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Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated Combo Training Courses

About the Microsoft Dynamics AX 2012 - Financials and Trade and Logistics - Accelerated Combo

Duration: 10 days (100 hours)

Microsoft Dynamics AX 2012

NetCom's Microsoft Dynamics AX 2012 Financials and Trade & Logistics course explores some of the basic financial functionality available in Microsoft Dynamics AX. Students will be introduced to set up processes in General Ledger, Accounts Payable, Accounts Receivable, and the Bank module, as well as how to enter transactions in each. The course goes on to explore topics such as the setup and usage of budgeting, cash flow management, multicurrency, intercompany, and consolidated accounting. Additionally, students learn about the multiple advanced payment options, how to produce customer account statements, collection letters, complete year-end close functionality, and produce financial statements.

Fixed Assets in Microsoft Dynamics AX 2012 examines and teaches students how to use the Fixed asset functionality in the application. The course focuses on the various setup requirements for Fixed Assets, transactions, and reports and inquiries.

The course also provides students with the necessary tools and resources to perform basic tasks in the trade and inventory flow in Microsoft Dynamics AX 2012, and introduces advanced Trade & Logistics functionality. This part builds on information provided in the Supply Chain Foundation in Microsoft Dynamics AX 2012 course. Furthermore, the course introduces the features of Bill of Materials functionality in Microsoft Dynamics AX 2012.

Next Class Dates

Dec 11, 2017 – Dec 22, 2017
 
8:00am – 6:00pm EST
 
 
Feb 5, 2018 – Feb 16, 2018
 
8:00am – 6:00pm PST
 
 
Mar 19, 2018 – Mar 30, 2018
 
8:00am – 6:00pm CST
 
 

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This training consists of the following courses:

80219+80220+80302: Financials I, II and Fixed Assets in Microsoft Dynamics AX 2012 Accelerated   More on this course

5 days | 50 hours

arrow Course Objectives

  • » Set up Basic Budgeting and configure Budget Controls.
  • » Enter Budget Data.
  • » Define an Encumbrance and complete year-end Commitments.
  • » Set up Cash Flow Forecasting and create and calculate Cash Flow transactions.
  • » Set up and run Foreign Currency Revaluation.
  • » Set up and process Advanced Payments.
  • » Set up Intercompany Accounting and post and trace Intercompany transactions.
  • » Set up Consolidation and Subsidiary Companies.
  • » Print Customer Statements, process Collection Letters, set up Interest Codes and calculate Interest.
  • » Define Workflows and create financial module Approvals.
  • » Complete Year-End steps and procedures.
  • » Create and print Financial Statements.
  • » Set up General Ledger.
  • » Set up a Chart of Accounts.
  • » Set up Journals.
  • » Enter General Ledger Transactions.
  • » Set up Sales Tax Components.
  • » Set up Reason Codes and use the Fill Utility.
  • » Set up Bank Accounts and Bank Parameters.
  • » Enter Bank Transactions.
  • » Set up Accounts Payable.
  • » Enter Accounts Payable Transactions.
  • » Set up Accounts Receivable.
  • » Enter Accounts Receivable Transaction.
  • » Define fixed assets and describe the integration of the Fixed assets module with General ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules.
  • » Set up the Fixed assets module.
  • » Set up assets.
  • » Compare different fixed asset Transaction Types and methods for recording transactions.
  • » Run inquiries and reports.

