The Receivables & Payables application area is fully integrated with the rest of Microsoft Dynamics NAV. The functionality enables businesses to effectively manage receivables accounts with its flexible and company-specified setup options.

Receivables allows you to:

• Keep detailed records for receivables, including aging and sales statistics
• Record all transactions, sales invoices and credit memos automatically in the G/L
• Record transactions using the sales, finance charge and cash receipt journals
• Print invoices on plain paper or on pre-printed Navision forms
• Integrate with Inventory, G/L, Purchases & Payables and Jobs application areas 
• Assign discounts to the invoice totals
• Base discount rates on invoice amounts
• Define tiered levels of service charges
• Set up discounts for specific combinations of customers and inventory
• Copy details from posted or un-posted orders, shipments or invoices
• Reserve inventory items on-line when you place the order
• Post orders individually or in batch
• Handle all aspects of US sales and use tax
• Collect sales tax for an unlimited number of jurisdictions per transaction
• Manage credit information from one screen, including open orders, aged receivables, and prior comments
• Review order status by order or order line
• Manage shipments from one screen, keeping track of quantities and shipping information

Payables allows you to: 

• Keep detailed records for payables, including aging and sales statistics
• Record all transactions, purchase invoices and credit memos in the G/L automatically
• Record transactions using the purchase or payment journals
• Record purchase invoices and credit memos automatically
• Print invoices on plain paper or pre-printed Navision forms
• Integrate automatically with the G/L, Inventory, Fixed Assets and Jobs
• Assign a discount to the total dollar amount of an invoice
• Base discount rates on the amount invoiced
• Set up discount rates for as many levels as needed
• Define tiered levels of service charges
• Copy details from posted or un-posted orders, shipments or invoices
• Record expected receipts of items on-line when integrated with Inventory
• Post orders individually or in batch
• Enter purchase requests 
• Create purchase orders automatically 
• Reorder inventory automatically when integrated with Inventory
• Link purchases with a specific sales order
• Ship items directly to your customer from your vendor
• Set up an unlimited number of addresses for each vendor and customer
• Select the alternate delivery addresses on-the-fly

Payables

Download fact sheet - PDF format

Receivables

Download fact sheet - PDF format