Course 8424A:

Microsoft Business Solutions - Navision 4.0 Job Costing

Length:	1 Days
Published:	March 09, 2005
Language(s):	English
Audience(s):	Information Workers
Level:	200
Technology:	Microsoft Dynamics NAV 4.0
Type:	Course
Delivery Method:	Instructor-led (classroom)

About this Course

This one-day course is designed for students who are preparing to complete the Microsoft Navision Costing exam. This course describes the cost posting process, including capturing the actual costs and sales for a Job; the comparison of the Actual costs and sales to a Budget; and the reclassification of costs when the Work in Process (WIP) and Recognition Periodic Activities are utilized. The focus of this course primarily on processing activity and reviewing the posting results.

Audience Profile

This course is intended for individuals on the implementation team, administrating or using the modules in Microsoft Navision. This audience typically includes individuals who will be implementing and assisting Navision users. Additionally, individuals responsible for training or supporting Microsoft Navision benefit from the course.

At Course Completion

After completing this course, students should be able to:

Understand Microsoft Navision Jobs
Understand Posting Group setups for Job Costing
Complete Job Card and Job Budget setup
Understand the Job Usage Posting flow and process
Create Purchase Orders and Job Journals using Get Phase/Task/Step
Understand the Job WIP Posting flow
Complete the Job WIP Periodic Activities
Understand the Job Sales Posting flow and process
Create Sales Invoice using Get Job Usage
Understand the Job Recognition Posting flow
Complete the Job Recognition Periodic Activities
Understand how to close a Job

Course OutlineModule 1: introduction

In this chapter, you will obtain an understanding of the various trainings Microsoft Business Solutions offers. In addition, there are definitions of the Microsoft Business Solutions Courseware Test Your Skills activities. This chapter is for students who are not participating in Instructor Led training and thus will not be covered in this class.

Module 2: Setup Operations

This chapter defines Jobs and describe the posting groups that must be set up in order to successfully utilize Job Costing. You will then create Job Cards and a Job Budgets, after having defined the fields on each respective form.

Lessons

Overview of Jobs
Definitions of the General Posting and Job Posting Setups required for using Job Costing
Job Card Setup
Job Budget Definitions
Job Budget Setup

Lab : Exercises

Create a new Job
Create a new Job Budget
Create Another Job and Budget

After completing this chapter, students will be able to:

Understand the purpose of Jobs
Understand the General Posting and Job Posting setup requirements
Create Job Cards and Job Budgets

Module 3: Usage Posting

In this chapter you post job usage entries using Purchase Order and Job Journals, after having defined the fields on the Job Journal form. You then review the results of posting the Purchase Order and Job Journals. Finally, you review the updated job Actual to Budget comparisons report and window.

Lessons

Recording Job Cost Overview
Create a Purchase Order
Define the fields on the Job Journal
Create a Job Journal for Resources and G/L Expense
Make corrections to entries posted with incorrect Phases, Tasks, and Steps
Review the Purchase Order and Job Journal Postings
Review the Job Actual to Budget Comparisons

Lab : Exercises

Create a Purchase Order
Create a Job Journal for Resources and Expense
Create a Job Journal for Resources and Items

After completing this chapter, students will be able to:

Understand the Job Usage Posting flow
Create and post purchase orders for usage entries
Create and post job journals for usage entries
Define the job journal fields
Understand how to correct unapplied or misapplied Phase/Task/Step codes
Understand the results of posting the Purchase Order and Job Journal
Understand the Job Actual to Budget comparisons

Module 4: WIP Posting and Review

This chapter defines the Job Work in Process (WIP) Periodic Activities, including Calculate WIP Value and Post WIP Value to G/L. You will run these two Periodic Activities and then view the results of running these batch jobs.

Lessons

Job WIP of Costs Definition
Job WIP Posting Flow
Periodic Activities: Calculate Job WIP Value and Post Job WIP Value to G/L
Review the WIP Posting
Review the WIP Posting Breakdown
Review the Job Actual to Budget Comparisons

Lab : Exercises

Run the Calculate Job WIP Value Batch Job
Run the Post WIP Value to G/L Batch Job and Review

After completing this chapter, students will be able to:

Understand Job WIP
Understand the Job WIP Posting flow
Run the WIP Periodic Activities
Understand how to review the WIP postings
Understand the Job Actual to Budget comparisons

Module 5: Usage and Sales Posting

In this chapter you first complete posting the usage entries to the jobs created in previous chapters. Then you create a Sales Invoice to the job Customer using the Get Job Usage functionality. Posting the invoice creates job sale entries in the Job Ledger Entry; close the open usage entries in the Job Ledger Entry; and provide an invoice to be sent to the customer. You then review the results of posting the Job Journal and Sales Invoices. Finally, you review the updated job Actual to Budget comparisons report and window.

Lessons

Post Remaining Usage
Understand Sale Entries and the Sale Posting Flow
Create a Sales Invoice using Get Job Usage
Review the Job Journal and Sales Invoice Postings
Review the Job Actual to Budget Comparisons

Lab : Exercises

Create a Job Journal for Resources and Items
Create a Sales Invoice
Create Another Sales Invoice

After completing this chapter, students will be able to:

Understand Sales Entries and the Sale Posting Flow
Create a Sales Invoice using Get Job Usage
Understand the results of posting the Job Journal and Sales Invoice
Understand the Job Actual to Budget comparisons

Module 6: Job Recognition and Review

This chapter defines the Job Recognition Periodic Activities, including Calculate Job Recognition and Post Job Recognition to G/L. You will run these two Periodic Activities and then view the results of running these batch jobs. There will also be a short discussion of the choices of closing a job.

Lessons