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arrow Course Outline

  • General Ledger Setup
    1. Currency and Exchange Rate Setup
    2. Periods and Fiscal Year Setup
    3. Date Intervals
    4. Reason Codes
    5. Financial Dimensions
    6. Financial Dimension Sets
    7. Period Allocations
  • Chart of Accounts Setup
    1. Main Account Categories
    2. Chart of Accounts
    3. Main Account Information
    4. Main Account Administration Information
    5. Main Account Setup Information
    6. Configuring Account Structures
    7. Advanced Rules
    8. Ledger Setup
    9. Accounts for Automatic Transactions
    10. Inquiries and Reports Related to the Chart of Accounts
  • Journal Setup
    1. Journal Setup
    2. Journal Controls
    3. Journal Descriptions
    4. Balance Control Accounts
    5. General Ledger Parameters
  • General Ledger Daily Procedures
    1. General Ledger Journals
    2. Enter General Ledger Transactions
    3. Posting Multiple Journals
    4. Approval Journals
    5. Gathering Data for an Approval Journal
    6. Voucher Templates
    7. Periodic Journals
    8. General Ledger Transaction Reversal
    9. Reversing Entries - General Journal
    10. Inquire and View Reports on Daily Journal Transactions
  • Sales Tax Setup
    1. Sales Tax Overview
    2. Ledger Posting Groups
    3. Sales Tax Authorities
    4. Sales Tax Settlement Periods
    5. Sales Tax Codes
    6. Sales Tax Code Intervals
    7. Sales Tax Groups
    8. Item Sales Tax Groups
    9. Sales Tax Jurisdictions
    10. Sales Tax Transactions
    11. Sales Tax Exemption
    12. Withholding Sales Tax
  • Financial Features
    1. Financial Reason Codes
    2. Fill Utility
  • Cash and Bank Management Setup
    1. Bank Transaction Types
    2. Bank Transaction Groups
    3. Cash and Bank Management Parameters
    4. Payment Purpose Codes
    5. Bank Groups
    6. Bank Accounts
    7. Check Layout
  • Cash and Bank Management Daily Procedures
    1. Create Checks
    2. Delete a Check
    3. Deposit Slips
    4. Void Unposted Checks
    5. Refund Checks
    6. Bank Remittance
    7. Payment Reversal
    8. Reconcile a Bank Account
  • Accounts Payable Setup
    1. Payment Schedule
    2. Terms of Payment
    3. Payment Days
    4. Cash Discounts
    5. Payment Fee
    6. Methods of Payment
    7. Vendor Groups
    8. Accounts Payable Posting Profiles
    9. Accounts Payable Vendors
  • Accounts Payable Daily Procedures
    1. Invoice Journals in Accounts Payable
    2. Invoice Register
    3. Invoice Approval Journal
    4. Vendor Invoice Pool Excluding Posting Details
    5. Invoice Journal
    6. Voucher Template
    7. Payment Journals
    8. Prepayments
    9. Invoice Matching
    10. Charges to Purchase Order Invoices
    11. Edit Open Transactions
    12. Reverse a Closed Transaction
    13. Print Management
  • Accounts Receivable Setup
    1. Payment Schedule
    2. Terms of Payment
    3. Payment Days
    4. Cash Discounts
    5. Payment Fee
    6. Methods of Payment
    7. Customer Groups
    8. Accounts Receivable Posting Profiles
    9. Accounts Receivable Customers
  • Accounts Receivable Daily Procedures
    1. Free Text Invoice - Description and Usage
    2. Payment Journals
    3. Edit Open Transactions
    4. Placing an Accounts Receivable Transaction on Hold
    5. Reverse Settlements
    6. Reimburse a Customer
    7. Reason Codes
    8. Print Management
  • Budgeting
    1. Budgeting Overview
    2. Basic Budgeting Setup
    3. Budget Control
