Dynamics 365 Supply Chain Inventory Costing | Valuation, Cost Models, Close & Recalculation
Learn Inventory Costing in Microsoft Dynamics 365 Supply Chain Management, including inventory valuation methods, Item Model Groups, FIFO, Weighted Average, Standard Cost, Moving Average, costing versions, inventory close, recalculation, adjustments, and General Ledger integration.
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Sneak peek inside!
Sneak peek inside!
Course Length: 00 Hours 55 Minutes 51 Seconds
The paid version of this course contains videos on the following topics:
Overview
This course provides comprehensive practical training on Inventory Costing in Microsoft Dynamics 365 Supply Chain Management. You’ll learn how inventory valuation and costing policies affect purchased, manufactured, and stocked products, how Item Model Groups define inventory valuation behavior, and how inventory transactions, costing methods, recalculation, inventory close, adjustments, and General Ledger integration support accurate inventory accounting.
What You Will Learn
- Understand Inventory Costing in Microsoft Dynamics 365 Supply Chain Management
- Understand Inventory Accounting and Manufacturing Accounting
- Understand inventory valuation methods
- Understand Item Model Groups and their relationship to inventory costing
- Understand FIFO inventory valuation
- Understand Weighted Average inventory valuation
- Understand Standard Cost
- Understand Moving Average
- Understand physical and financial inventory transactions
- Understand inventory receipt and issue costing
- Understand Cost of Goods Sold and inventory-value relationships
- Understand Inventory Recalculation
- Understand Inventory Close
- Understand inventory settlements and adjustments
- Understand inventory dimensions used during costing
- Understand inventory-cost adjustments
- Understand Costing Versions and item cost records
- Understand Planned Cost and Standard Cost concepts
- Understand manufacturing cost components and Cost Groups
- Understand Costing Sheets and indirect manufacturing costs
- Understand Inventory Costing integration with General Ledger
- Support accurate inventory valuation and financial reporting
Course Overview
This module includes hands-on demonstrations of:
- Reviewing Inventory Costing in Microsoft Dynamics 365 Supply Chain Management
- Reviewing Item Model Groups and inventory valuation methods
- Reviewing inventory receipt and issue transactions
- Understanding physical and financial inventory costs
- Reviewing inventory-value and Cost of Goods Sold relationships
- Reviewing Inventory Recalculation
- Reviewing Inventory Close
- Understanding settlements and cost adjustments
- Reviewing Costing Versions and item cost records
- Understanding manufacturing costing and Cost Groups
- Understanding Costing Sheets and indirect costs
- Understanding Inventory Costing integration with General Ledger
Outcome
By the end of this course, you’ll understand Inventory Costing in Microsoft Dynamics 365 Supply Chain Management, including inventory valuation methods, Item Model Groups, inventory transactions, recalculation, Inventory Close, adjustments, Costing Versions, manufacturing costs, and General Ledger integration.
