Insight eNews

A Monthly Newsletter from AVF Consulting, Inc.

Microsoft Navision Solution Center &

 Microsoft Certified Partner

April 2005

In this edition:

From the President:  Discounted Navision User Sessions

AVF News:  AVF Events and Training Classes

Tip or Trick:  Inventory Reconciliation

 

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From the President-- Andrew Fass

Microsoft Offers Savings! Add Navision User Sessions and Receive a Discount.

AVF is happy to announce that Microsoft is offering discounts on additional user sessions.  We know the importance of stretching your budget and want to make sure you can take advantage of this opportunity to save. 

Microsoft Navision clients can get between 10% and 20% off additional user sessions purchased between April 27, 2005 and May 20, 2005.  Unfortunately, AVF cannot discount sessions purchased prior to April 27th.

• 10% discount* for the purchase of 1 additional user

• 15% discount* for the purchase of 2 additional users

• 20% discount* for the purchase of 3 or more additional users

 Don’t wait until the last minute to take advantage of this offer.  Contact Jeremy Fass at jfass@avfconsulting.com or 443-279-1019 to order. 

*Discount applies only to Microsoft Navision license fees and is not applicable toward the Serenic Navigator portion of any license fees.

AVF News & Events

Attention Not-for-Profits!  Attend Free Webinars by Serenic:  See the most current technology offered to help you with fund raising, constituent management, grant management and more. Visit http://www.serenic.com/SerenicCorp/events/webseminars.html for details and to sign up.

2005 Training Classes:  The 2005 AVF training schedule is available on our website.  Visit www.avfconsulting.com to get details on our classes.

April 2005
•   Jet Reports II 4/18/05 - 4/19/05

June 2005
•   Fixed Assets 6/9/05
•   HR & Payroll 6/23/05

July 2005
•   Sales & Receivables 7/12/05
•   Purchases & Payables 7/28/05

August 2005
•   Jet Reports I 8/15/05 - 8/16/05
•   General Ledger 8/30/05

September 2005
•   Super User/Security & Maintenance 9/15/05
•   Inventory Management 9/29/05

Contact Susan Fitch, AVF Training Specialist, at sfitch@avfconsulting.com with any questions.

May User Group Meeting:  May's meeting will be held in Washington, D.C. at Microsoft's offices.  Save the date and register today at http://www.avfconsulting.com/news_events.asp. 

Have a Navision Support request?  Log onto our helpdesk at www.avfconsulting.com/helpdesk. Call 410-296-5100 and ask for Support to get a login and password to the helpdesk.

Get discounts on AVF Consulting rates--become a CCP member! Members of AVF's Customer Care Plus program receive a discount of $15/hour on consulting rates. Join today and save hundreds, even thousands of dollars.  Other advantages include discounts on training classes, free attendance to AVF's User Group meetings, free support and more.  Contact Gregory James at 443-279-1022 to sign up today.

30 Day Warranty on All Development Work Performed by AVF:  AVF stands by its work and guarantees all development work for 30 calendar days from the completion date.  You have those 30 days to test the work and let us know if it has any problems or did not meet your specifications.  If we have not heard from you within 30 days of the development project completion, AVF considers the work satisfactory.

Tip or Trick

Inventory Reconciliation

If you have inventory, it is necessary to reconcile your inventory.  This can be accomplished in Navision by running the Inventory Periodic Activities.  The Adjust Cost Item - Entries Activity is a batch job that will adjust the value entries so that you use the correct adjusted cost to update the general ledger when you run the Post Inventory Cost to G/L batch job.

In the Adjust Cost – Item Entries window enter the date for the posting.  Then select “OK”.

The system will run through the inventory entries making adjustments.

Upon its completion, run the Post Inventory Cost to G/L batch job.  This is found in Inventory, Periodic Activities, and Post Inventory Cost to G/L.

On the Post Inventory Cost to G/L – Value Entry Tab you will enter the date of your last run thought current date.  If you have never run this process leave it blank for your first posting. 

For the Post Inventory Cost to G/L – Options Tab specify the posting method.  If you select Per Posting Group, you will need to specify a Document No. and Posting Date.  Check the Post box if you want the entries to post upon printing the report.  Finally select “Print”

When item journal lines are posted, the inventory application area is updated. When purchase and sales lines are posted, tables in the Inventory application area and the purchase and sales accounts in the Chart of Accounts are updated. The inventory account in the chart of accounts is, however, never updated directly when posting a purchase, sale, positive adjustment or negative adjustment from a purchase, sales, or item journal line. Nor is COGS calculated in connection with a sale, unless you have selected Automatic Cost Posting.