Cost – Pardaan.com

Standard Costs : Item or Stockkeeping Unit?

Some time ago I talked about the possibility of managing different bills of materials depending on the item variant. The functionality, introduced more than a year ago, consists in the possibility of associating the bill of materials (and also the cycle) on the stockkeeping unit rather…

20 October 2023

Dynamics NAV & BC Tips & tricks

How To Use the Configuration Package to Update Standard Cost in Microsoft Dynamics 365 Business Central and Dynamics NAV

In Microsoft Dynamics 365 Business Central or Dynamics NAV, typical processes for updating the standard cost for a purchased item are as follows: - For a new purchased item, the standard cost can be updated on the Item Card. - For a purchased item that already…

16 May 2022

Dynamics NAV & BC Tips & tricks

Business Central Specific Cost

The costing method determines if an actual or a budgeted value is capitalized and used in the cost calculation. Together with the posting date and sequence, the costing method also influences how the cost flow is recorded. The specific cost criterion aims to individually evaluate the…

14 October 2020

Dynamics NAV & BC Tips & tricks

How To: Run Work in Progress (WIP) for Job Cost Accounting in Microsoft Dynamics Business Central or NAV

Work in Progress (WIP) is used to match cost with revenue. This blog discusses different methods of costing WIP and provides instructions for running the WIP process in Microsoft Dynamics Business Central or Dynamics NAV. Source : ArcherPoint Read more...

20 April 2020

Dynamics NAV & BC Tips & tricks

How To: Use Jobs and Work Type Codes to Control Job Costs and Prices in Microsoft Dynamics NAV or Business Central

In Microsoft Dynamics NAV or Business Central, you can use work type codes to control your job costs and prices. On the Resources card, you can have a general rate for the resource, but for the work type, you can control the rate based on a…

10 June 2019

Dynamics NAV & BC Tips & tricks

The Mysterious Update Unit Cost field in Dynamics 365 BC Production Orders

At just about every Manufacturing course that I have conducted, I get the same question: "What does the Update Unit Cost do when Changing the Production Order Status?". My answer is usually: Forget it, it does not work properly. Source : Aphorisms about Microsoft Dynamics NAV…

8 April 2019

Dynamics NAV & BC Tips & tricks

Why You Should Set Automatic Cost Adjustment to Never in Dynamics 365 Business Central

This was one of the topics that came up frequently while working with users at the last NAV/BC User Group Summit at Phoenix. Many people have different opinion to setup their inventory so costing is done properly. Naturally, knowing a few things on how Dynamics 365…

4 December 2018