As former Corporate Controllers who use Microsoft Dynamics 365 Business Central every day, we wanted every CFO, Controller, Accounting Manager, and anyone who works alongside these roles to know all the things we wish we would have known in these roles. We want to share all the things we learned over 20 years of Controllership – the good, the bad, the big and the small – as we cover fundamentals, best practices, and many, many daily tips and tricks on how to work with Dynamics 365 or Business Central in the real world, all with a specific focus on accounting. This course will take about 14 hours to complete.
Module 1 - Navigation and Personalization (3 hours)
- Navigate Business Central more efficiently
- Personalize your Role Center
- Understand how to use Lists and Cards
Module 2 – Financial Foundations (3 hours)
- Chart of Accounts
- Posting Groups
- Dimensions
Module 3 – Sales and Purchasing Overview (2 hours)
- Vendor/Customer Creation
- Payment Terms and Methods
- Quotes, Orders and Invoicing
- Recurring Purchase/Sales Lines
- Pricing and Discounting
- Return Orders and Credit Memos
- Reporting
Module 4 – Accounts Payable (2 hours)
- Pay vendors with Check and Electronically
- Payment Corrections
- 1099 Reporting
- Vendor Maintenance
- Payables Reporting
Module 5 – Accounts Receivable (2 hours)
- Cash Receipt Journal for Payment Application
- Cash Receipt Journal for Payment Correction
- Deposits
- Receivables Reporting
- Customer Collections, Reminders, and Statements
Module 6 – Journal Entries and Closing (2 hours)
- Recurring Journal Entries
- General Journal Entries
- Month End Close
- Year End Close