Dynamics NAV Financial Management
Microsoft Dynamics NAV Financial Management helps you track and analyse your business information. With end-to-end integration, you can efficiently manage your general ledger, payables, receivables, analytical accounting, fixed assets, and cash flow, in addition to performing bank reconciliations and collections. You can even manage your financial processes across multiple currencies, locations, or companies.
Financial Management Functions
NAV General Ledger
The General Ledger gives you the tools to setup companies, configure charts of accounts and analysis levels, post journals and manage VAT. The in-built Role Centres extend this functionality providing access to role relevant tasks, information and reports.
NAV Receivables (Sales Ledger)
Optimise your cash flow by Simplifying and streamlining your credit control and collection activities with Receivables. Tightly manage customer accounts with credit limits and review dates, and define collections criteria and payment terms on a customer-by customer basis.
NAV Payables (Purchase Ledger)
Maximise your cash resources and simplify payment processes with flexible, integrated accounts payable operations with Payables. From the Role Centre view cash flow key performance indicators (KPls), monitor alerts for pending invoices, and access up-to-date vendor information.
NAV Fixed Assets
Manage the lifecycle of your fixed assets, from acquisition to disposal, to maximise your business investments. Fixed Assets is fully integrated allowing you to record, track, depreciate, and dispose of your company’s assets with minimal effort and maximum flexibility.
Cash Flow Forecast– Forecast how your business’s liquidity, cash and other related positions will evolve over time.
Bank Account Management– Create, operate and manage multiple bank accounts, catering for your diverse business needs and across different currencies.
Bank Reconciliation– Reconcile your bank accounts in Microsoft Dynamics NAV with your statements. Apply amounts from your bank account ledger to the reconciliation form and keep track of all bank statements.
Cheque Writing– Generate Computer printed cheques with unique number series for each bank account.
Cost Accounting– An efficient way to control the company’s costs by providing visibility and insight into budgeted and actual costs of operations, departments, products, and projects.