Parallel maintaining of records

Liyu

Hi,
I use Navision v3.70
As I know this system doesn't support parallel accounting.
How is it possible to realize it if i'm going to use governmental chart of accounts for accounting, and IAS for generating report (balance sheet, income statement)
Thx in advance.

ara3n

you can create balance sheet and income statement using account schedule. Take a look at it and read the manual on how to use it. You can use account schedule to create all the reports you need.

Liyu

Our government have different account policy with international (Russian statutory requirements vs. International standart requirements). For example difference in accrual concepts, methods of depreciation and so on... For reporting in this different standarts I should use dual accounting or corrective transactions. In contrast to other ERP systems Navision don't perform dual accounting with one point of data entry. I need reports in both standards. How can is it possible to implement this paralleling? :-k

DenSter

If it is mandatory in your country it should be in your localization. I believe the French localization has that feature, so it should be possible to copy the functionality. Did you get in touch with your local Microsoft representative?

ara3n

You can also use a second company with different GL accound and consolidate the data for the Government.

Miklos_Hollender

1. You could try to use Intercompany - this was actually created for group level consolidations, but should do the trick.

2. For all manual accounting, the second acc. no. could be a dimension assigned to the Account. However, it does not work for automatic accounting (sale, cogs, inventory etc.) unless you set it very carefully to items, customers etc.