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.
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
Business Central can be a lot more than a back office system. Narada Ellis reveals some of the clever add-on systems that work with Business Central