Finance Advanced in Microsoft Dynamics® NAV 2013

NB: Microsoft have retired this course in March 2017. The exam is shortly going to be retired. However we are still offering this course as a large number of our customers still need access to this.

Please contact our team at to discuss an alternative pathway.

At Course Completion

• Set up Intrastat for use in Microsoft Dynamics NAV 2013.
• Explain how to run and submit Intrastat reports.
• Explain and demonstrate the preparation of the VAT rate change process.
• Explain and set up the VAT rate change tool.
• Explain and demonstrate how to perform a VAT rate change.
• Explain setup requirements for currencies and exchange rates when using multiple currencies.
• Explain setup requirements using multiple currencies with customers, vendors, and bank accounts.
• Describe steps and additional functionality for processing purchase and sales documents that use foreign currency.
• Describe steps and additional functionality for recording and posting multicurrency transactions in the cash receipts journal.
• Describe how to process multicurrency payments using the payments journal.
• Describe how to run the Adjust Exchange Rates batch job for customers, vendors, and bank accounts.
• Explain set up, viewing amounts, daily processing, and periodic processes when using an additional reporting currency.
• Describe how to run the Adjust Exchange Rates batch job for G/L accounts.
• Describe how to view the Exchange Rate Adjustment Register.
• Explain the Budgets feature in Microsoft Dynamics NAV 2013.
• Explain the G/L Budgets page elements.
• Show how to set up budgets manually.
• Explain how to delete budget entries.
• Explain how to create budgets by using the Copy Budget function.
• Explain how to create budgets by using the Export Budget and Import Budget functions.
• Explain the workflow in Cost Accounting.
• Explain and set up Chart of Cost Types, Chart of Cost Centers, Chart of Cost Objects, and Cost Accounting Setup.
• Explain the relationship between the cost accounting and general ledger application areas.
• Set up cost journals.
• Explain how to create cost entries either through a transfer from G/L entries or through posting the cost journal.
• Explain and set up cost budgets by using different copy functions.
• Explain the transfer from budget to actual.
• Explain and set up cost allocations.
• Explain static and dynamic allocations.
• Explain how to allocate costs and cost budgets.
• Explain the cost registers and cost budget registers.
• Explain the deletion of cost entries and cost budget entries.
• Explain different cost accounting reports.
• Provide tips and tricks.
• Explain the functions of the cash flow forecast.
• Explain the setup of the Chart of Cash Flow Account, Cash Flow Setup and Cash Flow Payment Terms.
• Explain how to create cash flow forecasts by using Cash Flow Forecast Cards and Cash
• Flow Manual Revenues and Expenses.
• Explain how the Cash Flow Worksheet is used.
• Review the registration of the cash flow through Cash Flow Forecast Entries.
• Explain the different Cash Flow Forecast Reporting possibilities.
• Describe filtering and analysis pages related to the chart of accounts.
• Explain how to set up an account schedule and explain other processes that relate to account schedules.
• Demonstrate cost account schedules.
• Demonstrate cash flow account schedules.
• Describe types of dimensions.
• Explain how to set up analysis views.
• Explain the process of exporting analysis views to Microsoft Office Excel® 2007, and describe the elements of the exported file.
• Show how to generate analysis by dimensions and other dimension analysis reports.
• Show how to set up a Finance Performance chart.
• Explain the terminology associated with XBRL.
• Explain how to import and update taxonomies.
• Explain how to attach, update, and apply linkbases to taxonomies.
• Describe pages that are related to XBRL lines, and explain how to enter XBRL line definitions
• Demonstrate how to export an instance document.

Course Requirements:

Students looking to take this course (80535) must already have the following technical knowledge:

• Completed course 80439A: Introduction in Microsoft Dynamics NAV 2013
• Completed course 80435A: Application Setup in Microsoft Dynamics NAV 2013
• Basic knowledge of accounting principles and procedures