MOC-8384 Navision 4.0 Financials: Financials I

Microsoft Business Solutions–Navision Financial Series I

Moc 8384

Introduction

The 2.5-day Microsoft Business Solutions–Navision® Financial Series I course explores activities required to handle key financial functions within the organization such as the development of Posting Groups and Dimensions, the management of VAT, Journal development and transactions, the General Ledger and Receivables and Payables Management.

Audience

Customers wishing to learn the basic features and to develop a working knowledge of the typical day-to-day procedures required to effectively use Microsoft Navision Financials Series I activities.

The class is targeted toward financial and accounting individuals and others in organizations that are responsible for the setup, administration, and execution of financial and accounting activities, policies and procedures.

At Course Completion

After completing this course, students should understand:

•

Develop and use Posting Groups

•

Set up and utilize Dimensions

•

Manage VAT accounting and reporting

•

Use Journals and Batches

•

Maintain and work with the General Ledger

•

Understand Receivables Management

•

Understand Payables Management

Prerequisites

Before attending this course, students must have:

•

General knowledge of Microsoft Windows®

•

The ability to use Navision financials for financials processing

In addition, students should have:

•

Basic knowledge of accounting principles and procedures

Course Outline

Introduction

•

Introduce students to the Microsoft Navision Financial Series I training course

•

Class guidelines and administrative details

Chapter 1: Posting Groups

•

Specific Posting Groups

•

General Posting Groups

•

General Posting Setup

•

VAT Posting Groups

•

Determining Posting Groups

•

Posting Transactions to the General Ledger

Chapter 2: Dimensions Setup

•

Dimensions and Dimension Values

•

Dimension Combinations

•

Default Dimensions

•

Default Dimension Priorities

Chapter 3: VAT & Intrastat

•

VAT Setup

•

Manual VAT Calculations in Journals

•

VAT Calculations in Sales and Purchase Documents

•

Import VAT

•

VAT Corrections

•

VAT Reporting

•

VAT Settlement

•

Unrealized VAT and Payment Discount VAT Adjustments

•

Intrastat Reporting

Chapter 4: Journals

•

Journals and Batches

•

Recurring Journals

•

Posting Corrections in General Journals

Chapter 5: General Ledger

•

General Ledger Setup

•

The Chart Of Accounts

•

Banking

•

Budgets

•

Analyzing Receivables

•

Applying Customer Ledger Entries

•

Applying Customer Ledger Entries in Foreign Currencies

•

Unapplying Customer Ledger Entries

•

Reversal Of Journal Postings

•

Payment Discounts

•

Payment Tolerances

•

Reminders and Finance Charge Memos

Chapter 7: Payables Management

•

Payment Journals

•

Payment Discounts

•

Voiding Checks

•

Unapply Vendor Ledger Entries

•

Reversal of Vendor Journal Postings