Microsoft Dynamic NAV is a Robust and mature ERP system,
specifically designed for wholesale and manufacturing companies. NAV‘s extended
pack is more suitable for those mid-sized companies that needs more functional
requirements for their business. Companies who are looking for adaptive
solutions, financial management functionality are the core of NAV’s extended
pack.
1. Nav‘s extended pack provides functionality to set up
profit center and cost center. The Company can tie users to these functionality
centers so that only the sales and purchase documents related to a specific
user are displayed in his center. User also gets additional data like location
codes and dimensions.
2. Intercompany posting is an exclusive feature of the financial
management of NAV’s extended pack, which helps to manage the accounting data
for multiple companies in a single posting process. A user can easily manage
several companies or different partner companies in several dynamic NAV
databases. Correct reconciliation and multiple currency support are also
available in the Inter company Posting feature of NAV Extended Pack.
3. Cost accounting feature of NAV extended pack offers an efficient
way of controlling the company costs through visibility and insight into the
budgeted and the actual costs of departments, operations, products, and
projects.
4. Account schedule is a powerful financial reporting tool
that can help the financials analyst and accountants to extract essential
business data from account & budget charts, cash flow accounts & cost
types to the financial reports, facilitating the efficient monitoring of the
financial health of the business by providing valuable inputs to decision
makers.
5. Cash flow overcast feature helps in knowing the company
liquidity will perform over time. It has two components cash receipt and cash disbursements.
6 Fixed assets and insurance helps in keeping track of the
fixed assets like buildings, machinery, and equipment. Fixed asset transaction
like acquisitions, depreciation, appreciation, write-downs, and disposal can
also be posted here.
To know more about our Microsoft Dynamic NAV services, visit:http://inoday.com/navision-microsoft-dynamics/