Costing – Pardaan.com

Standard costing Deep Dive in Business Central

Standard costing was previously the go-to costing method for manufacturing, but there can be many other uses for standard costing both in manufacturing and in the other modules. You could say that standard costing can be used in companies delivering items that fluctuate in cost –…

15 November 2023

Dynamics NAV & BC Tips & tricks

Learn Inventory & Costing in Dynamics 365 Business Central

One of the most controversial questions when running workshops with clients surrounds which costing method will be used for inventory. For users in the finance department, the inventory valuation comprises a large portion of their balance sheet reporting; and if salesperson bonuses are based on sales…

14 July 2020

Dynamics NAV & BC Tips & tricks

Costing and Production Options in Microsoft Dynamics NAV

Microsoft Dynamics NAV can help companies in so many ways: streamlining accounting procedures, simplifying invoicing, and increasing efficiency of supply chain operations to name just a few. However, the software’s effectiveness is only as good as its use. We often find clients who have forgotten to…

28 August 2018

Dynamics NAV & BC Tips & tricks

The missing “Production Order – Final Costing” report in Dynamics NAV

Every time I implement the Dynamics NAV manufacturing module with a new customer, I am puzzled by the lack of progress reports for production orders. When an item is created for manufacturing, there are plenty of reports. Bron : Aphorisms about Microsoft Dynamics NAV Lees meer...

23 June 2017

Dynamics NAV & BC Tips & tricks

Costing Issue in Microsoft Dynamics NAV

I was surprised to find this major error in one of our client’s Microsoft Dynamics NAV instance. It came about when they converted an Item from produced to purchased. They changed the replenishment system field from Prod. Order to Purchased. They had left the BOM and…

30 May 2016

Dynamics NAV & BC Tips & tricks

What about FEFO and Costing

After my the last article, I’ve got comments about FEFO. First, thanks for reading my blog :), and then yes, it deserves to write a few sentences about it, because it is very useful feature in NAV. Bron : Totovic NAV Blog Lees meer...

25 March 2016

Dynamics NAV & BC Tips & tricks

Costing in NAV – Inventory Posting

Costing methods usually differ in the way that they value inventory decreases. But, regardless of what costing type you use, all of them have minimum one common thing. When the quantity on inventory is zero, the inventory value must also be zero. The next common thing…

17 March 2016