80041: Finance in Microsoft Dynamics NAV 2009

80041: Finance in Microsoft Dynamics NAV 2009 Course Description

Intended Audience for the 80041: Finance in Microsoft Dynamics NAV 2009 Course

• The audience for this course includes individuals on the implementation team that are administrating or using the financial management functions in Microsoft Dynamics NAV 2009. 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 for customers who want to learn the basic features and develop a working knowledge of the typical daily procedures required to effectively use Finance in Microsoft Dynamics NAV 2009.
• Additionally, individuals responsible for training or supporting Microsoft Dynamics NAV 2009 benefit from the course.

Training Packages & Career Tracks that include the 80041: Finance in Microsoft Dynamics NAV 2009 Course

• Microsoft Dynamics NAV - Other

80041: Finance in Microsoft Dynamics NAV 2009 Course Benefits

• 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 Prepayments
• Setup and work with multicurrency.
• Setup and work with VAT and Intrastat
• Perform standard end of year financial closing operations.

80041: Finance in Microsoft Dynamics NAV 2009 Course Outline

1. Module 1: Financial Management Setup
   1. General Ledger Setup
   2. Accounting Periods
   3. Trail Codes
   4. Lab: Create a Fiscal Year
2. Module 2: General Ledger
   1. Lessons
   2. Chart of Accounts Overview
   3. G/L Account Card
   4. Chart of Accounts Page
   5. Budget
   6. Create Budgets Manually
   7. Copy Budgets
   8. Export and Import Budgets
   9. Lab: Create a Revenue Account
   10. Lab: Create a VAT Account
   11. Lab: Create a Budget
   12. Lab: Copy a Budget
3. Module 3: General Journals
   1. Journal Overview
   2. Creating and Posting Journal Entries
   3. Recurring Journals Overview
   4. Processing Recurring Journals
   5. Reversals and Corrections
   6. Lab: Create a Journal Entry
   7. Lab: Create and Post a Recurring Journal
4. Module 4: Cash Management
   1. Bank Account Overview
   2. Entering and Posting Receivables Payments
   3. Entering and Posting Payables Checks
   4. Financially Voiding Checks
   5. Bank Reconciliation
   6. Lab: Create a Bank Account
   7. Lab: Apply and Post Cash Receipts
   8. Lab: Enter and Post Manual Checks
   9. Lab: Suggest Vendor Payments for a Single Vendor
   10. Lab: Financially Void a Check
5. Module 5: Receivables Management
   1. Customer Card
   2. Cash Receipt Journals Overview
   3. Applying Cash Receipt Payments
   4. Unapply Customer Ledger Entries
   5. Reversal of Posted Journals
   6. Set Up Payment Discounts
   7. Process Payment Discounts
   8. Set Up Payment Tolerance
   9. Process Payment Tolerance
   10. Reminders and Finance Charge Memos
   11. Set Up and Assign Reminder Terms
   12. Create and Issue Reminders
   13. Set Up and Assign Finance Charge Terms
   14. Create and Issue Finance Charge Memos
   15. Analyzing Receivables
   16. Lab: Apply and post a Cash Receipt
   17. Lab: Applying a Payment after posting
   18. Lab: Unapply Posted Ledger Entries
   19. Lab: Reverse a Posted Journal Entry
   20. Lab: Post a Payment with a Discount
   21. Lab: Apply Posted Partial Payments with Discounts
   22. Lab: Set Up a Payment Tolerance
   23. Lab: Process a Payment Tolerance
   24. Lab: Set Up a Reminder Term
   25. Lab: Create and Issue Reminders
   26. Lab: Create and Issue Finance Charge Memos
6. Module 6: Payables Management
   1. Vendor Card
   2. Payment Journal Overview
   3. Apply Vendor Entries Window
   4. Post Manual Payables Checks
   5. Suggest Vendor Payments Overview
   6. Create Payments Using Suggest Vendor Payments
   7. Print and Post Payables Checks
   8. Void Unposted Checks
   9. Apply Payments after Posting
   10. Unapply Vendor Ledger Entries
   11. Reversal of Journal Postings
   12. Set up Payment Discounts
   13. Process Payment Discounts
   14. Set Up Payment Tolerance
   15. Process Payment Tolerance
   16. Analyze Payables
   17. Lab: Enter a Manual Check
   18. Lab: Suggest, Print, and Post a Vendor Payment
   19. Lab: Void a Check
   20. Lab: Apply a Credit Memo after Posting
   21. Lab: Unapply a Payment
   22. Lab: Reverse a Posted Journal Entry
   23. Lab: Adjust the Payment Discount Amount
7. Module 7: Prepayments
   1. Prepayments Setup Overview
   2. Set Up Prepayment General Ledger Accounts
   3. Set Up Number Series for Prepayment Documents
   4. Set Up Prepayment Percentages for Customers and Vendors
   5. Set Up Prepayment Percentages for Customer-Item and Vendor-Item Combinations
   6. Set Up Check Prepayment When Posting
   7. Prepayments Processing Flows
   8. Prepayment Sales and Purchase Orders Overview
   9. Process Prepayment Sales and Purchase Orders
   10. Process Prepayment Sales and Purchase Invoices
   11. Correct Prepayments
   12. Lab: Set Up Prepayments for Sales
8. Module 8: VAT and Intrastat
   1. Display VAT Amounts in Sales and Purchase Documents
   2. Adjust VAT Amounts in Sales and Purchase Documents and Journals
   3. Import VAT
   4. VAT Correction
   5. VAT Statements
   6. VAT Settlement
   7. Intrastat Reporting
   8. Set Up Intrastat
   9. Report Intrastat
   10. Lab: Adjust a VAT Amount in a Sales Document
   11. Lab: Adjust a VAT Amount in a Purchase Journal
9. Module 9: Multicurrency
   1. Currency Card and Currency Exchange Rates
   2. Set Up Multicurrency for Customers, Vendors, and Bank Accounts
   3. Process Sales and Purchase Documents
   4. Process Cash Receipts
   5. Process Payments
   6. Use the Adjust Exchange Rates Batch Job
   7. Additional Reporting Currency
   8. Consolidations with Multiple Currencies
   9. Lab: Process a Sales Invoice
   10. Lab: Post Expenses in Foreign Currency
   11. Lab: Update the USD:GBP Exchange Rate
   12. Lab: Adjust the ACY Exchange Rate
10. Module 10: Year End Closing Processes
    1. Closing a Fiscal Year
    2. Transferring Income Statement Account Balances
    3. Posting the Journal
    4. Lab: Post an Entry into a Closed Fiscal Year

Benefits of taking the 80041: Finance in Microsoft Dynamics NAV 2009 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.

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  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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  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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