MB-310: Microsoft Dynamics 365 Finance
During this 4-day course you will gain the skills to understand and perform financial duties in Dynamics 365 Finance. This covers the financial aspects of Dynamics 365: configure and use essential financial components, accounts payable, accounts receivable, collections, budgeting, fixed assets, and additional functionality
Important notice
This course is run over 2 + 2 consecutive days as specified below:
- Course start 9 September is run on these dates:
9-10 September + 18-19 September
- Course start 11 November is run on these dates:
11-12 November + 20-21 November
Audience
Job role: Functional Consultant
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.
Prerequisites
- Basic accounting skills
- Core competencies in Dynamics 365 Core
Course Outline
Module 1: Overview of Dynamics 365 Finance
- Overview of Dynamics 365 Finance Features and capabilities
- Core components of Dynamics 365 Finance
- Overview of financial management modules in Dynamics 365 Finance
- Benefits of Dynamics 365 Finance
Module 2: Set up and configure financial management
- Create and configure new legal entity
- Define and configure the chart of accounts
- Configure ledgers and currencies
- Implement and manage journals
- Implement and manage cash and bank
- Implement cost accounting and cost management
- Perform periodic processes
- Configure, collect, and report taxes
Module 3: Implement and manage shared configuration for A/P and A/R
- Configure Terms of payment
- Configure payment days, and payment schedules
- Configure Cash discounts
- Configure Payment calendar
- Configure Payment fees
Module 4: Implement and manage accounts payable
- Create and maintain Accounts payable method of payments
- Create and maintain Vendor groups and vendors
- Create and configure vendor posting profile
- Configure invoice validation policies
- Process orders, invoices, and payments
- Enable and test vendor collaboration portal for a vendor
- Configure accounts payable charges
- Configure and use Positive pay
Module 5: Implement and manage expense management
- Configure and use expense management
Module 6: Implement and manage accounts receivable and credit and collections
- Configure Method of Payment
- Create and maintain Customer groups and customers
- Create and configure customer posting profile
- Process orders, invoices, and payments
- Configure Accounts receivable charges
- Manage credit and collections
- Configure revenue recognition
Module 7: Configure and manage budgeting
- Configure and use basic budgeting
- Configure and use budget controls
- Create and configure registry entries
- Configure and use budget planning
Module 8: Configure and manage fixed assets
- Configure Fixed assets components
- Manage Fixed assets
- Fixed asset acquisition, depreciation and disposal
- Fixed asset integration
Certification
This course is recommended preparation for exam MB-310: Microsoft Dynamics 365 Finance
