MS Dynamics NAV Finance

MS Dynamics NAV Finance Course Content

Financial Management Setup

• Lessons
• General Ledger Setup
• Accounting Periods

General Ledger

• Chart of Accounts Overview
• G/L Account Card
• Chart of Accounts Page
• Budget
• Create Budgets Manually
• Copy Budgets
• Export and Import Budgets

General Journals

• Lessons
• Journal Overview
• Creating and Posting Journal Entries
• Recurring Journals Overview
• Processing Recurring Journals
• Reversals and Corrections

Cash Management

• Bank Account Overview
• Entering and Posting Receivables Payments
• Entering and Posting Payables Checks
• Financially Voiding Checks
• Bank Reconciliation

Receivables Management

• Customer Card
• Cash Receipt Journals Overview
• Applying Cash Receipt Payments
• Unapply Customer Ledger Entries
• Reversal of Posted Journals
• Set Up Payment Discounts
• Process Payment Discounts
• Set Up Payment Tolerance
• Process Payment Tolerance
• Reminders and Finance Charge Memos
• Set Up and Assign Reminder Terms
• Create and Issue Reminders
• Set Up and Assign Finance Charge Terms
• Create and Issue Finance Charge Memos
• Analyzing Receivables
• Understand detailed customer ledger entries.
• Analyze receivables accounts.
• Use the Cash Receipts journal to apply cash.
• Understand how to handle partial payments and foreign currencies.
• Make corrections by Unapplying customer ledger entries.
• Reverse journal postings.
• Understand and work with payment discounts.
• Understand and work with payment tolerances.
• Understand and work with reminders and finance charge memos.

Payables Management

• Vendor Card
• Payment Journal Overview
• Apply Vendor Entries Window
• Post Manual Payables Checks
• Suggest Vendor Payments Overview
• Create Payments Using Suggest Vendor Payments
• Print and Post Payables Checks
• Void Unposted Checks
• Apply Payments after Posting
• Unapply Vendor Ledger Entries
• Reversal of Journal Postings
• Set up Payment Discounts
• Process Payment Discounts
• Set Up Payment Tolerance
• Process Payment Tolerance
• Analyze Payables

Indian Taxation

• Depreciation on Block of Assets, Additional Depreciation, and Number of Days
• Excise Tax
• Journals to Handle Multi-Location Taxes
• Letter of Credit
• Multiple Level Authorizations
• Sales Tax
• Service Tax
• Service Tax on Goods Transport Agency
• Structure
• Tax Collection at Source (TCS)
• Tax Deduction at Source
• Value Added Tax (VAT)

Multicurrency

• Lessons
• Currency Card and Currency Exchange Rates
• Set Up Multicurrency for Customers, Vendors, and Bank Accounts
• Process Sales and Purchase Documents
• Process Cash Receipts
• Process Payments
• Use the Adjust Exchange Rates Batch Job
• Additional Reporting Currency

Year End Closing Processes

• This module explains how to close the accounting periods for the fiscal year, run the Close Income
• Statement batch job process and complete the closing process by posting the General Journal.
• Lessons
• Closing a Fiscal Year
• Transferring Income Statement Account Balances
• Posting the Journal