Course 8389B:

Microsoft Business Solutions - Navision 4.0 Manufacturing Costing

Length:96 Pages
Published:October 27, 2004
Language(s):English
Audience(s):IT Professionals
Level:
Technology:Microsoft Dynamics NAV 4.0
Type:Course
Delivery Method:Instructor-led (classroom)
About this Course
This one-day course explores the manufacturing costing functionality of Microsoft Business Solutions-Navision from a user's perspective. Modules in this hands-on classroom experience include functionality available in the standard edition of Microsoft Navision. Application functionality discussed in the course includes: calculation of standard costs, determination of inventory values, revaluation of inventory, and posting of inventory costs in a manufacturing environment. All material used in the Manufacturing Costing course is based on Release 4.00 of Microsoft Navision.
Audience Profile
This training material is intended for employees of Microsoft Certified Business Solutions Partners, implementing and supporting Microsoft Navision for Manufacturing, with a focus on inventory management. This audience typically includes application consultants who are tasked with assessing a customer's business needs and advising them on the use, configuration, and customization of the application. Additionally, employees of Microsoft-Subsidiaries who sell and support Microsoft Navision for Manufacturing also benefit from the course.
At Course Completion
After completing this course, students will be able to:
  • Understand basic concepts and terms used in inventory accounting specific to manufacturing companies.
  • Understand inventory, capacity, and production order posting.
  • Set up cost elements and calculate standard costs.
  • Understand how costs incurred by manufacturing companies are accounted for.
  • Determine inventory values.
  • Post inventory costs to the general ledger.
  • Perform an inventory revaluation.
  • Use the standard cost worksheet to update standard costs.
Course OutlineModule 1: introduction
This chapter describes the basic structure of the course provides additional information required by participants to successfully complete the course.
Module 2: Concepts and Terms
This chapter introduces basic concepts and terms commonly used in inventory accounting that are specific to manufacturers.
Lessons
  • Manufacturing Costs
  • Cost Accounting for a Manufacturer
Module 3: Manufacturing Costing Principles
This chapter identifies the cost accounting aspects specific to a manufacturing environment and provides a general description of the principles employed by the program to handle these aspects.
Lessons
  • Accounting for Manufactured Inventory in Microsoft Navision
Module 4: Manufacturing Costing Functionality
This chapter explains in detail the functioning of the manufacturing cost accounting mechanism in Microsoft Navision.
Lessons
  • Manufacturing Costs
  • Production Order Costing
  • Inventory Valuation
  • Posting Inventory Costs to the General Ledger
  • Inventory Revaluation
Module 5: Standard Cost Worksheet
This chapter describes the benefits and functionality of the standard cost worksheet.
Lessons
  • Using the Standard Cost Worksheet
To successfully participate in the Manufacturing Costing course or complete the training in the self-teaching manner, participants must have passed the Microsoft Navision Inventory Costing and Microsoft Navision Manufacturing tests or have equivalent experience with the Microsoft Navision application.
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