80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Training Course & Certification Exam in NY, NV, DC & Online

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80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course Description

NetCom's Microsoft Dynamics AX 2012 Financials and Fixed Assets course explores some of the basic financial functionality available in Microsoft Dynamics AX. Students will be introduced to set up processes in General Ledger, Accounts Payable, Accounts Receivable, and the Bank module, as well as how to enter transactions in each.

The second part of this course explores topics such as the setup and usage of budgeting, cash flow management, multicurrency, intercompany, and consolidated accounting. Additionally, students learn about the multiple advanced payment options, how to produce customer account statements, collection letters, complete year-end close functionality, and produce financial statements.

The third part, Fixed Assets in Microsoft Dynamics AX 2012 examines and teaches students how to use the Fixed asset functionality in the application. The course focuses on the various setup requirements for Fixed Assets, transactions, and reports and inquiries.

The following courses are covered:

80219: Financials I in Microsoft Dynamics AX 2012

80220: Financials II in Microsoft Dynamics AX 2012

80302: Fixed Assets in Microsoft Dynamics AX 2012

Intended Audience for the 80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course

This course is intended for individuals on the implementation team, administrating or using the Fixed Assets and Financial management modules in Microsoft Dynamics AX 2012. 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. Additionally, individuals responsible for training or supporting Microsoft Dynamics AX 2012 benefit from this course.

Training Packages & Career Tracks that include the 80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course

Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated

80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course Objectives

Set up Basic Budgeting and configure Budget Controls.
Enter Budget Data.
Define an Encumbrance and complete year-end Commitments.
Set up Cash Flow Forecasting and create and calculate Cash Flow transactions.
Set up and run Foreign Currency Revaluation.
Set up and process Advanced Payments.
Set up Intercompany Accounting and post and trace Intercompany transactions.
Set up Consolidation and Subsidiary Companies.
Print Customer Statements, process Collection Letters, set up Interest Codes and calculate Interest.
Define Workflows and create financial module Approvals.
Complete Year-End steps and procedures.
Create and print Financial Statements.
Set up General Ledger.
Set up a Chart of Accounts.
Set up Journals.
Enter General Ledger Transactions.
Set up Sales Tax Components.
Set up Reason Codes and use the Fill Utility.
Set up Bank Accounts and Bank Parameters.
Enter Bank Transactions.
Set up Accounts Payable.
Enter Accounts Payable Transactions.
Set up Accounts Receivable.
Enter Accounts Receivable Transaction.
Define fixed assets and describe the integration of the Fixed assets module with General ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules.
Set up the Fixed assets module.
Set up assets.
Compare different fixed asset Transaction Types and methods for recording transactions.
Run inquiries and reports.

Recommended Prerequisites for the 80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated course

80220: Financials II in Microsoft Dynamics AX 2012

The 80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course prepare students for the following Exams

