Dynamics NAV provides the functionality to set up templates for Master records such as Customer, Vendor, Employee, Item, etc.

Templates contain a list of fields and their respective values that will need to be entered for every record. Templates help standardize the creation of master records by ensuring that all the required fields are entered with the correct value.

The example below shows a template for creating Vendor records. It contains a list of standard, mandatory fields that need to be entered for every vendor record along with the field values.

When we are in the process of creating a new vendor card, we can go to Functions>>Apply Template to import the fields values from the template into the Vendor card. This way, we don't have to manually enter every required field on the vendor card.

Multiple templates can be set up for each master record.