Microsoft Dynamics AX Functional Online Training Modules Overview

INTRODUCTION TO DYNAMICS AX

• Versions

Financials in Microsoft Dynamics AX 2009-Part I

CHAPTER-1: GENERAL LEDGER SETUP

• Set up Currencies and Exchange Rates
• Create Periods in a new fiscal year
• Create Date intervals
• Create, modify, and delete reason codes
• Create a Dimension Value
• Create a Dimension Focus
• Set up allocation rules

CHAPTER -2: CHART OF ACCOUNTS SETUP

• Create, edit, close, delete
• Create a new account in the Chart of Accounts (COA)
• Set up Account Allocation Terms
• Set up System Accounts
• View inquiries and reports related to the Chart of Accounts

CHAPTER -3:  JOURNAL SETUP

• Set up journal names
• Set up journal controls
• Create journal texts
• Set up balance control accounts
• Set up General Ledger parameters

CHAPTER -4: FINANCIAL FEATURES

• Create, modify, and delete reason codes
• Describe how and when to use the Fill utility

CHAPTER -5: GENERAL LEDGER DAILY PROCEDURE

• Create General Ledger Journals
• Post multiple journals
• Enter General Ledger Transactions
• Create Approval Journals
• Demonstrate data needed to create an Approval journal
• Create a Voucher Template
• Create and Retrieve Periodic Journals
• General Ledger Transaction Reversal
• Create General Ledger Reversing Entries
• Inquire and Report on Daily Journal Transactions

CHAPTER -6: SALES TAX SETUP

• Provide an overview on sales tax
• Create Ledger Posting Groups
• Create Sales Tax Authorities
• Create Sales Tax Settlement Periods
• Create Sales Tax Codes
• Create Sales Tax Codes Intervals
• Create Sales Tax Groups
• Create Item Sales Tax Groups
• Set up Sales tax jurisdictions
• Create Sales Tax Transactions
• Create Sales Tax Exempt Data
• Calculate and Post Withholding Sales Tax

CHAPTER -7: BANK MANAGEMENT SETUP

• Set up bank transaction types
• Set up bank transaction groups
• Set up bank parameters
• Set up payment purpose codes
• Set up bank groups
• Create a bank account
• Define the check layout for a bank account

CHAPTER -8: ACCOUNTS PAYABLE SETUP

• Create a payment schedule
• Create terms of payment
• Create a payment day
• Create a payment fee
• Create a method of payment
• Set up vendor groups
• Set up posting profiles
• Create a new vendor

CHAPTER -9: ACCOUNTS PAYABLE DAILY PROCEDURES

• Explain the different invoice journals
• Register an invoice journal
• Approve an invoice register journal
• Create an invoice excluding posting
• Create an invoice journal
• Use a voucher template to create vouchers
• Create a payment proposal
• Run a payment proposal for a marked settlement
• Create a payment journal
• Generate a payment
• Describe invoice matching
• Edit open transactions
• Reverse a closed transaction
• Define print management settings

CHAPTER -10: ACCOUNTS RECEIVABLE SETUP

• Create a payment schedule
• Create terms of payment
• Create a payment day
• Set up a cash discount
• Create a payment fee
• Create a method of payment
• Set up customer groups
• Set up posting profiles
• Create a new customer

CHAPTER -11: ACCOUNTS RECEIVABLE DAILY PROCEDURES

• Create a Free Text Invoice
• Edit an Open Free Text Invoice
• Create a Payment Proposal
• Mark customer transactions for Settlement
• Create a Payment Journal
• Edit Open Transaction
• Place an Accounts Receivable transaction on hold
• Reverse a Settlement
• Reimburse a Customer
• Describe Reason codes in Accounts receivable
• Print management settings
• Print management setup

Financials in Microsoft Dynamics AX 2009-Part II

CHAPTER -1:  BUDGETING

• Create budget models and sub models.
• Create Period Allocation Keys.
• Enter budget numeric data.
• Generate and print a budget.
• Apply setup features to budgets.
• Show how to simulate budgets.
• Edit budgets.
• Creating a revised budget versus modifying an existing budget.
• Name the steps that are required to revise a budget.
• View budget data.

