Microsoft Dynamics AX 2012 Financials R3 Exam Prep

SKU: 70000
This course demonstrates of the Microsoft Dynamics AX 2012 R3 Finance Modules. This course prepares you for Dynamics AX 2012 R3 Finance Exam.
  • subtitles Full description

    DEMO: This is a sample video of this course.


    Course Length: 10 Hours 12 Minutes 17 Seconds
    The paid version of this course contains videos of following topics: 

    Course Outline

    Module 1: Creating and Modeling a Legal Entity
    create a new legal entity; create organizational units and hierarchies; create number sequences

    Module 2: Setup General Ledger

    Create a chart of accounts; create and categorize main accounts; identify main account types; create financial dimensions and dimension sets; configure account structures; create advanced rule structures; Set up currencies, currency types, and exchange rates; create reason codes; define journal names; define General Ledger parameters; create system accounts; create fiscal calendars, years, and periods

    Module 3: Setup Cash and Bank Management

          Define cash and bank management and procedures
                Create bank transaction types and groups; define bank parameters; create payment purpose codes, bank groups, and bank accounts; define check layouts

    Module 4: GL Daily Procedures

          Set up the General Ledger, chart of accounts, and journals

    Create a General Ledger journal, post multiple journals, approve journals, create a voucher template, create a periodic journal, reverse a General Ledger transaction, manage journal transaction inquiries and reports, create journal controls, revalue foreign currency; create journal texts; Checks and deposit slips,  manage bank remittance and payment reversals,

    Module 5: AP and AR Setup

    Create payment schedules and terms, create a payment day, define cash discounts and payment fees, create payment methods, create vendor accounts, create vendor groups, define vendor posting profiles, assign a vendor posting profile, form setup and print management, define matching policies and tolerances, create charges and charge groups, create ledger posting groups; Set up bridge accounts, manage electronic vendor and customer payments, manage centralized payments and prepayments (deposits), administer a bill of exchange, manage direct debit mandates

    Module 6: Accounts Payable Daily Procedures

    Checks and deposit slips, void and refund checks, manage bank remittance and payment reversals, Create vendor invoices, create invoice journals, revalue foreign currency, generate vendor payments, manage vendor postdated checks, void and refund checks

    Module 7: Accounts Receivable Daily Procedures

    create sales tax authorities; create sales tax settlement periods; create sales tax codes; create sales tax groups; set up item sales tax groups; set up a sales tax jurisdiction, post a sales tax payment, Create customer invoices, create free text invoices, apply customer payments; create date intervals;

    Module 8: Ledger Allocation and Accural

    define allocation rules and allocation basis;

    Module 9: Budget Control and Management

    This module discusses the following topics:

             Create basic budgets
                Define budget dimensions, create budget models and codes, create budget register entries, define and create encumbrances, manage purchase order encumbrances, process year-end purchase orders

            Control budgets
                Plan for budget controls; identify budget control components; set up, create, and revise budgets; define the budget funds available calculation; define budget cycles; create budget control rules and budget groups; manage budget reporting; manage integrated budgeting; create budget transfers

    Module 10: Budget Planning

    This module discusses the following topics:

    Plan budgets

                Identify budget components, identify budgeting methodologies, create organizational hierarchies, define budget stages, define budget allocation terms, configure budget plans, configure budget allocation schedules, configure support for budget planning templates

    Module 11: Cash Flow Management and Forecast

         Manage commitment accounting and cash flow
                Configure dependent ledger accounts, set up cash flow forecasting, define a cash flow forecast budget model, create and calculate cash flow transactions

    Module 12: Intercompany Accounting

    set up intercompany accounting;

    Module 13: Configure and manage Fixed Assets

    This module discusses the following topics:

           Configure the Fixed Assets module
                Set up the Fixed Assets module, create value models, create Fixed Asset groups, set up Fixed Asset parameters, manage reason codes in the Fixed Assets module, manage depreciation methods and conventions, manage depreciation books, manage provision types and bonus depreciation, update depreciation conventions for a depreciation book, set up depreciation profiles

            Set up assets
                Identify Fixed Assets module components; manage Fixed Asset forms; set up assets in the Fixed Assets module; lend assets; assign bar codes to assets, budget assets; integrate other modules with Fixed Assets

            Manage asset transactions
                Identify typical Fixed Asset transaction types; record acquisitions and acquisition proposals; create and acquire Fixed Assets from purchase orders; record depreciation, value adjustments, and disposals; manage transaction reversals; manage replacement costs and update insured values; copy Fixed Assets and change Fixed Asset groups; manage Fixed Asset additions

    Module 14: Bank Reconcillation, Customer Refund, Financial Statements, Consilidation and Year End
            process financial consolidation, print financial statements, perfom consolidation, process year end closing; reconcile a bank account, manage customer collections, define aging periods, refund checks
    Before attending this course, students must have a working knowledge of the following products:
        Accounting 101 (from Guide To Learn)

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

    Cover topics from three training materials; Financial I, II and the Fixed Asset. These workshops intended to be used for all tracks include, but are not limited to: Financial, supply chain, functional, technical and development tracks. This course prepares you for Microsoft Dynamics AX 2012 R3 Finance Certification Exam MB6-702.