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MOC 80229 - Inventory Control in Microsoft Dynamics GP 2010

Delivery Options

Class Date and Time Price Pricing Information
$475.00
or 1 vouchers voucher
$475.00 or 1 vouchers voucher
$475.00 or 1 vouchers voucher

Class Description

Class Overview

This Microsoft Dynamics GP Inventory Control training class explores all aspects of the Inventory Control module, from the initial setup of inventory items and the multiple methods of valuation supported, to the types of inventory transactions available and the tight integration to the Purchase Order Processing and Sales Order Processing modules. This course also shows you how to define default system parameters to improve user efficiency and cut down on costly data entry errors. These parameters include General Ledger accounts used in the Inventory Control module, as well as sites, product classes, valuation methods, and more.

Class Goals

  • Learn how Inventory Control module transactions integrate with other Microsoft Dynamics GP 2010 modules
  • Learn to define Inventory Control setup options that allow you to customize the system to better fit your organization's unique needs
  • Learn to use the Inventory Control module to process receipts, make adjustments to inventory, and transfer transactions in Dynamics GP 2010
  • Learn to use Inventory Control inquiry screens and reports to extract and analyze appropriate information to maintain and improve inventory business processes
  • Learn to create and assemble kits in Dynamics GP 2010
  • Learn to understand how maintenance screen options in Dynamics GP 2010 affect transactions in the Inventory Control module
  • Learn to process physical inventory transactions and record the results in Dynamics GP 2010
  • Learn to document month-end processes and close the Inventory Control module

Class Outline

  1. Overview and Setup
    1. Course Description
    2. Module Overview
    3. Process Flow
    4. Inventory Setup
    5. Unit of Measure
    6. Price Levels
    7. Price Groups
    8. Lab: Overview and Setup
      1. Inventory Control Setup
      2. Unit of Measure Schedule Setup
      3. Price Level Setup
      4. Price Group Setup
      5. Lot Category Setup
      6. Stock Calendar Setup
  2. Item and Pricing Setup
    1. Item Class Setup
    2. Item Maintenance
    3. Item Accounts
    4. Item Price Lists
    5. Item Quantities
    6. Item Purchasing Options
    7. Item Vendors Maintenance
    8. Item Kits
    9. Site Maintenance
    10. Item Stock Count Cycle
    11. Customer Item Maintenanc
    12. Beginning Quantities
    13. Item History
    14. Lab: Item and Pricing Setup
      1. Item Class Setup
      2. Accounts Setup
      3. Site Maintenance
      4. Item Maintenance
      5. Item Price List
      6. Item Quantities/Sites Maintenance
      7. Item Site Default Bins
      8. Item Quantity Stock Count
      9. Item Purchasing Options
      10. Item Vendor Maintenance
      11. Customer Items
  3. Daily Procedures
    1. Transaction Entry Overview
    2. Posting Overview
    3. Inventory Batch Entr
    4. Adjustment and Variance Transactions
    5. Item Transfers
    6. Bin Transfer Entry
    7. In-Transit Transfer
    8. Stock Count Scheduling
    9. Stock Count Entry
    10. Lab: Daily Procedures
      1. Increase Adjustment
      2. Variance Transaction
      3. Transfer Transaction
      4. In-Transit Transaction
      5. Stock Count Schedule
      6. Stock Count Entry
  4. Editing and Removing Records
    1. Change and Delete Records
    2. Reconcile
    3. Adjust Cost
    4. Change Valuation Method
    5. Change Decimal Place
    6. Price List Utilitie
    7. Remove Histor
    8. Remove Bins
    9. Purge In-Transit Transfe
    10. Using Inquiry Windows
    11. Reports
    12. Report List
  5. Period-End Procedures
    1. Period-End Procedures
    2. Year-End Closing Procedures

Class Materials

Each student in our Live Online and our Onsite classes receives a comprehensive set of materials, including course notes and all the class examples.

Class Prerequisites

Experience in the following areas is required:

  • General knowledge of Windows
  • Knowledge of basic navigation functions in Microsoft Dynamics GP
  • Completed Microsoft Dynamics GP General Ledger, Receivables Management, and/or Payables Management training

Technical Requirements

Our computer technical requirements and setup process is easy, with support just a click away.

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