Are your item costs accurate in Dynamics 365 Business Central?

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Are your item costs accurate in Dynamics 365 Business Central?

Properly controlling and analyzing inventory costs is just as important as setting the proper selling price of inventory. When organizations calculate profitability by item or category they will often have an inaccurate picture of their true cost of inventory. The cost of shipping and receiving goods is full of hidden costs such as customs & duties, transportation cost, and insurance just to name a few. In Business Central a charge item can be used to properly record an additional landed cost and update the inventory cost layer for the received good. This can be accomplished days or even weeks after the item has been received.

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About the Author

Chris Zeiler

About ACE Micro, LLC

ACE Micro, LLC is a professional services firm committed to delivering business solutions to small and medium sized organizations. Their focus is on delivering products and services that improve their business operations. ACE has strong expertise and continues to develop specialties in serving the lite manufacturing, distribution, and hospitality industries.