Dynamics 365 Business Central, formerly known as Dynamics NAV, has a number of inventory valuation methods it supports including FIFO, LIFO, Average, Standard and specific (Serial No only). The system will update and maintain proper cost buckets for each inventory journal entry based on the valuation method selected for the given item.
Some of our clients are seeing incorrect inventory values due to simple data entry errors that can be avoided during the item journal entry. The most common pages which see a problem with unit cost is a positive inventory adjustment and a physical inventory adjustment.
In the attached video, we cover some of the areas you need to be concerned with when recording inventory adjustments.
If you like us to be part of your Implementation Team, please feel free to call us at Tel. (855) 227-0700 or contact us via e-mail.
