ERP Functionality & Domain

I have this client who operates in very specific conditions: majority of their vendors are foreign companies which invoice them in a foreign currency (USD) and almost invariably ask for at least 50% prepayment. NAV can handle prepayments and foreign currencies like a charm—the issue lies elsewhere: the fluctuations of currency exchange rate can easily cause real and tangible losses.

Long time no see, eh? I know I’ve promised to write about a lot of stuff here, and I see this queue of you hardly waiting to read my next topic on process manufacturing, but I am just far too lazy to think it out thoroughly. So, an easier one, but still about manufacturing.

It’s hardly any news for the lucky 21 countries which have had them by default for about two years, but for other 18 which haven’t, there is an alarmingly low awareness about three interesting NAV functionalities: Liquidity , Cost Accounting and Kitting .

There are three kinds of people: those who watch things happen, those who make things happen, and those who wonder what happened. The world is in crisis. Some countries are hit harder than the others, some markets have sunk deeper than the others, but the effects of global economic recession are obvious, and if the crisis didn’t hit you yet, fasten your seatbelt—it surely will.

One of the major tasks I decided to undertake here on this blog in 2009 was to create a comprehensive Microsoft Dynamics NAV Functionality Catalog . When you are making a decision to implement any large scale business management or ERP system, it can take dozens of presentations to learn about the…

A blog reader has asked me for help about an allegedly strange behavior of items with serial number tracking. They had a customer who had serial number tracking switched on for an item with FIFO costing method. Whenever they posted a sales transaction, they chose the serial number manually.

They say the only constant is change. I’d say that the only other constant is error. We humans tend to err. Give a repeatable task to a human, and they’ll mess it up every once in a while. Some call it the human factor . One of the many repeatable tasks in Microsoft Dynamics NAV is setting up items.

I’ve stumbled recently upon a support request, where a partner asked if there was a possibility to register purchases of services in Microsoft Dynamics NAV. When it comes to selling services, such as consulting, or repairs, NAV is your true friend, because you can use Resources to register sales against them.

A few days ago, I’ve got a question from a customer, about an alleged bug in Microsoft Dynamics NAV. According to online help, when you are posting output in manufacturing module, the last line of the type Output in the journal will actually adjust the inventory level.

In reality, if you need 1,000 of whatever product, the manufacturing process is rarely going to yield exactly 1,000 of it, even if you feed into the first operation the exact quantities of raw materials system calculated as gross requirements. The process may produce 980 or 1,020, but is hardly ever going to be exactly 1,000.