MB-310T00 Microsoft Dynamics 365 Finance

Price
$2,495.00 USD

Duration
4 Days

Delivery Methods
Virtual Instructor Led
Private Group

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Course Overview

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.

Who Should Attend?

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.

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Interactive classroom participation: Our virtual training includes live lectures, demonstrations and virtual labs that allow you to participate in discussions with your instructor and fellow classmates to get real-time feedback.
Post Class Resources: Review your class content, catch up on any material you may have missed or perfect your new skills with access to resources after your course is complete.
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Course Prerequisites

There are no prerequisites for this course.

Agenda

1 - Get started with Dynamics 365 Finance

Benefits of Dynamics 365 Finance
Overview
General ledger
Cash and bank management
Tax
Accounts payable
Accounts receivable
Credit and collections
Budgeting
Fixed assets
Cost accounting
Electronic invoicing

2 - Configure currencies in Dynamics 365 Finance

Set up currencies and conversions
Configure and import currency exchange rates

3 - Create fiscal calendars, years, and periods in Dynamics 365 Finance

Fiscal calendars, fiscal years, and periods
Create fiscal calendars, years and periods
Select a fiscal calendar
Define budget cycle time spans
Maintain periods for your organization
Create date intervals

4 - Get started with chart of accounts in Dynamics 365 Finance

Plan your chart of accounts
Multiple chart of accounts
Set up a chart of accounts

5 - Set up chart of accounts in Dynamics 365 Finance

Main account categories
Main account information
Allocation terms
Main account validation options
Main account closing options
Financial tags
Accounts for automatic transactions

6 - Set up financial dimensions in Dynamics 365 Finance

Define and set up financial dimensions
Create a custom financial dimension
Create an entity-backed financial dimension
Activate and delete financial dimensions
Default dimension values
Derived dimensions
Set up financial dimension templates and sets
Define and set up account structure and advanced rules
Ledger account aliases

7 - Set up ledgers and journals in Dynamics 365 Finance

Understand the different types of journals and their setup
Describe use cases for periodic journals
Configure ledger and journal setup
Discover options for implementing voucher numbers in journals
Set up journal approvals
Configure and use journals
Reverse journal posting
Set up batch transfer rules

8 - Perform general ledger daily procedures in Dynamics 365 Finance

Using balance control accounts
Process a journal entry
Work with general ledger processes
Ledger settlements
Create templates to edit journals in Microsoft Excel
Create voucher templates
Set up journal controls

9 - Intercompany accounting in Dynamics 365 Finance

Set up intercompany accounting
Post intercompany journals
Trace an intercompany entry

10 - Configure ledger allocations and accruals in Dynamics 365 Finance

Configure and apply accrual schemes
Configure ledger allocation rules

11 - Configure and perform periodic processes in Dynamics 365 Finance

Set up the Financial period workspace and closing schedule
Bank reconciliations
Run foreign currency revaluation processes
Process end of year close
Perform financial consolidations

12 - Work with analytics and reporting in finance and operations apps

Understand different types of reports and inquiries
Financial reporting
Find inquiries and reports
Generate and consume inquiries and reports
Configure finance and operations apps for Microsoft Power Platform

13 - Configure cash and bank management in Dynamics 365 Finance

Understand bank transaction types and groups
Set up cash and bank management parameters
Set up the Single Euro Payments Area (SEPA) direct debit mandate
Set up International Bank Account Number (IBAN) structures
Configure banks and bank check layout
Set up bank accounts for customers
Set up bank accounts for vendors
Deposits and refunds
Understand cash flow forecast and reports
Configure cash flow forecasting
Set up cash flow automation
Summarize vendor and customer payments in bank transactions

14 - Set up taxes in Dynamics 365 Finance

Configure ledger posting groups
Configure sales tax authorities
Configure sales tax settlement periods
Create sales tax codes
Configure sales tax groups and item sales tax groups

15 - Work with taxes in Dynamics 365 Finance

Withholding tax
Sales tax exemption
Conditional sales tax
Sales tax on transactions
Set up sales tax reporting codes
Prepare periodic filing

16 - Set up accounts receivable in Dynamics 365 Finance

Payment schedule
Terms of payment and payment days
Cash discounts
Payment fees
Set up the credit card payment service
Methods of payment and payment control
Set up a payment calendar and payment calendar rules
Create and maintain customers
Set up customer posting profiles
Configure accounts receivable charges

