Why Choose Microsoft NAV for Financial Management

1. Why Choose Microsoft NAVfor FinancialManagement Why Choose MicrosoftNAV for FinancialManagement • Financial management ERP softwareprovides businesses with a full suite of accounting functions to track daily financial operations and generate quarterly and annual financial statements. In addition, it provides tools for reporting, analysis, budgeting, andplanning. • Designed for companies with complex requirements, yet easy to use in smaller organizations, Acumatica Financial Management software provides a feature-rich accounting suite, fully integrated with Acumatica’s Customer Management, Distribution Management, Manufacturing Management, Field Services Management, and Project Accounting productsuites. • Benefits of Financial Managementfor yourBusiness • Streamline Operations- Close your books faster with Acumatica’s time-saving automation and workflow. Efficiently handle month-end activities with fewererrors. • Single Version of the Truth-Gain accurate, real-time visibility into business activities and performance with financial reports and personalized dashboards that access the shared, centralized database (single version of thetruth).

2. Work Locally and Internationally-Reach international markets effectively with cloud multi-currency, multi- language, and multi-company capabilities. Acumatica finance management software also offers localized functionality. • Manage Multiple Entities-Use Acumatica’s financial management systems to integrate financials across multiple business entities, including automated reporting, consolidation, payments, and cash management. Supports independent balance sheet and separate tax reporting. • Migrate Legacy Data-Users can migrate Accounts Payable and Accounts Receivable historical data from a legacy system to Acumatica ERP, including open balances, original amounts, and dates, without affecting the generalledger. • Financial ManagementApplications • General Ledger- Create a central repository, fully integrated, with analysis and real-time reportingpower • Accounts Receivable Software-Automate invoicing and managecollections. • Accounts Payable-Manage liabilities and payments for goods andservices. • Cash Management-Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation. • Currency Management-Do business internationally and manage internationalsubsidiaries. • Tax Management-Support centralized tax configuration, management, andreporting. • Deferred Revenue Accounting-Accurately account for revenue recognition in future periods in compliance with ASC 606 and IFRS15. • Intercompany Accounting and Intercompany Reconciliation-Direct financial reporting, payments, cash management, and inter-entity transfers among multipleentities. • Recurring Revenue Management-Manage recurring billing for accuracy andvisibility. • Fixed Assets-Track fixed assets and manage depreciationcalculations. • Mobile ERP Applications-Enable employees to enter time and expense, review cases, approve orders, and assign task from anywhere, at anytime. • Human Resources Management-Manage and automate employee and company-wide data, includingapplicant • tracking, benefit management, and time andattendance. • Payroll Management-Handle all payroll functions for your company (or multiple companies) with automated functions. • Why Choose Microsoft NAV for FinancialManagement