Microsoft Dynamics 365 Business Central – Financial Management (Part 1: Essentials)

Course Language

English

Course Objective and Content

This course is part of the basic training for Microsoft Dynamics 365 Business Central.

Please note that you must book the following basic training courses separately:

• Microsoft Dynamics 365 Business Central – Essentials
• Microsoft Dynamics 365 Business Central – SCM (Part1: Essentials)

Financial accounting is the module in Microsoft Dynamics 365 Business Central into which almost all other modules are integrated. Therefore, basic knowledge of the financial accounting module is essential for understanding the functionality of other modules in Microsoft Dynamics 365 Business Central!

In this course, participants will be provided with fundamental knowledge of Microsoft Dynamics 365 Business Central financial accounting. Using practical examples, participants will learn how to solve various cases.

The course covers the following topics:

• General Ledger Setup
• Accounting periods
• Chart of Accounts
• Posting logic (posting groups/matrices)
• General Journals and Recurring Journals
• Foreign currencies
• Apply entries
• Reminder process
• VAT settlement
• Intrastat and VAT VIES Declaration reporting
• Dimensions
• Analysis by Dimensions
• Budgets
• Financial reports
• Opening balances

The course combines short theoretical elements in the form of PowerPoint presentations with detailed live demonstrations of application scenarios in the system. Additionally, there is ample time for questions and discussions, and participants can gain hands-on experience in financial management through practical exercises. The latest updates from the current BC version are continuously incorporated into the course content.

Course Participants

Together, the courses:

• Microsoft Dynamics 365 Business Central – Essentials
• Microsoft Dynamics 365 Business Central – SCM (Part 1: Essentials)
• Microsoft Dynamics 365 Business Central – Financial Management (Part 1: Essentials)

form the prerequisites for all advanced courses in Microsoft Dynamics 365 Business.

Additionally, this course is aimed at individuals who want to learn the basic functions of Microsoft Dynamics Business Central financial management and acquire a solid understanding of all standard processes required to effectively utilize the software’s capabilities.

Prerequisites

A mandatory prerequisite is that participants have completed the Microsoft Dynamics 365 Business Central – Essentials course or have equivalent knowledge of Microsoft Dynamics 365 Business Central. Furthermore, accounting knowledge is absolutely essential.

Duration

4 Days

Dates and Times

You can find the course dates to the right of this training description or under "Training Dates."

The training begins at 9:30 AM on the first day. Each subsequent day of training starts at 9:00 AM and is expected to end at 5:00 PM.