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. The Microsoft Dynamics NAV Cost Accounting module 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

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.

The cost accounting software 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.

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.