Business Central Functional with Taxation Course Overview

Business Central Functional with Taxation Course Overview

The Business Central Functional with Taxation course is designed to educate learners on the comprehensive functionality of Microsoft Dynamics 365 Business Central, with a specific focus on its taxation features. This course offers a deep dive into the essential modules and setup configurations necessary for effectively managing a business's financial operations, including tax management.

Through a series of structured modules, participants will explore use cases, technology underpinnings, navigation, and basic tasks within Business Central. Moreover, learners will gain practical experience in Business Central setup, including creating a new company, data migration, security management, financial configurations, and application setup.

The course provides a thorough understanding of operational processes, sales and purchase pricing, inventory management, and financial transactions. Integration and automation with other applications, such as Power BI, Power Automate, and Power Apps, are also covered, ensuring learners can streamline workflows and improve efficiency.

One of the key focus areas of the course is taxation, where learners will delve into the intricacies of financial reporting, inventory valuations, cost of goods sold (COGS), and consolidation, which are all critical for managing a business's tax obligations effectively.

By mastering Dynamics 365 Business Central setup and its taxation capabilities, learners will be equipped to optimize financial processes, ensure tax compliance, and make informed business decisions, thus enhancing their professional skills in the ecosystem of Microsoft Dynamics 365.

Koenig's Unique Offerings

images-1-1

1-on-1 Training

Schedule personalized sessions based upon your availability.

images-1-1

Customized Training

Tailor your learning experience. Dive deeper in topics of greater interest to you.

images-1-1

4-Hour Sessions

Optimize learning with Koenig's 4-hour sessions, balancing knowledge retention and time constraints.

images-1-1

Free Demo Class

Join our training with confidence. Attend a free demo class to experience our expert trainers and get all your queries answered.

Purchase This Course

2,300

  • Live Online Training (Duration : 48 Hours)
  • Per Participant
  • Guaranteed-to-Run (GTR)
  • date-img
  • date-img

♱ Excluding VAT/GST

Classroom Training price is on request

  • Live Online Training (Duration : 48 Hours)
  • Per Participant

♱ Excluding VAT/GST

Classroom Training price is on request

Request More Information

Email:  WhatsApp:

Winner of the Microsoft’s Asia Superstar Campaign in FY 22

Course Prerequisites

To ensure the best learning outcomes for the Business Central Functional with Taxation course, participants are advised to have the following minimum prerequisites:


  • Basic understanding of business processes and accounting principles.
  • Familiarity with the general concepts of ERP (Enterprise Resource Planning) systems.
  • Proficiency in using Windows operating systems and general office productivity software (such as Microsoft Office).
  • An interest in learning how to apply technology solutions to business scenarios.
  • Ability to navigate and comprehend software user interfaces.
  • Some previous exposure to financial reporting or bookkeeping is beneficial but not mandatory.

These prerequisites are designed to provide a foundation upon which the course material can build. They are not intended to be barriers to entry but rather to ensure that all participants can effectively engage with and benefit from the course content.


Target Audience for Business Central Functional with Taxation

The Business Central Functional with Taxation course is designed for professionals looking to master financials, operations, and integrations within Business Central.


Target Audience for the Course:


  • Financial Analysts
  • Accountants and CPAs
  • ERP Consultants
  • Business Analysts
  • Operations Managers
  • IT Managers
  • Project Managers overseeing financial system implementations
  • Sales and Purchasing Managers
  • Inventory and Supply Chain Specialists
  • Professionals in charge of business process automation
  • Tax Professionals and Tax Consultants
  • Data Analysts interested in financial reporting
  • CFOs and Financial Controllers
  • End Users of Microsoft Dynamics 365 Business Central
  • Professionals preparing for a role that requires knowledge of Business Central
  • Microsoft Partners specializing in Business Central implementations


Learning Objectives - What you will Learn in this Business Central Functional with Taxation?

Introduction to Learning Outcomes

In this comprehensive Business Central Functional with Taxation course, participants will acquire expertise in configuring and utilizing the key functionalities of Business Central, focusing on financial management, taxation, and integration capabilities.

Learning Objectives and Outcomes

  • Understand the key features of Business Central modules and effectively navigate the user interface to perform essential tasks.
  • Master the setup and management of a new company within Business Central, including data migration and security management.
  • Configure core financial management aspects such as the chart of accounts, posting groups, and dimensions for accurate financial reporting.
  • Implement and manage sales and purchase processes, including inventory setup, pricing, and discounts.
  • Develop proficiency in managing financial transactions, order promising, and inventory costing to optimize operations.
  • Integrate Business Central with other applications and automate workflows using Power Automate, Power Apps, and Power BI.
  • Gain thorough knowledge of taxation within Business Central, including trial balance reporting with multiple dimensions and aging reports for receivables and payables.
  • Learn to perform inventory valuations and reconciliations, calculate the cost of goods sold (COGS), and execute journal entries for revaluations and corrections.
  • Master the consolidation process to combine financial data from multiple entities or departments for comprehensive analysis.
  • Enable and integrate Co-Pilot in Business Central to enhance user experience and facilitate smoother operations.