Microsoft Dynamics AX 4.0 Financials I (8629)

Vendor:

Subject:

ERP [2]

Overview:

This three day course explores the basic financial functionality available in Microsoft Dynamics AX. Students learn how to set up the General Ledger, Accounts Payable, Accounts Receivable, and Bank Modules of Microsoft Dynamics AX, as well as how to create transactions. Labs encompassing the topics covered allow the students hands on practice in setting up financials in Microsoft Dynamics AX. Students completing this course should acquire a good basic understanding of the General Ledger, Accounts Payable, Accounts Receivable, and Bank Modules.

Course Contents:

Chapter 1: General Ledger Setup
Lessons

Set up a Currencies and Exchange Rates

Create Periods in a New Fiscal Year

Create Date Intervals

Create a Dimension Value

Create a Dimension Focus

Chapter 2: Chart of Accounts
Lessons

Create a New Account in the Chart of Accounts (COA)

Set Up Account Allocation Terms

Set Up System Accounts

View Inquiries and Reports Related to the Chart of Accounts

Chapter 3: Journal Setup
Lessons

Create Journal Names

Set Up Journal Controls

Create Journal Texts

Set Up Balance Control Accounts

Set Up General Ledger Parameters

Chapter 4: General Ledger Daily Procedures
Lessons

Create General Ledger Journals

Enter General Ledger Journal Transactions

Create Journal Batch Processing

Create Approval Journals

Create and Retrieve Periodic Journals

General Ledger Transaction Reversal

Inquire and Report on Daily Journal Transactions

Chapter 5: Sales Tax Setup
Lessons

Create Ledger Posting Groups

Create Sales Tax Authorities

Create Sales Tax Settlement Periods

Create Sales Tax Codes

Create Sales Tax Codes Intervals

Create a Sales Tax Groups

Create Item Sales Tax Groups

Create Sales Tax Transactions

Create Sales Tax Exempt Data

Calculate and Post Withholding Sales Tax

Chapter 6: Sales Tax Reports
Lessons

Creating and Printing Report

Chapter 7: Bank Management Setup
Lessons

Set Up Bank Transaction Types and Transaction Groups

Set Up Bank Groups

Set Up Payment Purpose Codes

Set Up Bank Parameters

Create a Bank Account

Define the Check Layout for a Bank Account

Chapter 8: Accounts Payable Setup
Lessons

Create a Payment Schedule

Create Terms of Payment

Create a Payment Day

Set Up Cash Discount

Create a Payment Fee

Create a Method of Payment

Set Up Vendor Groups

Set Up Posting Profiles

Create a New Vendor

Chapter 9: Accounts Payable Daily Procedures
Lessons

Explain the Different Invoice Journals

Approve an Invoice Register Journal

Create an Invoice excl. Posting

Create an Invoice Journal

Create a Payment Proposal

Run a Payment Proposal for a Mark for Settlement

Create a Payment Journal

Generate a Payment

Edit Open Transactions

Reverse Settlements

Chapter 10: Accounts Payable Reports and Inquiries
Lessons

Reports

Chapter 11: Accounts Receivable Setup
Lessons

Payment Schedule

Terms of Payment

Payment Day

Cash Discount

Payment Fee

Methods of Payment

Customer Groups

Posting Profiles

Create a New Customer

Chapter 12: Accounts Receivable Daily Procedures
Lessons

Customer Process Overview

Create a Free Text Invoice

Create a Payment Journal

Edit Open Transactions

Reverse Settlements

Reimburse a Customer

Chapter 13: Accounts Receivable Reports and Inquiries
Lessons

Reports

Chapter 14: Bank Management Daily Procedures
Lessons

Create Checks

Delete Checks

Create a Bank Deposit Entry

Void Checks

Create a Check Refund that Prints Out a Check

Use Bank Remittances

Cancel Payment

Reconcile a Bank Account

Chapter 15: Bank Management Report and Inquiries
Lessons

Inquiries

Reports

Chapter 16: Financial Statements
Lessons

Create a Dimension Focus

Create a Row Definition

Design the Structure of Row Definitions

Create a Column Definition

Print a Financial Statement

Create and Print a Dimension Statement

Display Balance by Dimension

For more Information about the course outline
and contents please CLICK HERE [3]

Prerequisites:

Before attending this course, students must have:

Basic knowledge of accounting principles.

An understanding on how to navigate within Microsoft Dynamics AX.

Benefits:

After completing this course, students will be able to:

Create and set up the Chart of Accounts, General Ledger, Accounts Payable, Accounts Receivable and Bank modules, and Financial Statements in Microsoft Dynamics AX.

Set up Sales Tax.

Understand the General Ledger, Accounts Payable, Accounts Receivable, and Bank Management daily procedures.

Enter transactions in journals - including invoices and payments.

Access inquiries and reports to get information needed.

Audience:

This course is intended for individuals who are on the implementation team, administering or using the financial management modules in Microsoft Dynamics AX. This audience typically includes individuals who are tasked with assessing a customers business needs and advising them on the use, configuration and customization of the application. Additionally, individuals responsible for training or supporting Microsoft Dynamics AX benefit from this course.

Materials Available:

Yes

Duration:

24 hours

Microsoft Dynamics AX 4.0 Financials I (8629)

Business Analysis (BA)

Six Sigma

Project Management (PMP®)

ITIL®

Quality Assurance (QA)