This class will launch with a brief demonstration of new Inventory Control features of Microsoft Dynamics GP 2013, then move on to the math of how inventory is valued using each method. This is crucial to understanding how your inventory should be reconciled to the General Ledger. Next, we’ll perform stock counts and share best practices of stock counts with each other. We’ll discuss how damaged goods affect inventory and values, experiment with various options for dealing with damaged goods (including In-transit Transfers and Purchase Order Processing Returns). Then it’s time for the main event, comparing our inventory value to the values in the General Ledger. Finally, we’ll review available reporting and inquiries to help make this process easier.
