Description
This course provides knowledge and insight into the financial management application setup process. The focus is on advanced financial functions within the organization such as Intrastat, multicurrency, cost accounting, cash flow forecast, E-Services and document management, budgets, XBRL, financial reporting, and the VAT rate change tool.
What are the goals for this course?
Setup Intrastat
Create posting groups for VAT rate change
Send electronic documents
Setup multicurrency
Adjust exchange rates
Process payments and cash receipts
Setup cost allocations
Static and dynamic allocations
Setup a cash flow forecast
Analyze the chart of accounts
Define XBRL
Export XBRL lines
What are the prerequisites to consume this course?
General knowledge of Microsoft Office
Basic understanding of accounting
81242. Financial Essentials in Microsoft Dynamics 365 Business Central
Module 01: Multicurrency
- Currencies and the Currency Card
- Currency Exchange Rates
- Exchange Rate Services
- Set Up Multicurrency for Customers, Vendors, and Bank Accounts
- Process Sales and Purchase Documents
- Process a Purchase Invoice
- Adjust Exchange Rates Batch Job
- Adjust Exchange Rates for Customers, Vendors, and Bank Accounts
- Process Payments and Cash Receipts
- Post a Payment in a Foreign Currency
- Additional Reporting Currency
- Set Up Additional Reporting Currencies
- Adjust Exchange Rate Batch Job for G/L Accounts
Module 02: Budgets
- General Ledger Budgets
- Create Budgets Manually
- Copying Budgets
- Exporting and Importing Budgets
- Exporting and Importing Budgets Using Excel
Module 03: Cost Account
- Cost Accounting versus General Ledger Accounting
- Workflow in Cost Accounting
- Master Data in Cost Accounting - Cost Types
- Creating Cost Types
- Master Data in Cost Accounting - Cost Centers
- Creating Cost Centers
- Master Data in Cost Accounting - Cost Objects
- Creating Cost Objects
- Cost Accounting Setup
- Cost Entries
- Transfer G/L Entries to CA
- Cost Journals
- Using Cost Journals
- Cost Budgets
- Using Cost Budgets
- Cost Allocations
- Cost Allocation - Static Allocations
- Cost Allocation - Dynamic Allocations
- Allocate Costs
- Cost Accounting Reporting
Module 04: Cash Flow Forecast
- Cash Flow Forecast Overview
- Assisted Setup
- Setting Up Cash Flow Forecasts
- Creating Cash Flow Forecasts
- Cash Flow Manual Revenues and Expenses
- Cash Flow Worksheet
- Cash Flow Forecast Reporting
- Cash Flow Forecast Chart
Module 05: Financial Reporting and Analysis
- Analyze the Chart of Accounts
- Account Schedules
- Creating Account Schedule Lines
- Account Schedules - Column Layout
- Account Schedules Output
- Account Schedules - Filter with Dimensions
- Analysis by Dimensions
- Combine Analysis Views with Account Schedules
- Financial Statements
- Setting Up Financial Statements
Module 06: E-Services and Document Management
- Incoming Documents
- Creating Manually Incoming Documents
- OCR Service
- Setting Up the OCR Service
- Use OCR to Turn PDF and Image Files into Electronic Documents
- Exchanging Data Electronically
- Document Sending Profiles
- Sending and Receiving Electronic Documents - Setup
- Sending Electronic Documents - Usage
- Setting Up a Tradeshift Account
- Send and Receive Electronic PEPPOL Documents with a Provider
Module 07: Intrastat
- What is Intrastat?
- Set Up Intrastat
- Process Intrastat in Sales and Purchases
- Report Intrastat
Module 08: VAT Rate Change Tool
- Preparation for VAT Rate Change Tool
- Using the VAT Rate Change Tool
Module 09: XBRL
- XBRL Terminology
- XBRL Specifications and Taxonomies
- Work with Linkbases
- Enter XBRL Line Definitions
- Export the XBRL Lines
- Finance