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. Payables, Receivable, and Taxes can be easily maintained and operate. Analyze Ledgers, Dues, and Profit & Loss with respect to business dimensions are key features of base NAV. Powerful financial reporting tool that can help accountants and financial analysts to extract the most essential business data from the chart of accounts, budgets, cash flow accounts and cost types into financial reports, which can be used to efficiently monitor the health of the business and provide valuable input for the business decision makers. you get to choose the accounts you want to monitor and report on change the order of accounts.
Microsoft Dynamics NAV
After goods are received and before goods are shipped, a series of internal warehouse activities take place to ensure an effective flow through the warehouse and to organize and maintain company inventories. Like the receiving and shipping processes, the detail level of warehouse activities can vary depending on the scope of the license and the locations setup.
Typical warehouse activities include putting items away, moving items inside or between warehouses, and picking items for assembly, production, or shipment. Assembling items for sale or inventory are also included in warehouse activities.
The Human Resources feature lets you keep detailed records of your employees. You can register and maintain employee information, such as employment contracts, confidential information, qualifications, and employee contacts. You can also use Human Resources to register employee absences, which allows you to analyze registered absences as necessary. Efficiently manage your company's human resources. Group and track relevant employee information and organize employee data according to different types of information, such as experience, skills, education, training, and union membership. store personal information, track job openings in your organization and extract a list of candidates for these positions. keep track of benefits and company items such as keys credit cards, computers, and cars.
If you have a customer relationship solution that is based on Microsoft Dynamics CRM, then you can integrate it with Microsoft Dynamics NAV. This enables you to integrate data in Microsoft Dynamics CRM entities such as accounts, contacts, and products, with equivalent record types in Microsoft Dynamics NAV such as customers, contacts, and items, respectively. For example, integration provides Microsoft Dynamics CRM users with access to up-to-date financial information from for their accounts. And Microsoft Dynamics NAV users get easy access to information about opportunities and cases for a specific customer. Enabling integration between Microsoft Dynamics NAV and Microsoft Dynamics CRM allows for a more efficient lead to cash process and enables users to make more informed decision without switching products.
Purchase is one of the major part of any Manufacturing Industry. Purchase deals with all the items or products required which is not available in stores department, It collects list of items which are required , by the Industry, provides all departments with their necessary item requirements, keeps a ready count of the quantity of different items and deals with the suppliers in an endeavour to procure new stock.
Set up multiple addresses to manage orders from vendors that in addition to a main business address have more than one site from which they ship orders. These additional locations can then be selected by the purchasing agent when creating a purchase order or invoice
You can use Microsoft Dynamics NAV to manage all common sales processes and information, such as quotes, orders, and returns. There are also tools to plan and manage different types of customer information and transaction data. The marketing features of Microsoft Dynamics NAV help you manage and support your marketing and sales efforts. With these features, you have access to complete and accurate information so you can focus your interactions on preferred customer segments. You can target potential customers by using different kinds of marketing campaigns. You can group customers based on common characteristics. You can then segment your customers into different mailing groups, for instance, according to the data gained from profiling. Examples of marketing campaigns could be advertisements, television commercials, direct mail, or e-mail marketing campaigns.
The production operations required to transform inputs into finished goods must be planned daily or weekly depending on the volume and nature of the products. Microsoft Dynamics NAV offers features to supply for anticipated and actual demand from sale and production as well as features for distribution planning using stockkeeping units and location transfers.
Although a production order can be used to execute a project sale of produced items, the planning of operations involved in a project may be better supported with the Project Management functionality. When production orders are planned and created as a part of Operations Planning, shop floor staff can proceed to fine schedule the activities, pull the required material, and output finished goods. In order to convert material into end items, a complete set of production resources must exist. This setup work is also the responsibility of the production department and is described as the first set of tasks in Established Production Resources below.
Providing ongoing service to customers is an important part of any business and one that can be a source of customer satisfaction and loyalty, in addition to revenue. However, managing and tracking service is not always easy, and Microsoft Dynamics NAV provides a set of tools to help. These tools are designed to support repair shop and field service operations, and can be used in business scenarios such as complex customer service distribution systems, industrial service environments with bills of materials, and high volume dispatching of service technicians with requirements for spare parts management. Set up multiple ship to addresses to accommodate customers that in addition to a main business address have more than one site to which order can be shipped. These additional locations can then be selected by the order processor when creating a sales order or invoice. Set up and maintain the customer table
Microsoft Dynamics NAV helps you plan and manage jobs and projects with support for budgeting, billing, and resource management. You can manage project costs efficiently by tracking resource expenses and usage, planning capacity, and predicting availability. By monitoring projects effectively, you can make confident, informed decisions based on comprehensive information. Microsoft Dynamics NAV also helps you manage a broad range of other business areas according to your particular needs. You can add functionality as you need it and grow at your own pace. keep track of resources and prices. Register and sell resources, cobine related resources into one resources group, or track individual resources. Divide resources into labor and equipment and allocate resources to a specific job in a time schedule.