This Dynamics NAV Coffee Break provides simple, easy to follow instructions that explain how to create default expense accounts for vendors in Dynamics 365 Business Central. Many companies have vendors who send invoices monthly, and always with the same GL account. In this video, we show you how to skip the step of having to enter that account every time with step by step instructions on how to set up default general ledger accounts by Vendor for purchase invoices.
Tag Archives: Account
Why Your Inventory Valuation Does Not Match the Inventory Account on the General Ledger
At the end of every month, we will inevitably get some questions on why their inventory valuation figures does not match the G/L inventory account. We would investigate and find out why and provide solutions on how to fix them.
Some of the reasons are pretty common so I’d thought I compile a list of reasons why your inventory valuation does not match your general ledger, and how to fix them.
Dynamics NAV Coffee Break: Account Categories
Learn how to use a new feature that became available in Microsoft Dynamics NAV 2017, Account Categories, which automatically creates account schedules and financial statements.
Dynamics NAV Coffee Break: Getting Checks to Print
This is a brief tutorial showing how to get checks to print when using multiple bank accounts and working in Microsoft Dynamics NAV.
Create Financial Reports on the Fly – NAV Account Schedules
Dynamics NAV provides a very time efficient tool to generate financial reports on the fly. The functionality is called: “Account Schedules”. A very NAV specific term (so I understand if you don’t know what it is).
I can tell you this, it takes about 30 seconds to generate a P&L and a Balance Sheet via Account Schedules and maybe a few more minutes if you want to format the columns to make it look nicer.
How to use G/L Account Categories in Microsoft Dynamics NAV 2017
Previously each G/L account was identified as either a Balance Sheet or Income Statement account, then based on your chart of accounts grouping would give you the reporting layout. In NAV 2017 using account categories, you can assign to the G/L account level, regardless of the begin and end total accounts ranges. For example, grouping together any operating and non-operating expenses.
How to Assign Dimensions to Master Data & GL Accounts in Dynamics NAV
This article and video continues the series of articles dedicated to Dimensions and explains how to assign Dimensions and Dimension Values to master data and G/L Accounts. In this article, the term “master data” is used to refer to such data as Customers, Vendors, and Items.