January 2017
Beginner
222 pages
4h 14m
English
book
Microsoft Dynamics NAV 2016 Financial Management - Second Edition
by Anju Bala, Cristina Nicolas Lorente, Laura Nicolàs Lorente
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Chapter 7. Other Financial Functionalities
So far, we have covered the most important aspects of financial management with Dynamics NAV. But the application has a lot more possibilities regarding accounting and financial management. In this chapter, we will briefly explain all the other possibilities, which include the following topics:
- Currencies
- Intercompany postings
- Accounting implications of other areas
- XBRL
- E-services and document management
Currencies
Different countries use different currencies. The application can post transactions such as invoices or payments in different currencies and translate them into the local currency (LCY) according to the corresponding exchange rate.
Imagine that your local currency is Euro (EUR) and you sell your products ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.