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Microsoft Dynamics NAV 2016 Financial Management

You're reading from   Microsoft Dynamics NAV 2016 Financial Management Master the world of financial management with Microsoft Dynamics NAV 2016

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Product type Paperback
Published in Jan 2017
Publisher Packt
ISBN-13 9781786469496
Length 222 pages
Edition 2nd Edition
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Authors (3):
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Anju Bala Anju Bala
Author Profile Icon Anju Bala
Anju Bala
Cristina Nicolas Lorente Cristina Nicolas Lorente
Author Profile Icon Cristina Nicolas Lorente
Cristina Nicolas Lorente
Laura Nicolàs Lorente Laura Nicolàs Lorente
Author Profile Icon Laura Nicolàs Lorente
Laura Nicolàs Lorente
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Toc

Table of Contents (9) Chapters Close

Preface 1. The Sales and Purchase Processes 2. Managing Payments and Banks FREE CHAPTER 3. Accounting Processes 4. Reporting and Business Intelligence 5. Foretelling - Budgeting and Cash Flow Management 6. Financial Management Setup 7. Other Financial Functionalities 8. Fixed Asset Setup and Transactions

Chapter 3. Accounting Processes

So far we have seen the accounting tasks that require most of an accountant's time, because they are the bulkiest tasks: posting sales, purchases, and payments. But there are many other accounting tasks that have to be performed.

In this chapter, we will explore the following accounting processes:

  • Posting accounting transactions
  • Reporting taxes - VAT (Tax Posting setup)
  • Managing fixed assets
  • Inventory valuation
  • Closing the accounting year
  • Consolidating financial statements
  • Deferrals
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