Value Entry and Serial Number Tracking in Dynamics 365 Business Central

 

Value Entry and Serial Number Tracking in Dynamics 365 Business Central

Effective inventory management is critical for businesses to ensure accurate tracking, valuation, and reporting of stock. In Microsoft Dynamics 365 Business Central (BC), value entries and serial number tracking are key components that provide detailed insights into inventory movements and costs. This blog will explore how Business Central creates individual value entries for each serial-number-tracked item and the benefits of this functionality.

Key Message: Business Central Creates Individual Value Entries for Each Tracked Item

One of the standout features of Dynamics 365 Business Central is its ability to create individual value entries for each item tracked by serial numbers. This capability ensures precise tracking of costs and movements at the most granular level, providing detailed insights and enhancing inventory management accuracy.

What Are Value Entries?

Value entries in Business Central represent the financial transactions related to inventory movements. These entries record the cost of inventory transactions such as purchases, sales, adjustments, and transfers. Value entries are essential for maintaining accurate inventory valuations and ensuring that the financial impact of inventory activities is correctly reflected in the company's accounting records.

What Is Serial Number Tracking?

Serial number tracking allows businesses to assign unique identifiers to individual items. This tracking method is especially important for high-value or regulated items where precise tracking and traceability are required. Each item is assigned a unique serial number, which can be tracked through its entire lifecycle—from purchase or production to sales or disposal.


Conclusion

Dynamics 365 Business Central’s capability to create individual value entries for each serial-number-tracked item significantly enhances inventory management by providing detailed tracking and accurate costing. This functionality is invaluable for businesses requiring high levels of traceability and precise inventory valuation. By leveraging this feature, companies can achieve greater operational efficiency, regulatory compliance, and financial accuracy.


Below is an example of value entry posting of positive adjustment of a serial no. tracked item with qty of 2.



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