Dynamics NAV 2018: Direct posting financial transaction to an employee

Hello,

It's very good move from Microsoft for enhancing HR module integrity with NAV Accounts Payable module.

Microsoft dynamics has always had a Human Resource module which is quite simple to capture only HR information, While Dynamics NAV implementation we used to prefer third-party HR/Payroll Solution for Employee related transaction in NAV. henceforth, we can pitch the integrated HR/claim-expenses/reimbursement solution to prospective customers of Dynamics NAV application.

Now with NAV 2018 release, we can register a financial transaction of an employee.

Image 1 NAV 2018 Employee Master List

As far as employee expenses/claims/reimbursement and other transactions related to an employee are concerned, earlier till Microsoft Dynamics NAV 2017, we used to manage either through workaround of Dimensions or Vendor master with an employee dedicated Posting Group.

NAV 2018 allows for posting of the transaction directly against an employee with new Account Type and Bal. Account Type option on Payment Journal Line as an Employee.

Image 2 NAV 2018 Payment Journal Window with an Employee Option

Benefits of this new NAV 2018 feature is it will helpful for better MIS reporting pertaining to employee and will enhance the productivity of finance and accounts team of the organization.

Technical developments:

Following Table and Report has been introduced in NAV 2018

Type	ID	Name	Version List
Table	5221	Employee Posting Group	NAVW111.00
Table	5222	Employee Ledger Entry	NAVW111.00
Table	5223	Detailed Employee Ledger Entry	NAVW111.00
Table	5224	Payable Employee Ledger Entry	NAVW111.00
Table	5225	Employee Payment Buffer	NAVW111.00
Report	394	Suggest Employee Payments	NAVW111.00

PS: This article is based on my best knowledge of the Dynamics NAV, any suggestions/feedback are welcome!