    4. Configuring Budget Control
  • Use and Manage Budgets
    1. Budget Amounts
    2. Using Budget Control
    3. Budget Transaction Web Services
    4. Integrated Budgeting
    5. Transfer Budgets To and From General Ledger
  • Commitment Accounting
    1. Defining Purchase Order Encumbrances
    2. Setting Up Encumbrances
    3. Purchase Order Encumbrance Transactions
    4. Encumbrance Year-End Process
  • Cash Flow Management
    1. Relationship of Cash Flow to Other Modules
    2. Set Up Cash Flow Forecasting
    3. Define a Cash Flow Forecast Budget Model
    4. Create Cash Flow Transactions
    5. Calculate Cash Flow Transactions
  • Multicurrency
    1. Setup
    2. Foreign Currency Revaluation
    3. Accounts Receivable and Accounts Payable Exchange Rate Adjustments
  • Advanced Payments
    1. Bridging Accounts
    2. Electronic Vendor Payments
    3. Electronic Customer Payments
    4. Centralized Payments
    5. Prepayments (Deposits)
    6. Bill of Exchange Administration
    7. Ledger Accrual
  • Intercompany Accounting
    1. Post Intercompany Transactions
    2. Intercompany Posting Setup
    3. Post an Intercompany Transaction
    4. Trace an Intercompany Entry
  • Consolidations
    1. Set Up a Consolidation Company
    2. Set Up a Subsidiary Company
    3. Perform a Consolidation
    4. Consolidations Inquiry
    5. View and Delete Consolidation Transactions
    6. Intercompany Eliminations
  • Collections Management
    1. Customer Account Statement
    2. Set Up Collection Letters
    3. Process Collection Letters
    4. Set Up Interest Codes
    5. Calculate Interest
    6. Managing Collections and Collection Agents
    7. View and Manage Collections Information
    8. Advanced Collections Management Tasks
  • Financial Workflows
    1. Workflow Types
    2. Workflow Configurations
    3. Workflow Approvals
    4. General Ledger Workflow
    5. Accounts Payable Workflow
    6. Accounts Receivable Workflow
    7. Managing Workflows
  • Year-End Close
    1. Create a New Fiscal Year
    2. Control Transactions in a Closing Period
    3. Create and Post a Closing Sheet
    4. Transfer Opening Balances
  • Financial Statements
    1. Financial Statement Setup
    2. Financial Statement Row Definition
    3. Financial Statement Column Definition
    4. Print a Financial Statement
    5. Create a Balance Sheet
    6. Dimension Reports
    7. XBRL Taxonomy
  • Introduction
    1. Fixed Assets Overview
    2. Structure
    3. Integration with Other Modules
  • Setup Procedures
    1. System Setup for Fixed Assets
    2. Fixed Assets Module Setup
    3. Parameters
    4. Depreciation Methods
    5. Depreciation Conventions
    6. Depreciation Books Overview
    7. Extended Functionality Features - Provision Types and Bonus Depreciation
    8. Mass Update Depreciation Conventions for a Depreciation Book
  • Setup of Assets
    1. Fixed Assets Form
    2. Set Up Assets
    3. Lend Assets
    4. Assign Bar Codes to Assets
    5. Asset Budgeting
    6. Project Module Integration to Fixed Assets
  • Asset Transactions
    1. Scenario
    2. Typical Fixed Asset Transaction Types
    3. Record Acquisitions
    4. Create and Acquire Fixed Assets from Purchasing
    5. Record Depreciation
    6. Record Value Adjustments
    7. Record Disposals
    8. Transaction Reversals
    9. Replacement Cost and Insured Value Update
    10. Copy Fixed Assets and Change Fixed Asset Groups
    11. Fixed Asset Additions
  • Inquiries and Reports
    1. Inquiries
    2. Reports

