Dynamics AX 2012 Financials (R3) 802871

Dynamics AX 2012 Financials (R3) Boot Camp – 802871

This is a Dynamics AX 2012 Training course we do offer this course, but the new version of this software is known as Dynamics 365 Finance and Operations. If you’re looking for Dynamics 365 Training, you may want to start by

In this accelerated learning environment, this boot camp incorporates selected modules from Financials I in Dynamics AX 2012 R3, Financials II in Dynamics AX 2012 R3, and Fixed Assets in Dynamics AX 2012 R3 for a total of seven days of training in a five day format.

• Financials I in Microsoft Dynamics AX 2012 R3
• Financials II in Microsoft Dynamics AX 2012 R3
• Fixed Assets in Microsoft Dynamics AX 2012 R3

Is this the Right Financials I and II in Microsoft Dynamics AX 2012 R3 Course for you?

Partners, customers, and other end users of the financial modules in Microsoft Dynamics AX 2012.

Course Outline- Financials I in Microsoft Dynamics AX 2012 R3

Module 1: General Ledger Setup

This module explains how to work with the chart of accounts and its multiple dimensions. These dimensions may be used to track profits, cost centers, and other financial information. Allocation rules and methods are also discussed in this course.

Lessons

• Currency and Exchange Rate Setup
• Periods and Fiscal Year Setup
• Date Intervals
• Reason Codes
• Financial Dimensions
• Financial Dimension Sets
• Period Allocations

Module 2: Chart of Accounts Setup

This module discusses the set up of the chart of accounts. Topics include account categories, creating new accounts, defining account information and creating ledgers.

Lessons

• Main Account Categories
• Chart of Accounts
• Main Account;
  • Information
  • Administration Information
  • Setup Information
• Configuring Account Structures
• Advanced Rules
• Ledger Setup
• Accounts for Automatic Transactions
• Inquiries and Reports Related to the Chart of Accounts

Module 3: Journal Setup

This module explains the basic setup procedures for journals, including journal names, controls, and texts.

Lessons

• Journal;
  • Setup
  • Controls
  • Descriptions
• Balance Control Accounts
• General Ledger Parameters

Module 4: General Ledger Daily Procedures

This module focuses on journal management and journal transactions. Review, change and modification of journals are discussed in this course.

Lessons

• General Ledger Journals
• Enter General Ledger Transactions
• Posting Multiple Journals
• Approval Journals
• Gathering Data for an Approval Journal
• Voucher Templates
• Periodic Journals
• General Ledger Transaction Reversal
• Reversing Entries – General Journal
• Inquire and View Reports on Daily Journal Transactions

Module 5: Sales Tax Setup

This module introduces the functionality available for handling sales tax in Microsoft Dynamics AX. Information regarding tax calculations options, posting and reporting can be handled is discussed along with how to enter sales tax transactions.

Lessons

• Sales Tax Overview
• Ledger Posting Groups
• Item Sales Tax Groups
• Withholding Sales Tax
• Sales Tax;
  • Authorities
  • Settlement Periods
  • Codes
  • Code Intervals
  • Groups
  • Jurisdictions
  • Transactions
  • Exemption

Module 6: Financial Features

This module focuses on features that are used across the various financial modules of Microsoft Dynamics AX. Topics include financial reason codes and the fill utility.

Lessons

• Financial Reason Codes
• Fill Utility

Module 7: Cash and Bank Management Setup

This module introduces the concepts and methods used to create and maintain bank accounts. Topics include setting up bank accounts, bank transactions types, transaction groups, bank parameters and payment purpose codes.

Lessons

• Bank Transaction Types
• Bank Transaction Groups
• Cash and Bank Management Parameters
• Payment Purpose Codes
• Bank Groups
• Bank Accounts
• Check Layout

Module 8: Cash and Bank Management Daily Procedures

This module focuses on the available processes to manage bank transactions including creating checks, deleting checks, voiding checks, creating a bank deposit entry, reverse a check payment, bank remittances, refund checks and bank statement reconciliation.

