MB-310 Microsoft Dynamics 365 Finance

Doelgroep

A Dynamics 365 for Finance and Operations 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. Before attending this course, students must have basic accounting skills.

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Get started with Dynamics 365 Finance

Discover how Dynamics 365 Finance empowers business users to stay in control of finances and manage funds with accurate information for financial planning and forecasting.

In this module, you will be introduced to:

• The benefits of Dynamics 365 Finance.
• An overview of features in Finance.

Configure currencies in Dynamics 365 Finance

In today's global market, businesses receive and send payments using different currencies. Exchange rates must be managed properly to lower the monetary loss when accepting multiple currencies. Understanding how to forecast the amount of loss or gain caused by changes in exchange rate values can help you make smart business decisions to handle cash discounts and payments.

In this module, you'll learn about:

• Different types of currencies in Finance.
• The concept of triangulation currency.
• How to set up legal entity currencies and conversions.
• How to configure exchange rate providers.
• How to import exchange rates from providers.

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

When you record financial data in Dynamics 365 Finance, you must include the date of the transaction. By using a fiscal calendar and breaking it down into segments of years and periods, you can post or record financial data to a predefined open period.

In this module, you will learn how to:

• Differentiate between ledger and fiscal calendars.
• Configure and set up fiscal calendars, years, and periods.
• Create and use date intervals.

Get started with chart of accounts in Dynamics 365 Finance

Plan and set up a tailored chart of accounts in Dynamics 365 Finance, for your finance department's specific needs, including multiple legal entities if necessary.

This module explains the following concepts:

• Plan your chart of accounts.
• Understand multiple chart of accounts if your organization plans to use multiple legal entities.
• Set up a chart of accounts.

Set up chart of accounts in Dynamics 365 Finance

Streamline your business processes with Dynamics 365 Finance by effectively managing financial accounts in your organization's general ledger system.

This module explains the following concepts:

• Main account categories
• Main account information
• Allocation terms
• Main account validation options
• Main account closing options
• How to create financial tags

Set up financial dimensions in Dynamics 365 Finance

Learn the importance of financial dimensions and how to set them up in Dynamics 365 Finance for better tracking and analysis of financial data.

This module explains the following concepts:

• Importance of financial dimensions
• Financial dimension setup
• Creation of custom and entity-backed financial dimensions
• Default dimension values
• Analysis of derived dimensions
• How to set up financial dimension templates and sets

Set up ledgers and journals in Dynamics 365 Finance

Learn how to set up the General ledger, where all other modules post their related financial transactions.

In this module, you'll:

• Discover different types of journals and their setup.
• Learn about ledger and posting setup.
• Learn how to set up and use journals.
• Learn how to reverse journal posting.
• Learn how to set up batch transfer rules.

Perform general ledger daily procedures in Dynamics 365 Finance

Learn about general ledger processes, balance control accounts, journal controls, voucher templates, and ledger settlements.

In this module, you'll learn about:

• General ledger processes.
• Balance control accounts.
• Journal controls.
• Voucher templates.
• Ledger settlements.

Intercompany accounting in Dynamics 365 Finance

You can use intercompany accounting when accounting processes are centralized for subsidiaries or branch offices. With intercompany accounting, you can create a single entry that posts to multiple companies. Dynamics 365 Finance provides features that help you set up the system, process transactions, and trace intercompany transactions.

In this module, you will learn how to:

• Set up intercompany accounting
• Use intercompany accounting to post journals between two different legal entities

Configure ledger allocations and accruals in Dynamics 365 Finance

Accruals are used in accrual accounting to track revenue that is recognized in the period that it's earned in, not when payment is received, and to track expenses (costs) that are recognized when they occur, not when payment is made. Allocations are used to distribute amounts across multiple ledger account combinations. They help to ensure that expenses or revenue is charged to the correct object in accounting. By using allocations and accrual features in Dynamics 365 Finance, financial leaders can create rules, configure source and destination, and schedule the task only once, the rest is taken care of by Finance.

In this module, you will learn how to:

• Configure and use accruals.
• Configure and use allocations.

Configure and perform periodic processes in Dynamics 365 Finance

Learn how to configure and perform periodic processes in Finance, including reconciliations, 1099s, and tax reporting.

In this module, you learn how to:

• Configure financial period close.
• Reconcile banks.
• Perform periodic closing and year closing processes.
• Prepare periodic filings.
• Configure and work with vendor 1099 processes.
• Run foreign currency revaluation processes.
• Perform financial consolidation and elimination processes.
• Process end of year tax reporting.

Work with analytics and reporting in finance and operations apps

Empower business users to make important decisions by using analytics and reporting in finance and operations apps.

In this module, you will learn about:

• Different types of reports and inquiries in finance and operations apps
• Financial reporting
• Configuring finance and operations apps for Microsoft Power Platform
• Generating and consuming inquiries and reports

Configure cash and bank management in Dynamics 365 Finance

Learn how to create and configure banks, bank layouts, cash and bank management parameters, vendor and customer banks, and cash flow forecasts and reports.

In this module, you learn how to:

• Create and configure banks.
• Create and configure bank layouts.
• Configure cash and bank management parameters.
• Set up vendor and customer banks.
• Configure cash flow forecasts and reports.
• Use process automation to schedule updates for cash flow forecasts.
• Summarize vendor and customer payments in bank transactions.

Configure taxes in Dynamics 365 Finance

Learn how to configure and report taxes for different countries and regions with Dynamics 365 Finance.

In this module, you will:

• Learn about regional tax reporting capabilities.
• Configure tax components.

Get started with cost accounting in Dynamics 365 Finance

Cost accounting lets you collect data from various sources, such as the general ledger, subledgers, budgets, and statistical information. You can then analyze, summarize, and evaluate cost data, so that management can make the best possible decisions for price updates, budgets, cost control, and so on.

In this module, you learn about:

• The Cost control workspace.
• Cost objects.
• How to create a cost accounting report by using the Cost accounting Get started wizard.
• How to set up cost accounting.

Configure and work with inventory management in Dynamics 365 Supply Chain Management

Learn how to configure inventory management functionality in Dynamics 365 Supply Chain Management for efficient ordering, storing, and using of inventory.

In this module, you'll learn how to:

• Understand inbound and outbound inventory operations.
• Configure inventory parameters.
• Configure tracking number groups.
• Configure inventory breakdown.
• Configure inventory and warehouse journals.
• Configure inventory dimensions.
• Configure inventory costing.
• Understand inventory closing and adjustments.
• Archive inventory transactions.
• Use movement journals.
• Use inventory adjustment journals.
• Use transfer journals.
• Use counting and tag counting journals.
• Use item arrival journals.
• Work with reason codes for inventory counting.

Use inventory reports in Dynamics 365 Supply Chain Management

One of the factors for a successful business is having visibility into how much inventory exists at any given time. Inventory reports in Dynamics 365 Supply Chain Management will show how much inventory you have in variety of different ways, and will explain how to be more effective in your inventory investments.

In this module, you will learn how to:

• Understand ABC classification.
• Use the Physical inventory by inventory dimension report.
• Use the Inventory value reports, and Inventory on-hand report storage.
• Use the Inventory on-hand mobile workspace.

Work with the costing sheet in Dynamics 365 Supply Chain Management

Calculate costs of bill of materials for finished goods in production using Dynamics 365 Supply Chain Management.

In this module, you will learn how to:

• Configure the costing sheet.
• Perform BOM calculation and analyze costs by using the costing sheet.

Set up accounts receivable in Dynamics 365 Finance

Learn to set up the Accounts receivable module in Dynamics 365 Finance to create customer invoices, post packing slips, and use free text invoices that are not related to sales orders. This module also explains how to receive customer payments by using several different payment types, such as cash, checks, credit cards, and electronic payments.

In this module, you will learn how to:

• Set up Accounts receivable components.
• Create and maintain a customer.
• Set up customer payments.
• Set up payment calendars and calendar rules.
• Set up customer posting profiles.
• Set up accounts receivable charges.

Perform accounts receivable daily procedures in Dynamics 365 Finance

Learn how to create free text invoices, record customer payments, distribute funds, configure recurring invoices, and understand revenue recognition.

In this module, you will learn how to:

• Create free text invoices and record customer payments.
• Distribute funds by using accounting distributions.
• Configure recurring invoices.
• Use reversals in Accounts receivable.
• Settle transactions.
• Reimburse a customer.
• Understand revenue recognition.

Set up credit and collections in Dynamics 365 Finance

Although most customers pay their invoices on time, you must be able to process invoices that aren't paid by their due date. Accounts receivable collections information is managed in one central view by using the Collections page in Dynamics 365 Finance. Credit and collections managers can use this central view to manage collections.

In this module, you learn how to:

• Configure credit and collections components.
• Configure aging reports, customer pools, collection agents, and aging period definitions.
• Set up and manage interests.
• Set up and manage collection letters.

Process credit and collections in Dynamics 365 Finance

Although most customers pay their invoices on time, you need to be able to process invoices that aren't paid by their due date. This module shows you how Dynamics 365 Finance helps companies to process collections for delinquent customers

In this module, you learn:

• How to use customer account statements.
• How to process collections.
• How to use the credit management feature.

Configure Accounts payable in Dynamics 365 Finance

Explore how to configure the Accounts payable module, set up vendor posting profiles and payments in Dynamics 365 Finance.

In this module, you learn how to:

• Configure accounts payable components.
• Create and maintain a vendor.
• Configure vendor payments.
• Set up vendor posting profiles.
• Configure accounts payable charges.

Perform Accounts payable daily procedures in Dynamics 365 Finance

Learn how to record invoices, process payments, manage prepayments, and produce accounts payable reports.

In this module, you will learn how to:

• Record invoices and process payments.
• Manage and apply prepayments.

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

Accounting distributions are used to define how an amount is accounted for. For example, how the expense, tax, or charges are accounted for on a vendor invoice. Every amount must be accounted for when the vendor invoice is journalized has one or more accounting distributions.

In this module you learn how to:

• Settle transactions and undo settlements.
• Distribute funds by using accounting distributions.
• Configure invoice validation policies.

Get started with Expense management in Dynamics 365 Project Operations

Learn about the Expense management module in Microsoft Dynamics 365 Project Operations, which allows organizations to track and manage employee expenses.

In this module, you will:

• Learn about Expense management capabilities.
• Discover Expense management features.
• Review considerations for planning to use the Expense management module in Project Operations.

Set up and configure Expense management in Dynamics 365 Project Operations

Learn how to set up and configure Expense management in Microsoft Dynamics 365 Project Operations.

In this module, you will:

• Discover the Expense management workspace.
• Learn how to turn on the Expense reports re-imagined feature.
• Review the Expense management parameters.
• Learn about workflow functionality for expense management.
• Set up expense policies, and evaluate policies using the Audit workbench.
• Set up mileage expense options.
• Set up credit card transaction processing and import credit transactions.

Create and process expense reports in Dynamics 365 Project Operations

Learn how to create and process expense reports in Microsoft Dynamics 365 Project Operations.

In this module, you will:

• Review expense report policies and per diem rules.
• Create and maintain an expense report.
• Learn about intercompany expenses.
• Learn how to post, approve, and delegate expense reports.
• Discover reporting options for expense management.

Work with travel requisitions in Dynamics 365 Project Operations

Learn how to work with travel requisitions in Microsoft Dynamics 365 Project Operations.

In this module, you will:

• Create a travel requisition.
• Review travel requisition options.
• Learn about the travel requisition approval process.

Set up and use basic budgeting Dynamics 365 Finance

Discover the key components of basic budgeting in Dynamics 365 Finance, and how to implement a budget register workflow.

This module explains the following concepts:

• Set up basic budgeting components.
• Use inquiries and reports.
• Review basic budgeting.
• Create and manage budget register entries.
• Implement a budget register workflow.

Set up and use budget control in Dynamics 365 Finance

Learn to set up and use budget control.

This module explains the following concepts:

• Review budget control.
• Set up budget control parameters.
• Define budget control rules.
• Define budget groups.
• Activate budget control.

Configure and use budget planning in Dynamics 365 Finance

Learn how to configure budget planning components to improve your budget process in Dynamics 365 Finance.

In this module, you learn how to:

• Configure budget planning components.

Configure fixed assets management in Dynamics 365 Finance

Learn how to configure and create fixed assets to comply with international accounting standards.

In this module, you will learn how to:

• Configure fixed assets components.
• Configure fixed assets parameters.
• Enable fixed assets integration with purchasing.
• Create fixed assets.

Set up and acquire fixed assets in Dynamics 365 Finance

Discover how to efficiently manage fixed assets in Dynamics 365 Finance with step-by-step instructions for setup, acquisition, and recording.

This module explains the following concepts:

• Set up and create fixed assets.
• Set up and record acquisitions.
• Acquire assets through procurement.
• Estimate and eliminate a project to a fixed asset.
• Create a fixed asset by using manual and automatic methods.

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