Accounting implications of other areas

In this book, we saw the financial management of Dynamics NAV and also the accounting implication the sales and the purchase areas have. Other functional areas such as jobs, service, warehouse, or manufacturing also have some kind of accounting implications that will be briefly explained in this section.

Jobs

The Job functional area is meant to manage projects and perform tasks such as configuring the job, scheduling resources, monitor progress, and so on.

This area has two kinds of accounting implications, which are as follows:

• It can create sales invoices. The accounting implication of those sales invoices are the same as regular sales invoices.

• Work in Process (WIP) can be calculated and posted to the general ledger. Multiple WIP methods can be configured to calculate WIP for a specific job.

Service

The Service functional area is meant to manage post-sale services and maintain a record of customers.

Within this area, service invoices can be created and...