MS Dynamics F & O General Ledger Trainer - Course Content
General Ledger (GL) is a fundamental module of an ERP system, and Microsoft Dynamics 365 Finance and Operations (F&O) is no exception. GL is the core component of any accounting system, responsible for recording all the financial transactions of an organization.
Our Zoom Training on MS Dynamics F & O General Ledger covers the following:
1. Introduction to General Ledger
1.1 Overview of General Ledger
1.2 Purpose of General Ledger
1.3 Basic concepts and terms used in General Ledger
1.4 Differences between General Ledger and sub-ledger
2. Setup of General Ledger
2.1 Configuration of General Ledger parameters
2.2 Creating chart of accounts
2.3 Creating financial dimensions
2.4 Setting up main accounts
2.5 Defining posting profiles
3. Daily tasks in General Ledger
3.1 Entering and posting journal entries
3.2 Reversing journal entries
3.3 Correcting journal entries
3.4 Approving journal entries
3.5 Viewing and editing journal entries
3.6 Posting and reconciling bank transactions
4. Period end tasks in General Ledger
4.1 Setting up and closing fiscal periods
4.2 Generating and reviewing financial statements
4.3 Generating and reviewing trial balance
4.4 Generating and reviewing balance sheet and income statement
4.5 Generating and reviewing other financial reports
5. Advanced topics in General Ledger
5.1 Currency and exchange rate management
5.2 Intercompany accounting
5.3 Consolidations
5.4 Budgeting and forecasting
5.5 Allocations
5.6 Management of financial dimensions
6. Best practices and tips for using General Ledger in Microsoft Dynamics F&O
6.1 Tips for efficient and accurate journal entry processing
6.2 Best practices for period end and financial statement reporting
6.3 Tips for optimizing use of financial dimensions
6.4 Tips for improving internal controls and auditability