Book Image

Implementing Microsoft Dynamics NAV - Third Edition

By : Alex Chow
Book Image

Implementing Microsoft Dynamics NAV - Third Edition

By: Alex Chow

Overview of this book

Microsoft Dynamics NAV 2016 is an Enterprise Resource Planning (ERP) application used in all kinds of organizations around the world. It provides a great variety of functionality out-of-the-box in different topics such as accounting, sales, purchase processing, logistics, or manufacturing. It also allows companies to grow the application by customizing the solution to meet specific requirements. This book is a hands-on tutorial on working with a real Dynamics NAV implementation. You will learn about the team from your Microsoft Dynamics NAV partner as well as the team within the customer’s company. This book provides an insight into the different tools available to migrate data from the client’s legacy system into Microsoft Dynamics NAV. If you are already live with Microsoft Dynamics NAV, this books talks about upgrades and what to expect from them. We’ll also show you how to implement additional or expanding functionalities within your existing Microsoft Dynamics NAV installation, perform data analysis, debug error messages, and implement free third-party add-ons to your existing installation. This book will empower you with all the skills and knowledge you need for a successful implementation.
Table of Contents (19 chapters)
Implementing Microsoft Dynamics NAV Third Edition
Credits
About the Authors
About the Reviewers
www.PacktPub.com
Preface
Index

Choosing a go-live date


If you ask any accountant which date to choose to start working with Dynamics NAV, they will always answer "January 1". The reason behind this answer is that, for most companies, January 1 is the beginning of their fiscal year. It has advantages, no doubt, but it also has drawbacks. The year has 364 additional days to work, but limiting yourself this much is not worth the hassle and stress.

In this section, we will see the pros and cons of going live at the beginning of a fiscal year versus going live on any other date. With all this information, you should be able to choose the best date in your case and know the consequences of your choice.

Going live at the beginning of the fiscal year

All companies analyze information at least annually. Among other reasons, because the tax authorities require certain documentation submitted annually as balance sheets. Starting to use Dynamics NAV at the beginning of the year has another major advantage; there is no need to do anything...