Microsoft Dynamics GP Inventory Management & Purchasing Training

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  • Course Completion Certificate
  • Lifetime e-Learning Access
  • 24x7 After Training Support

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Microsoft Dynamics GP Inventory Management & Purchasing Training Course Overview

Unlock your potential with Multisoft Systems' Microsoft Dynamics GP Inventory Management & Purchasing course. Explore the power of streamlining inventory, enhancing purchasing processes, and maximizing operational efficiency. Join us and become a master of supply chain management

Multisoft Systems offers a comprehensive course on Microsoft Dynamics GP Inventory Management & Purchasing. This course provides in-depth knowledge about managing inventories and making effective purchasing decisions using Microsoft Dynamics GP. It covers how to set up inventory, manage inventory levels, and efficiently order and receive products. Participants learn to use the software for managing vendor relationships, purchase orders, receipt processing, and returns. The course also delves into the usage of various reports and inquiries for better inventory and purchasing management.

Hands-on exercises provide practical experience with the software, making it highly applicable for professionals in procurement, supply chain management, or anyone involved in inventory management and purchasing tasks. The course, by strengthening participants' understanding and skills, enables them to effectively implement and utilize Microsoft Dynamics GP in their respective business environments.

Microsoft Dynamics GP Inventory Management & Purchasing Course Objective
  • Learn how to set up and manage inventory in Microsoft Dynamics GP.
  • Understand the use of purchase order processing and receivables management.
  • Gain skills to maintain and control physical inventory.
  • Learn to create and manage purchase orders effectively.
  • Understand how to process receipts, returns, and back orders.
  • Learn to use inventory inquiry and reporting features.
  • Gain insights into inventory valuation methods and quantity management
Microsoft Dynamics GP Inventory Management & Purchasing Online Training
  • Recorded Videos After Training
  • Digital Learning Material
  • Course Completion Certificate
  • 24x7 After Training Support
Target Audience
  • Inventory Managers
  • Purchasing Officers
  • Supply Chain Managers
  • Operations Managers
  • Financial Controllers
Microsoft Dynamics GP Inventory Management & Purchasing Course Prerequisites
  • Basic understanding of business operations, particularly in inventory and purchasing.
  • Familiarity with Microsoft Windows and general computing concepts.
  • Understanding of basic financial principles, especially as they relate to inventory and purchasing.
Microsoft Dynamics GP Inventory Management & Purchasing Course Certification
  • Multisoft Systems provides a globally recognized training certificate after successful completion of Microsoft Dynamics GP Inventory Management & Purchasing certification course.

Microsoft Dynamics GP Inventory Management & Purchasing Training Course Content

Module 1: Introduction to Microsoft Dynamics GP Inventory Management & Purchasing

  • Overview of Microsoft Dynamics GP Inventory Management & Purchasing Module
  • Setting Up Inventory Items
  • Managing Inventory Transactions
  • Setting Up and Managing Purchase Orders
  • Managing Receipts and Returns
  • Managing Inventory Costs
  • Managing Inventory Reports
  • Managing Inventory Security
  • Troubleshooting Common Inventory Issues
  • Best Practices for Inventory Management & Purchasing

Module 2: Setting Up Inventory Items

  • Understanding the Basics of Inventory Items
  • Setting Up Item Categories
  • Creating Inventory Items
  • Setting Up Item Pricing
  • Setting Up Item Tracking
  • Setting Up Item Reorder Points
  • Setting Up Item Substitutions
  • Setting Up Item Serial Numbers
  • Setting Up Item UPC Codes
  • Setting Up Item Vendor Information
  • Setting Up Item Costing
  • Setting Up Item Tax Codes
  • Setting Up Item Defaults
  • Setting Up Item Locations
  • Setting Up Item Kits
  • Setting Up Item Assembly Items
  • Setting Up Item Serial/Lot Numbers
  • Setting Up Item Barcodes
  • Setting Up Item Images
  • Setting Up Item Notes

Module 3: Managing Inventory Transactions

  • Setting Up Inventory Transactions
  • Understanding Inventory Transactions
  • Managing Inventory Transactions
  • Troubleshooting Inventory Transactions
  • Analyzing Inventory Transactions
  • Automating Inventory Transactions
  • Optimizing Inventory Transactions
  • Integrating Inventory Transactions with Other Modules
  • Managing Inventory Costs
  • Managing Inventory Replenishment

Module 4: Setting Up and Managing Purchase Orders

  • Understanding Purchase Order Setup
  • Configuring Purchase Order Options
  • Creating and Managing Purchase Orders
  • Receiving and Processing Goods
  • Managing Returns and Credits
  • Analyzing Purchase Order Data
  • Troubleshooting Common Purchase Order Issues
  • Best Practices for Purchase Order Management

