Session

Demystifying Inventory Costing in Microsoft Dynamics Business Central

Unlock the mysteries of inventory costing with our comprehensive session on Microsoft Dynamics Business Central. Dive deep into the various costing methods—FIFO, LIFO, Bucketed Weighted Average, Specific, and Standard Cost—and learn how each one works in Business Central. This engaging session will guide you through the impact of these methods on financials and provide best practices for achieving accurate inventory valuation and seamless financial reporting. Whether you're new to inventory costing or an experienced user, you'll gain valuable insights to elevate your understanding and optimize your inventory management.

Join us as we transform complex concepts into clear, actionable knowledge, enhanced by insights and feedback from industry experts. Discover why Dynamics Business Central stands out as the superior choice for inventory costing and management. This session promises to take you from a beginner to an intermediate level and beyond, ensuring you leave equipped with the essential strategies for leveraging Business Central's robust costing capabilities. Don't miss this opportunity to enhance your skills and improve your business's financial accuracy and efficiency!

Session Structure
1. Introduction to Inventory Costing Principles
2. Application of Costing Methods in Business Central
3. Next Steps and Further Learning

This session is primarily targeted at consultants who want to gain a solid understanding of how inventory costing works in Business Central. However, developers working on the inventory module will also benefit from this training, as it provides valuable insights into how Business Central’s inventory costing functionality operates. By understanding the underlying principles, developers can create more effective solutions that align with business requirements.

A basic understanding of Business Central is required for this session. You do not need to be an accountant or have prior knowledge of inventory costing principles, as we will cover everything from the basics. This course provides a level 100-200 overview, making it accessible to those new to inventory costing while still offering valuable insights for those with some experience.

Berny During

BC/NAV Microsoft Certified Trainer in MEA region for 27 years

Johannesburg, South Africa

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