80723 - Finance Essentials in Microsoft Dynamics NAV 2016
Description
This course provides students with the tools to set up the financial management application area. The focus is on the key financial functions within the organization such as the Cash Management, the management of VAT, Journal development and transactions, the General Ledger, and Receivables and Payables Management.
Contents
Module 1: Financial Management Setup.
Module 1 Key Take Away.
Module Practice.
Practice Module 1: Create a New Fiscal Year.
Test Your Knowledge Module 1.
Test Your Knowledge Answers.
Module 1.
Module 2: Chart of Accounts.
Module 2 Key Take Away.
Module Practice.
Practice Module 2: Create a Revenue Account.
Test Your Knowledge Module 2.
Test Your Knowledge Answers.
Module 2.
Module 3: General Journals
Module 3 Key Take Away.
Module Practice.
Practice Module 3. Practice A: Create and Post a Journal Entry.
Practice Module 3. Practice B: Create and Post Recurring Journal
Practice Module 3. Practice C: Create a Deferral Template and use it in a General Journal
Test Your Knowledge Module 3.
Test Your Knowledge Answers.
Module 3.
Module 4: Cash Management - Receivables and Payables.
Module 4 Key Take Away.
Module Practice.
Practice Module 4. Scenario A: Create a Bank Account.
Practice Module 4. Scenario B: Enter and Post Manual Checks.
Practice Module 4. Scenario C: Use the Payment Registration to Post Lump Payments.
Practice Module 4. Scenario D: Suggest Vendor Payments for a Single Vendor.
Demonstration Module 4. Scenario 1: Financially Avoiding a Check.
Demonstration Module 4. Scenario 2: Void a Check.
Test Your Knowledge Module 4.
Test Your Knowledge Answers.
Module 4.
Module 5: Cash Management - Bank Reconciliation.
Module 5 Key Take Away.
Test Your Knowledge Module 5.
Test Your Knowledge Answers.
Module 5.
Module 6: Receivables and Payables Management: Payment Discount and Payment Tolerance.
Module 6 Key Take Away.
Module Practice.
Practice Module 6. Scenario A: Posting Partial Customer Payments with Payment Discounts in the Cash Receipt Journal
Practice Module 6. Scenario B: Add Discounts after Posting Sales Transactions.
Practice Module 6. Scenario C: Process a Customer Payment Tolerance.
Practice Module 6. Scenario D: Adjust the Vendor Payment Discount Amount.
Test Your Knowledge Module 6.
Test Your Knowledge Answers.
Module 6.
Module 7: Receivables Management: Reminders and Finance Charge Memos.
Module Practice.
Practice Module 7. Scenario A: Set Up and Assign a Reminder Term...
Practice Module 7. Scenario B: Create and Issue Reminders (Lab 7.2).
Practice Module 7. Scenario C: Set Up and Assign a Finance Charge Term...
Test Your Knowledge Module 7.
Test Your Knowledge Answers.
Module 7.
Module 8: VAT.
Module Practice.
Practice Module 8. Scenario A: Set Up and Post Import VAT.
Practice Module 8. Scenario B: Adjust a VAT Amount in a General Journal
Test Your Knowledge Module 8.
Test Your Knowledge Answers.
Module 8.
Module 9: Prepayments.
Module 9 Key Take Away.
Module Practice.
Practice Module 9. Scenario A: Prepayment Defaults for a Vendor-Item Combination..
Practice Module 9. Scenario B: Prepayment Sales Order Process.
Test Your Knowledge Module 9.
Test Your Knowledge Answers.
Module 9.
Module 10: Year End Closing Processes.
Module 10 Key Take Away.
Module Practice.
Practice Module 10: Post an Entry into a Closed Fiscal Year.
Test Your Knowledge Module 10.
Test Your Knowledge Answers.
Module 10.