• Explain the fields on the General Ledger Setup window.
  • Explain and set up Accounting Periods.
  • Explain and set up Trail Codes, Source Codes, and Reason Codes
  • Explain and set up specific posting groups
  • Explain and set up general posting groups
  • Create a general posting setup
  • Create an inventory posting setup
  • Explain and set up VAT posting groups
  • Create a VAT posting setup
  • Review additional VAT posting setup
  • Review posting setups based on the chart of accounts
  • Demonstrate how posting groups direct a sales transaction
  • Explain and set up dimensions and dimension values
  • Explain the different dimensions types: Global, Shortcut, and Budget
  • Explain and demonstrate how dimension combinations are set up
  • Explain and demo the three levels of default dimensions, including single, multiple, and account type
  • Explain the purpose of default dimension priorities
  • Demonstrate the use of default dimension priorities in general journals
  • Explain the purpose and organization of journal templates and journal batches.
  • Create general journal templates and general journal batches
  • Explain and Setup Payment Terms
  • Explain and Setup Payment Methods
  • Explain the use of the Chart of Accounts.
  • Explain the elements of the G/L Account Card.
  • Explain the Chart of Account elements.
  • Explain the Budgets feature in Microsoft Dynamics NAV
  • Explain the G/L Budgets page elements.
  • Demonstrate the process of setting up budgets manually
  • Explain additional budget processes, such as deleting budget entries.
  • Explain the process of creating budgets by using the Copy Budget function.
  • Explain the process of creating budgets by using the Export Budget and Import Budget functions.
  • Explain the General Journal entry and posting system.
  • Create and post General Journal entries.
  • Describe Recurring Journals, including fields and allocations.
  • Demonstrate how to use Recurring Journals with allocations and how to record accruals.
  • Explain the process of reversing and correcting journal entries.
  • Explain the affects of the Prices Including VAT settings on sales and purchase documents.
  • Explain the process of adjusting calculated VAT amounts in sales and purchase documents and journals.
  • Demonstrate the process of recording Import VAT.
  • Describe and demonstrate the process of correcting a posted VAT entry.
  • Explain, create, and print a VAT Statement.
  • Explain and run the Calc. and Post VAT Settlement batch job.
  • Explain the requirements of reporting Intrastat.
  • Set up Intrastat for use in Microsoft Dynamics NAV
  • Explain the process of running and submitting Intrastat reports.
  • Describe types of dimensions and dimension entry in journals and documents
  • Explain and demonstrate how to view posted dimension information
  • Describe the pages related to analysing financial information and explain the analysis views setup
  • Explain how to generate and print dimension analysis reports
  • Describe filtering and analysis pages related to the Chart of Accounts.
  • Demonstrate setting up an account schedule and explain other processes relating to account schedules.
  • Explain how to set up and use sales and purchase analysis reports.
  • Describe and demonstrate how to perform analysis by dimensions.
  • Explain how to create and export budgets and use them in analysis reports.
  • Explain and Set-up Bank Account Posting Groups
  • Describe the Bank Account Card.
  • Demonstrate the process for entering and posting payments received from customers.
  • Demonstrate the process for entering and posting payments to vendors.
  • Explain and demonstrate the process of financially voiding a check.
  • Review the Bank Account Reconciliation window and the options for populating the bank reconciliation lines.
  • Demonstrate how to process a bank reconciliation.
  • Explain the required setup in the consolidated company and subsidiaries to perform consolidation.
  • Explain and set up Business Units and the Business Unit Cards.
  • Create Dimensions in Consolidations
  • Explain the process of exporting data from business units located in other databases.
  • Explain the processes of testing consolidation data from business units.
  • Explain and run the batch jobs used to process consolidation.
  • Explain and demonstrate the process of preparing and posting consolidation elimination entries.
  • Explain and run consolidation reports after the consolidation is completed.
  • Explain setup requirements for currencies and exchange rates when using multiple currencies.
  • Explain setup requirements using multiple currencies with Customers, Vendors, and Bank Accounts.
  • Review steps and additional functionality for processing Purch and Sales docs that have foreign currency.
  • Review steps and additional functionality when recording and posting multicurrency trans in the Cash Receipts Journal.
  • Review the steps for processing multicurrency payments using the Payments Journal.
  • Review the process of running 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 the process of consolidations with companies using different currencies.
  • Review the IC feature and prepare the database to complete Intercompany Postings.
  • Explain the IC Partner Card and the process of setting up an intercompany partner.
  • Assign an IC partner to a customer and/or vendor.
  • Set up the centralized IC Chart of Accounts to be used for IC transactions.
  • Set up the centralized IC dimensions to be used for IC transactions.
  • Explain the IC Outbox and IC Inbox used to transfer IC transactions.
