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Business Central Standard Cost Documentation

  • 1.  Business Central Standard Cost Documentation

    SILVER CONTRIBUTOR
    Posted Jul 31, 2019 03:06 PM
    Hello,   does anyone know of high quality standard cost documentation.  The reader is a consultant.

    Thank you

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    David Cameron
    Microsoft Financial Consultant
    Templer Group
    ANCASTER ON
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  • 2.  RE: Business Central Standard Cost Documentation

    Posted Jul 31, 2019 03:31 PM
    David

    I don't know how "High Quality" you need the document(s) need to be, but here are some links:
    https://docs.microsoft.com/en-us/dynamics-nav-app/finance-about-calculating-standard-cost
    https://docs.microsoft.com/en-us/dynamics-nav-app/finance-how-to-update-standard-costs
    https://www.archerpoint.com/blog/Posts/using-standard-costs-dynamics-nav

    Good Luck!

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    Alfredo Zelaya
    Sr. Systems Analyst
    Megadyne Americas LLC
    Fairfield NJ
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  • 3.  RE: Business Central Standard Cost Documentation

    TOP CONTRIBUTOR
    Posted Jul 31, 2019 04:45 PM
    David,

    I will suggest that there is no single good source. You sort of have to read them all. All the blogs , all the You Tubes , all the record webinars on NAVUG. No one source will contain it all and you need to synch it all together and it will still surprise you.

    There is a Dynamics whitepaper on Costing ( all methods) out there . I see if I can find it and post the location or link  ahhhhh….here it is

    https://community.dynamics.com/nav/b/goerpcloudnavblog/posts/inventory-costing-technical-white-paper-for-microsoft-dynamics-nav-2013


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    Michael Carr
    VP , Finance
    Philadelphia Scientific LLC
    Montgomeryville PA
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  • 4.  RE: Business Central Standard Cost Documentation

    Posted Sep 09, 2019 10:03 AM
    David, did you end up finding anything?  I've been looking as well.  Would you mind sharing?  Thank you!

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    Janee Baker
    Financial Analyst
    R. L. Hudson
    Broken Arrow OK
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  • 5.  RE: Business Central Standard Cost Documentation

    SILVER CONTRIBUTOR
    Posted Sep 10, 2019 11:53 AM
    Hi Janee,  as Michael and Alfredo pointed out you have to compile your own.  I intend on putting together presentations on Costing for Standard, FIFO for Job Order and Production Order manufacturing business and placing them on the NAVUG.  Will send copies to the 3 of you if you want them.  This may take me a week or more to finish.

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    David Cameron
    Microsoft Financial Consultant
    Templer Group
    ANCASTER ON
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    Conference-BCNAVUG_200x200


  • 6.  RE: Business Central Standard Cost Documentation

    TOP CONTRIBUTOR
    Posted Sep 11, 2019 08:59 AM
    David and Janee,

    If you are going to Summit Orlando you will want to check out the following session with will cover an awful lot of the issues and concepts you need to understand

    FIN66 - What's in a Costing Method? Options and Impacts: 9:45 AM to 10:45 AM on Wednesday - Amanda Meyer
    FIN49 - Standard Cost Design, Implementation, and Alternatives in NAV 2018 at 2 PM EST on Wednesday - Michael Carr

    Get66 - Inventory Costing 101 is at 2 PM EST on Wednesday - Tom Blaisdell

    MFG58 - Manufacturing 301: A Deep Dive with Costing - Jeremy DeVries and Tom Blaisdell

    All those interested in costing questions come to Orlando!

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    Michael Carr
    VP , Finance
    Philadelphia Scientific LLC
    Montgomeryville PA
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    Conference-BCNAVUG_200x200


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