Wednesday, 16 March 2016

Microsoft dynamics ax 2012 R3 Financials online training (Hyderabad,India)

Microsoft dynamics ax 2012 R3 Financials online training (Hyderabad,India) 

Microsoft Dynamics AX Financial Management training by Specto Training.

Financial Management in Microsoft Dynamics AX helps you automate your business-critical financial processes so you and your people can be more effective.

Increase your business without geographic constraints
A truly comprehensive solution, Financial Management in Microsoft Dynamics AX gives you critical local market functionality. The solution helps you do business across borders, by supporting multiple languages and currencies, while managing currency exchange rate adjustments and helping meet accounting requirements in different countries.

With Financial Management in Microsoft Dynamics AX, you can purchase and activate additional functionality as the need arises. The solution can help you manage local legal and regulatory compliance, so you can maximize your tax treatments and create favorable business conditions in foreign markets. You can also employ extensive tax management functionality to choose from a wide range of options for tax calculations, posting and reporting.

Benefits
Helps you ensure regulatory compliance and expand your business across geographies
Helps you improve the efficiency of your financial operations and enable strategic planning
Helps you manage your cash flow effectively
Provides greater insight into your finances and improves your ability to make the right decisions quickly
Financial Management in Microsoft Dynamics AX gives you the power to perform fast and reliable accounting, financial reporting and analysis. You can extend access to your financial data across your company and business community, so that you can improve the efficiency of your existing accounting processes.
Features

Module: Financials I

General ledger

Flexible setup of accounting periods
Fast and reliable year-end procedure
Multiple budgets
Multiple journals
Journal approval procedures
Recurring journals
Validation prior to posting
Allocation based on percentages for accounts, and Dimensions
Extensive tax module for different types of tax calculation and reporting
Bank management

Reconcile bank accounts
Setup of checks
Monitoring deposits, payments, and bank balances
Electronic import of bank account statements available for some countries
Accounts receivable

Credit control
Flexible terms of payment and cash discounts
Advanced payment schedules
Pre-payment capability
Draft handling (bill of exchange)
Payment proposal feature with flexible payment method
Free text invoicing (non-stock invoicing)
Interest calculation functionality
Flexible collection letter procedures
Export and import formats for electronic payments
Multiple currency handling and exchange rate adjustment
Accounts payable

Bridging accounts
Flexible terms of payment and cash discounts
Advanced payment schedules
Pre-payment capability
Promissory note handling
Payment proposal feature with flexible payment method
Invoice registering and approval process
Export and import formats for electronic payments
Multiple currency handling and exchange rate adjustment
Easy to use

Intuitive screen layout and structure
User-adjustable menus, entry forms and reports
Advanced sorting and filter options
Built-in user Help including an integrated manual
Option to e-mail and fax directly from Microsoft Dynamics AX
Global functionalities

Multi-language capabilities
Comprehensive local market functionality
Multi-currency and secondary currency handling
Currency Converter
Euro conversion
Exchange rate adjustment handling
Intrastat and EU sales list
Country-specific bank formats for electronic payments and import of bank account statements
Data analysis

Powerful financial dimensions for data analysis
Flexible report generator
Extensive reporting structure
Traceability and tracking
Reliability and security

Strong audit trail capabilities
System controls and transaction validations
Transaction approval
Extended options for setup of access rights
Module: Financials II

Advanced General ledger

Intercompany accounting
Global consolidations
Account allocations based on predefined criteria for actual or budget amounts
Cash-flow forecasting and currency requirement calculation
Posting control extension for Dimensions hierarchy
Module: Asset Management

Asset management

Manages the full life cycle from acquisition, depreciation to disposition
Maintains asset status information
Improves control over Asset Management to drive accuracy and timeliness in your accounting results
Supports five depreciation methods (straight line, declining balance, factor, manual percentage and consumption)
Forecasts using Asset Management budgets.

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