Duration
4 days
Outline
AX FINCIALS FIXED ASSETS
Topic 1 : Fixed Assets Introduction
Define fixed assets
Examine required functionality for fixed assets
Describe the integration of the Fixed assets module with General ledger, Accounts payable, Accounts receivable, Project accounting, and Inventory management modules
Topic 2 : Setup Procedures
Review system setup for Fixed assets
Review the basic setup requirements for the Fixed assets module
Discuss the Value models, Asset Groups, Disposal and Posting profile components of Fixed assets setup
Discuss the setup of Fixed assets parameters
Explain how to sue the Capitalization threshold
Describe, create, and change Reason codes in Fixed assets
Review depreciation methods and conventions
Provide an overview for Depreciation books
Describe extended functionality setup requirements for Fixed assets
Review Mass update depreciation conventions for a depreciation book
Topic 3 : Setup of Assets
Describe the fields available in the Fixed assets form
Differentiate between financial and non-financial information for assets
Set up a fixed asset
Show how to lend assets
Assign bar codes to assets
Complete asset budgeting
Associate and manage fixed assets within the Projects form
Review the fixed asset details associated with a project or subproject
Topic 4 : Asset Transactions
Use asset Transaction Types
Use journals to manually enter fixed asset transactions
Control fixed asset acquisition transaction creation from purchasing
Restrict user group permissions for posting fixed asset acquisition transactions in purchasing
Create a fixed asset record directly from purchasing, during posting of a product receipt or vendor invoice
Describe when the Fixed asset receipt and Fixed asset issue account types will be used
Record depreciation
Use proposals to enter fixed asset transactions
Discuss value adjustments for fixed assets
Discuss fixed asset disposals
Describe where fixed asset transaction reversals are performed
Perform fixed asset transaction reversals
Describe how the replacement cost factor and the insured value factor on the aset group, are used to update an asset's replacement cost and insured value amounts
Process updates to an asset's replacement cost and insured value amounts
Copy a fixed asset
Change a fixed asset group
Enter a fixed asset addition
Topic 5 : Inquiries and Reports
Demonstrate the use of data inquiries available in Fixed assets
Demonstrate how to run reports
AX FINANCIALS 1
Topic 1: General Ledger Setup
Set up Currencies and Exchange Rates.
Create Periods in a new Fiscal Year.
Create Date Intervals.
Create, modify and delete Reason Codes.
Create a Financial Dimension value.
Create a Dimension Set.
Set up Allocation Rules.
Contrast the various Allocation Methods.
Topic 2: Chart of Accounts Setup
Create, edit, close or delete Main Account Categories.
Create a new account in the Chart of Accounts.
Define Main Account information.
Define Administration information for the main Chart of Accounts.
Define setup information for the main Chart of Accounts.
Set up Account Structures.
Set up Advanced Rules.
Create a Ledger.
Set up Accounts for automatic transactions.
View Inquiries and Reports related to the Chart of Accounts.
Topic 3: Journal Setup
Set up Journal Names
Set up Journal Controls
Create Journal Texts
Set up Balance Control Accounts
Set up General Ledger Parameters
Topic 4: General Ledger Daily Procedures
Create General Ledger Journals.
Enter General Ledger Transactions.
Post Multiple Journals.
Create Approval Journals.
Demonstrate data needed to create an Approved Journal
Create a Voucher Template
Create and retrieve Periodic Journals.
General Ledger Transaction Reversal.
Create General Ledger Reversing Entries.
Inquire and report on Daily Journal Transactions.
Topic 5: Sales Tax Setup
Create Ledger Posting Groups.
Create Sales Tax Authorities.
Create Sales Tax Settlement Periods.
Create Sales Tax Codes.
Create Sales Tax Intervals.
Create Sales Tax Groups.
Create Item Sales Tax Groups.
Set up Sales Tax Jurisdictions.
Create Sales Tax Transactions.
Create Sales Tax Exempt Data.
Calculate and Post Withholding Sales Tax.
Topic 6: Financial Features
Create Financial Reason Codes.
Modify Financial Reason Codes.
Delete Financial Reason Codes.
Identify how and when to use the Fill Utility.
Topic 7: Cash and Bank Management Setup
Set up Cash Bank Transaction Types.
Set up Bank Transaction Groups.
Set up Bank Parameters.
Set up Payment Purpose Codes.
Set up Bank Groups.
Create a Bank Account.
Define the Check Layout for a Bank Account.
Topic 8: Cash and Bank Management Daily Procedures Create Checks
Delete Checks.
