Navision’s General Ledger

The heart of any accounting system is the general ledger and Navision’s is widely considered to be an excellent system. One reason for this is Navision’s account number can be expanded to any length with an unlimited number of segments. Many other top accounting system solutions have been hampered by limited account number structures. For example, until the release of Version 4.0 in early 2004, MAS 90’s account numbers were limited to just 9 digits and three segments. Macola Progression is limited to just three segments as well (15 digits). Navision; however, offers an account number structure as powerful as SAP’s in that the structure is dynamic and can be increased or modified at any time. The Navision Chart of Accounts screen is shown below:

The Navision product has been designed to allow end users to view all information on the screen, and avoid the necessity for printing out voluminous copies of reports thereby reducing paper costs, toner costs, wear and tear on printers, paper storage costs, trash removal costs, etc. For example, Navision allows the user to scroll the data in reports while the column headings and row labels remain visible on screen. Other accounting systems that do not provide such a feature often force the user to print pages of reports in order to read them. You could say that by design Navision is environmentally friendly because fewer trees are killed. The screen below shows the financial reports (referred to in Navision as Account Schedules) that are available in the system.

The screen below show example financial reports as presented in Navision. The drop down option button in the bottom right hand corner allows the user to export financial reports to Excel.  

The screen below shows the resulting financial report in Excel, including an automatic pivot table and field list box to make it easier for end users to create OLAP data cubes, pivot reports, and pivot charts.

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