Microsoft Dynamic AX 2012 Public Sector - Financial

80338-Microsoft Dynamic AX 2012 Public Sector - Financial

• Describe the features of Microsoft Dynamics AX 2012 Public Sector.
• Set up the account structures and financial dimensions for the organization.
• Perform financial budget-related activities in the Budgeting module.
• Perform activities related to commitment accounting, transactions, and line amounts in the General ledger module.
• Perform activities related to purchases, invoices, and vendor details in the Procurement and sourcing and Accounts payable modules.
• Perform activities related to payments due in the Accounts receivable module.
• Perform project accounting activities in the Project management and accounting module.
• Describe Role Centers and generate public sector-related reports.
• Microsoft Certification ExamMB6-885 - Microsoft Dynamics AX 2012 Public Sector

• Introduction
• Public Sector Requirements
• Microsoft Dynamics AX 2012 Public Sector Features
• Microsoft Dynamics AX 2012 Public Sector License
• Describe the requirements of the public sector industry.
• Describe features of Microsoft Dynamics AX 2012 Public Sector.
• Verify the Microsoft Dynamics AX 2012 Public Sector license.

• Introduction
• Overview of General Ledger Setup
• Configure Account Structures
• Create Financial Dimensions
• Set Up a Chart of Accounts

• Create a Fund Entity

• Set up an account in the Chart of Accounts
• Set up fiscal calendars and a fiscal year.
• Set up posting definitions.
• Configure account structures.
• Describe financial dimensions.
• Create a financial dimension and a fund entity.
• Plan a Chart of Accounts and set up accounts in the Chart of Accounts.
• Create bank accounts.
• Assign a fund entity to an account.

• Introduction
• Budgeting Overview
• Configure Budget Control
• Create an Original Budget
• Work with Budgets
• Use Budget Control
• Process a Provisional Budget
• Process an Apportionment Budget
• Budget Reporting

• Configure budget control

• Post and reverse a provisional budget

• Post an apportionment budget.
• Describe budgeting terms and budgeting basics.
• Explain budget control and set up budget control parameters.
• Set up over budget permissions and define the budget funds available calculation.
• Select source documents and journals for budget control.
• Assign budget models and define budget control rules.
• Select main accounts for budget control and define budget groups and message levels.
• Activate budget control.
• Enable budget appropriations.
• Create budget register entries and allocate budget amounts across dimension values and periods.
• Revise and transfer a budget.
• View the status and history of budget register entries.
• Describe execution of budget reservations against the budget.
• Perform budget control.
• Post, reverse, and perform budget control on a provisional budget.
• Define an apportionment budget code.
• Create and perform budget control on an apportionment budget.
• Describe the Actual versus budget, Budget funds available, Budget details, Budget control account detail history, and Budget control activity by project reports.
• Describe budgeting terms and budgeting basics.
• Explain budget control and set up budget control parameters.
• Set up over budget permissions and define the budget funds available calculation.
• Select source documents and journals for budget control.
• Assign budget models and define budget control rules.
• Select main accounts for budget control and define budget groups and message levels.
• Activate budget control.
• Enable budget appropriations.
• Create budget register entries and allocate budget amounts across dimension values and periods.
• Revise and transfer a budget.
• View the status and history of budget register entries.
• Describe execution of budget reservations against the budget.
• Perform budget control.
• Post, reverse, and perform budget control on a provisional budget.
• Define an apportionment budget code.
• Create and perform budget control on an apportionment budget.
• Describe the Actual versus budget, Budget funds available, Budget details, Budget control account detail history, and Budget control activity by project reports.

• Introduction
• Distribute Line Amounts across Ledger Accounts
• Advanced Ledger Entries
• Commitment Accounting
• Perform Encumbrance Year-End Processes
• Perform General Ledger Year-End Processes

• Distribute a line amount to one or more ledger accounts

• Create a purchase order from a purchase requisition and review the subledger journal entries

• Process “nominal” and “real” accounts at year end
• Distribute line amounts across ledger accounts.
• Describe the setup of advanced ledger entries.
• Create, preview, and post advanced ledger entries.
• Describe commitment accounting.
• Record general ledger pre-encumbrances for a purchase requisition.
• Record general ledger encumbrances for a purchase order.
• Set up encumbrance year-end processing options.
• Define close and open transaction posting definitions for encumbrance year-end processing.
• Define a default encumbrance year-end process for a specific fund.
• Describe general ledger year-end processes.
• Set a closing type on accounts.
• Define close and open transaction posting definitions for general ledger year-end processing.
• Process "nominal" accounts and ending balances of "real" accounts.

