Microsoft AX 2012 Fundamentals (ERP) Course Overview

Microsoft AX 2012 Fundamentals (ERP) Course Overview

The Microsoft AX 2012 Fundamentals course is a comprehensive program designed to introduce learners to the core functionalities of the Dynamics AX 2012 ERP system. It covers the essential aspects of the application, starting with Module 1: Explore the core capabilities of AX2012 apps, which provides an overview of the system's architecture, user interface, and basic navigation.

Module 2: Learn the Fundamentals of AX2012 Finance delves into financial management, including ledger setup, budgeting, and financial reporting. Module 3: Learn the fundamentals of AX2012 Supply Chain Management covers inventory management, sales, and purchasing processes. Lastly, Module 4: Learn the fundamentals of AX2012 Human Resources addresses employee management, recruitment, and payroll.

This course is beneficial for professionals seeking to understand the AX2012 system to enhance business processes and for those aiming to gain expertise in Microsoft Dynamics AX. By mastering these fundamentals, learners can effectively contribute to their organization's resource planning and management.

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Course Prerequisites

Certainly! For students interested in undertaking the Microsoft AX 2012 Fundamentals (ERP) course, it is important to have a foundation of knowledge and skills to ensure a successful learning experience. Below are the minimum required prerequisites:


  • Basic understanding of ERP (Enterprise Resource Planning) concepts and the purpose of ERP software in business operations.
  • Familiarity with the basic principles of finance, supply chain management, and human resources to grasp the application of AX 2012 in these areas.
  • General knowledge of Microsoft Windows operating systems and the ability to navigate Windows-based software.
  • Comfort with using a computer for tasks such as internet browsing, using office productivity software (e.g., Microsoft Office), and managing files and folders.
  • Willingness to learn and adapt to new software tools and business processes.
  • While not mandatory, experience in a business environment where ERP systems are used can be beneficial.

The above prerequisites are designed to ensure students have the foundational skills needed to effectively engage with the course material and apply the concepts of Microsoft AX 2012 in a practical context.


Target Audience for Microsoft AX 2012 Fundamentals (ERP)

  1. Microsoft AX 2012 Fundamentals is a comprehensive ERP training course for professionals looking to master finance, supply chain, and HR functionalities.


  2. Target Audience for Microsoft AX 2012 Fundamentals:


  • ERP Analysts
  • Financial Controllers
  • Accountants
  • Supply Chain Managers
  • Operations Managers
  • Human Resources Professionals
  • IT Professionals working with ERP systems
  • Project Managers overseeing ERP implementation
  • Business Analysts
  • System Administrators
  • Consultants specializing in enterprise solutions
  • Professionals seeking a career shift to ERP systems
  • End Users of Microsoft Dynamics AX software
  • Technical Support Staff for ERP systems


Learning Objectives - What you will Learn in this Microsoft AX 2012 Fundamentals (ERP)?

  1. This Microsoft AX 2012 Fundamentals course offers students a comprehensive understanding of the core capabilities of Dynamics AX 2012, with a focus on Finance, Supply Chain Management, and Human Resources.

  2. Learning Objectives and Outcomes:

  • Gain a solid grasp of the basic concepts and architecture of Microsoft Dynamics AX 2012.
  • Understand the core functionalities within the AX 2012 applications, including the user interface and navigation.
  • Learn fundamental financial operations, including ledger setup, budgeting, and the configuration of financial modules.
  • Explore accounts payable and receivable management, including vendor and customer transactions.
  • Understand the basics of supply chain management, including inventory management, procurement, and product information management.
  • Learn to manage sales orders, purchase orders, and the end-to-end procurement process.
  • Acquire knowledge on production control and how to streamline manufacturing operations.
  • Gain insight into the fundamentals of AX 2012 Human Resources, including employee recruitment and retention strategies.
  • Understand payroll setup, benefits management, and the integration of HR with other modules.
  • Develop the ability to analyze and generate reports for informed decision-making within the various functional areas of Microsoft Dynamics AX 2012.

Technical Topic Explanation

User Interface

User Interface (UI) refers to the visual and interactive elements of a software application or electronic device that allow users to interact with it. These elements can include buttons, menus, icons, and other controls that users engage with to navigate and operate the software or device. A well-designed UI provides intuitive, easy-to-use, and efficient interaction, enhancing the user’s overall experience by making the technology accessible and straightforward. UI design focuses on the look and feasibility of the interface from the user's perspective.

Basic Navigation

Basic navigation in Microsoft Dynamics AX 2012 involves mastering the main interface and understanding how to access different modules effectively. You'll learn to utilize the Role Center as your primary dashboard, providing quick insights and access to common tasks. The navigation pane allows switching between modules like Finance, HR, and Inventory seamlessly. Familiarizing with the Address Book and common forms is crucial, while shortcut keys and quick tabs enhance efficiency. Efficient navigation is essential for leveraging the full potential of Dynamics AX 2012, enhancing productivity and making the process of achieving Microsoft AX 2012 certification smoother.

Budgeting

Budgeting is the process of creating a plan to spend your money. This spending plan, known as a budget, allows you to determine in advance whether you will have enough money to do the things you need to do or would like to do. Budgeting helps prioritize spending on essential items and projects, like Microsoft Dynamics AX 2012 training, by forecasting incoming revenue versus outgoing expenses. Effective budget management ensures that resources are allocated efficiently, potentially funding certifications such as Microsoft AX 2012 certification, and helps keep financial goals on track over a set period, typically a year.

Financial Reporting

Financial reporting is the process of producing statements that disclose an organization's financial status to management, investors, and the government. Essentially, it involves the summary of financial data, extracted from accounting records, to disclose profitability, liquidity, and solvency ratios of the business. This enables stakeholders to make informed decisions. It follows legal requirements and accounting standards, ensuring transparency and accountability in business practices.

