Advanced Financial in Microsoft Dynamics AX 2012 R3 Public Sector

This course discusses Advanced Financial in Microsoft Dynamics AX 2012 R3 Public Sector
SKU: 95100
¥14,268

DEMO: This is a sample video of this course.

Course Length: 04 Hours 04 Minutes 45 Seconds

Course Outline

Commitment Accounting and Complete Budget Control in Microsoft Dynamics AX 2012 R3 Public Sector

This course prepares you for Microsoft Dynamics AX 2012 R3 Finance and Public Sector Certification Exam.

This module discusses the following topics:

At Course Completion
The goal of this course is to enable students to:

  • Describe requirements of the public sector industry, including dimensions, budgeting, encumbrance and procurement; describe features of the Microsoft Dynamics AX 2012 Public Sector module; verify the Microsoft Dynamics AX 2012 Public Sector license
  • Describe General Ledger setup concepts, set up fiscal calendars and a fiscal year, set up posting definitions, configure account structures
  • Describe financial dimensions, create a financial dimension and a fund entity
  • Plan a Chart of Accounts, set up accounts in the Chart of Accounts, create bank accounts, assign a fund entity to an account
  • Explain, activate, and perform budget control; set up and configure budget control parameters; set up over-budget permissions; define the budget funds available calculation; select source documents, journals, and main accounts for budget control; assign budget models; define budget control rules; define budget groups and message levels; enable budget appropriations; describe the execution of budget reservations
  • Create budget register entries, allocate budget amounts across dimension values and periods
  • Describe budgeting terms and basics, revise a budget, transfer a budget, view the status and history of budget register entries
  • Post, reverse, and perform budget control on a provisional budget; define an apportionment budget code; create and perform budget control on an apportionment budget
  • Describe the Actual versus budget report, Budget funds available report, Budget details report, Budget control account detail history report, and Budget control activity by project report
  • Distribute line amounts across ledger accounts; describe the setup of advanced ledger entries; create, preview, and post advanced ledger entries
  • Set up encumbrance year-end processing options, define close and open transaction posting definitions for encumbrance year-end processing, define a default encumbrance year-end process for a specific fund
  • Describe general ledger year-end processes, set a closing type on accounts, define close and open transaction posting definitions for general ledger year-end processing, process nominal accounts and ending balances of real accounts
  • Run the year-end purchase order process
  • Assign a new DUNS+4 number, disburse invoice payments to multiple vendor bank accounts
  • Describe the features of billing codes, create a billing code, create a free text invoice using a billing code, create a billing classification, associate a billing code with a billing classification, set a classification settlement order
  • Post and print a free-text or recurring invoice by billing classification; enter a customer payment by selecting a billing classification; create a payment proposal based on a selected billing classification; generate reimbursement transactions, interest notes, and collections letters by billing classification; assign a collection letter policy to a billing classification
  • Set up posting definitions for invoice settlements, settle a free text invoice against a payment, settle a transaction write-off for a customer
  • Assign a trading partner code, assign an agency location code (ALC), assign a 1099-C indicator, prevent customer duplication by using a Government Identification Number (GIN)
  • Generate accounts receivable reports, generate customer reports, generate and set up a cover page for a payment approval report, generate budget control reports
  • Create a category hierarchy, associate a derived financial hierarchy, slice by using the derived financial hierarchy dimension