Create a Bank Deposit Entry.
Void Checks.
Create a Refund that Prints a Check.
Use Bank Remittances.
Reverse a Posted Check Payment.
Reconcile Bank Statements.
Topic 9: Accounts Payable Setup
Create a Payment Schedule.
Create Terms of Payment.
Create a Payment Day.
Create a Payment Fee.
Create a Method of Payment.
Set up Vendor Groups.
Set up Posting Profiles.
Create a new Vendor.
Topic 10: Accounts Payable Daily Procedures
Explain the different Invoice Journals that are available.
Register and Approve an Invoice Journal.
Create an Invoice Journal.
Use a Voucher Template to create Vouchers.
Create a Payment Proposal.
Run a Payment Proposal for a Marked Settlement.
Create a Payment Journal.
Generate a Payment.
Set up a Prepayment.
Post a Prepayment.
Describe Invoice Matching.
Edit Open Transactions.
Reverse a Closed Transaction.
Define Print Management Settings.
Topic 11: Accounts Receivable Setup
Create a Payment Schedule.
Create Terms of Payment.
Create a Payment Day.
Create a Payment Fee.
Create a Method of Payment.
Set up Customer Groups.
Set up Posting Profiles.
Create a new Customer.
Topic 12: Accounts Receivable Daily Procedures
Create a Free Text Invoice.
Edit an Open Text Invoice.
Create a Payment Proposal.
Mark Customer Transactions for Settlement.
Create a Payment Journal.
Edit Open Transactions.
Place an Accounts Receivable Transaction on Hold.
Reverse a Settlement.
Reimburse a Customer.
Describe Reason Codes in Accounts Receivable.
Define Print Management Settings.
Examine Print Management Setup.
AX FINANCIALS 2
Topic 1 : Budgeting
Set up Basic Budgeting
Discuss the use of Budget Control
Define Rules and specify Attributes of Budget Control
Topic 2 : Use and Manage Budgets
Describe how to enter Budget data
View the status of Budget register entries
Inquire about Budgets
Describe the features to support transferring Budget data
Review Budgeting Integrations
Describe the steps to transfer a Budget
Topic 3 : Commitment Accounting
Define an Encumbrance
Process Year-End Commitments
Topic 4 : Cash Flow Management
Explain the Relationship of Cash Flow to other Modules
Set up Cash Flow Forecasting
Define a Cash Flow Forecast Budget Model
Create Cash Flow Transactions
Calculate Cash Flow Transactions
View online data and print Cash Flow reports
Topic 5 : Multicurrency
Complete the setup steps that are required for Foreign Currency Revaluation
Run Foreign Currency Revaluation in General Ledger
Run Foreign Currency Revaluation in Accounts Receivable and Accounts Payable
Topic 6 : Advanced Payments
Create and process a Bridging Account Method of Payment
Set up and process Electronic Vendor Payments
Set up and process Electronic Customer Payments
Set up and process Centralized Payments
Set up and process Prepayments
Set up and process Bills of Exchange
Set up and apply Ledger Accruals
Topic 7: Intercompany Accounting
Post an Intercompany Transaction
Complete the setup for Intercompany Accounting
Trace an Intercompany Transaction
Topic 8 : Consolidations
Set up a Consolidation Company
Set up a Subsidiary Company
Perform a Consolidation
View the Consolidation Inquiry
View and Delete Consolidation Transactions
Describe Intercompany Eliminations
Topic 9 : Collections Management
Print Customer Statements
Set up and create Collection Letters
Process Collection Letters
Set up Interest Codes
Calculate Interest
Work with the Collections List Page and Detail Forms
Waive, reinstate or reverse Interest and Fees in one step
Create Write-off transactions in one step
Process Non-Sufficient Funds payments in one step
Topic 10 : Financial Workflows
Define Workflow Types
Configure Financial Workflows
Define Approval Processes
Create a General Ledger Approval
Create an Accounts Payable Approval
Create an Accounts Receivable Approval
Modify an Existing Workflow
Topic 11 : Year-End Close
Create a new Fiscal Year
Understand Control Transactions in a Closing Period
Hold or Close a Period
Create a Closing Sheet
Make Adjustments or Transfers between Accounts
Transfer Opening Balances
Set up Fiscal Year Parameters
Topic 12: Financial Statements
Create a Financial Statement
Create a Row Definition
Design the structure of a Row Definition
Create a Column Definition
Print a Financial Statement
Create and print a Dimension Statement
View Balances by Dimension Sets
Import XBRL Taxonomies
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