Controller Masterclass: 5-Day Workshop

As a Controller or a member of the Accounting Staff, training in the functionality provided by Business Central is crucial to ensure that you are using the system to its fullest extent. This hands-on training will allow to you learn how to set up and use the various accounting functions in Business Central. Unlike other training that just shows you how things work, this training will give you an opportunity to enter and post actual transactions, run reports, and test setup changes. Attendees will be able to use an actual Business Central database complete with sample data where they will be able to practice transactions, update set up tables, run reports, and test all the required functionality.

What is Covered (Summarized-Scheduled):

Day 1 • General Accounting Processes • Accounting Setups • Chart of Account and Dimension Structure • Bank Reconciliations • Intercompany Transactions • Sales Tax and VAT

Day 2 • Budgeting • Financial Reporting • Fixed Assets

Day 3 • Inventory Costing and Reconciliation

Day 4 • Accounts Receivable • Sales Invoicing • Cash Receipts

Day 5 • Accounts Payable • Vendor Invoicing • Payment Journals • 1099 Processing

What is Covered:

• General Accounting: o Accounting Setups o Chart of Account and Dimension Structure o Journals o Periodic Processes o Banking o Intercompany Transactions o Sales Tax and VAT o Budgeting o Reporting o Fixed Assets • Inventory: o Inventory Costing o Inventory Reconciliation • Accounts Receivable: o Sales Invoicing o Credit Management o A/R Aging o Deposits and Applications o Prepayments o Finance Charges • Accounts Payable: o Vendor Invoicing o Payment Journals o A/P Aging o 1099 Processing o Process Vendor Payments o Bank Reconciliations

Other: • Copy of training video for future reference. • Training Documentation