The goal of this on-demand training workshop is to introduce you to the Closing process in Microsoft Dynamics 365 Business Central (NAV) and provide best practices for this important feature. We will walk you through the processes for your month-end close, and then we will discuss how to close your fiscal year.

For month-end closing, you will learn:

- Best practices for Month-End Close
- How to Update Posting Date Ranges
- How to Close Inventory Periods
- How to Reconcile Accounts Receivable
- How to Reconcile Accounts Payable
- How to Reconcile Inventory

Then, for year-end closing, you will learn:

- Best Practices for Year-End Close
- How to Create a New Fiscal Year
- How to Close Income Statements
- How to Prepare for an Audit

Student Access: To promote learning progression, students are given 30 days to complete this course. If more time is needed at the end of 30 days, simply reach out to us and we can extend your learning period.

Hours of recorded course content: 1:36
Expected hours to complete course: 2:00
Course Level: Basic
Prerequisites: None
Delivery Method: QAS Self Study/Online eLearning
Course Administrative Policies: https://skillup.dynamicsuser.net/about-us