80316: Project Essentials in Microsoft Dynamics AX 2012 R2

80316: Project Essentials in Microsoft Dynamics AX 2012 R2 Course Description

Duration: 2.00 days (16 hours)

This two-day instructor-led course provides students with the knowledge and skills to set up the Project management and accounting module of Microsoft Dynamics AX R2. It also shows students how to create project transactions. The course focuses on the basic project functionality available in Microsoft Dynamics AX R2.

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Contact us to customize this class with your own dates, times and location. You can also call 1-888-563-8266 or chat live with a Learning Consultant.

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Intended Audience for this 80316: Project Essentials in Microsoft Dynamics AX 2012 R2 Course

  • » This course is intended for people who are on the implementation team, administering or using the Project management and accounting module in Microsoft Dynamics AX R2. This audience typically includes people who are tasked with assessing business needs and those who advise them on the use, configuration and customization of the application. Additionally, people responsible for training or supporting others in Microsoft Dynamics AX can benefit from this course.

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80316: Project Essentials in Microsoft Dynamics AX 2012 R2 Course Objectives

  • » Create and set up the Project management and accounting module in Microsoft Dynamics AX
  • » Set up invoicing
  • » Understand project types
  • » Create and enter project timesheets
  • » Set up and allocate project budgets

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80316: Project Essentials in Microsoft Dynamics AX 2012 R2 Course Outline

      1. Module 1: Working with Projects
        1. Overview
        2. Project Details
        3. Project Group
        4. Project Numbering
        5. Project Hierarchies
        6. Report Sort Fields
        7. Work Breakdown Structure
        8. Project Copy Wizard
        9. Project Stages
        10. Lab : 1:1 Create a Project
        11. Lab : 1:2 Create a Subproject
        12. Lab : 1:3 Set Report Sort Fields
        13. Lab : 1:4 Create a Work Breakdown Structure
        14. Lab : 1:5 Creating and Renaming Project Stages
      2. Module 2: Understanding Project Types
        1. Project Types
        2. Time and Material Projects
        3. Processing a Time and Material Project
        4. Time and Material Project Example
        5. Fixed-Price Projects
        6. Fixed-Price Project Example
        7. Internal Projects
        8. Cost Project Example
        9. Time Projects
        10. Investment Projects
        11. Project Groups
        12. Ledger Principles
        13. Lab : 2:1 Run a Basic Time and Material Project
        14. Lab : 2:2 Run a Basic Fixed-Price Project
        15. Lab : 2:3 Create a Cost Project
      3. Module 3: Working with Project Transactions
        1. Transaction Types
        2. Categories and Category Groups
        3. Project Pricing
        4. Line Properties
        5. Hour Transactions
        6. Hours Journal
        7. Expense Transactions
        8. Expense Journals
        9. Invoice Journals and Invoice Registers
        10. Free Text Invoices
        11. Item Transactions
        12. Item Journals
        13. Item Requirements
        14. Purchase Orders
        15. Purchase Requisitions
        16. Production Orders
        17. Sales Orders
        18. Beginning Balances
        19. Review Project Transactions
        20. Adjusting Transactions
        21. Journal Setup
        22. Journal Approval
        23. Journal Descriptions
        24. Ledger Posting Setup
        25. Posting Setup by Project Group or Category
        26. Lab : 3:1 Create a New Category Group and Category
        27. Lab : 3:2 Set Up Prices for a New Contract
        28. Lab : 3:3 Enter an Invoice Journal
        29. Lab : 3:4 Create a Project Production Order
        30. Lab : 3:5 View Project Transactions
        31. Lab : 3:6 Adjust a Posted Transaction
      4. Module 4: Project Timesheets
        1. Timesheet Periods
        2. Set Up Timesheet-Related Parameters
        3. Configuring Timesheet Workflows
        4. Set Up Favorites
        5. Set Up Delegates
        6. Timesheet Creation
        7. Timesheet Approval
        8. Missing Timesheets Report
        9. Lab : 4:1 Create a Timesheet Workflow
        10. Lab : 4:2 Create a Timesheet
      5. Module 5: Project Invoicing
        1. Invoicing Setup
        2. Project Contracts
        3. Billing Requirements for Transactions
        4. Invoice Proposals
        5. On-Account Invoicing
        6. View Posted Invoices
        7. Credit Notes
        8. Lab : 5:1 Create a New Project Contract
        9. Lab : 5:2 Create an Invoice Proposal
        10. Lab : 5:3 Create an On-Account Invoice
      6. Module 6: Project Budgeting
        1. Budget Approval Workflow
        2. Original Budgets
        3. Project Budget Properties
        4. Allocate Budgets
        5. View Budget Impact
        6. View Budget Balances
        7. Budget Revisions
        8. Committed Costs
        9. Carry Forward Budget Amounts at Year End
        10. Lab : 6:1 Manage a Project Budget
      7. Module 7: Project Inquiries and Reports
        1. Project Control
        2. Excel Integration with Project Control
        3. Reports
        4. OLAP Integration
        5. Lab : 7:1 Using the Hour Utilization Screen
      8. Module 8: Project Management and Accounting Setup
        1. Settings

