Standard Costing Issues within Manufacturing
Within the manufacturing setup, there is a clear demarcation of responsibility between sales and production if the inventory is set up as “standard costing”.
Within the manufacturing setup, there is a clear demarcation of responsibility between sales and production if the inventory is set up as “standard costing”.
Most legacy systems have an enormous number of GL accounts. NAV allows a very effective way to reduce these by using dimensions.
Fenwick Software moves into the 2018/19 financial year with a new look Board. For the first time we have an external Chair. Marion Macleod has brought fresh ideas that will guide the company towards its fiftieth birthday.
Microsoft Dynamics NAV offers five different Costing Methods, four of which are variously useful depending on the type of inventory, and the fifth, LIFO (Last In First Out), is prohibited under International Financial Reporting Standards.
OData is becoming the primary method for externally accessing data from Dynamics NAV. It has several benefits compared to SQL.
Warehouse management in Dynamics Nav covers various functions from start to finish. Most of these functions work independently of each other to provide a scaleable solution.
Fenwick Gold Multiple Entity Module can really help simply the chaos of hundreds of companies taking away the duplicate data entry and the need to manually eliminate inter-company transactions.
Dynamics 365 Business Central databases grow every day. Much can be done to ensure you are only storing the data that you really require and keeping things running smoothly.
Single Touch Payroll is a reporting change for employers introduced by the Australian Tax Office that will start from 1 July 2018. Single Touch Payroll functionality is coming to Microsoft Dynamics NAV with the Dialog Payroll Solutions add-on.
Microsoft has been developing and testing a new development model for Dynamics NAV and Dynamics 365 Business Central which has several key advantages when compared to “classic” enhancements.
Dynamics 365 Business Central will be a full version of Dynamics NAV, hosted by Microsoft as a full SaaS product.
In the past few months, I’ve been asked, a number of times, to explain how value flows through the Dynamics NAV General Ledger when processing
