About this Course
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. It also shows students how to create project transactions.
The course focuses on the basic project functionality available in Microsoft DynamicsAX.
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. 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.
At Course Completion
After completing this course, students will be able to:
- 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.
Before attending this course, students must have:
- Basic knowledge of accounting principles.
- An understanding of how to navigate within Microsoft Dynamics AX.
In addition, we recommend, but do not require, that students have completed:
- Microsoft Dynamics AX Introduction course
Module 1: Working with Projects
This module provides an overview of the Project management and accounting module in Microsoft Dynamics AX. It describes creating a project, project hierarchies, and activity breakdown structures. It also describes project details, project groups, and project stages.
Module 2: Understanding Project Types
This module discusses the accounting principles involved with the project types supported in Microsoft Dynamics AX module, Project management and accounting.
Module 3: Working with Project Transactions
This module explains how transaction types are managed and processed in the Microsoft Dynamics AX Project management and accounting module.
Module 4: Project Timesheets
This module explains how workers (employees and contractors) use project timesheets to enter and approve hours through the Enterprise Portal or the Microsoft Dynamics AX client.
Module 5: Project Invoicing
This module describes how Microsoft Dynamics AX uses two methods to invoice based on the type of project. While time and material (T&M) projects use the invoice proposal form to create invoices based on the transactions posted to the project, fixed-price projects use predefined payment amounts that are based on predefined milestones in the project.
Module 6: Project Budgeting
This module explains the project budgeting functionality within Microsoft Dynamics AX. By comparing budget and actuals, your organization can reallocate money and resources to meet budgetary goals.
Module 7: Project Inquiries and Reports
This module includes inquiries, reports, and statistics forms so you can access information needed to run projects effectively. It also describes the Microsoft Excel and Microsoft Online Analytical Processing (OLAP) integration.
Module 8: Project Management and Accounting Setup
This module provides a reference for the set up of parameters of the Project management and accounting module in Microsoft Dynamics AX. The correct setup is necessary to use this module.