Financials II in Microsoft Dynamics AX 2012 R3 (80652)

This Digital Learning course explores topics such as the setup and usage of budgeting, cash flow management, multicurrency, intercompany, and consolidated accounting. Additionally, individuals learn about the multiple advanced payment options, how to produce customer account statements, collection letters, complete year-end close functionality, and produce financial statements. This training is an extension of the Financials I training.
Manufacturer: Microsoft
SKU: 80652
£800.00 (GBP)

Delivery: Blended learning
OR On-site (Private delivery)
Minimum number of delegates: 1:1
Maximum class size: 20
Delivery date: (as requested by customer)
Offers: contact for details however 20% consecutive discount on all group bookings.
Next availability: Immediate
Applicable for: Application Developer, Data Analyst, Programmer
Offers: contact for details

This Digital Learning course explores topics such as the setup and usage of budgeting, cash flow management, multicurrency, intercompany, and consolidated accounting. Additionally, individuals learn about the multiple advanced payment options, how to produce customer account statements, collection letters, complete year-end close functionality, and produce financial statements. This training is an extension of the Financials I training.

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?

  • Budgeting - Three chapters will be dedicated to the setup of basic budgeting, budget controls and the use of budget planning.
  • We will review commitment accounting and the use of encumbrances.
  • In AX the Cash flow management module, we will review the setup and steps for preparing cash flow documents. This tool allows the management to predict a company’s future cash needs.
  • We will review how by using the Multicurrency function a company can meet the accounting requirements in different countries.
  • In the Advance Payment Module we will discuss the setup and use of bridging accounts, electronic payments for customer and vendors, prepayments, the use of Bill of Exchanges, ledger accrual set up, Pre notes and direct debit mandates
  • The intercompany and consolidation modules will explain the use of these transactions for companies with multiple legal entities.
  • The Collections management module will provide an understanding and ability to set up and use the collections management in the collections of past due customer accounts.
  • The financial workflows module will show how they can provide control and visibility and the processes necessary for a successful year end closing.
  • We will round this up with Year-End processes and the functionality and use of Management Reporter, a powerful and customizable reporting tool.

WHAT ARE THE PREREQUISITES TO CONSUME THIS COURSE?

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