Record-level Security Features
Help protect confidential financial data with role-based access rights to information.
Foreign Trade and Currency Management
Conduct business using an unlimited number of currencies. Managed customer or vendor accounts in a foreign currency and maintain your general ledger in two different currencies.
Flexible Accounting Periods
Define any start date for you fiscal year and specify your own accounting periods to be used with budgets, statistics, and reports. Transfer year-end results to the balance sheet and at the same time balance out all income statement accounts.
Improve error traceability with a change log that lists chronologically all direct modifications made to Microsoft Dynamics NAV master data with a n associated user ID.
Intelligent Transaction Posting
Check your journal balances before entries are posted. See how entries will affect your liquid accounts and make an necessary adjustments before you post the journal. You can back out or reverse a posting or an entire journal and post corrected entries while maintaining full audit control.
Detailed Audit Trails
Help comply with financial regulations with easy data tracking and detailed audit trails. Access general ledger entries through the chart of accounts. Each entry is assigned an entry number and a transaction number when it is posted to an account, as well as a source code, a reason code, and a user ID.
Simplify transaction management with general, recurring and auto-reversing entries. Post frequent transaction to your general ledger using a recurring journal. Assign a fixed amount to each line in the journal and choose how often the line should be posted with updated data.
Use dimensions to create complex account schedules. Help improve reporting with advanced options for selecting what to display in row and column combinations, such as showing debit amounts only when there is a balance.
Assign financial information identifying characteristics or “dimensions$rdquo; such as product, sales region, and time period to help you analyze and better correlate performance. Assign multiple dimensions to each budget entry. Filter your budget by up to four dimensions to create sub-budgets that match your organizational structure.
Create budgets with a breakdown of every general ledger account and every total in the chart of accounts. Once you have created a budget, you can print actual balances and show variances by percentage.
Distribute financial information over the Web or by e-mail. Help simplify reporting across multiple formats with supporting for Extensible Business Reporting Language (XRBL).
Reduce errors associated with manual reconciliation of funds and transfer balances smoothly between accounts.
Define multiple inter-company relationships between the parent and partner or subsidiary companies in your organization. Manage single-use or recurring transactions and distribute purchase order costs directly to subsidiaries.
Flexible Multi-user Environment
Create as many journals as you want, each with its own document number series. People can work in a general journal while others are entering and posting data at the same time.