Job Costing in Microsoft Dynamics NAV 2009

Code: 50226
Course duration: 2 days
Location Period
Greenwich, Connecticut (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Instructor-Led) 10-06
09:00AM to 05:00PM
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Mid-Town New York City (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Attend Online 10-06
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 10-06
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 10-06
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Mid-Town New York City (Instructor-Led) 11-03
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Attend Online 11-03
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 11-03
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 11-03
09:00AM to 05:00PM
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Mid-Town New York City (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Attend Online 12-08
09:00AM to 05:00PM
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NYC-23rd Street (Instructor-Led) 12-08
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 12-08
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 12-08
09:00AM to 05:00PM
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Mid-Town New York City (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Attend Online 01-05
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 01-05
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 01-05
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Instructor-Led) 01-05
09:00AM to 05:00PM
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Newark, New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Attend Online 02-09
09:00AM to 05:00PM
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NYC-23rd Street (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Northern New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Secaucus, New Jersey (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Palm Beach County Florida (Instructor-Led) 02-09
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 02-09
09:00AM to 05:00PM
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Mid-Town New York City (Instructor-Led) 02-09
09:00AM to 05:00PM
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Greenwich, Connecticut (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
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Fort Lauderdale, Florida (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Mid-Town New York City (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Newark, New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Attend Online 03-09
09:00AM to 05:00PM
enroll
NYC-23rd Street (Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Northern New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Wilkes-Barre, Pennslyvania (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Secaucus, New Jersey (Virtual Instructor-Led) 03-09
09:00AM to 05:00PM
enroll
Palm Beach County Florida (Instructor-Led) 03-09
09:00AM to 05:00PM
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Job Costing in Microsoft Dynamics NAV 2009

Course 50226: Two Days; Instructor-Led

About this Course

This one-day instructor-led course provides students with the necessary tools to perform tasks in the job costing process, including planning a job, posting usage, invoicing, and the reclassification of costs when the Work in Process (WIP) and recognition periodic activities are used. The focus of this course is primarily on job processing activities and reviewing the posting results.

Audience Profile

This course is intended for individuals on the implementation team, administrating or using the modules in Microsoft Dynamics NAV 2009. This audience typically includes individuals who will be implementing and assisting Microsoft Dynamics NAV 2009 users. Additionally, individuals responsible for training or supporting Microsoft Dynamics NAV 2009 benefit from the course.

Prerequisites

There are no prerequisites for this course.

At Course Completion

After completing this course, students will be able to:

  • Set up a Role Center for working with jobs
  • Set up job posting groups
  • Set up alternative prices and discounts for jobs
  • Create a job card and set up the job schedule
  • Post job usage
  • Post additional expenses and extra usage for a job
  • Invoice a job
  • Issue a credit memo for a job
  • Handle job payment by installments
  • Calculate WIP and recognition
  • Post WIP and recognition to G/L
  • Finalize a job
  • Plan and invoice a job in foreign currency
  • Copy a previous job
  • Use item tracking in jobs

Course Outline

Module 1: Jobs Overview and Setup
This chapter defines jobs and gives an overview of the general job costing flow. Then, it describes the job posting groups that must be set up to successfully utilize the Job Costing module. Finally, the chapter outlines how to set up a Role Center that best suits the job costing, how to set up a job card, and then plan a job.
Lessons

  • Role Center Setup
  • Job Posting Groups Setup
  • Job Card Overview
  • Job Task Lines Setup
  • Alternative Prices and Discounts Setup
  • Job Planning Lines Setup

Lab : Create a new job

  • Create a new job
  • Set up job tasks
  • Set up agreed prices
  • Plan the expected consumption and sales

After completing this module, students will be able to:

    • Set up a Role Center for working with job costing.
    • Set up job posting groups.
    • Create and plan a job.
    • Set up special prices and discounts for a specific job.

Module 2: Usage Posting and Invoice
This chapter explains how to manage and monitor the job progress, how to post various types of job usage, and how to invoice a job that has no WIP posted to G/L. The procedure of copying the planning lines from one of the previously created jobs is also described in this chapter.
Lessons

  • Posting Job Usage
  • Posting Additional Expenses
  • Posting Extra Usage
  • Invoicing a Job
  • Job Analysis and Statistics
  • Copying a Previous Job

Lab : Carrying Out and Invoicing a Job

  • Create a new job card
  • Copy planning lines from a previous job
  • Post the job usage
  • Invoice the job

After completing this module, students will be able to:

    • Carry out and invoice a job.
    • Post job usage (consumption, additional expenses, extra usage).
    • View job statistics.
    • Analyze a job.
    • Copy a job.

Module 3: WIP Concepts
This chapter explains the WIP concepts in the Job Costing module. Then the chapter describes when and how WIP along with recognition can be calculated and posted to G/L. Excluding a job task from WIP calculation is also covered by this chapter. Finally, the chapter explains how a job that has WIP and recognition posted to G/L must be finalized.
Lessons

  • WIP Concepts
  • Calculating WIP and Recognition
  • WIP and Recognition to G/L
  • Finalizing a Job
  • Job Analysis and Statistics
  • Copying a Previous Job

Lab : Calculating WIP and Finalizing the Job

  • Calculate WIP and recognition
  • Post WIP and recognition
  • Invoice the job
  • Change the job status
  • Finalize the job

Lab : Excluding a Job Task from WIP Calculation

  • Set up a complex job with multiple job task lines
  • Post the consumption of items and resources
  • Exclude a task from WIP calculation
  • Calculate WIP

After completing this module, students will be able to:

  • Calculate WIP and recognition.
  • Post WIP and recognition to G/L.
  • Reverse the last recognition posting for the job and post the final recognized profit to finalize the job. that has WIP posted to G/L.
  • Exclude a task from WIP calculation.

Module 4: Jobs - Advanced Facilities
This chapter explains how to handle job payment by installments and payment in advance. Then, the procedure of issuing a credit memo for a job is described. The chapter also describes how to plan and invoice a job in foreign currency. Finally, a brief overview of item tracking in jobs is given.
Lessons

  • Handling payment by installments and in advance
  • Issuing a Credit Memo for a Job
  • Planning and invoicing a job in foreign currency
  • Item Tracking in Jobs

Lab : Payment by Installments in LCY

  • Set up an account for job prepayment
  • Create a new job card
  • Plan the job in foreign currency
  • Post the job usage
  • Invoice each installment

Lab : Issuing a Credit Memo for a Job

  • Create a planning line with negative value
  • Plan the job in foreign currency
  • Post the job usage
  • Invoice each installment

Lab : Issuing a Credit Memo for a Job

  • Create a planning line with negative value
  • Create a credit memo for the line with negative value
  • Post the credit memo

After completing this module, students will be able to:

  • Carry out a job with payment split into several rates.
  • Issue a credit memo for a job.
  • Plan a job in LCY and then invoice it in FCY, or do both planning and invoicing in FCY.
  • Use the item tracking functionality with jobs.

Guaranteed to Run

2018-03-20 09:00 to 2018-03-23 17:00
Palm Beach County Florida (Instructor-Led)
2018-03-19 09:00 to 2018-03-23 17:00
Secaucus, New Jersey (Virtual Instructor-Led)
2018-03-01 09:00 to 2018-03-02 17:00
Palm Beach County Florida (Instructor-Led)

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