Dynamics NAV Accounts Receivable

Key Features

  • Fully manage customer accounts by specifying all identifier/contact information, along with default currency, payment terms, tax information, etc.
  • Define unlimited number of finance terms, including interest rates, currencies, grace periods, and minimum amounts.
  • Manage all aspects of discounting, including discount method, terms, tolerances, and currencies.
  • Define how currencies are rounded and posted.
  • Automate repetitive sales by setting up standard order lines, including discounts.
  • Create and track prepayments.
  • Create schedules that calculate interest, amortize amounts, and generate reminders for customers with overdue balances.
  • Generate finance charge memos manually or automatically based on due dates.
  • Customize and automate customer statements and instalment payments.
  • Choose the method of applying customer payments (e.g. apply to oldest, apply partial payments to multiple invoices, etc.).
  • Get in-depth information on customer balances, payments, credit limit, and history.
  • Monitor Accounts Receivable performance with KPIs, standard reports, and ad hoc reports.
  • Perform more advanced analysis on Accounts Receivable data using NAV business intelligence tools, including PowerPivot.