Course 50225A:

Inventory Costing in Microsoft Dynamics NAV 2009

Length: 2 Days
Published: July 01, 2009
Language(s): English
Audience(s): Information Workers
Level: 200
Technology: Microsoft Dynamics NAV 2009
Type: Course
Delivery Method: Instructor-led (classroom)

About this Course
The focus of the two-day Inventory Costing course is to provide explanations of costing concepts and matters related to general inventory management concerned with the handling of goods purchased for resale in Microsoft Dynamics NAV 2009. This course has been designed to give the consultants and implementers of Microsoft Dynamics NAV with a focus on cost management a solid explanation of the principles and mechanisms on which the program is built. Based on this explanation, course participants develop confidence in how the program records and calculates all the relevant inventory costs.
Audience Profile
This course is intended for individuals on the implementation team, administrating or using the modules in Microsoft Dynamics NAV 2009. This audience typically includes individuals who will be implementing and assisting Microsoft Dynamics NAV 2009 users. Additionally, individuals responsible for training or supporting Microsoft Dynamics NAV 2009 benefit from the course.
At Course Completion
After completing this course, students will be able to:
Interpret the basic inventory accounting and inventory costing concepts
  • Interpret the basic inventory accounting and inventory costing concepts
  • Explain how the value of inventory is calculated in Microsoft Dynamics NAV 2009
  • Interpret how the posting flow in Microsoft Dynamics NAV 2009 determines the cost of items, based on the defined costing methods
  • Define how the program calculates unit cost and average cost
  • Perform inventory revaluation, rounding, adjustment, and general ledger posting
  • Set up inventory costing

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