After completing Trade & Logistics I course, students will be able to: • Create Purchase and Sales orders • Create and manage inventory and inventory dimensions • Post Purchase and Sales transactions • Assign and manage serial and batch numbers • Allow for over/under delivery of goods • Assign miscellaneous charges • Set up and manage quarantine management functionality • Assign ABC Classifications to items • Report on inventory, sales, and purchasing activities
After completing Trade & Logistics Series II 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

These above courses will prepared you for: Microsoft Dynamics AX 4.0 Trade and Logistics Certification Exam (VUE Exam # AX 40-509, Prometric Exam # MB6-509)

Before attending this course, students must have: • General knowledge of Microsoft Windows • The ability to use Microsoft Dynamics AX 4.0 for basic processing In addition, it is recommended, but not required, that students have completed: • Basic knowledge of trade and logistics • Basic knowledge of inventory management concepts

Microsoft Dynamics Axapta 4.0 - Trade & Logistics I (AX 4.0 - 8625)
Microsoft Dynamics™ AX 4.0 Trade & Logistics Series II (AX 4.0 - 8631)