Finance Finace Module act as the center point of all the modules available with Microsoft ERP - Business Central or Navision. Following image shows the Finance module explored format in Business Central product. As you can see, Microsoft adopted all the features available with older version and added new functionality as and when released. As a result right now its … [Read more...] about Finance Module
GST ( Goods and Service Tax - India) Setup in Microsoft Dynamics Dynamics NAV I know everyone is searching for a good GST material that can help easy GST implementation which required to be done on all the Microsoft Dynamics NAV users across all India. According to Government of India this will be effective from July 01 2017. Hope you already read introduction of GST if not … [Read more...] about GST Setup in Dynamics NAV
How to process various documents after GST ? This is major question arrived on various Customers and consultants. During this post our aim is to simply the GST user process to all our viewers. Suggested you to read following 2 Chapters before start reading current page for easy understanding. GST : Goods and Service Tax India (Introduction) GST Setup in Dynamics NAV … [Read more...] about GST Process Changes in NAV
Goods and Service Tax ( GST ) What is GST? Goods and Service Tax (GST) is an indirect tax levied on supply of goods or services or both. It is a destination / consumption based tax levy which is payable in the state in which the goods and services are consumed. It is levied and collected on value addition at each stage of production or distribution process (all … [Read more...] about GST : Goods and Service Tax India
How to create New Bank Account in Navision (Dynamics NAV)?Whenever a new Bank Account creates then you should define that in the system by following 4 steps.Create a G/L Account No. for Bank Account In the Chart of AccountsCreate Bank Accounts Details in the Bank Accounts CardAssigning Voucher NumbersCreate a number series and attach in the Journal TemplatesBank Account Card in … [Read more...] about New Bank Account Creation and Setup In Navision
Accounting Periods In NavisionThe Accounting Periods window used to open new fiscal years, define accounting periods and close fiscal years. The shortest possible accounting period is one day. You must set up at least one accounting period for each fiscal year.The window contains a line for each accounting period. You can open the Accounting Periods window from Financial … [Read more...] about Accounting Periods
Microsoft Dynamics – NAV XBRLMicrosoft Dynamics - NAV XBRL enables the effective distribution of financial information via the Internet.Key Benefits:Provides technical independence – XBRL makes the distribution of financial information simpler and more dependable.Related Topics: What is XBRL(eXtensible Business Reporting Language)?Managing XBRL To manage the operation of XBRL … [Read more...] about Microsoft Dynamics – NAV XBRL
What is XBRL? XBRL (eXtensible Business Reporting Language) is an open data standard for financial reporting.XBRL is a language for the electronic communication of business and financial data which is revolutionising business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, … [Read more...] about What is XBRL?