Costing Methods and Inventory Reconciliations
Class ID: NCOST
In these crazy times, it's more important than ever to do more with your Dynamics 365 Business Central / NAV system. We know how often your plans change, so we've converted our classes to "rolling enrollment". Click the "I'm interested" button to the left to let us know you're interested in this class, and we'll contact you when we have enough interest to schedule one!
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.
Learning Objectives: TBD
Field of Study: Computer Software & Applications
Delivery Method: “Group Live presented online due to COVID-19” for our online classes
CPE Credits: By participating in this class you are eligible to earn up to 4 CPE credits which will be distributed following class completion. In order to be awarded the full credit hours, you must be present, registering your attendance and departure on the designated attendance sheets. Class participation will be monitored, and you will not receive CPE credit for any portion of the class that you do not appear fully engaged.
Version: This class will be taught in Dynamics NAV 2018. If you are evaluating or use Dynamics 365 Business Central, the functionality and processes taught will be applicable with only minor differences. We will review the pertinent differences between the two user interfaces early in the class, and throughout the class we will identify any significant differences in functionality between the versions where appropriate. If you are using an earlier version of NAV, likewise we will highlight significant differences in features and functionality as appropriate.
Refund and Cancellation Policy: Please refer to our Refund and Cancellation policy here.