Finance in Microsoft Dynamics NAV 5.0 (8914)
The three-day Finance in Microsoft Dynamics NAV 5.0 course explores the activities required to handle key financial functions within the organization such as the Cash Management, Budgets, the management of Sales Tax, Journal development and transactions, the General Ledger, and Receivables and Payables Management.
Chapter 1: Financial Management Setup
Lessons
General Ledger Setup
Accounting Periods
Trail Codes, including Source Codes and Reason Codes
Chapter 2: General Ledger
Lessons
Chart of Accounts
Chart of Accounts Card
General Ledger Budgets
Demonstration: Create a Budget
Chapter 3: General Journals
Lessons
Journal Overview
Journal Templates
Journal Batches
Journal Lines
Chapter 4: Cash Management
Lessons
Bank Account Card Overview
Create a Bank Account
Entering and Posting Receivables Payments
Demonstration: Enter a Cash Receipt Payment
Entering and Posting Payables Checks
Chapter 5: Receivables Management
Lessons
Customer Card and Receivables
Cash Receipt Journals Overview
Applying Cash Receipt Payments
Demonstration:Applying Entries After Posting
Chapter 6: Payables Management
Lessons
Vendor Card and Payables
Payment Journal Overview
Apply Vendor Entries Window Overview
Post Manual Payables Checks
Chapter 7: Prepayments
Lessons
Prepayments Set-up Overview
Set up Prepayment General Ledger Accounts
Set up Number Series for Prepayment Documents
Set up Prepayment Percentages for Customers and Vendors
Chapter 8: Sales Tax
Lessons
Sales Tax Setup
Sales Tax Groups
Sales Tax Jurisdictions
Sales Tax Areas
Chapter 9: Multicurrency
Lessons
Currency Card and Currency Exchange Rates
Demonstration:Setting Payment Tolerance
Set Up Multicurrency for Customers, Vendors, and Bank Accounts
Process Sales and Purchase Documents
Chapter 10: Year End Closing Processes
Lessons
Closing a Fiscal Year
Demonstration:Prior-Year Entry Confirmation
Transferring Income Statement Account Balances
Demonstration:Run the Close Income Statement Batch Job
Demonstration:Review Entries and Post the General Journal
Introduction to Microsoft Dynamics NAV 5.0
General knowledge of Microsoft Windows
Basic knowledge of accounting principles and procedures
This course is intended for individuals on the implementation team, administrating or using the financial management functions in Microsoft Dynamics NAV 5.0. This audience typically includes individuals who are tasked with assessing a customer's business needs and advising them on the use, configuration, and customization of the application.
It is also designed for customers wishing to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Finance in Microsoft Dynamics NAV 5.0 activities.
Additionally, individuals responsible for training or supporting Microsoft Dynamics NAV 5.0 benefit from the course.
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