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:
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Maintain and work with the General Ledger |
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Process a bank reconciliation |
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Use Journals and Batches |
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Understand Receivables Management |
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Understand Payables Management |
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Setup and work with Multicurrency |
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Perform standard end of year financial closing operations |
Prerequisites
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Introduction to Microsoft Dynamics NAV 5.0 |
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General knowledge of Microsoft Windows |
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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
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Structure of the Finance in Microsoft Dynamics NAV 5.0 course |
The goal of this chapter is to enable students to:
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Understand the purpose of the Finance in Microsoft Dynamics NAV 5.0 course. |
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Understand class guidelines and details. |
Chapter 1: Financial Management Setup
Lessons
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General Ledger Setup |
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Accounting Periods |
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Trail Codes, including Source Codes and Reason Codes |
Lab
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Lab – Create a Fiscal Year |
The goal of this chapter is to enable students to:
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Understand the General Ledger Setup card. |
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Understand and work with accounting periods. |
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Navigate the audit trail. |
Chapter 2: General Ledger
Lessons
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Chart of Accounts |
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Chart of Accounts Card |
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General Ledger Budgets |
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Demonstration: Create a Budget |
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Demonstration: Copying Budget Entries |
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Demonstration: Export and Import a Budget |
Labs
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Lab – Create a Revenue Account |
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Lab – Create a VAT Account |
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Lab – Create a Budget |
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Lab – Create a Budget Based on a Period Amount |
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Lab – Copy a Budget |
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Lab – Create a Budget from History |
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Lab – Export and Import a Budget |
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Lab – Copy and Assign GIFI Codes |
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Lab – Report and Export by GIFI Code |
The goal of this chapter is to enable students to:
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Understand and maintain the chart of accounts. |
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Understand the General Ledger Setup card. |
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Set up and work with budgets. |
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Copy and export budgets. |
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Set up GIFI codes. |
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Report account balances by GIFI code. |
Chapter 3: General Journals
Lessons
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Journal Overview |
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Journal Templates |
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Journal Batches |