80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated

80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course Description

Intended Audience for the 80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course

• This course is intended for individuals who are on the implementation team, administering or using the financial management modules in Microsoft Dynamics AX 2009. This audience typically includes individuals who are tasked with assessing a customers business needs and advising them on the use, configuration and customization of the application. Additionally, individuals responsible for training or supporting Microsoft Dynamics AX benefit from this course.

Training Packages & Career Tracks that include the 80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course

• Microsoft Dynamics AX 2009 - Financials and Trade and Logistics - Accelerated

80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course Objectives

• Create and set up the Chart of Accounts, General Ledger, Accounts Payable, Accounts Receivable and Bank modules, and Financial Statements in Microsoft Dynamics AX.
• Set up Sales Tax.
• Understand the General Ledger, Accounts Payable, Accounts Receivable, and Bank Management daily procedures.
• Enter transactions in journals - including invoices and payments.
• Access inquiries and reports to get information needed.
• Understand how to set up and maintain budgets within Microsoft Dynamics AX.
• Understand the cash flow functionality in Microsoft Dynamics AX.
• Setup multicurrency and know how to create multicurrency transactions.
• Understand the steps involved in using the Advanced Payments functionality within Microsoft Dynamics AX.
• Understand how to set Intercompany accounting and create transactions in more than one company.
• Understand the setup and steps involved in consolidating companies.
• Understand the steps necessary to set up and process collection letters.
• Understand how to create and use dimensions hierarchies.
• Understand how to import and use XBRL taxonomy for financials statements.
• Understand the processes available for a year end close within Microsoft Dynamics AX.
• Understand the purpose of Fixed Assets.
• Understand the required functionality for Fixed Assets.
• Describe the integration of Fixed Assets with the General Ledger, Accounts Payable, Accounts Receivable, and Inventory Management modules.
• Complete the system setup for Fixed Assets.
• Complete the basic setup requirements for the Fixed Assets module.
• Explore depreciation methods.
• Understand depreciation conventions.
• Explore country specific setup requirements for Fixed Assets.
• Use depreciation books.
• Mass update depreciation conventions for a depreciation book.
• Use the fields and functionality available in the Fixed Asset table.
• Distinguish between financial and non-financial information for assets.
• Set up a fixed asset.
• Demonstrate the use of inquiries in the Fixed Asset table.
• Use asset lending.
• Assign bar codes to assets.
• Use the features of asset budgeting.
• Use asset transaction types.
• Use journals to manually enter fixed asset transactions.
• Use proposals to enter fixed asset transactions.
• View data inquiries in Fixed Assets.
• Create reports in Fixed Assets.

The 80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course prepare students for the following Exams

