What's New in Microsoft Dynamics NAV 5.0 - Application, Part II
Course 8714: Two days; Instructor-Led

To successfully participate in this course, participants must be familiar with past versions of Microsoft Dynamics NAV, specifically with NAV 4.0, so that they can better understand the significance of the new features. The material is not suitable for new consultants, who must attend one of Global Training's core Microsoft Dynamics NAV courses. More information about core course material can be found on PartnerSource and CustomerSource.

Microsoft Certified Professional Exams

No Microsoft Certified Professional exams are associated with this course currently.

Course Materials

The student kit includes a comprehensive workbook and other necessary materials for this class.

Additional Reading

To help you prepare for this class, review the following resources:
• Any existing core training material that covers the included topics
• Any white papers that cover the included features

Introduction
Course Outline

Chapter 1: Item Tracking - Usability
• Outbound Serial/Lot Numbers
• Demonstration - Selling from a Specific Lot
• Demonstration - Selecting Serial/Lot Numbers from a Bin
• Demonstration - Selecting the First Serial Number to Expire
• Serial/Lot Numbers and Reclassification
• Demonstration - Change Expiration Date and Group in Lot
• Serial/Lot Numbers in Physical Inventory Counting
• Demonstration - Count Inventory of Serial/Lot Numbers
• Reservations with Serial/Lot Numbers
• Demonstration - Reshuffling a Non-Specific Reservation

Lab
• Lab - Auto-pick Hard Disk Drives by FEFO

The goal after completing this chapter is to enable students to:
• Select one or multiple serial/lot numbers based on availability, bin, and expiration date.
• Reclassify serial/lot numbers and reuse information cards.
• Count serial/lot numbers for detailed physical inventory.
• Reserve items carrying serial/lot numbers.

Chapter 2: Item Tracking - Transparency

Lessons
• Item Tracing
• Demonstration - Trace from Usage to Origin
• Demonstration - Trace from Origin to Usage
• Navigate with Serial/Lot Numbers
• Demonstration - Find all Occurrences of LOT01
• Serial/Lot Numbers in Printed Documents and Reports
• Demonstration - Print an Item Tracking Appendix
• Item Expiration Report
• Demonstration - Preview When Inventory Items Expire

Labs
• Lab - Trace Reclassification into EXLOT
• Lab - Find all Expired Items

The goal after completing this chapter is to enable students to:
• Trace posted serial/lot numbers throughout the supply chain.
• Navigate with serial/lot numbers.
• Print serial/lot number documents.
• View all expired items.

Chapter 3: Item Tracking - Integration

Lessons
• Synchronization between Warehouse and Inventory
• Demonstration - Serial/Lot Number Reclassification in WMS
• Serial/Lot Numbers and Cost Reversal
• Serial/Lot Numbers in Jobs
• Serial/Lot Numbers in Services

The goal after completing this chapter is to enable students to:
• Ensure synchronization between WMS and Inventory.
• Reverse serial/lot numbers in returns processing.
• Outline the use of serial/lot numbers in jobs and services.

Chapter 4: Order Tracking

Lessons
• Track all Demand Types from the Planning Worksheet
• Demonstration - Tracking Demand
• Demonstration - Tracking Demand from Multiple Sources
• Overview of Fields

Lab
• Lab - Track Demand

The goal after completing this chapter is to enable students to:
• Select one or multiple serial/lot numbers based on availability, bin, and expiration date.
• Reclassify serial/lot numbers and reuse information cards.
• Count serial/lot numbers for detailed physical inventory.
• Reserve items carrying serial/lot numbers.

Chapter 5: Inventory Costing - Trustworthiness

Lessons
• Inventory Periods
• Demonstration - Closing Inventory Periods
• Demonstration - Enable Delayed Posting - View Audit Tail
• Sales Statistics Showing Cost Adjustment
• New Principle in Cost Adjustment Posting
• Demonstration - Adjustment Date is the Sales Invoice Date
• Improved Inventory Posting Structure in G/L
• Extensions to Periodic Average Costing

The goal after completing this chapter is to enable students to:
• Explain the benefits of using inventory periods.
• Close an inventory period.
• Follow the audit trail of changes made to inventory periods.
• Explain how inventory periods align with accounting periods.
• View sales and customer statistics based on adjusted cost.
• Explain new posting principles of the adjustment batch job.
• Describe the improved inventory posting structure in G/L.
• Explain the new average cost principles and the effect of setup options.