  • Demonstrate the process of creating an IC document.
  • Explain the process of sending an IC transaction to an IC partner.
  • Explain the process of receiving and accepting an IC transaction from an IC partner.
  • Review handled incoming and outgoing IC transactions.
  • Explain the process of rejecting an IC transaction from an IC partner.
  • Explain the process of returning and canceling a rejected IC transaction from an IC partner.
  • Process IC transactions using the IC General Journal.
  • Year End Closing Processes
  • Close the accounting periods for the fiscal year.
  • Explain and run the Close Income Statement batch job process.
  • Complete the closing process by posting the General Journal.
  • Reference the Payments FastTab on the Customer Card.
  • Explain the Cash Receipt Journal, which is used to post payments received.
  • Explain the process of applying cash receipt payments to customer ledger entries.
  • Explain the process of unapplying entries to customer ledger entries.
  • Explain the process of reversing customer ledger entries posted with using journals.
  • Set up Microsoft Dynamics NAV to use payment discounts.
  • Process transactions for various situations that benefit from payment discounts.
  • Set up Microsoft Dynamics NAV to use payment tolerance.
  • Process transactions for various situations that benefit from using payment tolerance.
  • Explain why and when Reminders and Finance Charge Memos are used.
  • Set up Microsoft Dynamics NAV to use reminders.
  • Explain the process of creating and issuing reminders.
  • Set up Microsoft Dynamics NAV to use finance charge memos.
  • Explain the process of creating and issuing finance charge memos.
  • Review Customer Ledger Entries and Detailed Customer Ledger Entries.
  • Review the setup of Sales Order Mgmt, incl. customers, shipping options, reservation rules, cust. posting groups, and salespeople.
  • Explain and process sales quotes and blanket orders, and review sales order information.
  • Describe how to reserve items on a sales order.
  • Explain the process of posting a sales order shipment.
  • Describe and demonstrate the process of combining shipments into one invoice.
  • Explain how to process prepayments on a sales order.
  • Outline a complete sales process and how it connects to other application areas.
  • Set up a new customer by filling in a customer card.
  • Create a sales quote and convert it to a sales order.
  • Create, post, and review sales orders.
  • Process the shipment and invoicing of goods.
  • Receive payments from customers.
  • Use the Aged Accounts Receivable report.
  • Explain how to set up and use item substitutions.
  • Describe how to set up and use item cross references.
  • Explain nonstock item setup and the processes to create nonstock items manually and through a vendor catalog import.
  • Describe how to sell nonstock items using drop shipments.
  • Review the setup of Purchase Order Management, including vendors, receiving options, vendor posting groups, and purchasers.
  • Explain and process purchase transactions, including quotes, blanket orders, and purchase orders.
  • Review the concept of purchase prices and discounts in relation to item costs.
  • Explain purchase price setup and processing.
  • Explain the setup defining the general rules of how discounts post and review invoice and line discount setup and processing.
  • Explain how to process prepayments on a purchase order.
  • Outline a complete purchase process and how it connects to other application areas.
  • Set up a new vendor by filling in a vendor card.
  • Create, post, and review purchase orders.
  • Process the receipt and invoicing of inventory items.
  • Create, post, and review purchase invoices.
  • Process the purchase of non-inventory goods or services with purchase invoices.
  • Plan and make payments to creditors.
  • Adjust general ledger entries with the general journal.
  • Use general journal registers to follow the audit trail of all transaction types.
  • Explain use and setup of standard Purchase Codes
  • Explain the fields on the Purchase & Payables Setup window.
  • Describe the Payments FastTab on the Vendor Card window.
  • Explain the Payment Journal, which is used to process payments.
  • Explain the Apply Vendor Entries window, used to apply payments to vendor ledger entries.
  • Explain the process of entering and posting manual checks.
  • Explain the Suggest Vendor Payments batch job (used to generate open payables entries in the Payment Journal)
  • Create payments using the Suggest Vendor Payment batch job.
  • Explain the process of printing and posting payments.
  • Explain the process of voiding printed but unposted payments.
  • Demonstrate how to apply payments to vendor ledger entries after posting.
  • Explain the process of unapplying vendor ledger entries.
  • Explain the process of reversing vendor ledger entries posted using journals.
  • Set up Microsoft Dynamics NAV to use payment discounts.
  • Process transactions for various situations that benefit from using payment discounts.
  • Set up Microsoft Dynamics NAV to use payment tolerance.
  • Process transactions for various situations that benefit from payment tolerance.
  • Review Vendor Ledger Entries and Detailed Vendor Ledger Entries.
  • Describe the fields on the Fixed Assets Setup page.
