Microsoft Dynamics NAV 2018: Advanced and New Features

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Microsoft Dynamics NAV 2018 Advanced and New
Features
Microsoft Dynamics Navision 2018 is the outcome
of continuous developments in the proven NAV ERP
product line providing simplified business
solutions to mid-size companies. With the several
improvements and new functions implied, the
product has launched in last December,2017.
Maintaining the transformation strategy,
Microsoft is moving towards unified cloud based
business platform with each version consistently.
Compared to last versions, there are lots of
upgrades for specific business domains. Most
significant features are listed below In-built
Integration with Dynamics 365 for sales Dynamics
NAV 2018 is integrated with Dynamics 365 for
sales solutions. Very few easy steps required to
connect and run the two platforms simultaneously.
All the data including sales orders, items
availability, currencies and unit of measure get
synched. To link data between Dynamics 365 for
sales and Dynamics NAV, coupling of salespersons
to users is necessary. The complete connection
set-up syncs the data in the background and
allows hassle free working. To track the detailed
information about number of records in the NAV
2018 and number of records in the connected
Dynamics 365 for sales, you need to open the
Integration Synchronization Jobs window. Using
Integration table filters while coupling between
the two apps, only eligible records can be
synched. By disabling the Integration with
Dynamics 365 for sales, all integration
synchronization jobs get deactivated. Bulk
posting of orders, invoices and credit memos With
the latest version, you can minimize your time
consumption while processing the invoices in one
go. You can select batch of invoices, orders and
credit memos and select "Post Selected". Change
global dimensions improvements In previous
versions, "Change global dimensions" feature
stopped all other activities generating extremely
large transaction. With the latest version, this
feature has been made independent of background
jobs. Also Change Global Dimensions report
allows a failed task to re-execute from the point
of failure. Intrastat Reporting Improvements For
quick Intrastat reporting, set normal sales and
purchases and sales and purchases return as
default transaction types. This modified feature
allows you to make corrections in the Isntrastat
reports before submitting it. By toggling the
Intrastat journal lines, errors containing lines
get highlighted and they can be easily
rectified. Posting directly to general ledger
accounts from documents Sometimes there are
services or type of fee applied that are not in
the catalogue and which makes their count in the
revenue difficult. NAV 2018 allows you to add it
on the fly in the document and the revenue can
be posted in correct general ledger account from
the document lines directly. Enhancement for
North America Electronics Fund Transfer (EFT)
functionality With this brilliant feature, you
need not to worry to pay your vendors manually.
They can receive electronic payments. You can
adjust the format of EFT file as per your
requirements. A specific file layout can be
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assigned to each bank account and while
processing payments each EFT file uses assigned
layout automatically. Address validation in the
UK To find addresses in post code in the UK,
GetAddress.io UK Postcodes extension is accurate.
It uses the getAddress API. To avail this
service, you need to get a plan and an API. You
can select a plan according to your use.
Choosing a free plan allows you to add 20
addresses per day for 30 days. Retrieve
customer, vendor and contact name and address
from VAT registration number (UK only) With the
help of EC VAT VIES web service, you can validate
the VAT registration number of new customers,
vendors and contacts. The web service provides
you the name and address details stored with VAT
number. This service is designed to ease the
business of the UK customers. Migration from
QuickBooks NAV 2018 allows you to import payroll
transaction files in the QuickBooks IIF format by
installing the QuickBooks Payroll File Import
Extension. All the payroll data including date,
payroll account, description and amount gets
imported to your already mapped G/L
accounts. Bulk Invoicing from bookings Bulk
invoicing feature is introduced in NAV 2018 for
the companies using Booking App Office 365.
Uninvoiced Bookings Page shows the list of
companys completed bookings. You can select the
bookings, you want to create invoice and they
get drafted for the services provided. Cancel or
correct the posted invoices Simplifying it from
the last versions, to correct the posted invoice
is easier in NAV 2018. Now, it provides two
options only Correct or Cancel. As you select
one, credit memo gets generated. And it
automatically creates the job planning lines in
the background. Blocked jobs are not allowed for
post corrections. Loaded with abundant smart
features, Dynamics NAV 2018 is making its place
in the ERP services. With its specific features
which are exclusively designed for UK and USA, it
is certainly an effective tool serving the
business houses for the utmost business ease. ?
July 10, 2018 / ? Microsoft ERP, Navision
Consulting, Navision Implementation
Dynamics NAV 2018 , Microsoft Dynamics NAV 2018 ,
Dynamics NAV 2018 , Microsoft Dynamics NAV 2018 , NAV 2018
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