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80305+80306+80339: Supply Chain Management, Distribution & Trade and Bill of Materials in Microsoft Dynamics AX 2012 Accelerated   More on this course

5 days | 50 hours

arrow Course Objectives

  • » Create products and product masters.
  • » Discuss how to authorize product setup for legal entities.
  • » Discuss how to define a not stocked product.
  • » Create purchase orders and sales orders.
  • » Generate purchase and sales transactions.
  • » Create and correct packing slip and product receipts.
  • » Assign and manage serial and batch numbers
  • » Set up quality control.
  • » Use quality orders.
  • » Set up quality management.
  • » Understand non conformances.
  • » Create and process an inventory adjustment and inventory movement journal.
  • » Create and process a transfer journal.
  • » Create and process a Bill of Materials (BOM) journal.
  • » Understand how to use journals to make inventory adjustments.
  • » Understand how to use the Counting journal to support and adjust physical inventory counts.
  • » Allow for over/under delivery of goods.
  • » Assign charges.
  • » Set up and manage quarantine management functionality.
  • » Recognize the pick process.
  • » Register serialized and batch inventory.
  • » Reverse and split a pick.
  • » Edit Item dimensions during picking.
  • » Create Vendor returns, Return actions, and Manage Customer returns.
  • » Manually reserve inventory.
  • » Set up automatic and explosion inventory reservation.
  • » Query, cancel, or change a reservation.
  • » Set up, activate, and modify Customer and Vendor trade agreements.
  • » Understand Customer and Vendor Price/Discount groups.
  • » Set up and use Supplementary items.
  • » Work with sales quotations.
  • » Define various sales quotation functions.
  • » Set up transfer orders.
  • » Create a transfer order.
  • » Pick items before transfer between warehouses.
  • » Transfer items between warehouses.
  • » Set up the elements of a commission agreement.
  • » View commission transactions from a financially updated sales order.
  • » Understand the ABC Inventory Classification System.
  • » Understand how to use the Physical inventory by inventory dimension report.
  • » Understand how to use reports in forecasting sales and purchase expectations.
  • » Understand the Bill of Material Creation Process.
  • » Explain the concepts of BOMs in Microsoft Dynamics AX 2012.
  • » Describe the different BOM forms.
  • » Describe the standard BOM creation process.
  • » Create simple BOMs by using the Bills of Materials form.
  • » Create and edit BOMs by using the BOM designer.
  • » Describe the concept and purpose of BOM versions.
  • » Create BOMs from the Released products list page.
  • » Describe how to activate BOM versions.
  • » Describe how to copy and change BOM versions.
  • » Describe how to use the Bills of Materials form to assign and create BOM versions.
  • » Create and edit BOMs by using the BOM designer.
  • » Describe and create a quantity dependent BOM.
  • » Explain validity dates and sub-BOMs on BOM component lines.
  • » Describe the purpose and advantages of BOM and Item configurations.
  • » Describe the purpose, use, and setup of configuration groups, routes, and rules.
  • » Describe, set up, and use Item configurations.
  • » Explain the BOM calculation structure.
  • » Describe and set up Cost groups, Profit settings, and Calculation groups.
  • » Set up and view costing versions - planned cost and BOM calculations with the Summary and Complete functions.
  • » Explain the Calculation for a costing version form.
  • » Run and review cost and sales price calculations.
  • » Explain BOM calculation Explosion mode and Stop Explosion.
  • » Create a sales order by using a configurable BOM.
  • » View the BOM structure from a sales order.
  • » Explode a BOM from a sales order.
  • » Calculate a BOM from a sales order.
  • » Describe and set up scrap parameters:
  • » Constant and variable scrap on the BOM
  • » BOM calculations by using scrap
  • » Explain and set up measurement configurations:
  • » Consumption calculation
  • » Rounding-up
  • » Measurement dimensions
  • » Conversion factors
  • » Perform BOM calculations by using measurements.
  • » Explain the purpose of reporting a BOM as finished by using the Max. report as finished form.
  • » Access the Report as Finished process, from the following areas:
  • » Periodic folder
  • » Released products list page
  • » BOM journal
  • » Describe standard Microsoft Dynamics AX 2012 reports:
  • » Lines
  • » Where-used
  • » BOM calculations
  • » Describe other BOM functionality:
  • » Changing and Checking BOMs
  • » Sorting BOM lines

