Items in Microsoft Dynamics NAV can have multiple units of measures, you can for example sell in one unit of measure and purchase in another unit of measure. This is great, but there are some things to be aware of when setting an item up with different unit of measures. An item must have a base unit of measure. The base unit of measure is how the inventory quantities are displayed and how the inventory is valued. It is also how it is produced (you can have a Production BOM in a different unit of measure, but the Routing and...
The item charge functionality in Dynamics NAV gives you the option to include additional costs such as freight, insurance, fuel charges, etc. in the unit cost or unit price of an item transaction. Item charges are something that most companies that handles any type of inventory would benefit from using. When implementing item charges there are a couple of things to be aware of. (more…)
Having additional outputs on production orders (sometimes refereed to as by-products or reclaimed material) is a common requirement. It could be scrap that should go back into inventory for further processing (melting it down, regrinding it, etc…) or it could be multiple products that are produced at the same time in a process. (more…)
Dynamics NAV has an ‘Inventory Value Zero’ field in the item table that is not visible on the page (for some unknown reason). Adding it to the page allows you to have items with no inventory values, this is useful if you managing inventory on the behalf of someone else or if you want to keep track of material that you have expensed (like packaging materials, etc..). (more…)
I have meet many experience Dynamics NAV consultants and end users that did not know that it was possible to revalue closed item ledger entries in Dynamics NAV. Most of them had used the ‘Calculate Inventory Value’ function in the Revaluation Journal and since it only brings in open transactions the assumption was that it was not possible to revalue closed transactions, so if a transaction has the wrong cost and it is closed you have no good options. This is wrong… (more…)
