Debit / Credit in Dynamics NAV - Basics

🌟 Course Title: Debit/Credit in Dynamics NAV - Basic 🌟

Headline: Are you working with Dynamics NAV and would you know how basic accounting works? Then this Debit/Credit course is it!

🚀 Course Description:

Welcome to the foundational course on Debit/Credit in Dynamics NAV, designed for enthusiasts of all levels, from beginners to seasoned users. Whether you're new to the world of debit and credit or looking to refine your understanding, this course will guide you through the essentials of accounting within Dynamics NAV.

📚 What You'll Learn:

• Introduction to Core Concepts: We kick off with a comprehensive introduction to key concepts such as Assets, Liabilities, Profit and Loss, ensuring you have a solid foundation before diving into transactions.

• Cash Transactions: In our first video, we'll explore the following transactions:

  • Starting a Company: Learn how to establish a new company in Dynamics NAV.
  • Buying and Selling Goods: We'll walk through buying a pizza and an iPad for resale, followed by selling that iPad. Both with and without VAT (Value-Added Tax).

• Credit Transactions: Our second video focuses on transactions involving credit terms:

  • Buy and Sell on Credit: We'll go through the process of buying a pizza, an iPad for resale, and selling that iPad, all under credit arrangements. Again, we'll cover both VAT and non-VAT scenarios.

• Handling Payments and Receipts: You'll learn how to handle payments to vendors and receipts from customers, including the proper posting of these transactions in Dynamics NAV.

• Profit Distribution: We'll cover the process of moving profits to Equity (often referred to as Retained Earnings).

• Navigating Vendor Transactions: Learn how to book an iPad purchase directly within Dynamics NAV.

🎓 Key Features:

• Interactive Learning: Engage with real-world scenarios and practical examples that bring the concepts to life.
• Step-by-Step Instructions: Detailed guidance for each step of the transaction process, ensuring clarity and comprehension.
• Real Dynamics NAV Use Cases: Discover how debit and credit transactions are handled in a real Dynamics NAV environment.

📈 Course Outcome:

Upon completing this course, you will have a comprehensive understanding of the basics of accounting within Dynamics NAV, including how to handle debit and credit transactions. You'll be equipped with the knowledge to manage your company's finances accurately and confidently in Dynamics NAV.

Join me, Thomas Terkelsen, as we navigate through the intricacies of Dynamics NAV accounting together. Sign up now and embark on a journey to mastering Debit/Credit essentials! 🎓💡

[Enroll Now] Button (Here)