• MB6-818 : AX 2009 Financials

80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated Course Outline

1. General Ledger Setup
   1. Currency and Exchange Rate Setup
   2. Periods and Fiscal Year Setup
   3. Date Intervals
   4. Reason Codes
   5. Dimensions
   6. Dimension Focus
   7. Generated Allocations
2. Chart of Accounts
   1. Ledger Account Categories
   2. Chart of Accounts
   3. Account Allocation Terms
   4. System Accounts
   5. Inquiries and Reports Related to the Chart of Accounts
3. Journal Setup
   1. Journal Setup
   2. Journal Controls
   3. Journal Texts
   4. Balance Control Accounts
   5. General Ledger Parameters
4. Financial Features
   1. Reason Codes
   2. Fill Utility
5. General Ledger Daily Procedures
   1. Create General Ledger Journals
   2. Enter General Ledger Journal Transactions
   3. Create Journal Batch Processing
   4. Create Approval Journals
   5. Create and Use Voucher Templates
   6. Create and Retrieve Periodic Journals
   7. General Ledger Transaction Reversal
   8. Create and Use General Ledger Reversing Entries
   9. Inquire and Report on Daily Journal Transactions
6. Sales Tax Setup
   1. Sales Tax Overview
   2. Create Ledger Posting Groups
   3. Create Sales Tax Authorities
   4. Create Sales Tax Settlement Periods
   5. Create Sales Tax Codes
   6. Create Sales Tax Codes Intervals
   7. Create a Sales Tax Group
   8. Create Item Sales Tax Groups
   9. Use Sales Tax Jurisdictions
   10. Create Sales Tax Transactions
   11. Create Sales Tax Exempt Data
   12. Calculate and Post Withholding Sales Tax
7. Bank Management Setup
   1. Bank Transaction Types
   2. Bank Transaction Groups
   3. Bank Management Parameters
   4. Payment Purpose Codes
   5. Bank Groups
   6. Bank Accounts
   7. Check Layout
8. Accounts Payable Setup
   1. Payment Schedule
   2. Terms of Payment
   3. Payment Days
   4. Cash Discount
   5. Payment Fee
   6. Methods of Payment
   7. Vendor Groups
   8. Accounts Payable Posting Profiles
   9. Accounts Payable Vendors
9. Accounts Payable Daily Procedures
   1. Invoice Journals in Accounts Payable
   2. Invoice Register
   3. Invoice Approval Journal
   4. Invoice Pool Excluding Posting
   5. Invoice Journal
   6. Voucher Template
   7. Payment Journals
   8. Invoice Matching
   9. Edit Open Transactions
   10. Reverse a Closed Transaction
   11. Print Management
10. Accounts Receivable Setup
    1. Payment Schedule
    2. Terms of Payment
    3. Payment Days
    4. Cash Discount
    5. Payment Fee
    6. Methods of Payment
    7. Customer Groups
    8. Accounts Receivable Posting Profiles
    9. Accounts Receivable Customers
11. Accounts Receivable Daily Procedures
    1. Customer Process Overview
    2. Create a Free Text Invoice
    3. Create a Payment Journal
    4. Edit Open Transactions
    5. Place a Transaction on Hold
    6. Reverse Settlements
    7. Reimburse a Customer
    8. Use Reason Codes in Accounts Receivable
    9. Work with Print Management in Accounts Receivable
12. Bank Management Daily Procedures
    1. Create Checks
    2. Delete a Check
    3. Deposit Slips
    4. Void Unposted Checks
    5. Refund Checks
    6. Bank Remittance
    7. Payment Reversal
    8. Reconcile a Bank Account
13. Budgeting
    1. Create a Budget Model
    2. Period Allocation Keys
    3. Enter Budget Numeric Data
    4. Generate a Ledger Budget Report
    5. Apply Setup Features to the Budget
    6. Simulate Budgets
    7. Edit Budgets
    8. Budget Revisions
    9. View Budget Data and Reports
14. Cash Flow Management
    1. Relationship of Cash Flow to Other Modules
    2. Set Up Cash Flow Forecasting
    3. Define a Cash Flow Forecast Budget Model
    4. Create Cash Flow Transactions
    5. Calculate Cash Flow Transactions
15. Multicurrency
    1. Setup
    2. Exchange Rate Adjustments
    3. Accounts Receivable and Accounts Payable Exchange Rate Adjustments
16. Advanced Payments
    1. Bridging Accounts
    2. Electronic Vendor Payments
    3. Electronic Customer Payments
    4. Centralized Payments
    5. Prepayments (Deposits)
    6. Bill of Exchange Administration
    7. Ledger Accrual
17. Intercompany Accounting
    1. Post Intercompany Transactions
    2. Intercompany Posting Setup Demonstration
    3. Post an Intercompany Transaction Demonstration
    4. Trace an Intercompany Entry Demonstration
18. Consolidations
    1. Set Up a Consolidation Company
    2. Set Up a Subsidiary Company
    3. Perform a Consolidation
    4. Consolidations Inquiry
    5. View and Delete Consolidation Transactions
    6. Intercompany Eliminations
19. Customer Account Statement, Collection Letter, and Interest
    1. Customer Account Statement
    2. Set Up Collection Letters
    3. Process Collection Letters
    4. Set Up Interest Codes
    5. Calculate Interest
20. Dimension Hierarchies
    1. Dimension Sets, Hierarchies, and Rules
    2. Dimension Sets
    3. Dimension Subsets
    4. Dimension Set Hierarchy
    5. Dimension Set Rules
21. XBRL Taxonomy
    1. XBRL Taxonomy
    2. Import XBRL Taxonomy
    3. Create an XBRL File from the Financial Statement
22. Year-End Close
    1. Create a New Fiscal Year
    2. Control Transactions in a Closing Period
    3. Create and Post a Closing Sheet
    4. Transfer Opening Balances
23. Financial Statements
    1. Dimension Focus
    2. Financial Statement Row Definition
    3. Financial Statement Column Definition
    4. Print a Financial Statement
    5. Demonstration: Create a Balance Sheet
    6. Dimension Reports and Inquiries
24. Introduction
    1. Fixed Assets Overview
    2. Functionality That Is Required for Fixed Asset Accounting
    3. Structure and Integration With Other Modules
25. Setup Procedures
    1. System Setup for Fixed Assets
    2. Fixed Assets Module Setup- Depreciation Profiles, Asset Calendars and Depreciation Books
    3. Fixed Assets Module Setup- Value Models, Asset Groups, Disposal and Posting Profiles
    4. Fixed Assets Module Setup- Parameters
    5. Capitalization Threshold- Fixed Assets
    6. Parameters- Purchase Orders Field Group
    7. Reason Codes in Fixed Assets
    8. Depreciation Methods
    9. Depreciation Conventions
    10. Depreciation Books Overview
    11. Extended Functionality Features - Provision Types and Bonus Depreciation
    12. Mass Update Depreciation Conventions for a Depreciation Book
    13. Country and Region Specific Features
26. Setup of Assets
    1. Fixed Asset Form
    2. Setting Up Assets in the Fixed Asset Module
    3. Inquiries In The Fixed Assets Form
    4. Inquiries In The Depreciation Book Form
    5. Lending Assets
    6. Assigning Bar Codes to Assets
    7. Asset Budgeting
    8. Project Module Integration to Fixed Assets
27. Asset Transactions
    1. Typical Fixed Asset Transaction Types
    2. Recording Asset Transactions - Acquisitions
    3. Creating and Acquiring Fixed Assets From Purchase Orders in Accounts Payable
    4. Recording Asset Transactions - Depreciation
    5. Recording Asset Transactions - Value Adjustments
    6. Recording Asset Transactions - Disposals
    7. Other Asset Transactions
    8. Transaction Reversals - Fixed Assets
    9. Replacement Cost and Insured Value Update
    10. Copying Fixed Assets and Changing Fixed Asset Groups
    11. Fixed Asset Additions
28. Inquiries and Reports
    1. Inquiries
    2. Reports

