Financial management

Financial management is the foundation of any ERP system. No matter what the business is, the money must be kept flowing, and the flow of money must be tracked. The tools that help to manage the capital resources of the business are part of NAV 2017's Financial Management module. These include all or part of the following application functions:

• General ledger - managing overall finances of the firm
• Cash management and banking - managing inventory of money
• Accounts recepable - tracking incoming revenue
• Accounts payable - tracking outgoing funds
• Analytical accounting - analyzing various flows of funds
• Inventory and fixed assets - managing inventories of goods and equipment
• Multi-currency and multi - language-supporting international business actpities

The Financial Management section of the Departments menu is as follows: