Project Management and Accounting in Microsoft Dynamics SL 7.0
Course 8832: Five days; Instructor-led
Introduction
The five day Project Management and Accounting in Microsoft Dynamics SL 7.0 course explores project management from an accounting perspective. This course will show you how to configure and utilize the four core Microsoft Dynamics SL Project modules which includes Controller, Allocator, Time and Expense for Projects, and Flexible Billings.
By attending this class you will gain a thorough understanding of Microsoft Dynamics SL Project Management and Accounting. You will be presented with an overview of the business issues and key implementation strategies encountered with these modules and how they integrate with other Microsoft Dynamics SL modules. A key component of the course includes a hands-on exercise that allows implementation practice.
Audience
People who would like to learn features and procedures required to effectively use and implement Microsoft Dynamics SL Project Controller, Allocator, Time and Expense for Projects and Flexible Billings. This course is recommended for anyone who plans to implement, use, maintain, consult, or support these Microsoft Dynamics SL Project modules. The class is targeted toward anyone who need to understand the technical aspects of these modules and gain foundational knowledge of the application functionality.
At Course Completion
After completing
this course, students will be able to:
• Understand
terminology in the project management environment.
• Explain
how maintenance, data entry, and process screens work for each of the
modules covered.
• Define
projects, tasks, and account categories.
• Identify
the navigation used to access the windows for transactions, reports, utilities,
routines, and inquiries in Project Series.
• Identify
the primary pitfalls or challenges in implementing the modules.
Prerequisites
Before attending
this course, students must have:
• General
knowledge of Microsoft Windows
• Working
knowledge of the Microsoft Dynamics SL Financial modules
• Basic
knowledge of accounting principles
Microsoft Certified Professional Exams
No Microsoft Certified Professional exams are associated with this course currently.
Course Materials
The student kit includes a comprehensive workbook and other necessary materials for this class.
Course Outline
Section 1: Controller
The Project Controller section is designed to give you a comprehensive, practical understanding of the main aspects of setting up and using the Project Controller module. In addition the chapter presents a holistic view of the Project suite.
Main Topics
• Project
Series Features and Benefits
• Project
Controller Overview and Roadmap
• Project
Controller Implementation plan
• Account
categories and task definitions
• Chart
of Account and Flexible Key Maintenance
• Code
Types and Code Files
• Contract
Types and calculation methods
• Project
Maintenance
• Maintaining
Budgets
• Beginning
balances
• Revenue
Recognition
• Equipment
and Resource Maintenance
• Integration
with other Microsoft Dynamics SL modules
• Financial
Transaction Transfer
• Period-end
procedures
• Labs:
Definitions
• Account
Categories/Project and Tasks definition
• Setup
Account Categories
• Associate
Account Categories with General Ledger Accounts
• Set
up Project and Task structure
• Category
report and GL transfer report
Labs: Project
Controller Setup
• Controller
Setup
• Code
Type and Code File Maintenance
• Complete
ID Maintenance
• Flexible
Key Maintenance
Labs: Maintenance
Screens
• Maintenance
screens
• Employee
Information
• Enter
project and budget information
• Generate
a project profile report
Labs: Transactions
and Processes
• Controller
Setup
• Code
Type and Code File Maintenance
• Complete
ID Maintenance
• Flexible
Key Maintenance
Labs: Advanced
options
• Enter
passwords
• Financial
Transaction Transfer (FTT)
• Enter
Project related vouchers
• Project
Inquiries
• Close
Project Controller for the period
After completing
this module, students will be able to:
• Define
projects, tasks, and account categories.
• Understand
how Project Series transactions are created and recorded.
• Analyze
project profitability.
• Set
up the Project Controller module.
• Set
up and assign employees to projects.
• Enter
and revise project transactions.
• Configure
advanced options for equipment and resources.
• Perform
Financial Transaction Transfer.
• Close
Project Controller for the period.
Section 2: Time and Expense for Projects
The Time and Expense for Projects training course is designed to give you a comprehensive, practical understanding of the main aspects of setting up and using the Time and Expense for Projects module.
Main Topics
• Transaction
process flow
• Module
strengths
• Audit
trails
• Labor
Pay types and costing methods
• Time
and Expense Setup
• Time
policies
• Overtime
setup
• Maintaining
employees
• Employee/Position
rate maintenance
• Workers'
Compensation and Union rates
• Timecard
transactions and corrections
• Travel
and expense setup
• Mobile
Time and Expense setup
• Troubleshooting
Labs: Definition
• Design
and set up the employee State ID and Labor Classification
• ID
Maintenance
• Week
Maintenance
Labs: Time
and Expense Setup
• Setup
the Time and Expense module
Labs: Employee
and Resource Maintenance
• Enter
employee information
• Enter
employee position/rate maintenance
• Generate
the employee report
Labs: Timecard
transactions
• Enter
a timecard
• Inquire
on a timecard status
• Approve
timecards
• GL
Labor Posting
Labs: Timecard
corrections
• Enter
employee position/rate changes
• Enter
and approve timecard corrections
• Generate
the timecard report
Labs: Travel
and expense transactions
• Complete
Time and Expense setup
• Expense
type maintenance
• Vendor
maintenance
• Enter
a travel and expense report
After completing
this module, students will be able to:
• Define
and implement employee labor costing methods
• Describe
how labor and expense transactions flow to other modules
• Configure
and set up Time and Expense for Projects
• Perform
an assignment inquiry
• Enter,
review, and approve a timecard
• Enter
travel and expense transactions
• Print
timecard reports and the employee utilization report
Section 3: Allocator
The Project Allocator training course is designed to give you a comprehensive, practical understanding of the main aspects of setting up and using the Project Allocator module.
Main Topics
• Allocator
overview and process flow
• Audit
trails
• Capabilities
of Allocator
• Allocation
process
• Indirect
rate calculator
• Standard
Rate Entry
• Troubleshooting
Labs: Allocator
Setup
• Define
rate types and rate keys
• Define
the rate table hierarchy
• Configure
the rates and allocation method
Labs: Allocation
processor
• Run
the allocation processor
Labs: Printing
reports
• Generate
Allocation Reports
• Create
an Equipment ID
After completing
this module, students will be able to:
• Set
up the Project Allocator module
• Configure
an allocation rate table definition and multi-level rate entry
• Complete
allocation method setup
• Print
reports and run inquiries
Section 4: Flexible Billings
The Flexible Billings training course is designed to give you a comprehensive, practical understanding of the main aspects of setting up and using the Flexible Billings module.
Main Topics
• Flexible
Billings overview and process flow
• Module
strengths
• Implementation
worksheet
• Billing
Policies
• Billing
rules and invoice formats
• Costing
methods
• Billing
information maintenance
• Billing
transaction load
• Sales
tax processing
• Automatic
invoice creation
• Construction
billings
• Troubleshooting
Labs: Flexible
Billings Setup
• Setup
the flexible billings module
• Billing
rule maintenance
• Invoice
Format maintenance
Labs: Billing
Information maintenance
• Defining
projects as billable
Labs: Billing
transactions and processes
• Load
Billing records
• Adjust
invoice amounts
• Review
and print the invoice
• Post
the invoice
After completing
this module, students will be able to:
• Setup
and configure the flexible billings module
• Create
a billing invoice
• Define
a project as billable
• Make
adjustments to invoices
• Enter
percent completion
• Perform
scheduled billings and revenue release
• Enter
a construction billing invoice
• Print
a billing report and perform inquiries
Appendix A: Data Locations
This Appendix provides information about the tables in Project Controller and basic information about how they are used in Microsoft Dynamics SL.
Main Topics
• Data
References
• Troubleshooting
After completing
this module, students will be able to:
• have
an understanding of the tables used in Project Controller and how they
are used by Microsoft Dynamics SL.
• Understand
how to troubleshoot a “Process Already in Progress” Error
in Control Parameter Maintenance (PA.CNT.00)
Appendix B: Project Controller Case Study
This case study is a comprehensive lab that can be used to reinforce the learning that has occurred throughout the Project Series class. The Case Study is generally completed by students on their own after class.
Main Topics
• Creating
new Account Categories
• Associating
GL Accounts and Account Categories
• Setting
up a new Line of Business
• Creating
a new Project
After completing
this module, students will be able to:
• Comprehensively
understand the Project Series modules described in this courseware.
• Have
more confidence in their ability to use Project Series in their company.
Appendix C: Time and Expense for Projects Case Study
This case study guides you through typical functions related to the Time and Expense for Projects module. The Case Study is generally completed by students on their own after class.
Main Topics
• Set
up new Labor Class
• Create
New Employee
• Enter
Timecards
• Create
Timecard Correction
• Complete
Expense Type Maintenance
• Complete
Vendor Maintenance
• Enter
Travel and Expense Report
• Complete
GL Labor posting process
After completing
this module, students will be able to:
• Comprehensively
understand the Time and Expense modules described in this courseware.
• Have
more confidence in their ability to use Time and Expense module in their
company.
For more information or to give feedback, send e-mail to info@OneApex.com or call 949-597-2100
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