KEY FEATURES

During this course you will learn how to configure and use essential components of financial management, about accounts payable, receivable, and collections as well as budgeting, fixed assets, and additional functionality in Dynamics 365 for Finance and Operations.

What's Included

Your course package is designed to provide maximum learning and convenience. This is included in the price of your course:

• INSTRUCTOR-LED TRAINING
• ALL COURSE MATERIALS
• EXAM
• CERTIFICATION GUARANTEE
• TRANSPORT SERVICE
• PRE-READING
• INSTRUCTOR-LED TRAINING
• ACCOMMODATION
• ALL COURSE MATERIALS
• ALL MEALS
• EXAM ONSITE
• CERTIFICATION GUARANTEE

EXAMS & CERTIFICATIONS

Your expert instructor will get you ready for the following exam(s) and certification(s), which are included in your course package and covered by the Certification guarantee.

• Microsoft Dynamics 365 Finance
• Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate​

PREREQUISITES

Before attending this course, you must have a basic understanding of ERP and CRM concepts.
During this course you will sit the MB-310 exam, but in order to be eligible for the Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate​ certification, you need the MB-300 exam as well.

Full curriculum

Using our engaging learning methodology using a variety of tools, we’ll cover the entire curriculum.

Set up and configure financial management
Define and configure the chart of accounts
- define and configure the chart of accounts and main accounts
- describe use cases for main accounts categories, ledger account aliases, and balance control accounts
- configure financial dimensions and dimension sets
- configure legal entity overrides for financial dimensions and main accounts
- create and configure account structures and advanced rules

Configure ledgers and currencies
- construct fiscal calendars, years, and periods
- configure the ledger
- describe and configure batch transfer rules
- set up currencies and conversions for a legal entity
- manually enter currency exchange rates
- configure currency exchange rate providers.

Implement and manage journals
- describe options for implementing voucher numbers in journals
- configure journal names
- set up journal controls and posting restriction rules
- describe and configure journal approvals
- create voucher templates
- describe use cases for periodic journals
- configure and apply accrual schemes
- set up intercompany accounting

Implement and manage cash and bank
- create and maintain bank groups and bank accounts
- describe and configure electronic payment formats
- configure and process bank reconciliations including advanced bank reconciliations
- configure cash flow reports

Implement cost accounting and cost management
- describe cost accounting processes and terms
- configure cost accounting processes
- create a cost accounting report by using the Cost Accounting Report wizard
- describe and configure the costing sheet and indirect costs
- configure cost objects and cost groups
- implement inventory costing versions
- differentiate between inventory costing methodologies
- configure item groups and posting profiles
- perform inventory closing and adjustment processes

Perform periodic processes
- configure a financial period workspace and closing schedule
- define and demonstrate periodic closing processes and end-of-year processes
- perform financial consolidation and elimination processes
- configure allocation terms for a main account
- create and process ledger allocation rules
- implement foreign currency revaluation processes
- create and management financial reports including row, column, and report definitions

Configure, collect, and report taxes
- configure tax groups, tax codes, settlement periods, and jurisdiction
- configure tax ledger posting groups
- prepare periodic filings including end-of-year tax reporting

Implement and manage accounts payable and expenses
Implement and manage Accounts payable
- configure invoice validation policies
- set up vendor posting profiles
- process orders, invoices, and payments
- configure the Vendor Collaboration module
- configure vendor payments including positive pay and payment calendars
- configure accounts payable charges

Configure and use expense management
- configure expense management including categories, per diem options, mileage expenses, and personal expenses
- configure workflows for expense management
- describe use cases for expense management policies and the Audit workbench
- describe and configure credit card processing
- manage expense reports

Implement accounts receivable, credit, collections, and revenue recognition
Implement and manage accounts receivable
- set up customer posting profiles
- configure and process free text invoices
- process orders, invoices, and payments
- configure customer payment setup
- configure accounts receivable charges

Manage credit and collections
- configure credit management processes
- configure collections management processes
- manage delinquent customers
- prepare and send customer account statements
- manage customer credit limits and credit holds
- set up and process collection letters and interest notes

Configure revenue recognition
- configure journals and parameters for revenue recognition
- implement revenue schedules
- enter and process revenue recognition transactions

Manage budgeting and fixed assets
Configure and manage budgeting processes
- configure budgeting components including budget models, codes, allocation terms, cycles, and transfer rules
- create a budget plan including scenarios, stages, allocation stages, stage allocations, and templates
- define a budget planning process and plan a budget
- configure budget controls including cycle time spans, budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions
- create and configure registry entries
- implement budget workflows
- perform budget checks on documents and journals

Implement and manage fixed assets
- create fixed assets and fixed assets groups
- configure fixed asset parameters
- describe and configure fixed asset books and depreciation
- enable integration with purchasing, projects, and free text invoices
- acquire, depreciate, and dispose of fixed assets
- create fixed asset budgets and transfer the budgets to the budgeting module
- estimate and perform an elimination of a project to a fixed asset