Finance
Microsoft Dynamics NAV enables you to manage all common finance processes and information, such as posting financial transactions, preparing financial statements, managing bank accounts, inventory costs, manufacturing costs, and fixed assets.
When you create a new company, you must set up the chart of accounts and configure the posting processes. After the finance processes are configured, you can configure the sales and purchasing processes.
The following table describes a sequence of tasks, with links to the topics that describe them. These tasks are listed in the order in which they are generally performed.
| To | See |
|---|---|
Set up the chart of accounts, currencies, bank accounts, and rules and defaults for managing financial transactions. |
|
Fill in and post general journals and recurring journals. |
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Create and adjust purchase invoices, post payments, and apply payments to invoices. |
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Create sales invoices, post receipts, and apply receipts to invoices. |
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Manage purchase returns and supplier refunds. |
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Use intercompany documents and journals to minimize data entry when you post transactions between intercompany partners. |
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Import transactions from your intercompany partners and send transactions to your partners. |
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Manage inventory and manufacturing costs, report costs, and reconcile costs with the general ledger. |
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Close an accounting period, register prior-year entries, and transfer balances from the income statement account to the balance sheet. |
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Manage bank accounts. |
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Acquire, maintain, insure, split, combine, revalue, depreciate, or dispose of fixed assets. |