Microsoft’s continued commitment and development of Enterprise Resource Planning Systems (ERP) has resulted in the release of Microsoft Dynamics NAV 2018. NAV 2018 is an end-to-end robust business management solution designed to help organizations achieve greater efficiency, streamline business processes, and empower employees to react quickly to changing business needs with intelligent insights-anywhere and on any device.
Microsoft Dynamics NAV 2018 Enhanced Financials, along with its core financial management features give companies a vast array of accounting and financial capabilities for small to medium sized companies. A new feature is the out-of-the-box Preconfigured Excel Financial Reports in Dynamics NAV 2018 for some of the most common business insights into financials. These are listed below:
Balance Sheet-Open a spreadsheet that shows assets, liabilities and equity.
Income Statement-Open a spreadsheet that shows the company income and expenses.
Cash Flow Statement-Open a spreadsheet that shows the changes in balance sheet accounts and income affect the company’s cash holding.
Retained Earnings Statement-Open a spreadsheet that shows changes in retained earnings based on net income from other financial statements.
Trial Balance-Open a spreadsheet that show a summary trial balance by account.
Aged Accounts Payable-Open a spreadsheet that show a list of aged remaining balances for each period by vendor.
Aged Accounts Receivable-Open a spreadsheet that shows when customers payments are due or overdue by period.
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