Microsoft Dynamics AX 2012 R3 Public Sector Series

Microsoft Dynamics AX 2012 R3 Public Sector

At Course Completion

• Describe requirements of the public sector industry, including dimensions, budgeting, encumbrance, and procurement; describe features of the Microsoft Dynamics AX 2012 Public Sector module; verify the Microsoft Dynamics AX 2012 Public Sector license
• Describe General Ledger setup concepts, set up fiscal calendars and a fiscal year, set up posting definitions, configure account structures
• Describe financial dimensions, create a financial dimension and a fund entity
• Plan a Chart of Accounts, set up accounts in the Chart of Accounts, create bank accounts, assign a fund entity to an account
• Explain, activate, and perform budget control; set up and configure budget control parameters; set up over-budget permissions; define the budget funds available calculation; select source documents, journals, and main accounts for budget control; assign budget models; define budget control rules; define budget groups and message levels; enable budget appropriations; describe the execution of budget reservations
• Create budget register entries, allocate budget amounts across dimension values and periods
• Describe budgeting terms and basics, revise a budget, transfer a budget, view the status and history of budget register entries
• Post, reverse, and perform budget control on a provisional budget; define an apportionment budget code; create and perform budget control on an apportionment budget
• Describe the Actual versus budget report, Budget funds available report, Budget details report, Budget control account detail history report, and Budget control activity by project report
• Distribute line amounts across ledger accounts; describe the setup of advanced ledger entries; create, preview, and post advanced ledger entries
• Describe commitment accounting, record general ledger pre-encumbrances for a purchase requisition, record general ledger encumbrances for a purchase order
• Set up encumbrance year-end processing options, define close and open transaction posting definitions for encumbrance year-end processing, define a default encumbrance year-end process for a specific fund
• Describe general ledger year-end processes, set a closing type on accounts, define close and open transaction posting definitions for general ledger year-end processing, process nominal accounts and ending balances of real accounts
• Enable new information on purchase agreements by classification, invoice a purchase agreement without a release order
• Set up confirming purchase order codes and message text, flag a purchase order as confirming, and print a purchase order with a special message
• Run the year-end purchase order process
• Set up 1099 information for a vendor, pay an invoice with 1099 information, process a 1099 tax statement, assign a new DUNS+4 number, disburse invoice payments to multiple vendor bank accounts
• Describe the features of billing codes, create a billing code, create a free text invoice using a billing code, create a billing classification, associate a billing code with a billing classification, set a classification settlement order
• Post and print a free-text or recurring invoice by billing classification; enter a customer payment by selecting a billing classification; create a payment proposal based on a selected billing classification; generate reimbursement transactions, interest notes, and collections letters by billing classification; assign a collection letter policy to a billing classification
• Set up posting definitions for invoice settlements, settle a free text invoice against a payment, settle a transaction write-off for a customer
• Assign a trading partner code, assign an agency location code (ALC), assign a 1099-C indicator, and prevent customer duplication by using a Government Identification Number (GIN)
• Create a project budget, allocate a project budget across periods, create a project budget revision
• Create a grant, track the status of a grant
• Add multiple funding sources to a project, assign a grant to a funding source, allocate expenses to a funding source, set up funding source percentage and priority, invoice costs against funding sources
• Describe the Accountant, Accounting Manager, Controller Role, Accounts Receivable Administrator, and Finance Director Role Centers
• Generate accounts receivable reports, generate customer reports, generate and set up a cover page for a payment approval report, generate budget control reports
• Create a category hierarchy, associate a derived financial hierarchy, and slice by using the derived financial hierarchy dimension