Microsoft Dynamics GP Inventory Control (8512)

Course Code: 
C560
Vendor: 
Microsoft
Subject: 
Microsoft Dynamics
Overview: 

You learn how to control inventory challenges and maximize your company's net profits based on the way you do business. This course shows you how to define default inventory account numbers, COGS, variances, sites, product classes, valuation methods and more, which will improve efficiency and cut down on costly data entry errors. This course shows you how to group items for pricing, promotional, or analytical purposes and by type, such as finished goods, raw material, component, and more. You learn how to quickly find information such as inventory quantity on hand, quantity available, quantity on back order, costs, and list prices, and where to drill down to transaction details. You learn how to manage multiple sites, multiple bins within sites, negative quantities, and lot/serial numbers. You see how Lot/Serial Number tracking is streamlined during inventory transaction entry.

Prerequisites: 

Before attending this course, students must have:

  • General knowledge of Microsoft Windows
  • Knowledge of basic navigation functions in Microsoft Dynamics GP
  • Completion of General Ledger, Receivables Management, and/or Payables Management training course required
Benefits: 

After completing this course, students should be able to:

  • Understand how Inventory Control module transactions integrate with other Dynamics GP modules and improve your business bottom line
  • Use the Inventory Control module to process receipts, make adjustments to inventory, and transfer transactions
  • Use Inventory Control inquiry screens and reports to extract and analyze appropriate information to maintain and improve inventory business processes
  • Create and assemble kits
  • Understand how maintenance screen options affect transactions in the Inventory module
  • Process physical inventory transactions and record the results
  • Document month end processes and close the Inventory module
  • Define setup options for the Inventory module that allow you to customize your system to better fit your organization's unique needs
Audience: 

Inventory Control training is recommended for anyone who plans to implement, use, maintain, consult, or support any part of the Inventory and Order Processing series. The class is targeted toward administrators, office managers, CEOs, and consultants who need to understand the technical aspects of Inventory Control and gain foundational knowledge of the application functionality.

Course Contents: 
  • Chapter 1: Overview
  • Chapter 2: Setup Procedures
  • Chapter 3: Inventory Control Daily Procedures
  • Chapter 4: Maintaining Records
  • Chapter 5: Period-End Procedures

For more Information about the course outline and contents please CLICK HERE

Materials Included: 
Yes
Duration: 
1 Day
For more infromation on Microsoft Dynamics GP Inventory Control (8512) please feel free to contact us online or call us at 416-646-4744.