Setting up a complete company in Microsoft Dynamics NAV 2018
Setting Up A Complete Company in Microsoft Dynamics NAV 2018:
Steps to follow:
1.) Create the Company
2.) Setup the Company Master Data
Master data is the core data that is absolutely essential for running operations
within a business
(Chart of Accounts, Items, Customers, Vendors, Users, Locations, Banks )
3.) Begin Trading i.e. Purchase and Sales of goods or services
Setup the Company Master Data:
i.) Master Data – Chart of Accounts
ii.) Master Data – Items
General Product Posting Group
VAT Product Posting Group
Inventory Posting Group
iii.) Master Data – Customers
General Business Posting Group
VAT Business Posting Group
Customer Posting Group
iv.) Master Data – Vendors
General Business Posting Group
VAT Business Posting Group
Vendor Posting Group
v.) Other Setups
General Ledger Setup
VAT Posting Setup
Inventory Posting Setup
Inventory Setup
Accounting Periods
No. Series
Purchase & Payables Setup
Sales & Receivables Setup
General Posting Setup
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