80593 : Inventory Costing in Microsoft Dynamics NAV 2013 R2

This Digital Learning course covers the inventory costing functionality in Microsoft Dynamics NAV 2013 R2. It gives an overview of the inventory accounting principles and it explains how they are applied in the application. 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.

Module 00: Introduction Module 01: Inventory Costing Overview Module 02: Inventory Costing Principles Module 03: Inventory Costing Functionality Module 04: Inventory Valuation Functionality Module 05: Setting Up Inventory Costing

Explain the underlying accounting concepts on which Microsoft Dynamics NAV 2013 R2 is based. Understand the functionality of inventory costing in Microsoft Dynamics NAV 2013 R2. Explain the fundamentals of how inventory value is calculated. Explain direct and indirect costs that contribute to the overall inventory cost. Explain the cost assumptions while calculating the inventory cost.s Examine how Microsoft Dynamics NAV posts cost information to the general ledger and reports on inventory value. Explain the tasks of inventory revaluation and physical inventory. Explain inventory costing configuration.

Learners taking this course must have general or high-level knowledge and understanding of accounting principles. It is recommended that the learners complete the following courses: Finance Essentials in Microsoft Dynamics NAV 2013 Finance Advanced in Microsoft Dynamics NAV 2013 Introduction in Microsoft Dynamics NAV 2013 R2