|
With its
flexible work tools and online integration, Dynamics NAV General Ledger offers an efficient way to centralize your
company's accounting information. You can produce a wide range
of trial balances and customized financial statements, consolidate
subsidiaries with organizational roll-ups and reporting, and
filter balances by criteria such as time period, department
or project. Online
integration ensures that:
•
Figures are continually updated
• Individual entries can be traced throughout the system
• Users can enter and post data simultaneously
In
Dynamics NAV, every posted General Ledger entry is assigned an entry
number and a transaction number, making it easy to track throughout
the application. Entry lists include information about balancing
entries, VAT and dimensions. Entries are also assigned a source
code, a reason code and a user ID so the source of an entry
is always documented, providing you with a complete audit
trail.
Basic
General Ledger
•
Integrated with all other functional areas in Dynamics
NAV
• Includes the Chart of Accounts
• Post general ledger journals
• Print detailed and summary trial balances
Budgets
•
Assign budget transactions to each general ledger account
• Keep track of changes and which user made them
• Create daily, weekly, monthly, quarterly or annual
budgets
• Create an unlimited number of budgets
• Import or export budgets to Microsoft Excel®
Basic
Dimensions
•
Create two global dimensions
• Set up default dimensions and rules per account,
group and account type
• Flexible naming convention
• Set up dimension value hierarchies
Advanced
Dimensions
•
Set up an unlimited number of dimensions and dimension values
• Create up to eight shortcut dimensions for use throughout
the application
• Define prioritizations
• Define dimension combinations
• Define and name analysis views
• Filter budgets by up to four dimensions
• Copy budgets including dimensions from a previous
period
• Export and import budgets to and from Microsoft®
Excel® easily
• Block and unblock dimensions and dimension values
from use
Account
Schedules
•
Design custom financial statements
• Create user defined row and column layouts
• View information on screen with dynamic drill down
and OLAP functionality
Consolidations
•
Consolidate domestic or foreign subsidiaries
• Consolidate different charts of accounts by department
and by project
• Consolidate partial ownerships, different fiscal
years and exchange rates
Multicurrency
•
Maintain general ledger in two different currencies
• Invoice international customers and vendors in foreign
currencies
• Manage international customer and vendor accounts
in a foreign currency
• Define an unlimited number of currencies
• Specify how foreign currency amounts are rounded
and posted
• Define exchange rates
Allocations
•
Allocate recurring transactions to different general ledger
accounts,
• Distribute allocations based on percentages, usage,
or by specific amounts
• Make allocations in sales or purchase journals
|