Module 5: Managing Receipts and Returns

  • Understanding Receipts and Returns in Microsoft Dynamics GP
  • Setting Up Receipts and Returns in Microsoft Dynamics GP
  • Managing Receipts and Returns in Microsoft Dynamics GP
  • Troubleshooting Receipts and Returns in Microsoft Dynamics GP
  • Best Practices for Receipts and Returns in Microsoft Dynamics GP
  • Analyzing Receipts and Returns in Microsoft Dynamics GP
  • Automating Receipts and Returns in Microsoft Dynamics GP
  • Integrating Receipts and Returns with Other Modules in Microsoft Dynamics GP
  • Optimizing Receipts and Returns in Microsoft Dynamics GP
  • Reporting on Receipts and Returns in Microsoft Dynamics GP

Module 6: Managing Inventory Costs

  • Understanding Inventory Costs
  • Calculating Inventory Costs
  • Analyzing Inventory Costs
  • Managing Inventory Costs
  • Controlling Inventory Costs
  • Optimizing Inventory Costs
  • Forecasting Inventory Costs
  • Minimizing Inventory Costs
  • Evaluating Inventory Costs
  • Reporting Inventory Costs

Module 7: Managing Inventory Reports

  • Overview of Inventory Reports
  • Setting Up Inventory Reports
  • Generating Inventory Reports
  • Analyzing Inventory Reports
  • Troubleshooting Inventory Reports
  • Best Practices for Managing Inventory Reports
  • Customizing Inventory Reports
  • Automating Inventory Reports
  • Integrating Inventory Reports with Other Systems
  • Security Considerations for Inventory Reports

Module 8: Managing Inventory Security

  • Understanding Inventory Security in Microsoft Dynamics GP
  • Establishing Inventory Security Groups
  • Setting Up Item Security
  • Setting Up Site Security
  • Setting Up Vendor Security
  • Setting Up User Security
  • Setting Up Document Security
  • Setting Up Transaction Security
  • Setting Up Inventory Adjustment Security
  • Setting Up Inventory Transfer Security
  • Setting Up Inventory Count Security
  • Setting Up Serial Number Security
  • Setting Up Lot Number Security
  • Setting Up Item Price Security
  • Setting Up Item Cost Security
  • Setting Up Item Class Security
  • Setting Up Item Group Security
  • Setting Up Item UOM Security
  • Setting Up Item Substitution Security
  • Setting Up Item Substitution Group Security

Module 9: Managing Inventory in Multiple Locations

  • Overview of Managing Inventory in Multiple Locations
  • Setting Up Multiple Locations
  • Transferring Inventory Between Locations
  • Adjusting Inventory Quantities Across Locations
  • Managing Inventory Reorder Points Across Locations
  • Generating Reports for Multiple Locations
  • Troubleshooting Common Issues with Multiple Locations
  • Best Practices for Managing Inventory in Multiple Locations
  • Automating Inventory Management Across Locations
  • Integrating with Third-Party Systems for Multiple Locations

Module 10: Managing Inventory in Multiple Currencies

  • Understanding Currency Exchange Rates
  • Setting Up Multiple Currencies in Dynamics GP
  • Managing Inventory in Multiple Currencies
  • Creating Purchase Orders in Multiple Currencies
  • Processing Receipts in Multiple Currencies
  • Generating Reports in Multiple Currencies
  • Troubleshooting Currency Exchange Issues
  • Best Practices for Managing Inventory in Multiple Currencies

Module 11: Managing Inventory in Multiple Warehouses

  • Understanding the Basics of Multiple Warehouse Management
  • Setting Up Multiple Warehouses in Dynamics GP
  • Configuring Inventory Items for Multiple Warehouses
  • Managing Inventory Transfers Between Warehouses
  • Tracking Inventory in Multiple Warehouses
  • Generating Reports for Multiple Warehouses
  • Optimizing Inventory Levels Across Warehouses
  • Troubleshooting Common Issues with Multiple Warehouses
  • Best Practices for Managing Inventory in Multiple Warehouses
  • Automating Inventory Management Across Warehouses

Module 12: Managing Inventory in Multiple Companies

  • Understanding the Basics of Multi-Company Inventory Management
  • Setting Up Multi-Company Inventory Management
  • Managing Inventory Across Companies
  • Transferring Inventory Between Companies
  • Tracking Inventory Across Companies
  • Managing Inventory in Multiple Warehouses
  • Managing Inventory in Multiple Locations
  • Managing Inventory in Multiple Currencies
  • Managing Inventory in Multiple Units of Measure
  • Managing Inventory in Multiple Tax Jurisdictions
  • Managing Inventory in Multiple Price Levels
  • Managing Inventory in Multiple Costing Methods
  • Managing Inventory in Multiple Serial and Lot Numbers
  • Managing Inventory in Multiple UPCs
  • Managing Inventory in Multiple Barcodes
  • Managing Inventory in Multiple Vendors
  • Managing Inventory in Multiple Sites
  • Managing Inventory in Multiple Shipping Methods
  • Managing Inventory in Multiple Shipping Carriers
  • Managing Inventory in Multiple Shipping Addresses

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