Journals
In Dynamics NAV, you will see journals all over the place, in every single functional area. Just to name a few, if you move around the Departments menu, you will find a lot of different types of journals such as General Journal, Payment Journal, Item Journal, and so on:
Journals are where all kinds of transactions in Dynamics NAV, such as accounting transactions, sales transactions, item transactions, and so on, take place. When you post a document, such as a sales order, NAV will use the journals internally to post to the appropriate ledger tables.
You can actually write down all the company transactions in journals and post them there (journals also have a posting action) without using any kind of document. In fact, some companies follow this method, although we would not recommend it.
Imagine you want to post a sales invoice in which you have sold an item, a resource, and a fixed asset. Using the appropriate G/L accounts, you have to do the following:
- Post all the transactions...
