Development best practices – the aftermath

  • Post comments:2 Comments
  • Reading time:3 mins read

image So I would guess that was it. I’m just returning to Kristiansand, my Norwegian base, after delivering the “Microsoft Dynamics NAV 2009 Development Best Practices” course to a partner, my first custom-developed training ever. My impression is—mission accomplished.

I was not sure at first how this would turn out. Teaching NAV best practices to people some of whom have more experience than I’ll have any time soon, isn’t an easy thing. The challenge for me was—how to deliver something new, really valuable to those people, something they could go home with saying “wow, if only I knew this earlier”.

(more…)

Continue ReadingDevelopment best practices – the aftermath

Inventory value in foreign prepayment scenarios

  • Post comments:1 Comment
  • Reading time:8 mins read

I have this client who operates in very specific conditions: majority of their vendors are foreign companies which invoice them in a foreign currency (USD) and almost invariably ask for at least 50% prepayment.

NAV can handle prepayments and foreign currencies like a charm—the issue lies elsewhere: the fluctuations of currency exchange rate can easily cause real and tangible losses.

Even though prepayment invoice is fully closed by a prepayment applied against it, the actual costs of goods is not calculated from prepayment invoice, but from the actual invoice. And if there was difference between currency exchange rate at prepayment and invoicing dates, the inventory value reflects the actual invoiced value (instead of the prepaid value), there is currency exchange gain/loss which is fictitious, but taxable.

Thankfully, there are ways to avoid this.

(more…)

Continue ReadingInventory value in foreign prepayment scenarios

Abusing filtering for a lightning fast posting setup

  • Post comments:3 Comments
  • Reading time:3 mins read

Microsoft Dynamics NAV Classic client has some features which are simply unbeatable when it comes to productivity and speed, one of them being primary-key filtering. When you set a single-value filter on primary key fields in a table, and then insert a new record in the same table, primary key fields are automatically populated with values from the filter.

Yeah, and?

Well, there are so many ways to (ab)use this feature, that sometimes it has a potential to save ridiculous amounts of time. As it just did for me, so I felt an irresistible urge to share it with you. Even though it is so ridiculously simple.

(more…)

Continue ReadingAbusing filtering for a lightning fast posting setup