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M8348: Great Plains V8.0 Inventory Control

1 Day Course
Code M8348

This course has been retired. Please view currently available Business Solutions Training Courses.

Modules

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Overview (4 topics)

  • Course Description
  • Module Overview
  • Process Flow
  • Other Features

Setup Procedures (16 topics)

  • Procedures for Setting up Inventory Items
  • Item Classes
  • Unit of Measure
  • Price Levels
  • Prices Groups
  • Inventory Items
  • Price Lists
  • Inventory Quantities
  • Bins
  • Purchasing
  • Vendors
  • Kits
  • Lot Categories
  • Reports
  • Beginning Quantities
  • Stock Calendar

Inventory Control Daily Procedures (8 topics)

  • Inventory Batch Posting
  • Inventory Single Posting
  • Changing Quantity Types
  • Cost Variance Journals
  • Adjustment Transactions
  • Variance Transactions
  • Transfer Transactions
  • Stock Counts

Maintaining Records (10 topics)

  • Change and Delete Records
  • Change Valuation Methods
  • Change Decimal Places
  • Adjust Costs
  • Remove History
  • Remove Bins
  • Reconcile
  • Price List Utilities
  • Item Inquiries
  • Creating/Printing Inventor Reports

Period-End Procedures (5 topics)

  • Period-end Checklist
  • Printing Reports
  • Completing ABC Analysis
  • Closing the Fiscal Period
  • Year-end Closing

Prerequisites

Before attending this course, students must have: - General knowledge of Microsoft Windows. - Knowledge of basic navigation functions in Great Plains. - Completion of General Ledger, Receivables Management, and/or Payables Management training course required.
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