Overview Undo receipt has become a necessity in some warehouse environments where the staff may not be able to keep up with the paper flow. Strictly speaking, the undo receipt process shouldn’t be necessary because the process in place should be able to accommodate. However, if there is a situation where a department “can’t keepRead more
Category Archives: Inventory
Overview This is one issue that I hear from customers using Dynamics NAV (formerly Navision) quite often is why does the Expected Receipt Date keep changing? The Expected Receipt Date in Dynamics NAV is the main driver for inventory planning. Dynamics NAV uses this field to calculate the availability of the item. Based on thisRead more
The Problem I hate beating a dead horse to death, but there are a couple of incidences that prompted me to write this article. Navision 1.0 has been out since 1996, yet it always astounds me when I walk into a company claiming that their inventory costing and cost of goods sold is incorrect becauseRead more
Overview Dynamics NAV is a ERP software that’s built on best business practice. However, that’s not to say that the users of Navision operates on best business practice. This post describes what I would like to call Abnormal Item Charges. Again, as with what I’ve described with Abnormal Posting Date, don’t bother looking it upRead more
I recently signed up to be a guest columnist on the Microsoft Dynamics NAV community site. I wrote an article with the list of common steps to finding and reconciling the difference between your inventory valuation and the inventory G/L account. The article is posted in the Dynamics NAV Community site hosted by Microsoft. The articleRead more
Abnormal posting date entries happens when the Posting Date of the receipt/shipments of inventory is after the Posting Date of the invoice. Why does this happen? You’ll need to ask your CFO or Controller. Typically, I found this more in return orders where the receipt of the product is a certain date, and the accountingRead more
When moving from a legacy system into Dynamics NAV (Navision), one of the areas you want to try and avoid is messing with the inventory G/L accounts. Most systems are usually pretty good with open A/R and A/P accounts, they can be transferred using the “posting back to the same account” technique that most implementersRead more
Here are a couple of reasons why you would get inventory value if you have 0 quantities when you print Inventory Valuation report and Inventory to G/L Reconcile report as of a certain date. Scenario 1: If the adjust cost is processed on 7/31/07, and the Allow Posting From was 7/1/07 on General Ledger Setup,Read more
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