Target group

The course is for anyone who will be working with Dynamics 365 Business Central on a functional or financial operational level.

Description

This course offers you the basic knowledge and skills one needs to know before starting a new Dynamics 365 Business Central company or administration. Either manually or using the Rapid Start Services combined with the available application settings. In addition, the ERP concept will be explained in relation to the basic financial setup and procedures in Microsoft Dynamics 365 Business Central and the resulting financial transactions. Therefore, the most important processes and process steps in the finance module of Microsoft Dynamics 365 Business Central will be covered in relation to the connected steps in other modules.

Preliminary Knowledge

We assume that you are familiar with, or have practical experience with (financial) administration or ERP in general. Following the Dynamics 365 Business Central Introduction (BC-INT) is recommended for a smooth understanding of the topics in this training. Experience with Microsoft Excel is an advantage. In addition, our training 'Finance, how and what' is recommended as a preparation for this training.

Contents

  • What is ERP compared to generic accounting software?
  • General Journals and Batches
  • Processing periodic transactions
  • Corrections and Finance
  • Year end closing of a fiscal year
  • Using Foreign Currencies
  • Sales process and invoice processing
  • Purchasing process and invoice processing
  • Bank transaction processing in NL or W1 functionality
  • Setting up and executing payment options
  • Bank statement processing
  • Processing payment differences
  • Setup and creating reminders
  • Customer Prepayment options