Purchasing Tips and Inventory Tricks in Dynamics GP
Jeff Smith and John DeHaven present these basic and intermediate tips for improved purchasing and inventory management. Read to see the list.
Jeff Smith and John DeHaven present these basic and intermediate tips for improved purchasing and inventory management. Read to see the list.
Table of Content
Ohio Microsoft Dynamics GP consultants Jeff Smith and John DeHaven presented these basic and intermediate tips for improved purchasing and inventory management as part of their “Getting More out of Dynamics GP: 50 Tips in 50 Minutes” presentation at Aspire, Socius annual conference.
Payables Management includes a 3 digit alphanumeric field used to prioritize vendors. A simple ABC is generally more effective than a bunch of 3 digit numbers. For example, A could be used for highest priority vendors. Use this to actively decide which vendors are critical now, not when a crisis hits. This field can be used to select vendors during the check selection process.
If you are not charged sales tax by a vendor and need to self-remit use tax for a P.O. use these steps:
Option 2
The new Historical Inventory Trial Balance (HITB) report is designed to help balance inventory to the GL regardless of the inventory valuation method. It is available with GP 10 Feature Pack 1.
More info here.
More info here.
These tips were originally presented by Microsoft at Convergence 2009. Get more tips and tricks for Microsoft Dynamics GP use and interact with thousands of GP users at Convergence 2010 in Atlanta, GA!