• Introduction
• Manage Purchase Agreements
• Manage Unplanned Purchases
• Purchase Order Year-End Processing
• Invoice a Purchase Agreement without a Release Order
• Track and Report 1099 Information
• Assign a New DUNS+4 Number
• Disburse Invoice Payments to Multiple Vendor Bank Accounts

• Invoice a purchase agreement without creating a release order

• Set up a confirming PO code and its associated message text and create a confirming purchase order

• Set up 1099-S information, pay an invoice with that 1099-S information, and process a 1099-S tax statement.
• Enable information on purchase agreements by classification.
• Set up confirming PO codes and message text.
• Flag a purchase order as confirming.
• Print a purchase order with a special message.
• Run the purchase order year-end process.
• Invoice a purchase agreement without a release order.
• Set up 1099 information for a vendor.
• Pay an invoice with 1099 information.
• Process a 1099 tax statement.
• Assign a DUNS+4 number to multiple vendor bank accounts.
• Disburse an invoice payment to different vendor bank accounts.

• Introduction
• Set Up Billing Codes
• Set Up Billing Classifications
• Process Free Text Invoices by Billing Classification
• Process Recurring Invoices by Billing Classification
• Process Payments by Billing Classification
• Process Dunning Documents by Billing Classification
• Process Settlements in a Pooled Cash Setup
• Add Customer Attributes

• Create a billing code

• Create a free text invoice by using a billing code

• •Set up billing classifications, associate a billing code with a billing classification, and set a classification settlement order

• •Create, post, and print free text invoices according to a billing classification

• •Process recurring invoices by billing classification

• •Enter customer payments and execute settlements of transactions by billing classifications

• •Process a reimbursement by billing classification

• •Generate interest notes and collection letters by billing classification

• Use customer reporting attributes.
• Describe the features of billing codes and create a billing code.
• Create a free text invoice by using a billing code.
• Create a billing classification and associate a billing code with a billing classification.
• Set a classification settlement order.
• Post and print a free text invoice by billing classification.
• Post and print a recurring invoice by billing classification.
• Enter a customer payment by selecting a billing classification.
• Create a payment proposal based on a selected billing classification.
• Generate a reimbursement transaction by billing classification.
• Generate interest notes and collection letters by billing classification.
• Assign a collection letter policy to a billing classification.
• Set up posting definitions for invoice settlements.
• Settle a free text invoice against a payment.
• Settle a transaction write off for a customer.
• Assign a trading partner code, an agency location code (ALC), and a 1099-C indicator.
• Prevent customer duplication by using a Government Identification Number (GIN).

• Introduction
• Perform Project Budget Control
• Manage Grants
• Manage Multiple Funding Sources

• Manage multiple funding sources for a project
• Create a project budget.
• Allocate a project budget across periods.
• Create a project budget revision.
• Create a grant.
• Track the status of a grant.
• Add multiple funding sources to a project.
• Assign a grant to a funding source.
• Allocate expenses to a funding source.
• Set up funding source percentage and priority.
• Invoice costs against funding sources.

• Introduction
• Role Centers
• Generate Accounts Receivable Reports
• Generate Customer Reports
• Generate Payment Approval Report
• Generate Budget Control Reports
• Perform Financial Analysis with Derived Financial Hierarchies

• Generate Accounts receivable reports by billing classification

• Generate a customer report by billing classification

• Generate a budget control report

• Set up derived financial hierarchies
• Describe the Accountant, Accounting Manager, and Controller Role Centers.
• Explain the Accounts Receivable Administrator and Finance Director Role Centers.
• Generate Accounts receivable transaction, invoice, and payment reports.
• Generate a Customer aging, Customer balance list, and Detailed due day list report.
• Set up a cover page for the Payment approval report.
• Generate aBudget control account detail history and Budget control activity by project report.
• Create a category hierarchy.
• Associate a derived financial hierarchy.
• Slice and dice using the derived financial hierarchy dimension