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arrow Course Outline

  • Introduction to Trade and Logistics
    1. Logistics and Inventory Management
    2. Logistics and Inventory Features
    3. Information Flow
  • Inventory
    1. Item Groups
    2. Inventory Model Groups
    3. Dimension Groups
    4. The Inventory Dimensions Form
    5. Item Dimension Combinations
    6. Item Setup
    7. Default Order Settings
    8. Units of Measure
    9. Warehouse Management
    10. Item Pricing
  • Purchase Orders and Purchase Order Posting
    1. Working with Purchase Orders
    2. Purchase Order Types
    3. Set up Accounts Payable Parameters
    4. Ship to Multiple Addresses
    5. Purchase Order Posting
    6. Post a Purchase Order
    7. Post a Receipts List
    8. Post a Packing Slip
    9. Post a Purchase Order Invoice
    10. Accounts Payable Invoice Matching
    11. Purchase Order Financial Posting
  • Serial and Batch Numbers
    1. Dimension Group -- Storage Dimensions
    2. Manual Allocation
    3. Automatic Allocation
    4. Tracing
  • Item Arrival and Registration
    1. Item Registration Setup
    2. Item Arrival using the Arrival Overview Form
  • Quarantine Management
    1. Quarantine Warehouse Setup Parameters
    2. Quarantine Item Management
    3. Inventory Transactions on Quarantine Items
  • Vendor Returns
    1. Create Vendor Returns
    2. Create Vendor Returns for Serialized Items
  • Sales Orders and Sales Order Posting
    1. Working with Sales Orders
    2. Sales Order Types
    3. Sales Parameters
    4. Ship to Multiple Addresses
    5. Enhanced Delivery Date Control
    6. Available Ship and Receipt Dates
    7. Order Entry Deadlines
    8. Create a Sales Order in a Multi Time Zone Environment
    9. Direct Delivery
    10. Sales Order Posting
    11. Post a Sales Order Confirmation
    12. Post a Sales Order Picking List
    13. Post a Picking List Registration
    14. Post a Sales Order Packing List
    15. Post a Sales Order Invoice
    16. Post an Invoice Based on Packing Slips
    17. Sales Order Financial Posting
    18. Multisite
    19. Shipping Carrier Interface
  • Sales Order Picking
    1. Item Pick Registration Setup
    2. Automatic Registration of a Pick
    3. Manual Registration of a Pick
    4. Item Pick Registration of Serialized and Batch Inventory
    5. Edit, Reverse, and Split a Pick
    6. Release Sales Order Picking
  • Customer Returns
    1. Set up Customer Returns
    2. Create a Return Order
    3. Item Arrival and Receipt Registration
    4. Quarantine Orders
    5. Replacement Orders
    6. Reports and Statistics
  • Over/Under Delivery and Miscellaneous Charges
    1. Over/Under Delivery
    2. Miscellaneous Charges
    3. Price Miscellaneous Charges
    4. Miscellaneous Charges Codes
    5. Manual Miscellaneous Charges
    6. Automatic Miscellaneous Charges
    7. Landed Cost Miscellaneous Charges
    8. Add Miscellaneous Charges to a Purchase Order Invoice
  • Item Reservations
    1. Why Perform Reservations and What Can You Reserve
    2. Manual Reservations
    3. Automatic Reservations
    4. Automatic Reservations and Selection of Lots
    5. Explosion Reservations
    6. View Reservations
    7. Lock Reservations
    8. Cancel Reservations
    9. Batch Reservation
    10. Picking Reserved items
  • Customer and Vendor Trade Agreements
    1. Set Up Trade Agreements
    2. Activate Trade Agreements
    3. Trade Agreement Parameters
    4. Make Adjustments to Agreements
    5. Supplementary Items
  • Request For Quote
    1. Create a Request For Quote Case
    2. Record Request For Quote Replies
    3. Compare Request For Quote Replies
    4. Accept a Request For Quote
  • Purchase Requisition
    1. Managing Purchase Requisitions
    2. Setting Up Purchase Requisitions
    3. Define User Groups and security Settings for Purchase Requisitions
    4. Purchase Requisition Workflow
  • Sales Quotation
    1. Sales Quotation Setup
    2. Working with Quotations
    3. Various Functions
  • Quality Management
    1. Set Up Quality Management Basics
    2. Set Up Automatic Quality Order Generation
    3. Create a Manual Quality Order
    4. Work with a Non Conformance
    5. Non Conformance Corrections
    6. Quality Reports and Certificates
  • Transfer Orders
    1. Setup of Transfer Orders
    2. Using the Transfer Orders Form
    3. Picking Items For a Transfer Order
    4. Shipping and Receiving a Transfer Order
  • Commissions
    1. Set Up a Commission
    2. View Commission Transactions
