Navision
Microsoft Dynamics NAV (Navision) is an ERP software suite for midsize organizations. The software offers specialized functionality for retail, government, manufacturing, distribution and other industries. Microsoft Dynamics NAV suite offers applications for financial management, manufacturing, human resource management, project management, sales and marketing, international sites, service management, supply chain management, and business intelligence. The application is particularly designed for the manufacturing and distribution sector.
Financial management and accounting
This module includes all the necessary functionality for setting up a company; General ledger, chart of Accounts, VAT facilities, recurring journals. Also includes:
- Approval of sales and purchase documents
- Reporting and Posting in your company’s base currency.
- Facilities for internal and external reporting.
- Set up sales and purchase documents archiving.
- Transfer costs from the general ledger
- Enter and post internal allocations directly in the Cost Accounting Cost journal.
- Transfer cost budget and Create cost budgets entries to actual entries.
Supply Chain Management
Manage and track your stock, production, orders, and vendors.
- Calculate Sales invoice discounts automatically and set up any number of invoice discount terms
- Manage sales orders, sales quotes, and partial shipments. Create a pre-payment invoices for the sales order.
- Set up items that you carry in your stock and specify their unit of costing method, unit price, and cost.
Manufacturing
- Create and manage bills of materials and calculate standard costs and production orders.
- Automatic productions orders and purchase orders (PO)
- Inventory and sales forecast extension to get deep insights of about overview of expected stock-outs and potential sales.
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