Book Image

Microsoft Dynamics NAV 2013 Application Design - Second Edition

By : Marije Brummel
Book Image

Microsoft Dynamics NAV 2013 Application Design - Second Edition

By: Marije Brummel

Overview of this book

This book is a focused tutorial on Microsoft Dynamics NAV application development to help you develop complete applications and not just application outlines. This hands-on guide starts off by introducing the supply chain that you will be using throughout the book. You will then implement the Microsoft Dynamics NAV ERP suite and learn to set it up and customize it for various industries. You will learn how to customize Dynamics NAV to suit the different aspects of a business such as financial management, relationship management, production, jobs, trade, storage, logistics, and so on. The book will take you through these Microsoft-designed application features and show you how to customize and extend them safely. Therefore, by the end of this book, you will be able to create a structure of your own in Microsoft Dynamics NAV.
Table of Contents (12 chapters)

Chart of accounts

A chart of accounts (COA) is a list of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received. It is used to organize the finances of the entity and to segregate expenditures, revenue, assets, and liabilities in order to give interested parties a better understanding of the financial health of the entity.

Every financial system starts with a COA and although the numbering might differ from country to country, we all have income statements and balance accounts.

Microsoft Dynamics NAV also has some other special accounts: Heading, Begin-Total, and End-Total accounts.

With these accounts, you can make the COA more readable. The accounts within the total accounts are automatically indented.

Posting accounts

When creating a new posting account, there are several options to choose. Most of them are not mandatory but they make it easier to push the end users to using the correct account...