This course covers the financial aspects of Dynamics 365: configure and use essential financial components, accounts payable, accounts receivable, collections, budgeting, fixed assets, and additional functionality.

Audience Profile

As a Dynamics 365 for Finance and Operations Functional Consultant, you analyze business requirements and translate them into fully realized business processes and solutions that implement industry-recommended practices. You have a fundamental understanding of accounting principles and a deeper understanding of financial operations as they relate to core finance, manufacturing, retail, and supply chain management operations. You specialize in one or more feature sets of Dynamics 365 Finance including core finance, general ledger, tax, cost accounting, cost management, fixed assets, asset leasing, budgeting, revenue recognition, consolidation and elimination, credit and collections, cash and bank management, and expense management. You understand the relationships between finance and manufacturing, retail, and supply chain management.

Course Syllabus

Configure financial management

• Get started with Dynamics 365 Finance
• Configure currencies in Dynamics 365 Finance
• Create fiscal calendars, years, and periods in Dynamics 365 Finance
• Get started with chart of accounts in Dynamics 365 Finance
• Set up chart of accounts in Dynamics 365 Finance
• Set up financial dimensions in Dynamics 365 Finance
• Set up ledgers and journals in Dynamics 365 Finance
• Perform general ledger daily procedures in Dynamics 365 Finance
• Intercompany accounting in Dynamics 365 Finance
• Configure ledger allocations and accruals in Dynamics 365 Finance
• Configure and perform periodic processes in Dynamics 365 Finance
• Work with analytics and reporting in finance and operations apps
• Configure cash and bank management in Dynamics 365 Finance
• Set up taxes in Dynamics 365 Finance
• Work with taxes in Dynamics 365 Finance

Manage accounts receivable

• Set up accounts receivable in Dynamics 365 Finance
• Get started with accounts receivable daily procedures in Dynamics 365 Finance
• Set up credit and collections in Dynamics 365 Finance
• Process credit and collections in Dynamics 365 Finance

Manage accounts payable

• Configure Accounts payable in Dynamics 365 Finance
• Work with accounts payable daily procedures in Dynamics 365 Finance
• Work with accounting distributions, invoice validations, and settlements in Dynamics 365 Finance
• Set up and use Intelligent OCR for vendor invoices in Dynamics 365 Finance
• Get started with Expense management in Dynamics 365 Project Operations
• Set up and configure Expense management in Dynamics 365 Project Operations

Perform budgeting and forecasting

• Set up and use basic budgeting Dynamics 365 Finance
• Set up and use budget control in Dynamics 365 Finance
• Configure and use budget planning in Dynamics 365 Finance

Administer fixed assets and inventory

• Configure fixed assets management in Dynamics 365 Finance
• Set up and acquire fixed assets in Dynamics 365 Finance
• Manage fixed assets in Dynamics 365 Finance
• Work with fixed asset deprecation and disposal in Dynamics 365 Finance