Need This Training On Your Schedule? Contact Us To Arrange A Custom Class!
CONTACT US

Location

TBD
Category

More Info

I'm Interested

Date

Nov 09 2020 - Nov 13 2020

Time

Pacific
9:00 am - 5:00 pm

Cost

$2300 Until 10/10/20 Then $2500

Labels

Boot Camp

Controller's Essentials Boot Camp

Class ID: NCEBC

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 Microsoft Dynamics NAV or Business Central in the real world, all with a specific focus on accounting.

 

During the class we will cover in detail:

 

  • Role Center Overview
  • Chart of Accounts
  • Posting Groups
  • Dimensions
  • Financial Setups and Master Records
  • Best Practices for Accounts Receivable
  • Best Practices for Accounts Payable
  • Approvals and Workflows
  • Common Corrections
  • Efficient Journal Entries
  • Fixed Asset Management
  • Best Practices for Month End Close
  • Best Practices for Year End Close
  • Getting Ready for Audit
  • Budgeting
  • Design of Financial Reports with Account Schedules

 

The agenda for the class is as follows (subject to change):

 

Monday (1 p.m. – 5 p.m.)

  • Overview
  • Chart of Accounts
  • Posting Groups
  • Dimensions

 

Tuesday (9 a.m. – 5 p.m.)

  • System Setup
  • Master Records
  • Sales Tax Setup
  • Banking Setup & AP Check
  • Recurring Journal Entries
  • General Journal Entries
  • Month End Close
  • Year End Close
  • Common Corrections

 

Wednesday (9 a.m. – 5 p.m.)

  • Payment Terms & Methods
  • Vendor Creation
  • Purchase Orders and Invoicing
  • Standard Purchase Codes
  • Pricing & Discounting
  • Purchase Return Orders
  • Purchase & Payables Reporting
  • Correct Applications & Void Checks
  • Payments & Applications

 

Thursday (9 a.m. – 5 p.m.)

  • Customer Creation
  • Sales Quote
  • Convert Sales Quote to Order
  • Sales Order & Invoicing
  • Sales Credit and Rebills
  • Sales & Receivables Reporting
  • Deposits & Cash Applications
  • Permissions & Security
  • Getting Ready for Audit
  • Fixed Assets

 

Friday (9 a.m. – 1 p.m.)

  • Using Existing Reporting
  • Budgeting
  • Design of Financial Reports with Account Schedules

 

 

Please note, during Friday’s session we will be covering capstone material that is critical to your take-aways from this class.  Please schedule your travel after the scheduled conclusion.

 

Who Should Attend? CFOs, Controllers, and accountants pursuing a thorough understanding of and confidence in financial processes and reporting within Dynamics 365 Business Central / Dynamics NAV.

 

Learning Objectives:

 

At the end of this class, participants will be able to:

 

  • Gain a deep understanding of the Chart of Accounts, Posting Groups, and Dimensions, and how to design them for efficiency and accuracy
  • Understand the functionality of the sales cycle and purchasing cycle and how to apply best practices throughout these areas
  • Master a faster month end with time-saving techniques with journal entries
  • Understand how to create financial reporting with account schedules

 

Field of Study: Accounting

 

Program Level: Basic

 

Prerequisites: None.

 

Advanced Preparation: Each student will receive their own hands-on learning environment via email shortly before class.  Bring to class your own laptop with the training environment connected. We also recommend students bring an external mouse and a travel monitor to have a second screen when working on their laptops.

 

Delivery Method: Group Live

 

CPE Credits: By participating in this class you are eligible to earn up to 25 CPE credits which will be distributed following class completion. In order to be awarded the full credit hours, you must be present, registering your attendance and departure on the designated attendance sheets. Class participation will be monitored, and you will not receive CPE credit for any portion of the class that you do not appear fully engaged.

 

Version: This class will be taught in Dynamics NAV 2018.  If you are evaluating or use Dynamics 365 Business Central, the functionality and processes taught will be applicable with only minor differences.  We will review the pertinent differences between the two user interfaces early in the class, and throughout the class we will identify any significant differences in functionality between the versions where appropriate.  If you are using an earlier version of NAV, likewise we will highlight significant differences in features and functionality as appropriate.

 

Learning environment: As experienced trainers of adult learners, we understand how to make training “stick”.  We use proven practices to make sure you retain what you learn and are fully equipped to go back to the office and immediately apply what you discovered in class. Each day, you will spend more than 50% of your time doing hands-on exercises in our simulated learning environment.

 

Refund and Cancellation Policy: Please refer to our Refund and Cancellation policy here.

 

Location: Los Angeles (New Horizons, Anaheim CA)

 

 

  • 00

    days

  • 00

    hours

  • 00

    minutes

  • 00

    seconds

The experts at New View Strategies are experienced Dynamics NAV and Business Central trainers and business process consultants who have walked in your shoes as former Corporate Controllers, Directors of IT, and Solution Architects, and believe increased utilization of your business systems is critical to the continued success of your company.
SUBSCRIBE TO OUR NEWSLETTER
Subscribe to our newsletter and keep up to date with classes, special registration discounts, and other NVS news

You can unsubscribe at any time. To view our Privacy Policy click here.

© 2020 All Rights Reserved. New View Strategies.
| Website Proudly Designed by Phoenix3 Marketing
0
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram