This 15-hr course provides students with the tools to set up the financial management application area. The focus is on the key financial functions within the organization such as the Cash Management, the management of VAT, Journal development and transactions, the General Ledger, and Receivables and Payables Management. Additional advanced financial functions are explored such as multi-currency, budgets and financial reporting.
This course is intended for individuals that plan on implementing the Finance module. The typical student has an ERP background and has a basic understanding of accounting principles.
Our current on-demand training content was recorded in 2019 and based on Microsoft’s latest approved training material at that time. There are several options in setting up a training environment for this course. The preferred option is to use a Trials instance of Business Central from Microsoft, found at http://trials.dynamics.com. This environment will always showcase the latest version of Business Central available, however the sample data may not be the same as found in this training material and the User Interface may not always be the same as the video depicts. Qixas can also supply access to a demo Virtual Machine, although this must be requested in advance. If you have access to a Sandbox environment, that can work as well.
Key concepts covered include:
- Finance Management Setup
- Chart of Accounts
- General Journals
- Cash Management
- Bank Reconciliation
- Payment discounts and payment tolerance
- Reminders and Finance Charge Memos
- Year end closing procedures