Benefits of taking the 80016+80017+80018: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2009 Accelerated course at NetCom

• Why choose Microsoft Dynamics Training at NetCom Learning?
  As a recognition for training excellence, NetCom Learning was chosen by Microsoft as the 2007 Worldwide Learning Solutions Partner of the year out of 1400 training companies.

  In addition, we have won numerous other training awards for quality and customer satisfaction by CompTIA, EC-Council and other vendors. We are simply passionate about learning and achieving the highest customer satisfaction in your learning experience!

  See the training value proposition below:

  Why Microsoft Dynamics Training at NetCom? NetCom Information Technology is a Microsoft Gold Certified Partner for Learning Solutions (CPLS). CPLS is the premier training channel and delivery mechanism for Microsoft Dynamics training content. On July 11, NetCom was honored by Microsoft as its Learning Solutions Partner of the Year. Selected as the Number One CPLS, from over 1400 worldwide CPLS's, Microsoft recognized our commitment and ability to deliver high-quality learning services using a consultative engagement model. We could not have achieved this coveted status without the help and support of our customers and well wishers - thank you!! Microsoft Certified Partner for Learning Solutions Value Proposition: Microsoft Certified Partner for Learning Solutions Non-authorized Training Center Only MCT (Microsoft Certified Trainers) are authorized to teach the class Non MCT can teach the course Taught using Microsoft Authorized Courseware (MOC), includes free evaluation software and online training Do not have access to official courseware Partners adhere to stringent Microsoft designated lab requirements Computer and lab equipment may not be up to requirements of course Successful candidates are awarded Certificate of Completion directly from Microsoft for most of the courses Not authorized to issue Certificate of Completion Overall, a better quality training experience Substandard training experience

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• Award winning, world-class Instructors

  Ginger M. - Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. - Over 9 years of experience as a Master Certified Trainer. Expert in MS Dynamics GP Financials, Installation, HR/Payroll, Project Accounting, Inventory and Integration Manager. - Project Manager to various MS Dynamics Great Plains implementations. Bio: Ginger holds a Bachelor's Degree in Accounting and a Masters of Business Administration from Rutgers University. Her career started as an Auditor for Deloitte & Touché and over the years she developed her passion for Microsoft Dynamics, implementing Dynamics GP and Project Cost in the Professional Services, Commercial Real Estate and Medical Facilities vertical markets. Ginger's experience with Microsoft Dynamics is unparalleled. As a Certified Master Dynamics trainer, she stays abreast of the latest Dynamics modules and shares experience with a very hands-on training technique at NetCom Learning.