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Do you have the right background for 80316: Project Essentials in Microsoft Dynamics AX 2012 R2?

Skills Assessment

We ensure your success by asking all students to take a FREE Skill Assessment test. These short, instructor-written tests are an objective measure of your current skills that help us determine whether or not you will be able to meet your goals by attending this course at your current skill level. If we determine that you need additional preparation or training in order to gain the most value from this course, we will recommend cost-effective solutions that you can use to get ready for the course.

Our required skill-assessments ensure that:

  1. All students in the class are at a comparable skill level, so the class can run smoothly without beginners slowing down the class for everyone else.
  2. NetCom students enjoy one of the industry's highest success rates, and pass rates when a certification exam is involved.
  3. We stay committed to providing you real value. Again, your success is paramount; we will register you only if you have the skills to succeed.
This assessment is for your benefit and best taken without any preparation or reference materials, so your skills can be objectively measured.

Take your FREE Skill Assessment test »

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Award winning, world-class Instructors

Charles W.
- Expert in Microsoft Office applications such as Excel, Word, PowerPoint, Outlook, Project, Visio, and Access as well as Adobe Graphic and Web Designer (InDesign, Acrobat, Photoshop, Illustrator, Dreamweaver and Flash Catalyst)
- Holds an A.A.S in Graphic Design as well as various Awards and Affiliations, including MCT, MCP, MCAS, and Office 2007 Master.
- Senior Lead Trainer for over 10 years.


Charles is a Technical Trainer & Instructional Designer for over 10 years. He is a Microsoft Certified Trainer and dedicates himself to Microsoft Office applications such as Excel, Word, PowerPoint, Outlook, Project, Visio, and Access. He is also an Adobe specialist and holds a degree in Graphic Design.

Charles is well known for his high evaluation scores, achieving 8.75 out of 9 on a regular basis, teaching in one-on-one, instructor-led, and web-based environments; one of the reasons for his high evaluation is his expertise in increasing personnel performance by developing and implementing programs constructed from the job task analysis process. Charles currently teaches Adobe Graphic and Web Designer, and Microsoft Office Specialist courses at NetCom Learning.
David H.
David is a hands-on, dynamic and experienced financial systems consultant with successful work history of implementing large scale ERP systems, managing and directly responsible for data migration, financial report validation and customization, end-user training, process documentation and automation. David has been a trainer for more 21 years.
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.


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 & Touch 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.
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.


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.
Ronald C.
- Founder and Managing Partner of Guided Technology Inc. which provides Microsoft consulting expertise and educational services for corporate and government.
- At Guided Technology, Ron was responsible for creating a strategic roadmap for First Data Corporation.
- At New York City Department of Finance, as Senior Manager & Design Architect, Ron designed and implemented IBM Servers collecting $15 billion in tax revenue.

Ron has always enjoyed teaching and instructing others, whether in the installation process of software and hardware upgrades, or as working as the Head of Training for Valinor, a Microsoft Consulting Partner, where Ron managed the company's training centers and worked as a Senior Instructor (MCT).

In addition to working in the management level of the business and software consulting market for over 18 years, Ron also worked as a Surface Warfare Officer and Weapons Officer in the United States Navy, serving two tours of duty. He served aboard the USS Tuscaloosa from 1984 -1987, and participated in two Western Pacific Deployments.

Ron loves basketball and played on Trinity College's varsity basketball team for all four years of college.

Satish R.

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Recent Client Testimonials & Reviews

Nice place to learn I recommend!

- Julio J.

Course(s) Taken

» Microsoft Dynamics AX7 : Finance, Trade & Logistics 2016 Combo

Excellent job fielding questions, followed up with answers the following day for questions not immediately able to answer.
John David S.
Course(s) Taken

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

I really enjoyed this instructor. He had a great sense of humor, could read when the students needed a break, and had good examples. Very personable.
Brie B.
Course(s) Taken

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

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