Why Choose Microsoft NAV for Financial Management

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Why Choose Microsoft NAV for Financial Management
Why Choose Microsoft NAV for Financial Management

• Financial management ERP software provides
  businesses with a full suite of accounting
  functions to track daily financial operations
  and generate quarterly and annual financial
  statements. In addition, it provides tools for
  reporting, analysis, budgeting, and planning.
• Designed for companies with complex requirements,
  yet easy to use in smaller organizations,
  Acumatica Financial Management software provides
  a feature-rich accounting suite, fully integrated
  with Acumaticas Customer Management,
  Distribution Management, Manufacturing
  Management, Field Services Management, and
  Project Accounting product suites.
• Benefits of Financial Management for your
  Business
• Streamline Operations- Close your books faster
  with Acumaticas time-saving automation and
  workflow. Efficiently handle month-end
  activities with fewer errors.
• Single Version of the Truth-Gain accurate,
  real-time visibility into business activities and
  performance with financial reports and
  personalized dashboards that access the shared,
  centralized database (single version of the
  truth).

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• Work Locally and Internationally-Reach
  international markets effectively with cloud
  multi-currency, multi- language, and
  multi-company capabilities. Acumatica finance
  management software also offers localized
  functionality.
• Manage Multiple Entities-Use Acumaticas
  financial management systems to integrate
  financials across multiple business entities,
  including automated reporting, consolidation,
  payments, and cash management. Supports
  independent balance sheet and separate tax
  reporting.
• Migrate Legacy Data-Users can migrate Accounts
  Payable and Accounts Receivable historical data
  from a legacy system to Acumatica ERP, including
  open balances, original amounts, and dates,
  without affecting the general ledger.
• Financial Management Applications
• General Ledger- Create a central repository,
  fully integrated, with analysis and real-time
  reporting power
• Accounts Receivable Software-Automate invoicing
  and manage collections.
• Accounts Payable-Manage liabilities and payments
  for goods and services.
• Cash Management-Control day-to-day transactions,
  cash balances, funds transfer, and bank account
  reconciliation.
• Currency Management-Do business internationally
  and manage international subsidiaries.
• Tax Management-Support centralized tax
  configuration, management, and reporting.
• Deferred Revenue Accounting-Accurately account
  for revenue recognition in future periods in
  compliance with ASC 606 and IFRS 15.
• Intercompany Accounting and Intercompany
  Reconciliation-Direct financial reporting,
  payments, cash management, and inter-entity
  transfers among multiple entities.
• Recurring Revenue Management-Manage recurring
  billing for accuracy and visibility.
• Fixed Assets-Track fixed assets and manage
  depreciation calculations.
• Mobile ERP Applications-Enable employees to enter
  time and expense, review cases, approve orders,
  and assign task from anywhere, at any time.
• Human Resources Management-Manage and automate
  employee and company-wide data, including
  applicant
• tracking, benefit management, and time and
  attendance.