Microsoft Dynamics AX 4.0 Trade & Logistics Series II

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Vendor: 
Microsoft
Subject: 
ERP
Overview: 

The two-day Microsoft Dynamics AX 4.0 Trade & Logistics, Series 2, course introduces advanced Trade & Logistics functionality in Dynamics AX 4.0, Series 2 builds on information taught in Series 1 that serves as an introduction to Microsoft Dynamics AX 4.0 Trade & Logistics functionality. Series 2 covers Item Registration, Item Reservations and Marking, Item Returns, Customer and Vendor Trade Agreements, Inventory Closing, Inventory Journals, Transfer Orders and Commissions.

Course Contents: 

Chapter 1: Item Registration

Lessons

  • Item Registration Setup
  • Automatic and Manual Registration of a Pick
  • Item Registration of Serialized and Batch Inventory
  • Editing, Reversing and Split Picks
  • Release Sales Order Picking

    Chapter 2: Item Reservations and Marking
    Lessons

  • Reservations, Dimensions and Transactions
  • Reservation Parameters
  • Manual Reservations
  • Automatic Reservations
  • Explosion Reservations
  • View Reservations
  • Lock Reservations
  • Cancel Reservations
  • Batch Reservation
  • Picking Reserved items
  • Marking

    Chapter 3: Item Returns

    Lessons

  • Vendor Returns
  • Vendor Returns with Serialized Items
  • Customer Returns
  • Customer Serialized Returns

    Chapter 4: Customer and Vendor Trade Agreements
    Lessons

  • Set Up Trade Agreements
  • Activate Trade Agreements
  • Trade Agreement Parameters
  • Make adjustments to Agreements
  • Supplementary Items

    Chapter 5: Inventory Closing
    Lessons

  • The Fundamental Costing Issue
  • Standard Cost Price
  • Estimated Inventory Values before Closing
  • Packing Slip Updates and Inventory value
  • Inventory Models Used for Closing
  • The Dimension Group Parameter Financial inventory and Inventory Closing
  • Pre-closing Actions
  • Closing Inventory
  • Inventory Recalculation
  • Manual Inventory Adjustments
  • Inventory Costing and Adjusting Reports

    Chapter 6: Inventory Journals
    Lessons

  • Inventory Journals General Setup
  • Journal Names
  • Dimensions and More
  • Posting
  • Profit/Loss and Movement Journals
  • Transfer Journals
  • Bills of Material Journals
  • Counting Journals Setup
  • Warehouse Items
  • Counting Groups
  • Creating and Processing a Counting Journal
  • Tag Counting Journals

    Chapter 7: Transfer Orders
    Lessons

  • Setup for Transfer orders.
  • Using the Transfer orders form.
  • Picking Items for a Transfer Order
  • Shipping and Receiving a Transfer Order

    Chapter 8: Commissions
    Lessons

  • Commission Setup
  • Commission Posting
  • Commission Customer Group and Commission Item Group
  • Commission Sales Group
  • Commission Calculation
  • Viewing Commission Transactions
  • Commission Transactions for Item Returns
    • Prerequisites: 

    Before attending this course, students must have:

  • General knowledge of Microsoft( Windows(
  • The ability to use Microsoft Dynamics AX 4.0 for basic processing
  • Completed Microsoft Dynamics AX 4.0 Trade & Logistics, Series 1

    In addition, it is recommended, but not required, that students have completed:

  • Knowledge of trade and logistics
  • Knowledge of inventory management concepts
    • Benefits: 

    After completing this course, students will be able to:

  • Understand the role of item registration during the pick process
  • Register serialized and batch inventory
  • Reverse and split a pick
  • Edit Item dimensions during picking
  • Manually reserve inventory
  • Set up automatic and explosion inventory reservation
  • Query, cancel, or change a reservation
  • Use the Marking functionality to link item issues to receipts
  • Create Vendor returns
  • Create Return actions
  • Create Customer credit notes
  • Set up, activate, and modify Customer and Vendor trade agreements
  • Understand Customer and Vendor Price/Discount groups
  • Set up and use Supplementary items
  • Understand the issues involved in inventory costing
  • Identify different inventory models and the effects these have on inventory valuation
  • Close inventory and perform inventory recalculations
  • Perform manual adjustments to transactions and on hand
  • Use inventory costing and adjustment reports
  • Understand the use of journals to make inventory adjustments
  • Understand how to use the Counting journal to support and adjust physical inventory counts
  • Use Tag Counting to count physical inventory
  • Create a transfer order
  • Use Release Transfer Order Picking to pick inventory for transfer orders
  • Ship and receive transfer orders
  • Set up sale commission based on percentage of revenue or contribution margin
  • Understand and view commission transactions created during Invoice updating a Sales order
    • Audience: 

    This course is for customers wishing to learn more advanced features and functions offered in Microsoft Dynamics AX 4.0 Trade & Logistics. This course is intended to follow Microsoft Dynamics AX 4.0 Trade & Logistics, Series 1.

    The class is targeted toward sales and purchase managers, salespeople, purchasers, and others in an organization who are responsible for the setup and administration of trade and logistics, and inventory management functionality.

    Materials Available: 
    Yes
    Duration: 
    16 hours
    For more information on Microsoft Dynamics AX 4.0 Trade & Logistics Series II please feel free to contact us online or call us at 416-513-1535.