Financial management of a company hinges on its financial management. Financial accounting prepares balance sheets, income statements, and provides economic analysis and provides a basis for decisions for further business development. Reliable and straight forward analysis taking up to date information into account is essential.
Customer and vendor postings are managed by the sales and accounts payable department, keeping an eye on claims and liabilities and ensuring optimal liquidity planning.
Microsoft Dynamics NAV is a fully integrated financial management tool which directly combines financial, asset, sales and accounts payable data. For example, entries in the sales ledgerare automatically entered in corresponding accounts, freeing up sales staff from having to think about the structure of G/L accounts. Flexible booking group configuration, means setting this up can be done in just a few minutes.
The following extensions of the Anveo product family are also interesting for financial management: