Hi, John.
As long as the NAS is truly NTFS and not FAT32, you can back up to it. Mount the volume with SMB, and then back up to a disk image, as explained in the User's Guide.
A Backup - all files is a complete, bootable copy. But, in addition, it replicates the files and folders, and you can retrieve individual files easily, right with Finder.
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--Dave Nanian
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