  Ignacio J. - Designs and architects Microsoft IT solutions since the early 1990s. - Hands-on experience in multiple Microsoft Dynamics products including CRM, GP, SL, AX and NAV since 2004. - Taught over 250 courses at NetCom Learning. Bio: Ignacio is a Senior Solutions Architect, Civil Engineer and Certified Expert Trainer. He has been designing and architecting Microsoft IT solutions since the early 1990s, and has extensive experience developing scalable and high performance integration solutions. In 2004, Ignacio expanded into business management and accounting software as well, where he gained hands-on experience in many Microsoft Dynamics products including CRM, GP, SL, AX and NAV. Ignacio holds a library of industry-wide certifications from Microsoft and other leading IT vendors. He has taught over 250 courses at NetCom Learning and is revered by students for his wide-ranging IT expertise.

  Lynn D. - Over 25 years of experience working as Senior Financial Analyst and Senior Auditor. - Professor of Graduate Management and Business School at the University of Phoenix since 2007. - Microsoft Certifications in Financials, Trade & Logistics, Production and Human Resources Management as well as Microsoft Certified Trainer (MCT) since 2009. Bio: Lynn is a very accomplished Senior Financial Analyst and Senior Auditor with over 25 years of experience. She has been a Microsoft Certified Trainer since 2009 and a Professor of Graduate Management and Business School at University of Phoenix since 2007. In addition to several other Microsoft certifications, she is also a specialist in Microsoft Dynamics AX. Lynn has taught several Microsoft Dynamics AX courses at NetCom Learning and is described by her students as very knowledgeable, qualified, and patient with her approach. Her classes are very dynamic and energetic, just as the course per se.

  Ramesh P. Ramesh holds a Masters Degree in Computer Science with specialization in Information Security and is pursuing his Doctoral degree in IT from the University of South Australia (UniSA). He is a one of a kind trainer - he has been working in the IT field since 1995 and is an expert in C#, VB.NET, ASP.NET, Java/J2EE, PL/SQL, VB, ASP, and XML technologies. Ramesh also has extensive experience developing and implementing BizTalk and SharePoint in large corporations, as well as more than 10 years experience working with Oracle and SQL server/Sybase databases. With more than 19 certifications, Ramesh is an IT guru and trainer with worldwide experience, which includes presentations and trainings across US, Asia, and Middle East. He is a full time instructor at NetCom Learning and we couldn't be happier in having him as one of our Subject Matter Experts.

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• Actual Client Testimonials

  May 21 2012 The lecturer is quite personable and is quite helpful with making sure we understand the material we have covered. He is also quite knowledge in the subject area. This training has cleaned up a lot of areas that I have been having issues with in my work environment and I will surely be able to put a lot of it in to practice. -Candice C. Course(s) Taken Microsoft Dynamics GP 2010 - Financials and SQL Reporting - Accelerated (MCTS)

  
  

  May 21 2012 Good course. Good service. Good instructor. -Raman T. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 The instructor did an incredible job of presenting. -Kelly D. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 The class provided the background I will need to build upon upcoming responsibilities. Satisfactory on all counts. -John B. Course(s) Taken Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

  
  

  May 21 2012 Stan is an excellent instructor. He made the course very informative and kept it interesting. Sebastian S. Course(s) Taken Microsoft Dynamics GP 2010 - Installation and Configuration - Accelerated (MCTS)

  
  

  May 21 2012 Classes were awesome! Our teacher, Mr. Smith, was entertaining and kept us motivated. -Lily L. Course(s) Taken Microsoft Dynamics GP 2010 - Financials and SQL Reporting - Accelerated (MCTS)

  
  

  May 07 2012 It was a good experience. It will help me in my new position loading the CRM practices. -Adolfo R. Course(s) Taken Microsoft Dynamics CRM 2011 - Accelerated

  
  

  Mar 12 2012 Ramesh our instructor was amazing. He has been the second amazing instructor through you guys!!! Nice, Knowledgeable and fun. -Kyle P. Course(s) Taken Microsoft Dynamics CRM 2011 - Accelerated

  
  
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