Course Overview
This Digital Learning course covers the use of consolidation processes in Microsoft Dynamics NAV 2013 R2 to bring the financial statements of two or more separate companies (Business Units) into a consolidated financial statement. This course also covers the intercompany (IC) posting feature aimed at companies, which control more than one legal business entity.
Course Outline
Module 00: Introduction
Module 01: Consolidation
Module 02: Intercompany
Course Objectives
Set up the consolidated company and business units.
Learn about the consolidation processes such as exporting and testing data.
Demonstrate the different types of report to help companies determine the total financial situation for the group.
Explain how to perform consolidation by using dimensions.
Show how to eliminate the entries involving intercompany transactions.
Describe how to analyze consolidations.
Describe how to simplify the process of doing business with subsidiary and internal partner organizations.
Explain how to eliminate the need of manual process when dealing with intercompany transactions.
Teach the steps to enter intercompany posting transactions.
Describe how to map between companies, chart of accounts and dimensions to facilitate the creation of transactions.
Show how to set up an intercompany partner.
Describe the setup of intercompany transactions using the same customer and vendor setup.
Teach how to set up the chart of accounts for intercompany transactions.
Describe how to set up intercompany dimensions for each company.
Show intercompany Inbox and intercompany Outbox to overview the origins of the intercompany documents.
Show how to review the status and origin of all handled intercompany transactions.
Teach how to return or cancel intercompany documents.
Describe how to post intercompany transactions by using the intercompany General Journal.
Pre-requisites
Learners taking this course must have knowledge of general accounting principles.
It is recommended that the learners complete the following e-learning courses:
Introduction in Microsoft Dynamics NAV 2013 R2
Finance Essentials in Microsoft Dynamics NAV 2013