Financial Management

Financial management involves planning, organizing, directing, and controlling financial activities such as procurement and utilization of funds within an organization. This process is crucial for maximizing return on investment and reaching strategic financial goals. It covers understanding financial statements, managing cash flow, budget planning, and ensuring that the long-term business objectives are met through wise spending and investment strategies. Effective financial management is essential to increase a company's value and ensure its financial stability by managing risks associated with assets and liabilities, including potential financial losses.

Ledger Setup

Ledger setup in Microsoft Dynamics AX 2012 involves configuring the financial framework of an organization within the system. This setup includes defining the chart of accounts, fiscal calendars, currency exchange rates, and the ledger’s accounting periods. Effective ledger setup ensures accurate financial reporting and compliance with accounting standards, supporting core business processes. Proper training in Dynamics AX 2012, including understanding ledger setup, is crucial for optimal software utilization, potentially leading toward certification for professionals who seek to validate their skills and enhance their career prospects in financial management systems.

Inventory Management

Inventory Management is the process of organizing and regulating the supply, storage, and distribution of stock. Businesses use it to ensure they have the right products in the right quantity and avoid overstocking or stockouts. Efficient inventory management can minimize costs and maximize sales by keeping track of all items from the moment they are acquired to the moment they are sold. Systems like Microsoft Dynamics AX 2012 facilitate this by providing tools that automate these tasks, making tracking, managing, and forecasting inventory levels much more straightforward. Proper training in these systems enhances operational efficiency and decision-making.

Recruitment

Recruitment involves identifying and attracting potential job candidates to meet an organization's workforce needs. The process begins with defining the role, then advertising it to attract applicants. Screening resumes, conducting interviews, and evaluating skills, including familiarity with systems like Microsoft Dynamics AX 2012 for specific roles, follows. The goal is to find not only skilled individuals but also those who fit well with the company's culture and values, ensuring a high chance of success and retention in the organization. The process concludes with the selection and hiring of the most suitable candidate.

Purchasing Processes

Purchasing processes involve the steps an organization takes to acquire the goods and services it needs. These steps typically include identifying requirements, selecting suppliers, negotiating terms, issuing purchase orders, and managing receipts and invoices. Effective management of these processes can be enhanced by utilizing robust software platforms like Microsoft Dynamics AX 2012, which offers tools for automating and optimizing procurement activities. Training in Dynamics AX 2012 can equip professionals with the necessary skills to efficiently handle purchasing operations and improve organizational expenditure and supply chain management.

Employee Management

Employee Management involves overseeing and coordinating all aspects of an organization's workforce. It focuses on optimizing employee performance, enhancing their skills, and maintaining high levels of engagement. Effective management includes tasks like recruitment, training, development, and compensation. Utilizing tools like Microsoft Dynamics AX 2012 can significantly streamline these processes. Microsoft Dynamics AX 2012 training enhances the user's ability to effectively use this comprehensive enterprise resource planning (ERP) solution to handle various facets of employee management, potentially leading to better organizational efficiency and productivity.

Payroll

Payroll is the process used by businesses to pay their employees, including salary calculation, deduction application, and payment distribution. It involves keeping track of worked hours, calculating earnings, withholding taxes, and delivering payslips. Effective payroll management ensures compliance with labor laws and taxation regulations, and supports good employee morale by ensuring workers are paid accurately and promptly. It also manages benefits like health insurance and retirement contributions, which can involve intricate data management and calculations. Proper training and software, such as Microsoft Dynamics AX 2012, help professionals maintain payroll accuracy and efficiency, vital for any business's operation.

Target Audience for Microsoft AX 2012 Fundamentals (ERP)

  1. Microsoft AX 2012 Fundamentals is a comprehensive ERP training course for professionals looking to master finance, supply chain, and HR functionalities.


  2. Target Audience for Microsoft AX 2012 Fundamentals:


  • ERP Analysts
  • Financial Controllers
  • Accountants
  • Supply Chain Managers
  • Operations Managers
  • Human Resources Professionals
  • IT Professionals working with ERP systems
  • Project Managers overseeing ERP implementation
  • Business Analysts
  • System Administrators
  • Consultants specializing in enterprise solutions
  • Professionals seeking a career shift to ERP systems
  • End Users of Microsoft Dynamics AX software
  • Technical Support Staff for ERP systems


Learning Objectives - What you will Learn in this Microsoft AX 2012 Fundamentals (ERP)?

  1. This Microsoft AX 2012 Fundamentals course offers students a comprehensive understanding of the core capabilities of Dynamics AX 2012, with a focus on Finance, Supply Chain Management, and Human Resources.

  2. Learning Objectives and Outcomes:

  • Gain a solid grasp of the basic concepts and architecture of Microsoft Dynamics AX 2012.
  • Understand the core functionalities within the AX 2012 applications, including the user interface and navigation.
  • Learn fundamental financial operations, including ledger setup, budgeting, and the configuration of financial modules.
  • Explore accounts payable and receivable management, including vendor and customer transactions.
  • Understand the basics of supply chain management, including inventory management, procurement, and product information management.
  • Learn to manage sales orders, purchase orders, and the end-to-end procurement process.
  • Acquire knowledge on production control and how to streamline manufacturing operations.
  • Gain insight into the fundamentals of AX 2012 Human Resources, including employee recruitment and retention strategies.
  • Understand payroll setup, benefits management, and the integration of HR with other modules.
  • Develop the ability to analyze and generate reports for informed decision-making within the various functional areas of Microsoft Dynamics AX 2012.