Course Outline:

Chapter 1: Setup

This chapter focuses on project setup procedures. In this chapter we will configure an accruable line property, Estimate project, and set up ledger accounts. We will also discuss how to define project periods. We will discuss ledger posting accounts and create cost templates. You will also learn how to set up and use Estimate projects and accruable line properties.

After completing this module, students will be able to:

• Create accruable line properties.
• Setup applicable ledger posting accounts.
• Define project periods.
• Create cost templates.
• Set up Estimate projects.

Chapter 2: Advanced Setup Options

In this chapter we will set up and activate project journal validation. You will learn how project validation can be used to control the recording of project expenditures. You will have the chance to set up detailed restrictions used to control project expenses.

After completing this module, students will be able to:

• Explain Project Validation.
• Set up and Activate Project Journal Validation.
• Understand and Recognize Different Available Validation Reports.

Chapter 3: Project Control for Internal and Time & Material Projects

This chapter introduces you to advanced internal and time and material projects. Specifically we will cover the use of Work In Process (WIP) and how to accrue costs and revenues.

After completing this module, students will be able to:

• Work with WIP in internal projects.
• Work with WIP and accruals in time and material projects. 

Chapter 4: Fixed Price Project Estimate Control

This chapter focuses on the concepts and routines behind estimating fixed-price projects. The usage of Fixed Price Project Estimate Control is an important key to successful project accounting and, in turn, a successful project.

After completing this module, students will be able to:

• Create accruable line properties.
• Understand the Concept of How Fixed-price Projects are Run using the Estimate Project.
• Understand the Estimate Control Process.

Chapter 5: Internal Cost Project with WIP

This chapter describes the accounting principles involved with running an internal project with work in process (WIP) in Microsoft Dynamics AX Project module.

After completing this module, students will be able to:

• Set up ledger posting accounts for an internal project with WIP.
• Track the financial effects of an internal project with WIP. 

Chapter 6: Time and Material Project with WIP

This chapter describes the accounting principles involved with running time and material projects with work in process (WIP) in Microsoft Dynamics AX Project module. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Set up ledger posting accounts for a time and material project with WIP.
• Track the financial effects of a time and material project with WIP. 

Chapter 7: Time and Material Project with Accruals

This lesson describes the accounting principles involved with running time and material projects with accruals in Microsoft Dynamics AX Project. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Set up ledger posting accounts for a time and material project with accruals.
• Track the financial effects of an time and material project with accruals.

Chapter 8: Fixed Price Project No WIP No Match

This chapter of the Project II manual describes the accounting principles involved with running simple fixed-price projects without WIP and matching in Microsoft Dynamics AX Project. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Set up ledger posting accounts for Simple Fixed Price Projects.
• Track the financial effects of a Simple Fixed Price Project.

Chapter 9: Fixed Price Project with Completed Contract and Sales Value

This chapter describes the accounting principles involved with running advanced fixed-price project with the completed contract and sales value principles. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Learn About Advanced Fixed Price Projects with Completed Contract and Sales Value.
• Track the Financial Effects of an Advanced Fixed Price Project Example using the Completed Contract and Sales Value method.

Chapter 10: Fixed Price Project with Completed Contract and Production + Profit

This chapter describes the accounting principles involved with running advanced fixed-price projects with the completed contract and production and profit principles. You can set up ledger posting accounts and track financial effects when you use this project types.

After completing this module, students will be able to:

• Learn About Advanced Fixed Price Projects with Completed Contract and Production + Profit.
• Track Financial Effects on an Advanced Fixed Price Project Example using the Completed Contract and Production + Profit Method.

Chapter 11: Fixed Price Project with Completed Percentage and Sales Value

This chapter describes the accounting principles involved with running advanced fixed-price projects with the completed percentage and sales value principles. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Learn about a Fixed Price Project with Completed Percentage and Sales Value.
• Track the Financial Effects of an Advanced Fixed Price Project Example using the Completed Percentage and Sales Value Method.

Chapter 12: Fixed Price Project with Completed Percentage and Production + Profit

This chapter describes the accounting principles involved with running advanced fixed-price projects with the completed percentage and production and profit principles. You can set up ledger posting accounts and track financial effects when you use this project type.

After completing this module, students will be able to:

• Learn about a Fixed Price Project with Completed Percentage and Sales Value.
• Learn about Fixed Price Projects with Completed Percentage and Production + Profit.
• Track Financial Effects of an Advanced Fixed Price Project Example Using the Completed Percentage and Production + Profit Value Method.