Going live at the beginning of the fiscal year
All companies analyze information at least annually. Among other reasons, because the tax authorities require certain documentation submitted annually as balance sheets. Starting to use Dynamics NAV at the beginning of the year has another major advantage; there is no need to do anything special to get annual information. There is no need to seek information in two different systems and add it somewhere, and then repeat this process every time you need to analyze the information.
We are not just talking about accounting. Accounting information is the easiest to add. This is because accounting is an area where everything is regulated, and so there will not be many differences between the old system and Dynamics NAV. No major problem here. But there are other areas where it may be impossible to obtain information from the old system. We will never have complete information in the first year.
Let's see an example. Imagine a company that...