Course Overview
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.
Course Outline
Module 00: Course Introduction
Module 01: Budgeting Overview
Module 02: Budget Planning
Module 03: Budget Register Entries
Module 04: Budget Control
Module 05: Commitment Accounting
Module 06: Cash Flow Management
Module 07: Multicurrency
Module 08: Advanced Payments
Module 09: Intercompany Accounting
Module 10: Consolidations
Module 11: Collections Management
Module 12: Financial Workflows
Module 13: Year-End Close
Module 14: Management Reporter
Course Objectives
The set up of basic budgeting, controls and planning.
Commitment accounting and the use of encumbrances.
Setup and steps for preparing cash flow documents
Using the multicurrency function
Use of bridging accounts and electronic and prepayments
Use of bill of exchanges, ledger accrual and pre notes
Use of intercompany and consolidation transactions
Set up and use of collections management
Use of financial workflows to provide control and visibility
Understanding the processes necessary for year end closing
Understanding the functionality of Management Reporter
Pre-requisites
General knowledge of Microsoft Windows
Completed the Introduction to Microsoft Dynamics AX 2012 course
The ability to use Microsoft Dynamics AX 2012 for basic processing
Basic knowledge of trade and logistics and inventory management concepts