Financial Statements in NAV 2017

Most commonly used financial statements are available upon your first login to Microsoft Dynamics NAV 2017. When you sign in to your Microsoft Dynamics NAV 2017 account (or open the Role Tailored Client), you can now run your financial statements in a matter of moments. In the following example we are using the Business Manager Read More

Cortana Intelligence in NAV 2017

Cortana gathers and analyses data and uses pre-configured analysis tools, machine learning and big data storage. Cortana can be used as a prediction tool for many areas of NAV, such as predicting future sales based on past sales of an item, cash flow based on payable and receivables, as well as predictions of what a Read More

Handling Incoming and Outgoing Payments

By default, Cash Receipt Journals are used to post incoming payments from customers and Payment Journals are used to post outgoing payments to vendors. Working with Cash Receipt Journals Open the Cash Receipt Journals. Here you can see various journals created with balancing accounts. Select one (BANK in this example) and Edit Journal. Here you Read More

Accounting and Financial Statement Basics

The Flow of Funds The flow of money or funds goes upstream from customer to producer and from producer to supplier as intermediate or final products or service are paid for. This funds flow is not linear since some upstream payments may occur long before the final good or service is even purchased. Why is Read More