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 This course may earn a Credly Badge.

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* Actual course outline may vary depending on offering center. Contact your sales representative for more information.

Learning Objectives

Understand and perform financial duties in Dynamics 365 Finance

1

  • Financial Management

  • Benefits of financial management
    Financial management
    Module summary
2

  • Configure Currencies

  • Introduction
    Setup legal entity currencies and conversions
    Configure and import currency exchange rates
    Practice lab
    Module summary
3

  • Create Fiscal Calendars, Years and Periods

  • Introduction
    Create fiscal calendars, years and periods
    Create date intervals
    Practice lab
    Module summary
4

  • Configure Chart of Accounts

  • Introduction
    Define and configure the chart of accounts
    Define and configure the financial dimensions
    Define and configure account structures and rules
    Practice labs
    Module summary
5

  • Configure Ledger and Journals

  • Journals and their setup
    Configure ledger and journal setup
    User journals
    Practice lab
    Module summary
6

  • Configure Cash and Bank Management

  • Introduction
    Bank transaction types and groups
    Setup cash and bank management parameters
    Configure banks and bank checks
    Deposit and refund checks
    Cash flow
    Practice Labs
    Module summary
7

  • Use Cash and Bank Management

  • Make deposits and perform payment reversals
    Use cash and bank management workspaces
    Practice Labs
    Module summary
8

  • Configure Letters of Credit and Guarantees

  • Introduction
    Configure letters of credit
    Configure letters of guarantee
    Module summary
9

  • Perform Daily Procedures

  • Learn about general ledger processes
    Create voucher templates
    Setup journal controls
    Practice Lab
    Module summary
10

  • Intercompany Accounting

  • Setup and use intercompany accounting
    Practice Lab
    Module Summary
11

  • Configure Ledger Allocations and Accruals

  • Introduction
    Configure and apply accrual schemes
    Configure ledger allocation rules
    Practice labs
    Module summary
12

  • Configure Sales Tax

  • Understand tax engine components
    Practice lab
    Module summary
13

  • Configure Accounts Payable

  • Understand Task recorder functionality
    Configure accounts payable parameters
    Create and maintain vendors
    Configure accounts payable charges
    Configure and use positive pay
    Practice Lab
    Module Summary
14

  • Perform Accounts Payable Daily Procedures

  • Introduction
    Process orders, invoices, and payments
    Manage and apply prepayments
    Practice Labs
    Module summary
15

  • Use Accounting Distribution and Invoice Validations

  • Introduction
    Settle transaction and undo settlements
    Distribute funds
    Configure invoice validation policies
    Practice labs
    Module summary
16

  • Configure Accounts Receivable

  • Configure accounts receivable
    Create and maintain customers
    Setup customer posting profiles
    Configure accounts receivable charges
    Practice Lab
    Module summary
17

  • Perform Accounts Receivable Daily Procedures

  • Create free text invoices and record customer payments
    Settle transactions and undo settlement
    Practice Lab
    Module summary
18

  • Configure Credit and Collections

  • Introduction
    Configure credit and collections components
    Setup and manage interest
    Waive, reinstate or reverse
    Setup and manage collection letters
    Practice Lab
    Module Summary
19

  • Process Credit and Collections

  • Introduction
    Understand how to process collections
    Manage customer credit and collections
    Practice Labs
    Module Summary
20

  • Configure PostDated Checks

  • Introduction
    Manage post dated checks
    Practice Labs
    Module Summary
21

  • Configure and Use Basic Budgeting and Budget Control Processes

  • Introduction
    Configure basic budgeting components
    Configure budget control components
    Create and test budget registry entries
    Use inquiries and reports
    Practice Labs
    Module summary
22

  • Configure and Use Budget Planning Processes

  • Introduction
    Configure budget plannign components
    Practice Lab
    Module summary
23

  • Configure Fixed Assets Management

  • Introduction
    Configure fixed asset components
    Enable fixed asset integration
    Create fixed assets
    Practice labs
    Module summary
24

  • Manage Fixed Assets

  • Introduction
    Perform fixed assets tasks
    Practice labs
    Module summary
25

  • Configure and Use Cost Accounting

  • Introduction
    Cost control workspace
    Practice lab
    Module summary
26

  • Configure and Use Periodic Processes

  • Introduction
    Bank reconciliations
    Configure financial period close
    Prepare periodic filings
    Run foreign currency revaluation processes
    Perform financial consolidations
    Process end of year close
    Practice Labs
    Module summary
27

  • Configure the Electronic Reporting Framework

  • Introduction
    Configure electronic reporting
    Formula designer in electronic reporting
    Practice Lab
    Module summary
28

  • Configure Localized Features

  • Introduction
    Localization and regulatory features
    Classification of Mexican localization features
    Understand the global tax engine
    Understand the features of fiscal establishments and documents for Brazilian localization
    Bill of Exchange
    Electronic Invoices
    Practice Labs
    Module summary
29

  • Configure Financial Management for Public Sector

  • Introduction
    Setup funds for the public sector
    Setup derived financial hierarchies
    Configure billing codes for free text invoices
    Practice Labs
    Module summary
30

  • Course Conclusion

  • Final assessment
    Course summary
    Post-course survey

Audience

A Dynamics 365 Finance Functional Consultant is responsible for performing discovery, capturing requirements, engaging subject matter experts and stakeholders, translating requirements, and configuring the solution and applications. The Functional Consultant implements a solution using out of the box capabilities, codeless extensibility, application and service integrations.

Language

English

Prerequisites

Basic accounting skillsCore competencies in Dynamics 365 Core

$2,780

Length: 4.0 days (32 hours)

Level:

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Course Schedule:

Schedule select
30
Apr
Tuesday
9:00 AM ET -
5:00 PM ET
Available
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