Microsoft Dynamics AX Training

Microsoft Dynamics AX was formerly known as Axapta. It is a multi-language as well as multi-currency ERP business software integrated with global business management features for facilitating and streamlining of financial, operations management, human resources, as well as additional industry competences for retailers, financial service businesses, professional service industries, manufacturers, and public-sector organizations.


There is a global demand for Microsoft Dynamics AX training. The Course is all about the easier and faster ways to accomplish a business by using the Microsoft Dynamics for better and result oriented business operations purpose. With the unique way of data management system, data organization becomes easier in a regulatory manner on this platform. On job professional prefer online Microsoft Dynamics AX Training, however, SAP BUZZ offers both classroom and virtual online training modules for its students.


Microsoft Dynamics AX Finance Online Training

Microsoft Dynamics AX 2012 Financials Online Training

Microsoft Dynamics AX 2012 Financials Online Training Concepts :

Module 1: General Ledger Setup

This module explains how to set up the General Ledger in Microsoft Dynamics AX. It shows how to set up a company currency, additional currencies, and exchange rates. It also explains how to create periods, a new fiscal year, dimension value, and a dimension focus.Lessons


Financials I Overview of AX 2012

Differences between AX2009 vs. 2012


General Ledger Setup

  • Currency and Exchange Rate Setup
  • Periods and Fiscal Year Setup
  • Date Intervals
  • Reason Codes
  • Financial Dimensions
  • Financial Dimension Sets
  • Period Allocations

Chart of Accounts Setup

  • Main Account Categories
  • Chart of Accounts
  • Main Account Information
  • Main Account Administration Information
  • Main Account Setup Information
  • Configuring Account Structures
  • Advanced Rules
  • Ledger Setup
  • Accounts for Automatic Transactions
  • Inquiries and Reports Related to the Chart of
  • Accounts

Journal Setup

  • Journal Setup
  • Journal Controls
  • Journal Descriptions
  • Balance Control Accounts
  • General Ledger Parameter

Sales Tax Setup

  • Sales Tax Overview
  • Ledger Posting Groups
  • Sales Tax Authorities
  • Sales Tax Settlement Periods
  • Sales Tax Codes
  • Sales Tax Codes Intervals
  • Sales Tax Groups
  • Item Sales Tax Groups
  • Sales Tax Jurisdictions
  • Sales Tax Transactions
  • Sales Tax Exemption
  • Withholding Sales Tax

Financial Features

  • Financial Reason Codes
  • Fill Utility

Cash & Bank Management Setup

  • Bank Transaction Types
  • Bank Transaction Groups
  • Cash and Bank Management Parameters
  • Payment Purpose Codes
  • Bank Groups
  • Bank Accounts
  • Check Layout

Cash & Bank Management Daily Procedures

  • Create Checks
  • Delete a Check
  • Deposit Slips
  • Void Unposted Checks
  • Refund Checks
  • Bank Remittance
  • Payment Reversal
  • Reconcile a Bank Account

Accounts Payable Setup

  • Payment Schedule
  • Terms of Payment
  • Payment Days
  • Cash Discounts
  • Payment Fee
  • Methods of Payment
  • Vendor Groups
  • Accounts Payable Posting Profiles
  • Accounts Payable Vendors

Accounts Payable Daily Procedures

  • Invoice Journals in Accounts Payable
  • Invoice Register
  • Invoice Approval Journal
  • Vendor Invoice Pool Excluding Posting Details
  • Invoice Journal
  • Voucher Template
  • Payment Journals
  • Prepayments
  • Invoice Matching
  • Charges to Purchase Order Invoices
  • Edit Open Transactions
  • Reverse a Closed Transaction
  • Print Management

Accounts Receivable Setup

  • Payment Schedule
  • Terms of Payment
  • Payment Days
  • Cash Discount
  • Payment Fee
  • Methods of Payment
  • Customer Groups
  • Accounts Receivable Posting Profiles
  • Accounts Receivable Customers

Accounts Receivable Daily Procedures

  • Free Text Invoice \96 Description and Usage
  • Payment Journals
  • Edit Open Transactions
  • Placing an Accounts Receivable Transaction
  • on Hold
  • Reverse Settlements
  • Reimburse a Customer
  • Reason Codes
  • Print Management.

Financials II

  • Budgeting
  • Budgeting Overview
  • Basic Budgeting Setup
  • Budget Control
  • Configuring Budget Control
  • Use and Manage Budgets
  • Budget Amounts
  • Using Budget Control
  • Budget Reporting and Inquiries
  • Budget Transaction Web Services
  • Integrated Budgeting
  • Transfer Budgets To and From General Ledger

Commitment Accounting

  • Defining Purchase Order Encumbrances
  • Setting Up Encumbrances
  • Purchase Order Encumbrance Transactions
  • Encumbrance Year-End Process

Cash Flow Management

  • 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
  • Multicurrency


  • Setup
  • Foreign Currency Revaluation
  • Accounts Receivable and Accounts Payable
  • Exchange Rate Adjustments

Advanced Payments

  • Bridging Accounts
  • Electronic Vendor Payments
  • Electronic Customer Payments
  • Centralized Payments
  • Prepayments (Deposits)
  • Bill of Exchange Administration
  • Ledger Accrual

Intercompany Accounting

  • Post Intercompany Transactions
  • Intercompany Posting Setup
  • Post an Intercompany Transaction
  • Trace an Intercompany Entry

Collections Management

  • Customer Account Statement
  • Set Up Collection Letters
  • Process Collection Letters
  • Set Up Interest Codes
  • Calculate Interest
  • Managing Collections and Collection Agents
  • View and Manage Collections Information
  • Advanced Collections Management Tasks

Year-End Close

  • Create a New Fiscal Year
  • Control Transactions in a Closing Period
  • Create and Post a Closing Sheet
  • Transfer Opening Balances

Financial Statements

  • Financial Statement Setup
  • Financial Statement Row Definition
  • Financial Statement Column Definition
  • Print a Financial Statement
  • Dimension Reports
  • XBRL Taxonomy

Fixed Assets

  • Introduction
  • Fixed Assets Overview
  • Structure
  • Integration with Other Modules
  • Module Review

Setup Procedures

  • System Setup for Fixed Assets
  • Fixed Assets Module Setup
  • Parameters
  • Depreciation Methods
  • Depreciation Conventions
  • Depreciation Books Overview
  • Extended Functionality Features \96 Provision
  • Types and Bonus Depreciation
  • Mass Update Depreciation Conventions for a
  • Depreciation Book

Setup of Assets

  • Fixed Assets Form
  • Set Up Assets
  • Lend Assets
  • Assign Bar Codes to Assets
  • Asset Budgeting
  • Project Module Integration to Fixed Assets

Asset Transactions

  • Typical Fixed Asset Transaction Types
  • Record Acquisitions
  • Create and Acquire Fixed Assets From
  • Purchasing
  • Record Depreciation
  • Record Value Adjustments
  • Record Disposals
  • Transaction Reversals
  • Replacement Cost and Insured Value Update
  • Copy Fixed Assets and Change Fixed Asset
  • Groups
  • Fixed Asset Additions

Inquiries and Reports

  • Inquiries
  • Reports

Case Studies

  • Day to Day Assignments
  • Facilitate in Resume Preparation
  • Interview Tips
  • Guidance for Microsoft Certification