17 - Perform accounts receivable daily procedures in Dynamics 365 Finance

Create free text invoices
Recurring free text invoices
Create and handle payments of customer invoices for sales orders
Settle transactions and undo settlements
Reimburse a customer

18 - Set up credit and collections in Dynamics 365 Finance

Set up accounts receivables for credit and collections
Set up credit and collections components
Set up interest rates for an interest code
Waive, reinstate, or reverse interest fees
Set up and manage collection letters

19 - Process credit and collections in Dynamics 365 Finance

Customer account statement
Working with collections
Manage customer credit and collections
Credit management

20 - Configure Accounts payable in Dynamics 365 Finance

Configure the payment schedule
Configure terms of payment and payment days
Configure cash discounts
Set up payment fees
Create vendor groups
Set up accounts payable posting profiles
Set up default descriptions for automatic posting
Create vendors
Set up methods of payment for vendors
Set up bank accounts and bank account approvals for vendors
Set up electronic payment formats
Configure accounts payable charges
Configure and use positive pay

21 - Process purchase order invoices in Dynamics 365 Finance

Invoice types in Accounts payable
Record vendor invoices
Process accounts payable credit memos
Process purchase orders and purchase order invoices
Periodically recurring invoices

22 - Work with accounting distributions, invoice validations and settlements in Dynamics 365 Finance

Settle transactions and undo settlements
Distribute funds by using accounting distributions
Configure invoice validation policies
Three-way matching policies
Accounts payable invoice matching
Invoice totals matching
Two-way, price totals matching
Two-way, net unit price matching
Three-way matching
Vendor invoice workflow
Charges matching

23 - Set up and use Intelligent OCR for vendor invoices in Dynamics 365 Finance

Configuration options
Enable automatic vendor invoice prepayments
Use workflow and product match receipts
View vendor invoice automation results

24 - Get started with Expense management in Dynamics 365 Project Operations

Plan expense management
Intercompany expenses
Financial management
Per diems
Journals and accounts
Payment methods
Taxes
Policies
Expense categories and shared categories
Map expense categories to a main account

25 - Set up and configure Expense management in Dynamics 365 Project Operations

Expense management workspace
Expense management parameters
Expense management workflows
Expense report policies and per diem rules
Evaluate policies by using Audit workbench cases
Set up mileage expense options
Intercompany expenses
Personal expenses on an expense report
Set up credit card transaction processing and import credit transactions
Expense receipt processing
VAT recovery

26 - Set up and use basic budgeting Dynamics 365 Finance

Plan for basic budgeting and budget control
Budget methodologies
Basic budgeting overview
Set up basic budgeting
Create and manage budget register entries
Implement a budget register workflow
Use workspace and inquiry pages to track budget vs. actuals
Use inquiries and reports for budget analysis

27 - Set up and use budget control in Dynamics 365 Finance

Budget control overview and concepts
Set up budget control parameters
Budget funds available
Budget source documents
Budget groups
Activate budget control

28 - Configure fixed assets management in Dynamics 365 Finance

Fixed assets and current assets
Accounting for fixed assets
Relationships between fixed assets components
Configure fixed assets components
Derived books
Enable fixed asset integration
Fixed asset transaction options
Demonstration - Create a fixed asset

29 - Set up and acquire fixed assets in Dynamics 365 Finance

Life cycle of a fixed asset
Fixed asset management workspace
Fixed assets page
Set up fixed assets
Create a fixed asset
Activate a stock item
Set up acquisitions
Proposals
Acquire assets through procurement
Estimate and eliminate a project to a fixed asset
Manual and automatic methods to create fixed assets

30 - Manage fixed assets in Dynamics 365 Finance

Asset budgeting
Transfer a fixed asset
Set up fixed asset groups
Split a fixed asset
Update fixed asset information
Recalculate replacement costs and insured values for fixed asset groups
Fixed assets roll forward report

31 - Work with fixed asset deprecation and disposal in Dynamics 365 Finance

Depreciation
Dispose of and lend fixed assets
Sell a fixed asset by using a free text invoice
Dispose of fixed assets as scrap

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