Managed Business & IT Training Solutions

MBIT Training Ltd

Finance Essentials in Microsoft Dynamics NAV 2015 (80658)

This Digital Learning course provides students with the tools to set up the financial management application area. The focus is on the key financial functions within the organization such as the Cash Management, the management of VAT, Journal development and transactions, the General Ledger, and Receivables and Payables Management.
SKU: 80658
GTIN: 80658
Manufacturer: Microsoft
£500.00 (GBP)

This Digital Learning course provides students with the tools to set up the financial management application area. The focus is on the key financial functions within the organization such as the Cash Management, the management of VAT, Journal development and transactions, the General Ledger, and Receivables and Payables Management.

Learning Objectives

  • Setup General Ledger;
  • Define Accounting Periods;
  • Setup Chart of Accounts;
  • Create and post journal entries;
  • Review recurring journals;
  • Create a bank account;
  • Apply payments;
  • Describe debit collections;
  • Define check management;
  • Reconcile payments;
  • Process payments to include discounts;
  • Set up and assign reminder terms;
  • Set up and assign finance charge terms;
  • Calculate VAT;
  • Define VAT calculation types;
  • Setup prepayments;
  • Close fiscal year;
  • Transfer statement account balances

Prerequisites

Before viewing this training, individuals must have;

  • General knowledge of Microsoft Windows.;
  • General accounting knowledge