Microsoft Dynamics AX 4.0 Financials

This course has been replaced with Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate (MB-310). Access the course page.

With the Microsoft Dynamics AX Financials certification, you will become an expert in the Financials and Fixed Assets elements of the latest version of Microsoft's leading management solution application. After completing the Microsoft Dynamics AX Financials course at Firebrand Training, you'll have more than just your certification. You will have the skills, knowledge and hands-on experience to make both your people and processes more productive.

The goal of our 8 day accelerated Microsoft Dynamics AX Financials certification course is to provide IT professionals with the knowledge and skills necessary to manage the financial aspects of Microsoft Dynamics AX. This is an accelerated, fully immersed course, designed upon the job-related tasks of company environments.

So what makes the Microsoft Dynamics AX Financial Business Solution so compelling? The following short list highlights some of its features. Several of these features should make a compelling case to upgrade your environment.

What are the benefits of certification?

For HR managers, certification is particularly important because it allows them to more easily identify the skills that an individual possesses. When a company has employees that possess certain skills, it can garner a competitive advantage when seeking to attract customers. Certification can also contribute to increased productivity.

Individuals

• Overwhelmingly, individuals with Microsoft certifications have an advanced level of knowledge, expertise and skill, and command more professional credibility
• Individual students may receive college credits to utilize tuition reimbursement programs for their IT training or to complete college coursework

Human Resources

• Employer-funded training and certification programs are a key to retaining skilled staff. Career development and advancement opportunities are shown to significantly reduce rates of employee turnover.
• Certification Training Programs provide benchmarks for hiring and promotion decisions by accurately assessing technical skills
• For-certification training programs maximize educational investments through immediate validation of skills

Firebrand Training has an aggressive educational schedule that thoroughly covers all essential elements necessary to become skilled as a Microsoft Dynamics AX Financial Certified professional.

Financials I

• Introduction
• Audience
• Prerequisites Basic Setup
• General Ledger Setup
• General Ledger Daily Procedures
• General Ledger Reports and Inquiries
• Bank Management Setup
• Bank Management Reports and Inquires
• Accounts Payable Setup
• Accounts Payable Daily Procedures
• Accounts Payable Record Maintenance
• Accounts Payable Reports and Inquiries
• Bank Reconciliation
• Sales Tax
• Sales Tax Reports
• Accounts Receivable Setup
• Accounts Receivable Daily Procedures
• Accounts Receivable Record Maintenance
• Accounts Receivable Reports and Inquiries

Financial II

• Budgeting
• Cash flow management
• Multi currency
• Advanced payments
• Audit Trail
• Intercompany Accounting
• Consolidations Accounting
• Financial Statements
• Collection Letters and Interest
• Year-End Close

Fixed Assets

• Fixed Assets Overview
• Setup of Fixed Assets
• Setup of Assets
• Asset transactions
• Inquiries
• Reports and Additional Features

Trade & Logistics Overview

• Preparation for the Case Study
• Objectives
• Background scenario
• Day 1 Labs (The new CFO) Introduction
• Working with Purchase and Sales Orders
• Quotations
• Inventory
• Sales and Purchase Order Postings
• Serial and Batch Numbers
• Over/Under Delivery and Miscellaneous Charges
• Quarantine Management
• Reporting and Statistics
• Currency,Chart of account
• Financial Statement I
• Budget and forecast
• Vendor invoices
• Class discussion
• Labs (Hong Kong)
• New customers
• First orders
• Payments
• Advanced
• Class discussion
• Labs (Year end)
• Intercompany
• Year end preparation
• Dimension Hierarchy & Financial statements II
• XBRL
• Class discussion
• Labs (New Asset)
• New Assets
• Fixed Assets - Enter existing assets
• Depreciate and sell assets
• Class Discussion

Exam AX-40-507

The AX-40-507 certification exam measures your skills in the areas of Financial I and Financial II.

Before registering for this training, you have already confirmed that you possess basic knowledge of accounting, and have an understanding of how to navigate in Dynamics AX.

You can either:

Complete the e-learning course 'AX Introduction', which can be found at Partnersource.

Or:

Take our 1 Day Introduction which prepares any student wishing to undertake Dynamics AX Training and Certification with Firebrand Training.

Students who are successful in accelerated Dynamics AX certification training may possess:

• Basic knowledge of the Microsoft Windows operating system
• Good Working knowledge of Microsoft Office
• Working knowledge Business Management
• General Accounting knowledge
• Have completed the Dynamics AX Introduction course 8329 or on-line training equivalent (duration 6 hours on-line)

Your accelerated course includes:

• Accommodation *
• Meals, unlimited snacks, beverages, tea and coffee *
• On-site exams **
• Exam vouchers **
• Practice tests **
• Certification Guarantee ***
• Courseware
• Up-to 12 hours of instructor-led training each day
• 24-hour lab access
• Digital courseware **

* For residential training only. Accommodation is included from the night before the course starts. This doesn't apply for online courses.
** Some exceptions apply. Please refer to the Exam Track or speak with our experts.
*** Pass first time or train again free as many times as it takes, unlimited for 1 year. Just pay for accommodation, exams, and incidental costs.