in BC/NAV, discussing the benefits and constraints of each, as well as provide correlations on the types of businesses that would benefit from each method. We’ll finish our time together discussing the best practices for monthly inventory reconciliations, including some key setup decisions to make.
Who Should Attend? Anyone that touches costing at their company should consider this class mandatory.
Program Level: Intermediate
Advanced Preparation: Each student will receive instructions for connecting to their online class and their own hands-on learning environment via email shortly before class. Please be connected to both environments at least 15 minutes prior to the scheduled start time to enable an on-time class.