MB6-871 : Microsoft Dynamics AX 2012 Financials

80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated Course Outline

General Ledger Setup
1. Currency and Exchange Rate Setup
2. Periods and Fiscal Year Setup
3. Date Intervals
4. Reason Codes
5. Financial Dimensions
6. Financial Dimension Sets
7. Period Allocations
Chart of Accounts Setup
1. Main Account Categories
2. Chart of Accounts
3. Main Account Information
4. Main Account Administration Information
5. Main Account Setup Information
6. Configuring Account Structures
7. Advanced Rules
8. Ledger Setup
9. Accounts for Automatic Transactions
10. Inquiries and Reports Related to the Chart of Accounts
Journal Setup
1. Journal Setup
2. Journal Controls
3. Journal Descriptions
4. Balance Control Accounts
5. General Ledger Parameters
General Ledger Daily Procedures
1. General Ledger Journals
2. Enter General Ledger Transactions
3. Posting Multiple Journals
4. Approval Journals
5. Gathering Data for an Approval Journal
6. Voucher Templates
7. Periodic Journals
8. General Ledger Transaction Reversal
9. Reversing Entries - General Journal
10. Inquire and View Reports on Daily Journal Transactions
Sales Tax Setup
1. Sales Tax Overview
2. Ledger Posting Groups
3. Sales Tax Authorities
4. Sales Tax Settlement Periods
5. Sales Tax Codes
6. Sales Tax Code Intervals
7. Sales Tax Groups
8. Item Sales Tax Groups
9. Sales Tax Jurisdictions
10. Sales Tax Transactions
11. Sales Tax Exemption
12. Withholding Sales Tax
Financial Features
1. Financial Reason Codes
2. Fill Utility
Cash and Bank Management Setup
1. Bank Transaction Types
2. Bank Transaction Groups
3. Cash and Bank Management Parameters
4. Payment Purpose Codes
5. Bank Groups
6. Bank Accounts
7. Check Layout
Cash and 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
Accounts Payable Setup
1. Payment Schedule
2. Terms of Payment
3. Payment Days
4. Cash Discounts
5. Payment Fee
6. Methods of Payment
7. Vendor Groups
8. Accounts Payable Posting Profiles
9. Accounts Payable Vendors
Accounts Payable Daily Procedures
1. Invoice Journals in Accounts Payable
2. Invoice Register
3. Invoice Approval Journal
4. Vendor Invoice Pool Excluding Posting Details
5. Invoice Journal
6. Voucher Template
7. Payment Journals
8. Prepayments
9. Invoice Matching
10. Charges to Purchase Order Invoices
11. Edit Open Transactions
12. Reverse a Closed Transaction
13. Print Management
Accounts Receivable Setup
1. Payment Schedule
2. Terms of Payment
3. Payment Days
4. Cash Discounts
5. Payment Fee
6. Methods of Payment
7. Customer Groups
8. Accounts Receivable Posting Profiles
9. Accounts Receivable Customers
Accounts Receivable Daily Procedures
1. Free Text Invoice - Description and Usage
2. Payment Journals
3. Edit Open Transactions
4. Placing an Accounts Receivable Transaction on Hold
5. Reverse Settlements
6. Reimburse a Customer
7. Reason Codes
8. Print Management
Budgeting
1. Budgeting Overview
2. Basic Budgeting Setup
3. Budget Control
4. Configuring Budget Control
Use and Manage Budgets
1. Budget Amounts
2. Using Budget Control
3. Budget Reporting and Inquiries
4. Budget Transaction Web Services
5. Integrated Budgeting
6. Transfer Budgets To and From General Ledger
Commitment Accounting
1. Defining Purchase Order Encumbrances
2. Setting Up Encumbrances
3. Purchase Order Encumbrance Transactions
4. Encumbrance Year-End Process
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
Multicurrency
1. Setup
2. Foreign Currency Revaluation
3. Accounts Receivable and Accounts Payable Exchange Rate Adjustments
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
Intercompany Accounting
1. Post Intercompany Transactions
2. Intercompany Posting Setup
3. Post an Intercompany Transaction
4. Trace an Intercompany Entry
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
Collections Management
1. Customer Account Statement
2. Set Up Collection Letters
3. Process Collection Letters
4. Set Up Interest Codes
5. Calculate Interest
6. Managing Collections and Collection Agents
7. View and Manage Collections Information
8. Advanced Collections Management Tasks
Financial Workflows
1. Workflow Types
2. Workflow Configurations
3. Workflow Approvals
4. General Ledger Workflow
5. Accounts Payable Workflow
6. Accounts Receivable Workflow
7. Managing Workflows
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
Financial Statements
1. Financial Statement Setup
2. Financial Statement Row Definition
3. Financial Statement Column Definition
4. Print a Financial Statement
5. Create a Balance Sheet
6. Dimension Reports
7. XBRL Taxonomy
Introduction
1. Fixed Assets Overview
2. Structure
3. Integration with Other Modules
Setup Procedures
1. System Setup for Fixed Assets
2. Fixed Assets Module Setup
3. Parameters
4. Depreciation Methods
5. Depreciation Conventions
6. Depreciation Books Overview
7. Extended Functionality Features - Provision Types and Bonus Depreciation
8. Mass Update Depreciation Conventions for a Depreciation Book
Setup of Assets
1. Fixed Assets Form
2. Set Up Assets
3. Lend Assets
4. Assign Bar Codes to Assets
5. Asset Budgeting
6. Project Module Integration to Fixed Assets
Asset Transactions
1. Scenario
2. Typical Fixed Asset Transaction Types
3. Record Acquisitions
4. Create and Acquire Fixed Assets from Purchasing
5. Record Depreciation
6. Record Value Adjustments
7. Record Disposals
8. Transaction Reversals
9. Replacement Cost and Insured Value Update
10. Copy Fixed Assets and Change Fixed Asset Groups
11. Fixed Asset Additions
Inquiries and Reports
1. Inquiries
2. Reports

Benefits of taking the 80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 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

NetCom provides Authorized Training
NetCom Learning is a Microsoft Gold Certified Partner for Learning Solutions (CPLS), Cisco Learning Partner, CompTIA Platinum Partner, EC-Council Accredited Training Center, Adobe Authorized Training Center, Autodesk Authorized Training Center and many others. We are proud to offer the highest quality, authorized training solutions from our many partners for our customers.
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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.

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

Awards won by NetCom
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See our list of awards.
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