

Microsoft Dynamics NAV is a component of business software. Its basis is on Microsoft Azure, which provides a secure platform and a diverse set of services. Instead of using distinct, isolated sales and marketing functions, Dynamics 365 provides automated, consolidated, and cognitive sales and marketing tools that integrate, prioritize, and transform prospects into paying clients. It integrates your data, business logic, and operations, combining Customer Relationship Management and Enterprise Resource Planning features.

Microsoft Dynamics 365 is a collection of integrated, customizable Software-as-a-Service (SaaS) applications and services that transform and enhance the productivity of your core customers, workers, and business processes.

What are the differences between the two? Which one is better than the other? Let us dig further. Case in point, Dynamics NAV and Dynamics 365. Some of them even have a number of similar features, which makes it more confusing to pick one over the other. With Microsoft having a massive line of products, it is often a challenge to choose the best tool to settle for when wanting to accomplish certain business functions. Record job costs for resource usage, materials, and job-related purchases on an on-going basis and invoice the customer, either when the job is finished or according to an invoicing schedule.What Are the Major Differences Between Microsoft Dynamics 365 and Microsoft Dynamics NAV? How to: Monitor Job Progress and Performance Post the consumption of materials, resources, and other expenses of job work in process (WIP) to monitor its financial value and to maintain correct financial statements even though you post job expenses before invoicing the job. Learn about WIP (Work in Process), a feature that ensures correct financial statements and enables you to estimate the financial value of jobs that are ongoing.

Purchase supplies for a job, either on purchase orders or invoices, and record item and time usage. Review and record usage on various parts of your job, which is automatically updated as you modify and transfer information from job planning lines to job journals or job invoices for posting. ToĬreate jobs, assign job tasks, and prepare job planning lines.Īllocate resources to jobs and manage resource prices.Ĭreate a time sheet with integrated job task and planning lines and post time sheet lines to a job journal.īudget for resources to be used in jobs and compare actual item and resource usage to budgeted usage to improve the quality and cost efficiency of future projects. The following table describes a sequence of tasks, with links to the topics that describe them. For more information, see Setting Up Project Management. As a project manager, you have a good overview, not only of individual jobs, but also of the allocation of employees, machinery and other resources being used in all projects.īefore you can use Dynamics NAV to manage projects, you must set up resources, time sheets, and jobs. You can track machine and employee hours on the project by using time sheets. In Dynamics NAV, you can perform common project management tasks, such as configuring a job and scheduling a resource, as well as providing the information needed to manage budgets and monitor progress.
