In this book, we saw the financial management of Dynamics NAV and also the accounting implication the sales and the purchase areas have. Other functional areas such as jobs, service, warehouse, or manufacturing also have some kind of accounting implications that will be briefly explained in this section.
The Job functional area is meant to manage projects and perform tasks such as configuring the job, scheduling resources, monitor progress, and so on.
This area has two kinds of accounting implications, which are as follows:
The Service functional area is meant to manage post-sale services and maintain a record of customers.
Within this area, service invoices can be created and posted, which will end up in postings to the general ledger and in customer ledger entries that will have to be paid later on.
The Warehouse functional area is meant to manage all warehouse-related processes, such as receiving items from vendors, stocking them into the warehouse, picking and sending items to customers and perform the necessary internal item movements.
This area is all about items. Items have a cost that has to be posted to the general ledger in order to be able to know our inventory valuation. We have already talked about inventory valuation earlier on this book.
The Manufacturing functional area is meant to manage and plan the transformation of inputs into finished goods.
This area has two kinds of accounting implications: