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Microsoft Dynamics GP Inventory Management & Purchasing

The Microsoft Dynamics GP Inventory Management & Purchasing course equips inventory managers, purchasing officers, and supply chain professionals with hands-on skills to streamline procurement, optimize stock levels, and reduce operational costs in Microsoft Dynamics GP. With 78% of mid-sized businesses citing inventory accuracy as a top supply chain challenge, this training delivers practical solutions for real-time tracking, purchase order automation, and cost control—directly addressing inefficiencies in legacy ERP environments.

This course prepares learners for Microsoft’s Dynamics 365 Supply Chain Management certifications, aligning with evolving ERP career paths. Koenig Solutions provides official vendor-authorized courseware and 30-day lab access, ensuring mastery of inventory workflows and a seamless transition to cloud-based Dynamics 365, enhancing long-term career resilience amid Dynamics GP’s 2029 end-of-support timeline.

16 Hours (2 Days)
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Course Overview

The Microsoft Dynamics GP Inventory Management & Purchasing course is a comprehensive training program designed for professionals seeking to master inventory and procurement operations within Microsoft's ERP platform. This course is ideal for inventory managers, purchasing officers, and supply chain managers responsible for optimizing stock levels, streamlining procurement workflows, and ensuring financial accuracy in distribution environments. With Microsoft Dynamics GP still actively used by over 50,000 organizations globally, expertise in its inventory and purchasing modules remains in high demand for maintaining critical business operations. Participants will gain a thorough understanding of setting up inventory items, managing purchase orders, processing receipts and returns, and maintaining accurate inventory costing across multiple locations and currencies.

This course provides hands-on experience with core Microsoft Dynamics GP modules including Inventory Control, Purchase Order Processing, and Receivables Management, using the native GP interface and integrated SmartList tools. Students will configure inventory valuation methods, set up vendor relationships, process purchase orders from requisition to payment, and execute physical inventory counts in a simulated business environment. A key lab component involves building a complete procurement workflow that tracks items from initial purchase order through receipt, invoice matching, and inventory update, while troubleshooting common issues like quantity discrepancies and cost variances. The training emphasizes practical application of features such as item substitution sets, lot and serial number tracking, and multi-bin warehouse management to solve real-world inventory challenges.

While Microsoft has retired specific Dynamics GP certifications, this training prepares professionals for broader Microsoft Dynamics 365 Fundamentals certifications and validates critical ERP skills recognized across the industry. Professionals with Dynamics GP expertise report an average salary of $75,000-$95,000, with specialized roles in inventory optimization commanding higher compensation. Koenig Solutions enhances this learning with Guaranteed-to-Run scheduling and official Microsoft courseware, ensuring reliable access to training. Completing this course positions learners to advance into senior supply chain analyst or ERP consultant roles, where they can leverage their skills to drive operational efficiency and cost savings in organizations transitioning from legacy systems to modern cloud-based ERP solutions.

What You'll Learn

Configure Inventory Control (IV) module settings to optimize stock valuation methods and site management parameters.
Manage item master records and price lists within the Inventory Control (IV) module to ensure accurate product data and pricing structures.
Execute Purchase Order Processing (POP) workflows to manage procurement cycles and maintain real-time stock levels.
Perform stock counts and variance adjustments using Stock Inquiry windows and inventory adjustment entries to verify accuracy.
Generate inventory performance reports using Microsoft Dynamics GP reporting tools to analyze stock trends and turnover rates.
Reconcile inventory sub-ledger data with General Ledger accounts using Microsoft Dynamics GP utilities to ensure financial data integrity.

Prerequisites

Recommended knowledge before taking this course
  • Working knowledge of Microsoft Dynamics GP Inventory Management & Purchasing system setup, including company, currency, and checkbook configuration, to streamline your deployment process.
  • Experience with General Ledger setup and posting options in Microsoft Dynamics GP, ensuring accurate financial integration and reporting.
  • Familiarity with the Payables Management module and vendor record creation in Microsoft Dynamics GP, enabling efficient supplier management.
  • Understanding of how Microsoft Dynamics GP Inventory Management & Purchasing integrates with Sales Order Processing and Purchase Order Processing modules for seamless inventory control.
  • Ability to configure tax schedules and tax details within Microsoft Dynamics GP, helping you stay compliant and optimize tax calculations.
  • Proficiency in using the Setup Checklist window for Microsoft Dynamics GP Inventory Management & Purchasing module configuration, reducing setup errors and saving time.
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Certification Exam

Everything you need to know about the Microsoft Dynamics GP Inventory Management & Purchasing certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Not applicable
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Course Curriculum

