Description
This course describes how to set up and manage a company's financial activities in Microsoft Dynamics 365 Business Central
What are the goals for this course?
Setup the General Ledger
Define accounting periods
Setup a Chart of Accounts
Create and post journal entries
Review recurring journals
Create a bank account
Apply payments
Describe debit collections
Define check management
Reconcile payments
Process payments to include discounts
Set up and assign reminder terms and finance charge terms
Define VAT calculation types and calculate VAT
Transfer statement account balances
Setup prepayments
Close a fiscal year
What are the prerequisites to consume this course?
General knowledge of Microsoft Office
General knowledge of Microsoft Dynamics 365 Business Central
Some previous experience with development processes and concepts with Microsoft Dynamics NAV or Business Central
Module 01: Getting Started with Finance
- Finance Focused Role Centers
- Finance Master Data
Module 02: Chart of Accounts
- G/L Account Card
- Create an Account in the G/L Account Card
- G/L Account Categories
- Maintaining G/L Account Categories
- Assign Dimensions to G/L Accounts
- Assign Dimensions to a Single Account
- Maintaining the Chart of Accounts
- How to maintain the Chart of Accounts
- G/L Entries
Module 03: General Journals
- Creating Journal Entries
- How to Create Journal Entries
- Processing Journal Entries
- Standard Journals
- Recurring Journals
- Processing Recurring Journals
- Deferrals
- Using Deferrals
- Reversals
Module 04: Processing Customer and Vendor Invoices
- Invoicing Options
- Invoicing Customers
- Processing Vendor Invoices
- Correcting Posted Invoices
Module 05: Cash Management - Receivables and Payables
- Bank Account Overview
- Bank Account Card Fields
- Customer and Vendors in Cash Management
- Analyzing Receivables and Payables
- Cash Receipt Journal and Payment Journal Overview
- Entering Payments in the Cash Receipt Journal and Payment Journal
- Applying Payments
- Applying Payments Scenarios
- Payment Registration
- Reconcile Payments with the Payment Registration
- Suggest Vendor Payments
- Use the Suggest Vendor Payments Batch Job
- Check Management
- Print and Void Checks
- Payment Reconciliation
- Using the Payment Reconciliation Journal
- Bank Data Conversion Service
- Payment Services
- How to Set Up and Use Payment Services
Module 06: Cash Management - Bank Reconciliation
- Bank Reconciliation
- Performing a Bank Reconciliation
Module 07: Payment Discounts and Payment Tolerances
- Payment Discounts
- Set Up Payment Discounts
- Process Sales Payment Discounts
- How to process Sales Payment Discounts
- Process Purchase Payment Discounts
- Payment Discount Tolerance and Payment Tolerance
- Set Up a Payment Discount Tolerance and Payment Tolerance
- Process the Payment Discount Tolerance
Module 08: Managing Receivables Reminders and Finance Charge Memos
- Reminder Terms
- Set Up and Assign Reminder Terms
- Set Up Additional Fee
- Create and Issue Reminders
- Set Up and Assign Finance Charge Terms
- Create and Issue Finance Charge Memos
- Calculate Interest on Reminders
- Interest Calculation Rules in Reminders
- Review Reminders and Finance Charge Entries
Module 09: VAT
- Display VAT Amounts in Sales and Purchase Documents
- Adjust VAT Amounts in Sales and Purchase Documents and Journals
- Unrealized VAT
- VAT Statements
- VAT Settlement
- Running the Calc. and Post VAT Settlement Batch Job
Module 10: Prepayments
- Setup Prepayments
- Assign Prepayment Percentages
- How to Assign Prepayment Percentages
- Process Prepayment Sales and Purchase Orders
Module 11: Accounting Periods
- Accounting Periods Window
- Creating New Accounting Periods
- Allow and Disallow Posting
- Closing a Fiscal Year
- How to Close a Fiscal Year
- Финансы