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Inventory Management and Costing in Dynamics 365 SCM

Understand inventory dimensions, item model groups, costing methods, inventory close and standard cost in Dynamics 365 SCM, with worked numeric examples.

Free

Free 41-page e-book. Dimensions, item model groups, costing methods, inventory close and standard cost explained with worked examples. Practical, field-tested guidance with worked examples, checklists, a quick-reference sheet and a glossary, ready to use on your next project.

This e-book explains how Dynamics 365 Supply Chain Management tracks inventory quantities and values. It covers product, storage and tracking dimensions and which of them carry cost, item model groups and their key settings, inventory transaction statuses, journals and transfers, and inventory posting setup. It then compares FIFO, LIFO, LIFO date, weighted average, weighted average date, moving average and standard cost with worked numeric examples, and walks through the inventory close and recalculation process, standard cost setup with costing versions, variances and revaluation, and month-end reconciliation. Written for SCM and finance consultants, cost accountants and controllers.

What's inside

  • Chapter 1: Inventory Dimensions
  • Chapter 2: Item Model Groups
  • Chapter 3: Inventory Transactions, Journals and Transfers
  • Chapter 4: Inventory Posting Setup
  • Chapter 5: Costing Methods Compared
  • Chapter 6: Worked Examples of Each Costing Method
  • Chapter 7: The Inventory Close and Recalculation
  • Chapter 8: Standard Cost in Depth
  • Chapter 9: Reconciliation, Reporting and Controls
  • Chapter 10: End-to-End Scenario and Implementation Checklist

Plus a one-page Quick Reference, a glossary of key terms and next steps.

Who it's for

Functional consultants, business analysts, key users and project leads working on Microsoft Dynamics 365 Finance & Operations, plus anyone moving into D365 from another ERP.

How to get the most from it

  • Skim the contents and jump to the chapter that matches the challenge in front of you today
  • Use the checklists in your next workshop, review or status meeting
  • Share it with your team so everyone works from the same playbook

Let's connect

I'm Pranshu Shubham, a Microsoft Dynamics 365 F&O Solution Architect and PMP-certified program lead with 8+ years of ERP and AI transformation across the USA, Europe and APAC. I created this resource from real project experience, and I'd love to hear how you use it.