I have a problem in my accounting which is the following. The company has many different contracts for IT related costs (normally bandwidth in a certain region). Some of these contracts are invoiced in advance and some are invoiced after we have used the service/bandwidth. Management wants better transparency on these costs so now each region is split out on a different account and we can keep track of each account in excel. But I think there should be a better way to solve this within NAV but I don’t know how, since I am not a very experienced user. The problem is really if there is a way to deal with contracts and/or accruals that go both back and forward in time. Does anybody out there have a solution to the problem?
Thank you very much in advance.