Debit / Credit in Dynamics NAV - Basics
4.1 (12 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
65 students enrolled

Debit / Credit in Dynamics NAV - Basics

Are you working with Dynamics NAV and would you know how basic accounting works? Then this Debit / Credit course is it!
4.1 (12 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
65 students enrolled
Created by Thomas Terkelsen
Last updated 3/2018
English
English [Auto-generated]
Price: $19.99
30-Day Money-Back Guarantee
This course includes
  • 1.5 hours on-demand video
  • 1 downloadable resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • You will be learn basic accounting and in the context of Dynamics NAV.
Requirements
  • Only a desire to learn basic debit and credits is required.
Description

In this particular course I am going to teach the basics of debit and credit in the contest of Dynamics NAV. You do not have to have any experience with debit/credit, but it will help if you do. The course therefore is for the beginner with no debit/credit experience as well as the more experienced user or consultant needing a brush up.

The course consists of two videos where the first video focuses on how to book your debits and credits when you are buying and selling in cash whereas the second video focuses on the same transactions but where you buy and sell on credit.

The first video starts with an explanation of the concepts of Assets, Liabilities, Profit and Loss and once I’ve gone through that, we will look at the following debit/credit transactions:
- The first transaction to start a company.
- Cash Transactions without VAT.
    - Buy a pizza.
    - Buy an iPad for resale.
    - Sell an iPad.
- Cash Transactions with VAT.
    - Buy a pizza.
    - Buy an iPad for resale.
    - Sell an iPad

In the second video we are going through the same transactions, only this time we will be buying and selling on credit.
- Credit Transactions without VAT.
    - Buy a pizza.
    - Buy an iPad for resale.
    - Sell an iPad.
- Credit Transactions with VAT.
    - Buy a pizza.
    - Buy an iPad for resale.
    - Sell an iPad

In addition, we will look at booking the debits and credits when
- Paying our Vendor
- Receiving money from our customer
- Move our profits to the Equity (retained earnings).
- Buy and iPad the NAV way.

When you have completed this course you will have a solid understanding of accounting and debit/credit book keeping. 

Who this course is for:
  • Any Dynamics NAV user or consultant wanting to understand the basics of Debit / Credit.
Course content
Expand 5 lectures 01:32:53
+ Introduction
5 lectures 01:32:53

Download the Excel Sheet here: https://www.dropbox.com/s/glbdyuufdqnrbk2/debet.kredit.training.xlsx?dl=0

Preview 39:30
Debit / Credit Part 2
30:01
Bonus Video 1
10:22
Bonus Video 2
08:59