AX 2012 Finance Training Course Overview

If you’ve been considering the Microsoft Dynamics AX Finance course of late, to better use your Microsoft Dynamics AX or maybe to increase the productivity of your employees working on it, here is a detailed course overview.

About AX 2012 Finance Course

This course is aimed at understanding the basic functionality of Microsoft Dynamics AX Finance. Trainees will be introduced to a wide range of concepts in Accounts Payable, General Ledger, Accounts Receivable and Bank module and how and where to enter transactions in each of them.

On completion of the course, the trainees will be able to perform all of the following:

1. Create a General Ledger

2. Create Chart of Accounts

3. Create Journals

4. Enter transactions in the right accounts

5. Create Components of Sales Tax

6.Create Reason Codes to use Fill Utility

7.Create Bank Parameters and Bank Accounts

8.Enter different kinds of bank transactions

9.Create Accounts Payable Account and enter respective transactions

10.Create Accounts Receivable and enter respective transactions

Course Modules and Chapters [Information courtesy:]

Module 1: 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

Module 2: Setting Up Chart of Accounts

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

Module 3: Setting Up Journals

1. Journal Setup

2. Journal Controls

3. Journal Descriptions

4. Balance Control Accounts

5. General Ledger Parameters

Module 4: Daily Procedures of General Ledger

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

Module 5: Setup of Sales Tax Account

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

Module 6: Features of Finance

1. Financial Reason Codes

2. Fill Utility

Module 8: Daily Procedures of Bank & Cash Management

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

Module 9: Setup of Accounts Payable

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

Module 10: Daily Procedures of Accounts Payable

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

Module 11: Setup of Accounts Receivable

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

Module 12: Daily Procedures of Accounts Receivable

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

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