Purchases/ Accounts Payable

To take advantage of potential vendor discounts and to avoid paying invoices too early or too late, you need accounts payable functionality that gives you a complete overview of your business as well as direct access to detailed transactions.

Dynamics NAV provides all these capabilities and more in the Purchases & Payables areas. Purchases & Payables also offer efficient features for managing payments to vendors and for reordering

Basic Payables

• Keep detailed records for payables, including aging and sales statistics
• Record transactions using the purchase or payment journals
• Record transactions in the General Ledger automatically

Purchase Invoicing

• Record purchase invoices and credit memos automatically
• Print invoices on plain paper or on pre-printed Dynamics NAV forms
• Store all details on posted invoices and credit memos
• Integrate automatically with the General Ledger, Inventory, Fixed Assets and Jobs

Purchase Invoice Discounts

• Assign a discount to the total dollar amount of an invoice
• Base discount rates on the amount invoiced
• Set up discount rates for as many levels as needed
• Define tiered levels of service charges

Purchase Order Management

• Automate the entire purchasing process, including quotes, blanket orders, purchase orders
• Copy details from posted or unposted orders, shipments, or invoices
• Record expected receipts of items on-line (when integrated with Inventory)
• Post orders individually or in batch

Requisition Management

• Enter purchase requests
• Create purchase orders automatically
• Reorder inventory automatically (when integrated with Inventory)

Drop Shipments

• Link purchases with a specific sales order
• Ship items directly to your customer from your vendor
• Create purchase orders for drop-shipped sales automatically (when integrated with Requisition Management)

Alternate Addresses

• Set up an unlimited number of addresses for each vendor and customer
• Select the alternate delivery addresses on-the-fly