    3. Commission Transactions For Return Items
  • Inventory Journals
    1. Set Up of Inventory Journals
    2. Profit/Loss and Movement Journals
    3. Transfer Journals
    4. Bill of Material Journals
    5. Counting Journals
    6. Counting Journal Specific Setup
    7. Creating and Processing a Counting Journal
    8. Tag Counting Journals
  • Inventory Reports
    1. ABC Inventory Classification
    2. Forecasting Reports
  • Bill of Materials Overview
    1. General Overview
    2. Bill of Material Concepts
    3. BOMs/Routes in Multisite Environment
    4. Features of BOMs in Microsoft Dynamics AX 2009
    5. BOM Levels
    6. BOM Lines
    7. BOM Line Type and its Usage
    8. Bill of Material Form Overview
    9. Item Form
    10. BOM Form
    11. BOM Line Form
    12. BOM Designer Form
    13. Bill of Material Creation Process
  • Creating Simple BOMs
    1. Create BOMs in the BOM form
    2. Create and Edit BOMs in the BOM Designer
    3. Using the BOM Designer from the BOM Form
    4. Editing BOMs using the BOM Designer
    5. Deleting BOM Component Lines in the BOM Designer
  • Creating BOMs with Versions
    1. BOM Versions Overview
    2. Version Control Methods
    3. Version Control Using Date and Quantity
    4. Version Control Using Site
    5. Deactivate BOM Versions
    6. BOM/Route Version Assigned to Multiple Items Based on Site
    7. Creating BOMs Using the Item form
    8. Activate Multiple BOM Versions
    9. Activating BOM Versions and Validating Lines
    10. Copy BOM Versions
    11. Copying BOMs
    12. Change BOM Versions
    13. Create BOMs with a Version from the BOM Form
    14. Create BOMs with Versions in the BOM Designer
    15. Overview of the BOM Designer Functionality
    16. Quantity Dependent BOMs
    17. Working with Validity Dates and Sub-BOMs on Component Lines
    18. Validity Dates of BOM Lines
    19. Using Validity Dates
    20. Sub-BOMs on Component Items
  • Working with BOM and Item Configurations
    1. BOM Configurations
    2. Configuration Groups
    3. Configuration Route
    4. Configuration Rule
    5. Item Configuration
    6. Item Configuration Prerequisites
  • Working with BOM Calculations
    1. BOM Calculation Structure
    2. Cost Breakdown
    3. Cost Groups, Profit Settings, and Calculation Groups
    4. Cost Groups
    5. Profit Settings
    6. Cost Breakdown Calculation Groups
    7. Setup of Costing Version
    8. Use of Costing Version
    9. Cost Data Maintenance
    10. Item Price Form
    11. BOM Calculation Form
    12. Summary Function
    13. Complete BOM Calculation Form
    14. Cost and Sales Price Calculations
    15. Access Cost and Sales Price Calculation Form
    16. BOM Calculation Form Accessed from the Item Form
    17. BOM Calculation Form Accessed from the Periodic Folder
    18. Explosion Mode and BOM Stop Explosion
    19. Explosion Mode Options
    20. Explosion Mode
  • Sales Orders and BOMs
    1. Configurable BOMs and Sales Orders
    2. Viewing BOMs on a Sales Order
    3. View BOMs using the Composed of -- Tree Form
    4. Designer Tab
    5. Setup Tab
    6. Changing BOM Components from the Sales Order
    7. Explode a BOM from a Sales Order
    8. Calculate BOMs from a Sales Order
    9. Transfer BOM Calculation Prices and Quantities
    10. Transfer Quantities
  • Scrap and Measurement
    1. BOM Scrap
    2. Specifying Scrap
    3. Scrap Setting on the BOM
    4. Scrap and Calculation
    5. BOM Measurement
    6. Setting up Measurement Configuration
    7. Rounding-up
    8. Measurement Settings
    9. Measurement Conversion Factors
  • Report a BOM as Finished
    1. Report a BOM as Finished
    2. Max. Report as Finished Form
    3. Sub-BOMs
    4. Report as Finished Process
    5. Report as Finished from the Periodic Folder
    6. Report as Finished from the Item Form
    7. Report as Finished from the BOM Journal
  • Reports and Other BOM Functionality
    1. Standard BOM Reports
    2. Lines Report
    3. Where-used Report
    4. Where-used Inquiry from the Item Form
    5. Where-used Inquiry from the BOM Line Form
    6. BOM Calculation Report
    7. Other BOM Functionality
    8. Changing BOMs
    9. Checking BOMs
    10. Sorting BOM Lines

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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.
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Course(s) Taken

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

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