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
