Microsoft Dynamics 365 Business Central: Finance

KEY FEATURES

During this course you will learn how to implement a financial administration in Business Central from A to Z. We show you how RapidStart can ease the process, and what the importance of booking groups is.

What's Included

Your course package is designed to provide maximum learning and convenience. This is included in the price of your course:

• INSTRUCTOR-LED TRAINING
• ALL COURSE MATERIALS
• INSTRUCTOR-LED TRAINING
• ACCOMMODATION
• ALL COURSE MATERIALS
• ALL MEALS

EXAMS & CERTIFICATIONS

PREREQUISITES

This course is aimed at consultants and key users with basic knowledge of Microsoft Dynamics 365 Business Central & NAV.

Full curriculum

Using our engaging learning methodology including a variety of tools, we’ll cover the entire curriculum.

1 - Set up number series
- Number Series
- Number Series Relationships

2 - Setup posting groups
- Specific posting groups
- General posting groups
- General posting setup

3 - Chart of Accounts
- G/L account card
- G/L account categories
- Chart of accounts

4 - Financial Management setup
- General ledger setup
- User setup
- Accounting periods


5 - RapidStart Services
- RapidStart Services process flow
- Configuration worksheet
- Configuration questionnaires
- Data templates
- Configuration package
- Configure a new company using RapidStart Services
- Data migration using RapidStart Services
- Field mapping
- Create missing codes
- Data migration using assisted setup

6 - Setup general journal templates and batches
- General journal templates, batches, and lines
- Create journal templates and batches

7 - General journals
- Creating journal entries
- Processing journal entries
- Standard journals
- Recurring journals
- Deferrals

8 - Prepayments
- Set up prepayments
- Assign prepayment percentages
- Prepayment processing flow
- Process prepayment sales and purchase orders
- Correct prepayments

9 - Cash management
- Bank accounts
- Customer and vendors in cash management
- Processing incoming and outgoing payments in NAV
- Applying payments
- Electronic banking

10 - Payment Discounts & Tolerances
- Set up payment discounts
- Process payment discounts
- Set up a payment discount tolerance and payment tolerance
- Process payment tolerances

11 - Reminders & finance charge memos
- Set up and assign reminder terms
- Set up additional fees
- Create and issue reminders
- Set up and assign finance charge terms
- Create and issue finance charge memos
- Calculate interest on reminders

12 - VAT
- VAT posting groups
- Set up VAT templates
- Display VAT amounts in sales and purchase documents
- Adjust VAT amounts in purchase invoices
- Report VAT- vVAT settlement

13 - Year end closing
- Closing a fiscal year
- Year end closing entries

14 - Cash flow forecast
- Functions of the cash flow forecast
- Setting up the cash flow forecast
- Creating cash flow forecasts
- Cash flow manual revenues and expenses
- Cash flow worksheet
- Cash flow forecast reporting

15 - Setup Dimensions
- Dimensions and dimension values
- Shortcut dimensions
- Default dimensions
- Dimension combinations
- Dimension priorities

16 - Financial reporting & analysis
- Analyze the chart of accounts
- Financial statements
- Account schedules
- Analysis by dimensions
- Finance Performance charts

17 - Budgets
- General ledger budgets
- Copying budgets
- Exporting and importing budgets

18 - Multicurrency
- Currency card and currency exchange rates
- Set up multicurrency for customers, vendors, and bank accounts
- Process sales and purchase documents
- Adjust exchange rates batch job
- Additional reporting currency