This three-day instructor-led course provides students with the knowledge and skills to set up the advanced features in the Project management and accounting module of Microsoft Dynamics AX.



Dynamics Academy

Dynamics Academy is an innovative training program specifically tailored to your needs. The courses in Dynamics Academy service a wide variety of professionals. They offer a unique opportunity for beginners to learn the Dynamics AX system from step one or for seasoned AX pros to get certified as well.

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Dynamics Academy

Dynamics Academy

Project Advanced in Microsoft Dynamics AX 2012

Length: 3 days
Price: $ 1,699










Curriculum

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Overview

Course Description

This three-day instructor-led course provides students with the knowledge and skills to set up the advanced features in the Project management and accounting module of Microsoft Dynamics AX.

The course focuses on the advanced project functionality available in Microsoft DynamicsAX.

Who Should Attend

This course is intended for people who are on the implementation team, administering or using the Project management and accounting module in Microsoft Dynamics AX. This audience typically includes people who are tasked with assessing business needs and advising them on the use, configuration and customization of the application. Additionally, people responsible for training or supporting Microsoft Dynamics AX may benefit from this course.

Course Outline

Module 1: Project Validation
This module discusses the project validation system.

Module 2: Project Forecasting
This module discusses forecasting within the Project management and accounting module. It describes how the concepts are closely linked within this module and how they can be used in all types of projects.

Module 3: Advanced Project Invoicing
This module describes advanced features of project invoicing in the Project management and accounting module of Microsoft Dynamics AX 2012, including funding sources, funding limits, funding rules and allocations. The module also covers grants, which are most often used by the public sector and research facilities.

Module 4: Advanced Internal Project
This module describes the accounting principles involved with running advanced internal projects in the Microsoft Dynamics AX Project management and accounting module.

Module 5: Advanced Time and Material Project
This module describes the accounting principles involved with running advanced time and material projects in the Microsoft Dynamics AX Project management and accounting module.

Module 6: Advanced Fixed-Price Projects
This module describes the handling of advanced fixed-price projects. Its main focus is on how to deal with work in process (WIP), and how to use the estimate system for revenue accruals on these projects.

Module 7: Fixed-Price Project with Completed Contract
This module describes the accounting principles involved with running the advanced fixed-price project with the completed contract method of revenue recognition.

Module 8: Fixed-Price Project with Completed Percentage
This module describes the accounting principles involved with running advanced fixed-price projects with the completed percentage method of revenue recognition.

What You’ll Learn

After completing this course, students will be able to:

  • Validate projects and validation groups.
  • Use forecast models.
  • Set up project invoicing parameters, funding sources, and funding limits.
  • Describe and run an advanced time and material project.
  • Describe and run an advanced fixed-price project.