• Overview
• Outline
• Schedule

About This Course

The two-day Microsoft Dynamics AX 4.0 Trade & Logistics, Series 2, course introduces advanced Trade & Logistics functionality in Dynamics AX 4.0, Series 2 builds on information taught in Series 1 that serves as an introduction to Microsoft Dynamics AX 4.0 Trade & Logistics functionality. Series 2 covers Item Registration, Item Reservations and Marking, Item Returns, Customer and Vendor Trade Agreements, Inventory Closing, Inventory Journals, Transfer Orders and Commissions.

Audience Profile

This course is for customers wishing to learn more advanced features and functions offered in Microsoft Dynamics AX 4.0 Trade & Logistics. This course is intended to follow Microsoft Dynamics AX 4.0 Trade & Logistics, Series 1.

The class is targeted toward sales and purchase managers, salespeople, purchasers, and others in an organization who are responsible for the setup and administration of trade and logistics, and inventory management functionality.

Prerequites

Before attending this course, students must have:

• General knowledge of Microsoft( Windows(
• The ability to use Microsoft Dynamics AX 4.0 for basic processing
• Completed Microsoft Dynamics AX 4.0 Trade & Logistics, Series 1

In addition, it is recommended, but not required, that students have completed:

• Knowledge of trade and logistics
• Knowledge of inventory management concepts

At Course Completion

After completing this course, students will be able to:

• Understand the role of item registration during the pick process
• Register serialized and batch inventory
• Reverse and split a pick
• Edit Item dimensions during picking
• Manually reserve inventory
• Set up automatic and explosion inventory reservation
• Query, cancel, or change a reservation
• Use the Marking functionality to link item issues to receipts
• Create Vendor returns
• Create Return actions
• Create Customer credit notes
• Set up, activate, and modify Customer and Vendor trade agreements
• Understand Customer and Vendor Price/Discount groups
• Set up and use Supplementary items
• Understand the issues involved in inventory costing
• Identify different inventory models and the effects these have on inventory valuation
• Close inventory and perform inventory recalculations
• Perform manual adjustments to transactions and on hand
• Use inventory costing and adjustment reports
• Understand the use of journals to make inventory adjustments
• Understand how to use the Counting journal to support and adjust physical inventory counts
• Use Tag Counting to count physical inventory
• Create a transfer order
• Use Release Transfer Order Picking to pick inventory for transfer orders
• Ship and receive transfer orders
• Set up sale commission based on percentage of revenue or contribution margin
• Understand and view commission transactions created during Invoice updating a Sales order