Lessons

• Create Checks
• Delete a Check
• Deposit Slips
• Void Unposted Checks
• Refund Checks
• Bank Remittance
• Payment Reversal
• Reconcile a Bank Account

Module 9: Accounts Payable Setup

This module describes the different Accounts Payable setup options. It discusses setup procedures and defaults including topics such as payment options, vendor setup and posting profiles.

Lessons

• Payment Schedule
• Terms of Payment
• Payment Days
• Cash Discounts
• Payment Fee
• Methods of Payment
• Vendor Groups
• Accounts Payable Posting Profiles
• Accounts Payable Vendors

Module 10: Accounts Payable Daily Procedures

This module discusses the various invoice journals in the Accounts Payable module. It describes what to use each invoice journal for, and how to enter transactions in each journal.

Lessons

• Invoice;
  • Journals in Accounts Payable
  • Register
  • Approval Journal
• Vendor Invoice Pool Excluding Posting Details
• Invoice Journal
• Voucher Template
• Payment Journals
• Prepayments
• Invoice Matching
• Charges to Purchase Order Invoices
• Edit Open Transactions
• Reverse a Closed Transaction
• Print Management

Module 11: Accounts Receivable Setup

This module introduces the setup procedures and defaults used in the Accounts Receivable module. Topics discussed include creating payment schedules, terms of payment, payment days, payment fees, and methods of payment. Setting up customers, customer groups and posting profiles are also discussed.

Lessons

• Payment Schedule
• Terms of Payment
• Payment Days
• Cash Discounts
• Payment Fee
• Methods of Payment
• Customer Groups
• Accounts Receivable Posting Profiles
• Accounts Receivable Customers

Module 12: Accounts Receivable Daily Procedures

This module discusses the free text invoice and payment journal and various other Accounts Receivable transactions that you use on a day to day basis in Accounts Receivable.

Lessons

• Free Text Invoice – Description and Usage
• Payment Journals
• Edit Open Transactions
• Placing an Accounts Receivable Transaction on Hold
• Reverse Settlements
• Reimburse a Customer
• Reason Codes
• Print Management

Course Outline- Financials II in Microsoft Dynamics AX 2012 R3

Module 1: Budgeting

This module discusses the concepts of budgeting, how to set up basic budgeting and budget controls including budgeting rules and attributes.

Lessons

• Budgeting Overview
• Basic Budgeting Setup
• Budget Control
• Configuring Budget Control

Module 2: Use and Manage Budgets

This module examines how to view the status and history of a budget. The process for using budget control on source documents and accounting journals is also discussed.

Lessons

• Budget Amounts
• Using Budget Control
• Budget Reporting and Inquiries
• Budget Transaction Web Services
• Integrated Budgeting
• Transfer Budgets To and From General Ledger

Module 3: Commitment Accounting

This module discusses the process of defining an encumbrance and creating a purchase order encumbrance. It also discusses the entry and analysis of an encumbrance transaction and the processing of year-end commitments.

Lessons

• Defining Purchase Order Encumbrances
• Setting Up Encumbrances
• Purchase Order Encumbrance Transactions
• Encumbrance Year-End Process

Module 4: Cash Flow Management

This module discusses the relationship of cash flows to modules in Microsoft Dynamics AX. It discusses how to set up cash flow forecasting and define a cash flow forecast budget model. It also demonstrates how to create and calculate cash flow transactions.

Lessons

• Relationship of Cash Flow to Other Modules
• Set Up Cash Flow Forecasting
• Define a Cash Flow Forecast Budget Model
• Create Cash Flow Transactions
• Calculate Cash Flow Transactions

Module 5: Multicurrency

This module discusses the setup required for foreign currency revaluation. It also discusses how to run revaluation in different modules in Microsoft Dynamics AX.

Lessons

• Setup
• Foreign Currency Revaluation
• Accounts Receivable and Accounts Payable Exchange Rate Adjustments

Module 6: Advanced Payments

This module describes the processing and setup of advanced customer and vendor payments in Microsoft Dynamics AX including bridging accounts, electronic payments, centralized payments, bills of exchange and prepayments.