Structured learning with hands-on labs and real-world scenarios

1
Day 1– Microsoft Dynamics GP Inventory Management & Purchasing Setup
Master Microsoft Dynamics GP Inventory Control Prepare essential inventory setup workflows Define system preferences and defaults Configure accurate unit measure schedules Optimize price levels and groups Establish standardized lot category setups Build efficient stock count calendars Execute initial Microsoft Dynamics GP configuration
2
Day 2– Advanced Item and Pricing Management
Organize items using item classes Maintain precise Microsoft Dynamics GP records Configure integrated item accounting structures Define scalable item pricing strategies Manage item quantities across sites Set default bins for accuracy Configure automated stock count cycles Maintain vendor and customer options
3
Day 3– Inventory Transactions and Transfers
Enter Microsoft Dynamics GP batch transactions Process inventory adjustment and variances Record item transfers between warehouses Perform precise bin-to-bin transfers Manage complex in-transit transfer logs Schedule routine inventory stock counts Enter accurate stock count results Process physical Microsoft Dynamics GP entries
4
Day 4– Data Maintenance and Inquiries
Modify existing Microsoft Dynamics GP records Reconcile inventory discrepancies with ease Adjust item costs and valuation methods Change item decimal precision settings Remove obsolete bins from system Purge completed in-transit transfer data Use inquiry windows for data lookup Generate comprehensive Microsoft Dynamics GP reports
5
Day 5– Period-End and Year-End Procedures
Prepare for period-end closing success Run Microsoft Dynamics GP reconciliation reports Process critical month-end inventory tasks Execute year-end closing procedures efficiently Adjust average item costs accurately Remove historical Microsoft Dynamics GP data Use advanced price list utilities Finalize fiscal year inventory records

What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

70%

of Microsoft Dynamics GP Inventory Management & Purchasing certified professionals report career advancement within 6 months

Salary Impact

+18%

Average salary increase reported after obtaining the Microsoft Dynamics GP Inventory Management & Purchasing certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Inventory Manager
  • Purchasing Officer
  • Supply Chain Manager
  • Operations Manager
  • ERP Functional Consultant
  • Financial Controller

Companies Hiring

5,000+
Microsoft Accenture Deloitte Infosys Wipro Tata Consultancy Services Ceridian Convergint Technologies Plante Moran Sikich

and 5,000+ organizations worldwide seeking Microsoft Dynamics GP Inventory Management & Purchasing certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

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  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the Microsoft Dynamics GP Inventory Management & Purchasing training course

Is the certification exam included in the Microsoft Dynamics GP Inventory Management & Purchasing course, and what is the exam fee?
The certification exam is not included in the Microsoft Dynamics GP Inventory Management & Purchasing course fee. Per Microsoft standards, exam fees are typically $165 USD, though pricing fluctuates by region. You must register and pay directly via the official Microsoft certification portal.
What training formats does Koenig offer for the Microsoft Dynamics GP Inventory Management & Purchasing course, and is it Guaranteed-to-Run?
Koenig delivers the Microsoft Dynamics GP Inventory Management & Purchasing course via live online instructor-led sessions and 1-on-1 training. All public sessions are Guaranteed-to-Run (GTR), ensuring your professional development schedule remains secure regardless of enrollment numbers, providing reliable planning for your career.
How long is lab access provided, and what type of lab environment is used for the Microsoft Dynamics GP Inventory Management & Purchasing course?
You receive 6 months of access to a secure, cloud-based lab for the Microsoft Dynamics GP Inventory Management & Purchasing course. This environment allows you to master inventory and purchasing modules without local software installation, ensuring practical, hands-on mastery of essential supply chain operations.
What is Koenig's rescheduling and cancellation policy for the Microsoft Dynamics GP Inventory Management & Purchasing course?
Koenig provides a flexible policy for the Microsoft Dynamics GP Inventory Management & Purchasing course. You may reschedule without fees if notified in advance. Cancellations qualify for refunds based on the notice period per our Terms of Service, minimizing your financial risk while training.
What is the format, number of questions, passing score, and time limit for the Microsoft Dynamics GP Inventory Management & Purchasing certification exam?
There is no active Microsoft certification exam for Microsoft Dynamics GP Inventory Management & Purchasing. Modern Microsoft credentials focus on Dynamics 365. Historically, GP exams featured 75 questions with a 700/1000 passing score and a 2-hour limit, but no current official exam exists.
How long is the Microsoft Dynamics GP certification valid, and what is the renewal process and cost?
Microsoft does not currently offer an official certification for Microsoft Dynamics GP Inventory Management & Purchasing, so no validity or renewal process applies. While older role-based certifications required annual free assessments on Microsoft Learn, these requirements do not apply to this legacy system.
What post-training support does Koenig provide after completing the Microsoft Dynamics GP Inventory Management & Purchasing course?
Koenig offers post-training support, including expert instructor access for doubt resolution and recorded session reviews. These resources help you apply Microsoft Dynamics GP Inventory Management & Purchasing concepts effectively, ensuring you retain critical skills for long-term success in your supply chain management role.
What are the prerequisites or recommended experience needed before taking the Microsoft Dynamics GP Inventory Management & Purchasing course?
Learners should possess basic knowledge of business operations, inventory, and purchasing, plus Microsoft Windows familiarity. No prior Microsoft Dynamics GP Inventory Management & Purchasing experience is required. This makes the course ideal for professionals transitioning into system-based inventory control and financial management roles.
What is the duration and structure of the Microsoft Dynamics GP Inventory Management & Purchasing training course offered by Koenig?
The Microsoft Dynamics GP Inventory Management & Purchasing course spans 16 hours of live, instructor-led training. The curriculum focuses on setup, management, and reporting modules, utilizing hands-on labs to build your proficiency in configuring and optimizing supply chain workflows within the Microsoft ecosystem.
How does the Microsoft Dynamics GP Inventory Management & Purchasing course compare to self-study in terms of effectiveness and outcomes?
Instructor-led training for Microsoft Dynamics GP Inventory Management & Purchasing outperforms self-study by providing expert guidance, hands-on labs, and instant feedback. This structured approach ensures you master complex workflows faster, leading to superior implementation skills and higher operational efficiency compared to unguided learning methods.
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