Chapter 6: Inventory Costing - Transparency

Lessons
• Traceability Between G/L Entries and Value Entries
• Demonstration - Trace the Origin of an Unexpected G/L Total
• Inventory - G/L Reconciliation Tool
• Demonstration - Audit Inventory Reconciliation
• Insight to Average Cost Dynamics
• Demonstration - Drill into Source Entries of an Average Cost
• Demonstration Review Effect of Average Cost Period Setup
• Cost Shares Breakdown Report
• Demonstration - Report Detailed Cost Shares of Sales

Lab
• Lab - Analyze Business Figures with the Reconciliation Tool

The goal after completing this chapter is to enable students to:
• Trace costs between the inventory ledger and G/L.
• Analyze if and how the inventory ledger is reconciled with G/L.
• Get detailed insight into the dynamics of periodic average costs.
• View costs broken into Inventory, WIP, and COGS.

Chapter 7: Inventory Costing - Usability

Lessons
• Objectives
• Introduction
• Demonstration - Reverse a Sales Invoice Containing Multiple Shipments
• Demonstration - Return Only Reversible Quantity
• Application Worksheet
• Demonstration - Remove Sales Applications to Enable a Purchase Return
• Improved Usability of Costing Batch Jobs
• Demonstration Prevent a Transaction with Dimension Error
• Costing Setup and Monitoring on Item Cards
• Conclusion
• Test Your Knowledge - Inventory Costing - Usability
• Quick Interaction: Lessons Learned

The goal after completing this chapter is to enable students to:
• Ensure exact cost reversal of returned items per posted document line.
• Apply and unapply entries in a new application worksheet.
• Run the costing batch jobs quicker and without errors.
• Get immediate insight into costing status and setup from item cards.

Chapter 8: Jobs - Set Up and Use

Lessons
• Schematic Overview
• Setting Up a New Job
• Demonstration - Setting Up a New Job
• Setting Up Job Tasks
• Demonstration - Setting Up Job Tasks
• Setting Up Job Related Prices and Discounts
• Demonstration - Setting Up Job Related Prices and Discounts
• Setting Up Planning Lines
• Demonstration - Setting Up Planning Lines
• Posting Consumption
• Demonstration - Posting Consumption
• Posting Additional Expenses
• Demonstration - Posting Additional Expenses
• Posting Extra Usage
• Demonstration - Posting Extra Usage
• Invoicing
• Demonstration - Invoicing
• Viewing Job Statistics
• Demonstration - Viewing Job Statistics
• Copying a Previous Job
• Demonstration - Copying a Previous Job

Labs
• Lab - Planning a Job
• Lab - Carry Out and Invoice a Job

The goal after completing this chapter is to enable students to:
• Set up a new job
• Set up job tasks
• Set up job related prices and discounts
• Set up planning lines
• Post consumption
• Post additional expenses
• Post extra usage
• Invoice a job to customer
• View job statistics
• Copy a previous job

Chapter 9: Jobs - Advanced Facilities

Lessons
• Handling Payment by Installments and Advanced Payments
• Demonstration - Handling Payment by Installments
• Finalizing the Job
• Demonstration - Finalizing the Job
• Using Item Tracking In Jobs
• Demonstration - Using Item Tracking In Jobs
• Issuing a Credit Memo Regarding a Job
• Demonstration - Issuing a Credit Memo Regarding a Job
• Handling Jobs in Foreign Currency
• Demonstration - Handling Jobs in Foreign Currency
• Invoicing Jobs in Foreign Currency
• Demonstration - Invoicing Jobs in Foreign Currency

Lab
• Lab - Payment by installments

The goal after completing this chapter is to enable students to:
• Handle payment by installments
• Finalize the job
• Use item tracking in Jobs
• Issue a credit note regarding a job
• Handle jobs in foreign currency
• Invoice jobs in foreign currency

Chapter 10: Jobs - WIP Concepts

Lessons
• Calculating and Posting WIP
• Demonstration - Calculating and Posting WIP
• WIP Concepts in Microsoft Dynamics NAV 5.0
• Excluding a Job Task from WIP Calculation
• Demonstration - Excluding a Job Task from WIP Calculation

Lab
• Lab - Calculate WIP and Finalize the Job

The goal after completing this chapter is to enable students to:
• Calculate and post WIP
• Examine WIP concepts in Microsoft Dynamics NAV 5.0
• Exclude a job task from WIP calculation

Appendix A: Customizing Item Tracking Reports

Lessons
• Generic Report - Item Tracking Appendix
• Implementing Item Tracking on Existing Reports

After completing this appendix the goals is to enable developers to customize existing reports to show serial/lot numbers.