Lessons

• Bridging Accounts
• Electronic Vendor Payments
• Electronic Customer Payments
• Centralized Payments
• Prepayments (Deposits)
• Bill of Exchange Administration
• Ledger Accrual

Module 7: Intercompany Accounting

This module introduces the concepts of intercompany accounting. Topics discussed in this course include the review and posting of intercompany transactions, the setup of for intercompany accounting, and how to trace an intercompany transaction.

Lessons

• Post Intercompany Transactions
• Intercompany Posting Setup
• Post an Intercompany Transaction
• Trace an Intercompany Entry

Module 8: Consolidations

This module discusses the capabilities of Microsoft Dynamics AX to consolidate subsidiary companies into a single consolidated company. Topics that are covered include how to set up a subsidiary company, setup of a consolidated company and how to perform a consolidation.

Lessons

• Set Up a Consolidation Company
• Set Up a Subsidiary Company
• Perform a Consolidation
• Consolidations Inquiry
• View and Delete Consolidation Transactions
• Intercompany Eliminations

Module 9: Collections Management

This module describes how to set up and process customer statements, collection letters and interest notes to help in the collection process.

Lessons

• Customer Account Statement
• Set Up Collection Letters
• Process Collection Letters
• Set Up Interest Codes
• Calculate Interest
• Managing Collections and Collection Agents
• View and Manage Collections Information
• Advanced Collections Management Tasks

Module 10: Financials Workflows

This module describes how to set up one or more workflow configurations, select a configuration and activate workflow.

Lessons

• Workflow;
  • Types
  • Configurations
  • Approvals
• General Ledger Workflow
• Accounts Payable Workflow
• Accounts Receivable Workflow
• Managing Workflows

Module 11: Year-End Close

This module discusses the year-end processes necessary in Microsoft Dynamics AX. Topics covered in this course include creating a new fiscal year, how to hold or close a period, create a closing sheet and setting up fiscal year parameters.

Lessons

• Create a New Fiscal Year
• Control Transactions in a Closing Period
• Create and Post a Closing Sheet
• Transfer Opening Balances

Module 12: Financial Statements

This module discusses the steps and processes to create a financial statement in Microsoft Dynamics AX. Topics covered include creating row and column definitions, creating and printing financial statements, and creating and printing dimension statements.

Lessons

• Financial Statement;
  • Setup
  • Row Definition
  • Column Definition
• Print a Financial Statement
• Create a Balance Sheet
• Dimension Reports
• XBRL Taxonomy

Course Outline- Fixed Assets in Microsoft Dynamics AX 2012 R3

Module 1: Introduction

This module provides an overview of fixed assets and its integration with other modules.

Lessons

• Fixed Assets Overview
• Structure
• Integration with Other Modules

Module 2: Setup Procedures

This module focuses on the setup procedures that are required for the Fixed assets module.

Lessons

• System Setup for Fixed Assets
• Fixed Assets Module Setup
• Parameters
• Depreciation Methods, Conventions and Books Overview
• Extended Functionality Features – Provision Types and Bonus Depreciation
• Mass Update Depreciation Conventions for a Depreciation Book

Module 3: Setup of Assets

This module focuses on the setup of assets.

Lessons

• Fixed Assets Form
• Set Up Assets
• Lend Assets
• Assign Bar Codes to Assets
• Asset Budgeting
• Project Module Integration to Fixed AssetsLab: Set Up a Fixed Asset

Module 4: Asset Transactions

This module focuses on the different fixed asset Transaction Types, and detailed methods for recording those transactions.

Lessons

• Scenario
• Typical Fixed Asset Transaction Types
• Record Acquisitions
• Create and Acquire Fixed Assets from Purchasing
• Record Depreciation, Value Adjustments and Disposals
• Transaction Reversals
• Replacement Cost and Insured Value Update
• Copy Fixed Assets and Change Fixed Asset Groups
• Fixed Asset AdditionsLab: Acquiring an Asset Using the Fixed Assets Journal

Module 5: Inquiries and Reports

This module focuses on how to run inquiries and reports in Microsoft Dynamics AX 2012.

Lessons

• Inquiries
• Reports