CHAPTER -2: CASH FLOW MANAGEMENT

• Understand the relationship of cash flow to other modules
• Set up cash flow forecasting
• Define a cash flow forecast budget model
• Create cash flow transactions
• Calculate cash flow transactions
• View online data and print cash flow reports

CHAPTER -3: MULTICURRENCY

• Exchange rate adjustments
• Exchange rate adjustments in General Ledger
• Exchange rate adjustments in Accounts Receivable
• Exchange rate adjustments in Accounts Payable

CHAPTER -4: ADVANCED PAYMENTS

• Create and process a bridging account method of payment
• Set up and process electronic vendor payments
• Set up and process electronic customer payments
• Set up and process centralized payments
• Set up and process prepayments
• Set up and process bills of exchange
• Set up and apply ledger accruals

CHAPTER -5: INTERCOMPANY ACCOUNTING

• Review posting intercompany transactions
• Review setup for intercompany accounting
• Post an intercompany transaction
• Trace an intercompany transaction

CHAPTER -6: CONSOLIDATIONS

• Set up a consolidation company
• Set up a subsidiary company
• Perform a consolidation
• View the Consolidations inquiry
• View and delete consolidation transactions
• Describe intercompany eliminations

CHAPTER -7: CUSTOMER ACCOUNT STATEMENT ,COLLECTION LETTER AND INTEREST

• Print customer statements
• Set up and create collection letters
• Process collection letters
• Set up interest codes
• Calculate interest

CHAPTER -8: DIMENSIONS HIERARCHY

• Concept of dimension sets, hierarchies, and rules
• Create a dimension set
• Create a dimension subset
• Create a dimension set hierarchy
• Create a dimension set rule

CHAPTER -9: XBRL TAXONOMY

• Concept of XBRL taxonomy
• Import XBRL taxonomy
• Create an XBRL File from the Financial Statement

CHAPTER -10: YEAR-END CLOSE

• Create a new fiscal year
• Control transactions in a closing period
• Stop or close a period
• Create a closing sheet
• Make adjustments or transfers between accounts
• Transfer opening balances
• Set up fiscal year close parameters

CHAPTER -11: FINANCIAL STATEMENTS

• Create a dimension focus
• Create a row definition
• Design the structure of row definitions
• Create a column definition
• Print a financial statement
• Create and print a financial statement
• Create and print a dimension statement
• View balances by dimension focus

Financials in Microsoft Dynamics AX 2009-Fixed Assets

CHAPTER -1:  INTRODUCTION

• Overview of Fixed assets
• Review required functionality for Fixed assets
• Integration of Fixed assets with General Ledger
• Integration of Accounts Payable, Accounts Receivable
• Integration of Project Accounting and Inventory Management modules

CHAPTER -2:  SETUP PROCEDURES

• Review system setup for Fixed assets
• Review the basic setup requirements for the Fixed assets module
• Value models, Asset Groups, Disposal and Posting profile
• setup of Parameters within Fixed assets setup
• Capitalization threshold
• Fixed asset Purchase orders field group parameters
• Create and modify Reason codes in Fixed assets
• Depreciation conventions
• Depreciation books overview
• setup requirements for Fixed assets
• Mass update depreciation conventions
• Country and region-specific features in Fixed assets

CHAPTER -3: SETUP OF ASSETS

• Functionality available in the Fixed asset table
• Financial and non-financial information for assets
• Set up a fixed asset
• Use of inquiries in the Fixed asset table
• Inquiries available in the Depreciation book form
• Asset lending
• Assigning bar codes to assets
• Features of asset budgeting
• Associate and manage fixed assets within the Projects form
• Review the fixed asset details associated with a project or subproject

CHAPTER -4: ASSET TRANSACTIONS

• Asset transaction types
• Journals to manually enter fixed asset transactions
• Create fixed assets in accounts payable
• Control fixed asset acquisition transaction creation from accounts payable
• Restrict user group permissions for posting fixed asset
• Create a fixed asset record directly from accounts payable
• Fixed asset receipt and Fixed asset issue account types
• Set up the Fixed asset receipt and Fixed asset issue accounts
• Use proposals to enter fixed asset transactions
• Value adjustments for fixed assets
• Fixed asset disposals
• Types of asset transactions
• Fixed asset transaction reversals
• Asset replacement
• Copy a fixed asset
• Change a fixed asset group
• Enter a fixed asset addition

INQUIRIES AND REPORTS

• Review data inquiries available in Fixed assets
• Review reports available in Fixed assets
• TSM

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