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Production Costing in Microsoft Dynamics 365 for Finance and Operations

January 31 @ 09:00 - 16:00

|Recurring Event (See all)

One event on December 6, 2018 at 9:00am

One event on January 31, 2019 at 9:00am

One event on May 9, 2019 at 9:00am

One event on October 10, 2019 at 9:00am

One event on December 19, 2019 at 9:00am

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(Last Updated On: January 23, 2019)

This 1-day course Production Costing in Microsoft Dynamics for Finance and Operations is for those, who want to be deep-dive into Production Costing thru principles overview, set-up and everyday examples and business scenarios, as well as plenty of hands-on labs.

We deep dive into the tools available for analysis on topics introduced in our course Inventory Costing and Valuation in Microsoft Dynamics for Finance and Operations including revaluation, reconciliation, and reporting. As part of reporting, you will also be introduced topics BI.

Typical participant profiles:
The course is for experienced financial management, cost accountants, production staff, and others in an organization that is responsible for the setup and administration of production costing, inventory costing and valuation functionality, as well as accountants, super users, controllers, consultants.

Prerequisites:
It is essential to have participated in our course Inventory Costing and Valuation in Microsoft Dynamics for Finance and Operation or in other ways have obtained equivalent knowledge.

Level:

200-300 (Intermediate-Advanced).

During this Production Costing in Microsoft Dynamics for Finance and Operations we will work into further details from our course Inventory Costing and Valuation in Microsoft Dynamics for Finance and Operation, introduce several new tools and work with them in detail.

During this 1-day class, you will work hands-on with our hands-on labs with guidelines.

Topics covered
Introduction and overview

Fundamental costing principles and the costing flow (recap)

Cost types

  • Bill of Material (BOM) calculation
  • Labor Cost
  • Material Cost
  • Overhead Cost

Inventory closing, recalculation and Cost Explorer

  • Inventory closing Best Practice
  • Recalculation
  • Adjustments
  • The Cost Explorer toolset
    • Overview
    • Deep Dive
      • Example: Sales Order
      • Example: Production Order
      • More

Tools, Reports, Screens and Business Intelligence

  • Costing Versions
  • Costing Sheet
  • Cost Explorer
  • Standard Cost Analysis

Wrap-up

  • Questions and answers
  • Extra topics (time permitting)
    • Cost Accounting (overview only)
    • Cost Explorer
    • Inventory reconciliation and reporting

Price for this course includes training manuals, training environment, food and beverages during the training.

Training manuals
We will provide our own developed and updated AXcademy training materials and/or training materials from Microsoft.
Training manuals are provided printed and/or as files.
Each student will receive copies to annotate and keep.

Training environment

During the training, each student will have access to their personal copy of Microsoft Dynamics 365 for Finance and Operations training environment (with standard Contoso demo data) free of charge.

To ensure the best possible learning environment, a world-class instructor with loads of real-life technical experience in Microsoft Dynamics 365 for Finance and Operations is in place, and the number of participants is limited to 10 students.

Food and beverages
Food and beverages are provided during the training hours.
•Light breakfast before the start
•Morning break
•Lunch of high quality and variety
•Afternoon break
•Water, coffee/tea, soft drinks, fruits throughout the day.

(Actual offerings vary depending on the actual training location. For special food requirements, please ask well in advance of the class start date)

Not included
Travel
Accommodation
Any certification exams

Production Costing in Microsoft Dynamics 365 for Finance and Operations