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Navision Depot
Thoughts, Tips and Tricks to Grow Your Business
with Dynamics NAV

May 7, 2009
Seven Signs You May Need New Accounting Software

1. You have to pull data together from multiple sources to answer important business questions.

2. You have to enter the same data more than once.

3. You're getting more complaints from your users.

4. You've noticed -- or been told -- that you need better internal controls.

5. You frequently have to wait too long for transactions to process or reports to run.

6. You have business functions or processes you'd like to be tracking in your software, but the software can't handle it without extensive customization, or can't handle it at all.

7. You can tell when someone is using your software by the muttering and swearing…

Navision Tip: Math made Easy

Did you know that you can do math in any number field in Navision?

In any field that will take a number, such as quantity or price, you can enter a formula and Nav will calculate the answer for you. This forumula can use the operators +, -, *, and / for addition, subtraction, multiplication and division respectively, and can be as simple or as complex as you'd like.

Just type your forumula into the number field and then tab or click to the next field, your formula will be replaced with the answer, ie 5+12 becomes 17. Nav follows standard mathematical order of operations rules, meaning multiplication and division operations are performed before addition or subtraction ones.

Featured Add-On: Collections Management

Having trouble collecting money your customers owe you?

In these troubled economic times, more business are having collection problems, and at a time when we can all least afford it. If you are finding yourself with higher DSOs and more outstanding overdue bills than you'd like, or you're spending more time making and tracking collections calls than you used to, you might want to consider the Collection Management Solution.

This Nav add-on is a business management tool designed to support the collections process. It leverages the contact-management and follow-up tracking principles typically used for sales and marketing, and applies them to improving collections effectiveness. You get a centralized list of all of your overdue invoices, with contact information, interaction history, invoice numbers, amounts owed, and all other pertinent information in one easy to use screen, and you also get up to date information on what promises to pay the customer has previously made, and what other contact the customer has had with others in your firm.

If you only have a couple of overdue invoices at any given time, this application is probably not necessary for you, but if you have a significant volume of customers and even a few are routinely late, this may be just the tool to significantly improve your cash flow and simplify your life.

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