Finance in Microsoft Dynamics NAV 5.0 (North America)

Code: 8914
Course duration: 3 days

8914-Finance in Microsoft Dynamics NAV 5.0 (North America)

Course 8914: Three Days; Instructor-led

Introduction

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.

Audience

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.

At Course Completion

The goal of this course is to enable students to identify, describe, and use basic Microsoft Dynamics NAV features:

Maintain and work with the General Ledger

Process a bank reconciliation

Use Journals and Batches

Understand Receivables Management

Understand Payables Management

Setup and work with Multicurrency

Perform standard end of year financial closing operations

Prerequisites

Introduction to Microsoft Dynamics NAV 5.0

General knowledge of Microsoft Windows

Basic knowledge of accounting principles and procedures

Microsoft Certified Professional Exams

No Microsoft Certified Professional exams are associated with this course currently.

Course Materials

The student kit includes a comprehensive workbook and other necessary materials for this class.

Introduction

Course Outline

Lesson

Structure of the Finance in Microsoft Dynamics NAV 5.0 course

The goal of this chapter is to enable students to:

Understand the purpose of the Finance in Microsoft Dynamics NAV 5.0 course.

Understand class guidelines and details.

Chapter 1: Financial Management Setup

Lessons

General Ledger Setup

Accounting Periods

Trail Codes, including Source Codes and Reason Codes

Lab

Lab – Create a Fiscal Year

The goal of this chapter is to enable students to:

Understand the General Ledger Setup card.

Understand and work with accounting periods.

Navigate the audit trail.

Chapter 2: General Ledger

Lessons

Chart of Accounts

Chart of Accounts Card

General Ledger Budgets

Demonstration: Create a Budget

Demonstration: Copying Budget Entries

Demonstration: Export and Import a Budget

Labs

Lab – Create a Revenue Account

Lab – Create a VAT Account

Lab – Create a Budget

Lab – Create a Budget Based on a Period Amount

Lab – Copy a Budget

Lab – Create a Budget from History

Lab – Export and Import a Budget

Lab – Copy and Assign GIFI Codes

Lab – Report and Export by GIFI Code

The goal of this chapter is to enable students to:

Understand and maintain the chart of accounts.

Understand the General Ledger Setup card.

Set up and work with budgets.

Copy and export budgets.

Set up GIFI codes.

Report account balances by GIFI code.

Chapter 3: General Journals

Lessons

Journal Overview

Journal Templates

Journal Batches

Guaranteed to Run

2018-03-20 09:00 to 2018-03-23 17:00
Palm Beach County Florida (Instructor-Led)
2018-03-19 09:00 to 2018-03-23 17:00
Secaucus, New Jersey (Virtual Instructor-Led)
2018-03-01 09:00 to 2018-03-02 17:00
Palm Beach County Florida (Instructor-Led)

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