Navision Experts, hello. We are using Nav 4.0 SP3.
I am looking for recommendations on processing progressive payments within Navision. We hire many subcontractors for any given project. We set these subcontractors up as vendors and create purchase orders. We will have a contract for say $100k, and we are expected to pay various portions of this at different times as the project progresses. We handle this now by setingt up a PO against a GL account and we reverse the quantity and dollar amount. Using the 100k example, the PO line would be a quantity of 100,000 at unit cost of $1.00. Then if we are invoiced for $5k, we receive 5000 units at $1.00.
Functionaly this works okay, but it causes reporting issues down the line. I am curious if anybody knows of another way to manage this in Navision, or if perhaps if Nav 2009 addresses it.
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:thumbsup: Yes I should have read the post in more detail, Jobs looks like a better solution than what I was suggesting in this case.
We use Tectura Project to essentially manage a construction project. I would describe it here if I could, but I am not even sure where to start considering I do not know where it digresses from the standard jobs module.
In that case, contact Tectura. They will have the experience with this module to know the best solution.
Independent Consultant/Developer
blog: https://dynamicsuser.net/nav/b/ara3n
So, if you know somebody at Tectura, in the USA, who knows how to use Tectura Project, please email me and I will gladly contact them.