Business people discussing financial data - Cost Accounting with Microsoft Dynamics NAV

Cost Accounting with Microsoft Dynamics NAV

Integrated, easy-to-use and consistent cost accounting software is essential for providing the underlying data for important business decisions. Production-focused companies in particular cannot survive without reliable cost accounting because only by knowing the exact costs of manufacture can you be sure you are selling your products at the right price. Cost Accounting for Microsoft Dynamics NAV (formerly Navision) offers a modern controlling tool for supporting your cost analyses. Microsoft Dynamics NAV Cost Accounting offers you functionalities such as:

  • Cost centre accounting
  • Cost element plan
  • Accounting parameters
  • Reference value management
  • Apportionments
  • Planned costs
  • Analysis views
  • Cost unit accounting
  • Overhead cost accounting

Efficiency at the click of a mouse

With Microsoft Dynamics NAV Cost Accounting, you can cover all important requirements such as internal cost allocation, apportionments for all procedures, imputed continuous entries and working with planned costs. Microsoft Dynamics NAV offers clear diagrams and graphics that can be created with just a few mouse clicks so that you can quickly provide an overview of the gathered and evaluated data.

Customised cost management

The Cost Accounting module allows you to freely define cost elements, cost centres and cost objects and link them together. Cost Accounting synchronizes cost information with the general ledger, and then allocates that information to different costs centers and cost objects. The required data can be transferred directly from general ledger accounting in Microsoft Dynamics NAV to the Cost Accounting module. Of course, it is also easy to import and export budgets to and from Excel.

No complicated training

With its seamless integration into Microsoft Dynamics NAV's proven financial management system, Cost Accounting is also the perfect starting point for your operational accounting. And thanks to the Microsoft Dynamics NAV's role-based user interface, your employees can work with the system efficiently and without long training periods.

Does this sound interesting?

By working with you, we know that we can find the ideal concept to meet your specific requirements. Get in touch with us to discuss how COSMO CONSULT and our Dynamics NAV solutions can help you to get more output of your business.

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