  • Explain and Setup FA Classes
  • Explain and Setup Fixed Asset Sub Classes
  • Explain and Setup Fixed Asset Locations
  • Explain and Setup Fixed Assets Posting Groups.
  • Explain Depreciations Books for Fixed Assets.
  • Explain Depreciation Tables.
  • Set up FA Journals Templates.
  • Set up FA Reclass Journals Templates.
  • Set up Fixed Asset Card.
  • Set up Main Assets with Asset Components.
  • Explain recording for opening transactions.
  • Explain duplicate entries to the Depreciations Books.
  • Explain copying for fixed assets and FA ledger entries.
  • Set up Journals for Fixed Assets.
  • Define the Purchase Invoice process for fixed assets.
  • Explain the manual and the automatic depreciation posting methods.
  • Explain and set up write-down and appreciation of fixed assets.
  • Explain and set up disposals of fixed assets.
  • Cancel an already-posted incorrect entry.
  • Documenting Fixed Asset Transactions and how to view the FA Registers.
  • Reports for Fixed Assets.
  • Explain and set up for budgeting for Fixed Asset transactions.
  • Explain and set up Cost-Accounting Depreciations.
  • Explain and set up Indexation.
  • Explain and Set Up Minor Assets.
  • Transfer, split, or combine an asset.
  • Set up a partial disposal of an asset.
  • Set up a combining assets.
  • Set up insurance information.
  • Assign an asset to an insurance policy.
  • Monitoring Insurance Coverage
  • Update, correct, and delete Insurance Information.
  • Set up an Index Insurance.
  • Set up Maintenance Information.
  • Set up maintenance registration and costs.
  • Create the maintenance cost reports.
  • Explain the purpose of all fields and functions on the item card.
  • Identify and use the links and functions provided with the item card buttons.
  • Create a new item.
  • Examine an item's availability over time.
  • Analyze item figures with statistics windows and reports.
  • Determine actual and projected item availability.
  • Make manual adjustments to inventory quantities.
  • Count and record how many items are physically present in inventory.
  • Reclassify an inventory item by changing information attached to its item ledger entry.
  • Describe the setup of item charges.
  • Explain purchase item charges and demonstrate how to assign landed costs to a posted purchase receipt.
  • Describe sales item charges and demonstrate how to assign item charges to a posted sales shipment.
  • Explain purchase and sales allowances and demo how to assign item charges for a sales allowance on a credit memo.
  • Review the setup of location transfers.
  • Explain central transfer order concepts.
  • Create and post manual transfers.
  • Identify the locations and quantities of items in transit.
  • View the inventory value of items in transit.
  • Set up a company with multiple locations.
  • Link customers and vendors to locations.
  • Set up responsibility centers.
  • Link users, customers, and vendors to responsibility centers.
  • List multi-location setup guidelines.
  • Create sales and purchase orders for multiple locations.
  • Create and set up stockkeeping units.
  • Explain requisition management setup, including requisition worksheet templates and planning parameters.
  • Explain reorder policy concepts, principles, and characteristics.
  • Describe the requisition worksheet and demonstrate how to calculate a plan and process suggested orders.
  • Describe additional worksheet features incl. drop shipment lines, planning worksheet lines, and manually created lines.
  • Provide an overview of ERP and Microsoft Dynamics® NAV.
  • Navigate in the Role Center.
  • Use function keys and basic keyboard shortcuts.
  • Able to Customize Microsoft Dynamics NAV UI (User Interface).
  • Navigate and customize the List Places.
  • Change the look of windows in the program.
  • Enter and edit information.
  • Obtain selected information from the program.
  • Explain the requirements for setting up prepayments.
  • Set up and assign prepayment General Ledger accounts.
  • Set up prepayment numbering for sales and purchases.
  • Set up default prepayment percentages on customers and vendors.
  • Set up default prepayment percentages for Customer-Item and Vendor-Item combinations.
  • Set up prepayment posting verification for sales and purchases.
  • Explain the prepayment processing flows for sales and purchase orders.
  • Describe the prepayment-specific fields on sales and purchase orders.
  • Create sales and purchase orders with prepayment percents and amounts.
  • Create prepayment invoices from sales and purchase orders.
  • Explain the processes available to correct posted prepayment invoices.
  • Manage User Rights & Profiles
  • Explain how authentication works in Microsoft Dynamics® NAV
  • Explain the concepts of the superuser, roles, and permissions
  • Manage security for RoleTailored client users
  • Create, assign, and work with user profiles for the RoleTailored client
  • Create a new role and assign permissions to it
  • Apply security filters in Microsoft Dynamics NAV with Microsoft® SQL Server®
  • Manage security for Classic client users
  • Perform user-specific setup
  • Use Microsoft® Active Directory® with Microsoft Dynamics NAV
  • PrePayments