Microsoft Dynamics GP Inventory Management & Purchasing Training

• 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

• Recorded Videos After Training
• Digital Learning Material
• Course Completion Certificate
• 24x7 After Training Support

• Inventory Managers
• Purchasing Officers
• Supply Chain Managers
• Operations Managers
• Financial Controllers

• 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.

• Multisoft Systems provides a globally recognized training certificate after successful completion of Microsoft Dynamics GP Inventory Management & Purchasing certification course.

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