Purchase and Payables

Use the flexibility of Microsoft Dynamics NAV and the company-specific setup options to effectively manage payables.

Apply a payment to as many invoices and credit memos as you like. For greater control, you can choose how to apply customer or vendor transactions by specifying the amounts to apply to individual documents. This can be especially helpful when customers make partial payments. If you choose the "Apply-to-Oldest" method, the system can automatically apply receipts to the oldest invoices for specific customers.

View detailed information about the amounts that will be posted to the general ledger prior to posting, such as payment discounts and rounding amounts.

Unapply or "reverse" all postings and changes related to an application of customer and vendor transactions so they can be applied correctly.

Set a tolerance level (in local or other currency) on an invoice in order to apply and fully close the invoice and payment entries, even if the payment amount is less or more than the invoice. Tolerance can be automatically allowed or decided on a case-by-case basis.

Set a tolerance level of several days to apply and close an invoice and payment, even if you receive the discounted payment later than the discount date specified by the payment terms. Discount tolerance can be automatically allowed or decided on a case-by-case basis.

Integration with your systems

Microsoft Dynamics NAV is designed to work smoothly with other Microsoft products such as Microsoft Office, Microsoft SQL Server and Microsoft Windows Vista and XP. For example, documents written with Microsoft Word can take data from the Microsoft Dynamics NAV database and incorporate that information into a customer letter. Workers can use Microsoft Excel to create reports with up-to-date figures imported from Microsoft Dynamics NAV. Commerce portal capabilities also allow a company to create a Web site to work easier with customers and partners.

In addition, Microsoft Dynamics NAV also can be integrated with a wide range of other software products, so even if a small business already has substantial IT infrastructure, it can be used with Microsoft Dynamics NAV so that a business makes the most of its IT investment.

Finally, Technology Management is a recognised leader in the UK for integrating Microsoft Dynamics NAV with Microsoft Dynamics CRM.

Hosted or on-premise – the power of choice

Microsoft Dynamics NAV is available through Technology Management's hosted applications or deployed on your own servers.