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Microsoft Dynamics NAV 2016 Financial Management

Microsoft Dynamics NAV 2016 Financial Management

By : Bala, Lorente, Nicolàs Lorente
3.3 (7)
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Microsoft Dynamics NAV 2016 Financial Management

Microsoft Dynamics NAV 2016 Financial Management

3.3 (7)
By: Bala, Lorente, Nicolàs Lorente

Overview of this book

Microsoft Dynamics NAV is a global Enterprise Resource Planning (ERP) solution that provides small and mid-size businesses with greater control over their finances and a way to simplify their supply chain, manufacturing, and operations. Microsoft Dynamics NAV Financial Management explains all you need to know in order to successfully handle your daily financial management tasks. This book walks you through all the improvements in the latest release and shows you how to apply them in your workplace. You will learn about functionalities including sales and purchase processes, payments, bank account management, reporting taxes, budgets, cash flow, fixed assets, cost accounting, inventory valuation, workflows, sending and receiving electronic documents, and business intelligence. This book comprehensively covers all the financial management features inside the latest version of Dynamics NAV and follows a logical schema. By the time you’re finished this book you will have learned about budgets, cash flow management, currencies, intercompany postings, and accounting implications in areas such as jobs, services, warehousing, and manufacturing.
Table of Contents (9 chapters)
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5
5. Foretelling - Budgeting and Cash Flow Management

Preface

Dynamics NAV is an Enterprise Resource Planning (ERP) system targeted at small- and medium-sized companies. An ERP is a system, a software, which integrates internal and external management information across an entire organization. If you search the Internet, you will find plenty of documentation, web forums, and all kinds of information covering Dynamics NAV from many technical points of view, but you will find little or nothing covering Dynamics NAV from a functional point of view, meant for end users. Thousands of users from all around the world who use Dynamics NAV as their main tool for daily work complain that they cannot find information about what they need from the system. And they are right.

This book is written for them, after the experience of training many end users on each implementation we have worked on. We have found out that most users do not care about system configuration; they just want to know how the system works. They contact Dynamics NAV consultants to set up when needed. But in the little end user documentation they find, each topic starts with a full setup introduction that confuses readers and possibly even discourages them from reading.

In this book, we have changed the established structure of official manuals. Instead, we have used a logical structure that makes it easy to read and very easy to understand; this is how we teach Dynamics NAV in our training courses, and this is how people tell us they have learned and understood the application.

Don't think this book is meant only for financers and accountants; this book is also meant for Dynamics NAV consultants and developers. You need complete functional knowledge of Dynamics NAV to become an expert, and this book can help you with it.

You will never finish learning about new features and functionalities. The idea behind the book is that you learn enough to be able to keep learning on your own. Every single field in every single table can hide a mini functionality that can help you in your work.

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