Following are the key components of financial management:

General Ledger: General Ledger contains the central granules in Navision, which are totally integrated with all other granules. All general ledger debits and credits are recorded here and there are many facilities for both internal and external analysis. You can produce financial statements - profit/loss, balance sheet and cash flow statements.

Dimensions: Dimensions functionality adds a great deal of analysis capabilities to Navision. There can be an unlimited number of company-defined dimensions and dimension values. A range of new functionality sorts dimensions.

Budgets: The matrix windows can be budgeted by selecting between combinations of G/L account, period and four dimensions. The budgets can be copied from the previous periods and can revise the budget figures using adjustment factors. Unlimited number of dimensions can be attached to the budget entry. Import and export of the budgets can be done from and to the Excel. One of the most important features is that the budgeted and the actual amounts can be compared per dimensions, G/L account and period on the Analysis by Dimension form.

Sales & Receivables: The integrated structure of Navision transforms accounts receivable into customer management with the ability to automate every aspect of your customer relationships. The Sales & Receivables areas have facilities for complete customer and sales management, even in an international environment. Sales & Receivables also provide customer ageing, sales statistics and other summary or detailed reporting on customers.

Purchases & Payables: To take advantage of potential supplier discounts and to avoid paying invoices too early or too late, you need accounts payable functionality that gives you a complete overview of your business as well as direct access to detailed transactions. Navision provides all these capabilities and more in the Purchases & Payables areas. Purchases & Payables also offer efficient features for managing payments to suppliers and for re-ordering. Purchases & Payables are fully integrated with the General Ledger and Inventory granules and can use the department, project and inventory location dimensions.

Fixed Assets: Navision has a fully integrated Fixed Assets functional area. Fixed assets are a valuable part of any company. However, managing them effectively can easily tie up considerable resources. This is why the Fixed Assets functional area provides essential functions to help you manage fixed assets quickly and with a minimum of effort. For example, you can keep track of all information relevant to fixed assets, such as maintenance costs, acquisition costs and insurance policies. In addition, the real-time nature of Fixed Asset facilities means that your periodic income and expense figures are always accurate and up-to-date.

Business Interaction Management is a marketing and sales tool that targets companies with small sales and marketing teams, a limited number of customers and a sales cycle that isn't too complex. The target audiences are sales and marketing managers as well as key employees within a sales and marketing department. Business interaction Management is the perfect solution for companies looking for their first CRM solution.

Supply chain management system can have a decisive impact on the profitability of an enterprise. Microsoft Business Solutions - Navision enables you set up an effective supply chain management system. It helps you plan and reorganize production to meet new and changing market demands, manage your inventory and warehouses according to your unique requirements, and improve the efficiency of your business relationships with personalized portals and automated business transactions.

Navision provides rich functionality for production management. It provides tools to manage manufacturing processes such as production orders, bills of material, supply planning, and capacity requirements planning.

Service Management is a tool that enables service organizations to leverage business needs and obligations with respect to service in a customer focused and profitable way. The application is targeted primarily for distributors, resellers and manufacturers of products that provide either in-house and/or on-site repair/ maintenance services.

Navision enables you always have the accurate, up-to-date information needed to control costs, organize your service resources for maximum efficiency, and provide better service. You can stay up-to-date on the current status of your inventory, pinpoint out-of-date, defective, undependable, and unnecessarily expensive spare parts and service items, identify most cost-effective spare parts and service items or the hidden spare parts and service items that add to your costs, at a glance. A better overview of company's service resources and customer needs enables more effective allocations.

Navision helps you establish long-term relationships with your customers with functionality including service contract management, and consistent logging and tracking of equipment and services. You can offer billing flexibility, personalized pricing, and the opportunity to specify preferred technicians and service times. Real time access to customer history and service requirements helps enhance customer satisfaction.

The Human Resources module lets you keep employee document files complete with confidential information, equipment issued and track absences. Also included are reports that list and analyze human resources information. The solution delivers a range of reports and lists for analyzing employee data and controlling employee records. This helps you find the right fit for a job or project, with information such as experience, skills, education, and training. You can also identify absence trends through multi-dimensional reporting.

Microsoft Business Solutions-Navision helps you plan and manage the project costs efficiently, and get the most out of personnel and equipment. The module of Jobs helps gain control of allocations for employees, machinery and other resources. It also helps prevent costs from going unbilled by enabling automatic billing for all chargeable costs.

