Managed Business & IT Training Solutions

MBIT Training Ltd

Advanced Project Accounting in Microsoft Dynamics AX (80793)

This course provides information on configuring and processing advanced time and material projects, internal projects, fixed projects, and investment projects.
SKU: 80793
GTIN: 80793
Manufacturer: Microsoft
£500.00 (GBP)

This course provides information on configuring and processing advanced time and material projects, internal projects, fixed projects, and investment projects.

Format: Blended learning for on-site, private delivery. A combination of e-learning with trainer input from a Microsoft Certified Trainer.

WHAT ARE THE GOALS FOR THIS COURSE?

  • Configure Time and Material Projects to post costs to WIP accounts
  • Run a Time and Material project with WIP
  • Understand the accounting life cycle of a time and material project
  • Configure Time and Material Projects to accrue revenue
  • Run a Time and Material Project with WIP
  • Use the Post Cost Routine to reclassify costs
  • Use the Accrue Revenue routine to reclassify revenue
  • Configure an Investment Project to post costs to WIP
  • Run an Investment Project
  • Understand the accounting Life Cycle for investment projects
  • Understand concepts of fixed-priced projects
  • Run multiple types of advanced fixed-price projects
  • Describe the completed contract method
  • Describe the completed percentage principle
  • Describe how advanced fixed-price projects are run using the estimate system
  • Set up cost templates
  • Understand cost to complete methods
  • Configure estimate projects
  • Use the estimate system
  • Recognize revenue in a straight-line fashion
  • Recognize revenue use the Work breakdown structure
  • Use batch jobs to create estimates
  • Understand Investment Project Concepts
  • Run an Investment Project
  • Eliminate an Investment Project to a Fixed Asset
  • Configure an Investment Project
Related products