Finance Advanced in Microsoft Dynamics NAV 2013 Training

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Finance Advanced in Microsoft Dynamics NAV 2013 training explains the usage of advanced financial functions. The training focuses on intrastat reports, VAT rate change process, multicurrency usage, and cash flow forecast. Aspirants will also study how to create, export, and import the budgets. The process of cost accounting, financial reporting along with XBRL (Extensible business reporting language) is also discussed. The training also prepares you to write the certification exam.

Upon the completion of the training you will hold the following capabilities:

  • Setup, run, and submit Intrastat reports
  • Demonstrate VAT rate change process
  • Deal with foreign currencies and exchange rates for processing sales and purchase transactions in the cash receipts journal and other documents
  • Identify the G/L budgets page elements and create budgets using Copy Budget, Export Budget and Import Budget functions
  • Understand the setup process and workflow in cost accounting
  • Create Cash Flow Forecast, Cash Flow schedule and set up different analysis views
  • Familiarity with XBRL terminology and export XBRL lines
Target audience
  • Candidates involved in the selling and implementation of the finance module.
Prerequisites

The intended candidates for this training must have the following skills:

  • Knowledge of accounting principles and procedures
  • Completed course 80439A: Introduction in Microsoft Dynamics NAV 2013
  • Completed course 80435A: Application Setup in Microsoft Dynamics NAV 2013
Exams

After being trained on the above skills, to get official Microsoft Dynamics NAV 2013 certification you can attempt for MB7-701 exam

Finance Advanced in Microsoft Dynamics NAV 2013 training explains the usage of advanced financial functions. The training focuses on intrastat reports, VAT rate change process, multicurrency usage, and cash flow forecast. Aspirants will also study how to create, export, and import the budgets. The process of cost accounting, financial reporting along with XBRL (Extensible business reporting language) is also discussed. The training also prepares you to write the certification exam.

Upon the completion of the training you will hold the following capabilities:

  • Setup, run, and submit Intrastat reports
  • Demonstrate VAT rate change process
  • Deal with foreign currencies and exchange rates for processing sales and purchase transactions in the cash receipts journal and other documents
  • Identify the G/L budgets page elements and create budgets using Copy Budget, Export Budget and Import Budget functions
  • Understand the setup process and workflow in cost accounting
  • Create Cash Flow Forecast, Cash Flow schedule and set up different analysis views
  • Familiarity with XBRL terminology and export XBRL lines
Target audience
  • Candidates involved in the selling and implementation of the finance module.
Prerequisites

The intended candidates for this training must have the following skills:

  • Knowledge of accounting principles and procedures
  • Completed course 80439A: Introduction in Microsoft Dynamics NAV 2013
  • Completed course 80435A: Application Setup in Microsoft Dynamics NAV 2013
Exams

After being trained on the above skills, to get official Microsoft Dynamics NAV 2013 certification you can attempt for MB7-701 exam

Finance Advanced in Microsoft Dynamics NAV 2013 Training Course Content

Course 80535A: Finance Advanced in Microsoft Dynamics NAV 2013

1: Intrastat

  • Set up Intrastat
  • Report Intrastat

2: VAT Rate Change Tool

  • Prepare for VAT Rate Change Tool
  • Set Up Using VAT Rate Change Tool
  • Perform VAT Rate Conversions

3: Multicurrency

  • Currency Card and Exchange Rates
  • Set Up Multicurrency for Customers, Vendors, and Bank Accounts
  • Lesson 3-5: Process Documents and Journals
  • Adjust Exchange Rates Batch Job for Customers, Vendors, and Bank Accounts
  • Lesson 7-9: Reporting Currency
  • View the Exchange Rate Adjustment Register
  • Summary of Currency Exchange Rates

4: Budgets

  • Lesson 1-3: Creating Budgets
  • Copying Budgets
  • Exporting and Importing Budgets

5: Cost Accounting

  • Workflow in Cost Accounting
  • Setting Up Cost Accounting
  • Cost Entries
  • Cost Budgets
  • Cost Allocation
  • Cost Accounting History
  • Cost Accounting Reporting
  • Tips and Tricks

6: Cash Flow Forecast

  • Functions of the Cash Flow Forecast
  • Setting Up Cash Flow Forecasts
  • Creating Cash Flow Forecasts
  • Cash Flow Forecast Reporting

7: Financial Reporting and Analysis

  • Analyze the Chart of Accounts
  • Account Schedules
  • Analysis by Dimensions
  • Export Analysis Views to Microsoft Excel
  • Dimension-Based Reports
  • Combine Analysis Views with Account Schedules
  • Finance Performance Charts

8: XBRL

  • XBRL Terminology
  • XBRL Specifications and Taxonomies
  • Work with Linkbases
  • Enter XBRL Line Definitions
  • Export the XBRL Lines

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