Microsoft Dynamics NAV Financials Accelerated Boot Camp

Our five day boot camp is the most effective way to learn Microsoft Dynamics NAV  in a classroom environment.These courses condense 7 days worth of Microsoft Official Curriculum into a 5-day class in order to deliver the best quality training in the shortest time frame. 

The following courses will be included in the boot camp:

  • Course 80435A: Application Setup in Microsoft Dynamics NAV
  • Course 80534A: Finance Essentials in Microsoft Dynamics NAV 
  • Course 80535A: Finance Advanced in Microsoft Dynamics NAV 

We will not be covering the content in the following courses, but the courseware will be included:

  • Course 80434A: Fixed Assets in Microsoft Dynamics NAV  
  • Course 80439A: Introduction to Microsoft Dynamics NAV 

Course 80435A: Application Setup in Microsoft Dynamics NAV 

This course provides students with the tools to implement and maintain cross-application setup data after the system components are installed. The focus is on the application-oriented work involved in setting up and maintaining company-wide rules, data, and users.

Audience Profile

This course is intended to a partner that sells and implements the Finance module to customers. The typical partner has an ERP background and has a basic understanding of accounting principles.

At Course Completion

After completing this course, students will be able to:

  • Explain and demonstrate all tasks in a RapidStart Services process.
  • Create a configuration worksheet, package, questionnaire and configuration template.
  • Initialize a new company with a configuration package.
  • Explain how authentication works in Microsoft Dynamics NAV.
  • Manage security for Windows client users.
  • Apply security filters in Microsoft Dynamics NAV.
  • Create, assign, and work with user profiles.
  • Create general journal templates and general journal batches.
  • Explain and set up specific posting groups.
  • Explain and set up VAT posting groups.
  • Explain and set up global and shortcut dimensions.
  • Explain and show how dimension combinations are set up.
  • Set up the general features of the document approval system.

Course 80534A: Finance Essentials in Microsoft Dynamics NAV

This course provides students with the tools to set up the financial management application area. The focus is on the key financial functions within the organization such as the Cash Management, the management of VAT, Journal development and transactions, the General Ledger, and Receivables and Payables Management.

Audience Profile

This course is intended for a partner that sells and implements the finance module to customers.  The typical partner has an ERP background and is strong in accounting principles.

At Course Completion

After completing this course, students will be able to:

  • Explain and set up the fields on the General Ledger Setup window.
  • Explain and set up Accounting Periods.
  • Create and post general journal entries.
  • Describe recurring general journals and include the fields and allocations.
  • Show how to enter and post payments received from customers, by using cash receipt journals.
  • Show how to enter and post payments to vendors by using the payment journal.
  • Review the Bank Account Reconciliation window and the options for populating the bank reconciliation lines.
  • Set up Microsoft Dynamics NAV  to use payment discounts.
  • Set up Microsoft Dynamics NAV  to use finance charge memos.
  • Explain the Prices Including VAT fields on sales and purchase documents.
  • Explain how to adjust calculated VAT amounts in sales and purchase documents and journals.
  • Close the accounting periods for the fiscal year.
  • Explain and run the Close Income Statement batch job process.

Course 80535A: Finance Advanced in Microsoft Dynamics NAV 

This course provides students with the tools to set up the financial management application area. The focus is on the advanced financial functions within the organization such as multicurrency, cost accounting, cash flow forecast, and the VAT rate change tool. Furthermore, this course focuses on internal reporting and analysis functionality, in addition to the means for sharing data outside of the Microsoft Dynamics NAV environment, either through XBRL—a language for tagging financial data—or by exporting data to Microsoft Office Excel 2010.

Audience Profile

This course is intended for a partner that sells and implements the finance module to customers. The typical partner has an ERP background and is strong in accounting principles.

At Course Completion

After completing this course, students will be able to:

  • Set up Intrastat for use in Microsoft Dynamics NAV .
  • Explain and demonstrate the preparation of the VAT rate change process.
  • Explain setup requirements using multiple currencies with customers, vendors, and bank accounts.
  • Describe steps and additional functionality for processing purchase and sales documents that use foreign Currency.
  • Describe how to run the Adjust Exchange Rates batch job for customers, vendors, and bank accounts.
  • Explain set up, viewing amounts, daily processing, and periodic processes when using an additional reporting currency.
  • Explain and set up Chart of Cost Types, Chart of Cost Centers, Chart of Cost Objects, and Cost Accounting Setup.
  • Explain how to create cost entries either through a transfer from G/L entries or through posting the cost journal.
  • Explain and set up cost budgets by using different copy functions.
  • Explain how to set up an account schedule and explain other processes that relate to account schedules.
  • Show how to generate analysis by dimensions and other dimension analysis reports.
  • Show how to set up a Finance Performance chart.

Courses Not Covered in Boot Camp

Course 80434A: Fixed Assets in Microsoft Dynamics NAV  

This course provides students with the knowledge and skills to set up all aspects the Fixed Assets granules available for Microsoft Dynamics NAV . This course demonstrates how to set up Fixed Assets, how to perform a wide variety of Fixed Asset transactions, as well as how to handle reclassification, maintenance, and insurance where Fixed Assets are concerned.

Audience Profile

This course is intended partners wanting to learn how to set up Fixed Assets in Microsoft Dynamics NAV for their customer. For sales people, consultants, and implementers who need to understand the technical aspects of Microsoft Dynamics NAV2009 Fixed Assets and gain foundational knowledge of the application functionality.

After completing this course, students will be able to:

  • Set up Fixed Assets.
  • Perform a variety of Fixed Asset transactions.
  • Reclassify Fixed Assets.
  • Handle maintenance of their Fixed Assets.
  • Handle insurance on their Fixed Assets.

Course 80439A: Introduction in Microsoft Dynamics NAV 

This course examines the basic concepts of Enterprise Resource Planning (ERP), how to personalize the user interface and how to navigate in Microsoft Dynamics NAV . This course also covers typical user tasks in common application areas, such as Finance, Inventory, Purchases, and Sales.

Audience Profile

This course is intended for a partner that sells and implements the Introduction module to customers.  The typical partner has an ERP background and is strong in accounting principles.

After completing this course, students will be able to:

  • Explain the concept of ERP and Microsoft Dynamics NAV .
  • Describe the most important features of ERP and Microsoft Dynamics NAV. 
  • Explain the different components of the ribbon.
  • Explore the navigation pane.
  • List the information that is available on the status bar.
  • Explain how to use the list page, card page.
  • Explore the Role Center.
  • Explain how to Customize Microsoft Dynamics NAV user interface (UI).
  • Browse and customize the list places.
  • Change the look of windows in the program and use function keys and basic keyboard shortcuts.
  • Obtain selected information from Microsoft Dynamics NAV, by using zoom, reports, sorting, search, Filters, FactBoxes, and navigation functions.
  • Integrate Microsoft Dynamics NAV with other Microsoft Office products, such as OneNote, Word, and Excel.
  • Describe the posting process within Microsoft Dynamics NAV.
  • Explain how to use G/L account cards.
  • Outline the purpose and functions of the Chart of Accounts page.
  • Explain how to use customer, vendor and item cards.
  • Outline a complete sales process and how it connects to other application areas.
  • Create a purchase order. Process the receipt and invoicing of goods.
  • Create, post, and review sales orders.
  • Process the shipment and invoicing of goods.
  • Explain the web services support in Microsoft Dynamics NAV .
  • Provide an overview of the Microsoft Dynamics NAV Development Environment.
  • Review features for human resource management.

Course ID: QIX1154
Duration: 5 Days
Price: $3950.00


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