The Resources module helps manage personnel and equipment more efficiently. Resource cost and usages can be tracked. Capacities can be assigned to resources and their availability predicted.

The Retail Management can be handled with GoPro - Retail solution which is written within MBS Navision and as an add-on product. A standardized solution for Non-Food retailing, it is adaptable for any business, from a small outlet to a large multinational organization. It is probably the only solution where the same application is used at the headquarters, the stores and even the POS terminals. GoPro controls all the fundamental aspects in the Non-food retail business, such as, stock, ordering and purchasing, staff, customer and sales. It also offers management reports and helps retailer understand the customer with regard to sales breakdown analysis, profitability of areas and shelves, item assortment, price control, discounts and campaigns. The database replicated at each location gives independence from the need to have live dedicated connections all the time.

Microsoft Business Solutions-Navision was one of the first ERP softwares to provide an in built OLAP capability. Dimensions and Advanced Dimensions granules enable us create multi-dimensional information cubes and view the enterprise information in various ways. Every time a transaction is posted-anywhere within the system-all customer, vendor, account, and item totals are given in real time. You can zero in on details by filtering information (for example, by date, account, or item number), report and analyze based on an unlimited number of criteria, and always rely on the accuracy of the information. Navision has further strengthened this capability by adding the Business Analytics granule. This has brought Navision's analytic capabilities closer to the BI solutions.

Navision helps you improve the efficiency of your business relationships with personalized portals and automated business transactions. Portals reduces administrative costs for you and your partners by allowing customers, vendors, and other partners to serve themselves directly from their own personalized Web page. You can also streamline your commercial interactions with vendors and customers via completely automated electronic exchange of information.

Following are the two key components of eCommerce functionality provided by Navision:

Commerce Portal: In 1999, Navision Software released its Web Shop storefront solution. This product quickly won awards as an innovative B2C solution and continues to be the top rated technology for integrated sales and customer self-service on the Internet. Tightly integrated with Navision Software back-office applications, it automatically displays current prices and availability, and because Web Shop uses the business logic in Navision, it manages all order activity without manual oversight or data entry.

Commerce Gateway: Businesses need a simple, cost-effective way of exchanging electronic data and trading documents. Commerce Gateway uses Microsoft's BizTalk and introduces new document and transaction exchange standards based on the use of extensible markup language (XML). Commerce Gateway also simplifies collaboration between Navision-based systems and other business management applications. Subsequent releases of Commerce Gateway will support electronic collaboration with Web-based trading hubs and online marketplaces.

Navision provides two database options. Choose the Microsoft SQL Server option if you are already using SQL Server in your business, or if you want to take advantage of SQL Server's features, such as data warehousing and OLAP functionality. Or, choose Navision's proven Navision Server option, a powerful, robust, relational database used by thousands of Navision customers worldwide.

Connectivity is a feature of Navision and C/SIDE that lets you make use of data and functionality available in both Navision and in external applications. ODBC interface shares data with a wide range of external applications. Full data security is maintained.

User Portal delivers all the critical information employees need on their own homepage, helping them become more productive. All that's needed is access to a Microsoft browser. With User Portal it's easy for your employees to access data in Navision, no matter where they're working. Remote users, such as travelling sales representatives, can immediately access their personal homepage

Microsoft Business Solutions-Navision® helps you manage a broad range of business areas according to your particular needs. All e Technologies can turn the standard Microsoft Navision technology platform into a solution that meets your exact needs.

Open access to the application makes it straightforward for partners to provide a solution that matches your way of working. The object-oriented development environment makes it easy for you to make modifications on your own, without extensive IT resources. You can add functionality as you need it, and grow at your own pace.

Microsoft/ Navision have traditionally adopted a 100% partner model. Microsoft Business Solutions partners (formerly known as Navision Solution Center) is the first point of contact for the customer. NSC is accredited by the Navision to carry out the requirement analysis, customization, implementation and user training for the customer. The resources involved in the implementation are trained by Navision and have to qualify an online test to become Navision certified resource (NCR).

Navision has established application development standards that are followed by the NSC's while customizing the product so that it is not difficult to upgrade to new versions released by Navision. It also provides several tools, which assist in upgrading.