Microsoft Dynamics 365 Finance And Operations Training in Albany, NY

Microsoft Dynamics 365 Finance MB310 Course Outline

Module 1: Get Started with Dynamics 365 Finance

• Introduction
• 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
• Lab - Explore Dynamics 365 Finance

Module 2: Configure Currencies in Dynamics 365 Finance

• Introduction
• Set Up Currencies and Conversions
• Configure and Import Currency Exchange Rates
• Lab - Import Exchange Rates

Module 3: Create Fiscal Calendars, Years, and Periods in Dynamics 365 Finance

• Introduction
• 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 Organisation
• Create Date Intervals
• Lab - Work with the Fiscal Calendar, Year, And Periods

Module 4: Get started with chart of accounts in Dynamics 365 Finance

• Introduction
• Plan Your Chart of Accounts
• Multiple Chart of Accounts
• Set Up Chart of Accounts
• Exercise - Create a New Main Account

Module 5: Set up Chart of Accounts in Dynamics 365 Finance

• Introduction
• Main Account Categories
• Main Account Information
• Allocation Terms
• Main Account Validation Options
• Main Account Closing Options
• Financial Tags
• Accounts for Automatic Transactions
• Lab - Create a Main Account Category in the Chart of Accounts

Module 6: Set up Financial Dimensions in Dynamics 365 Finance

• Define and Configure 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 Configure Account Structures and Advanced Rules
• Ledger Account Aliases
• Exercise - Set up an account structure

Module 7: Set Up Ledgers and Journals in Dynamics 365 Finance

• Introduction
• 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
• Lab - Configure Ledger and Journal Setup

Module 8: Perform General Ledger Daily Procedures in Dynamics 365 Finance

• Introduction
• 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
• Exercise - Create and Use a Voucher Template

Module 9: Intercompany Accounting in Dynamics 365 Finance

• Introduction
• Set Up Intercompany Accounting
• Post Intercompany Journals
• Trace an Intercompany Entry
• Lab - Set Up and Use Intercompany Accounting

Module 10: Configure Ledger Allocations and Accruals in Dynamics 365 Finance

• Introduction
• Configure and Apply Accrual Schemes
• Configure Ledger Allocation Rules
• Exercise - Configure and Use Accrual Schemes
• Exercise - Configure and Test Ledger Allocation Rules

Module 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
• Lab - Perform year-end close and a consolidation

Module 12: Work with Analytics and Reporting in Finance and Operations Apps

• Introduction
• 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
• Lab - Work with Reports

Module 13: Configure Cash and Bank Management in Dynamics 365 Finance

• Introduction
• 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
• Deposit and Refund Checks
• Understand Cash Flow Forecast and Reports
• Configure Cash Flow Forecasting
• Set up cash flow automation
• Summarize vendor and customer payments in bank transactions
• Lab - Work with Cash and Bank Management

Module 14: Configure Taxes in Dynamics 365 Finance

• Introduction
• Configure Ledger Posting Groups
• Configure Sales Tax Authorities
• Exercise - Set Up Sales Tax Authorities
• Configure Sales Tax Settlement Periods
• Exercise - Set Up Sales Tax Settlement Periods
• Create Sales Tax Codes
• Configure Sales Tax Groups and Item Sales Tax Groups
• Exercise - Set Up Sales Tax Codes and Sales Tax Groups

Module 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
• Exercise - Set Up Sales Tax Reporting Codes and Withholding Tax
• Prepare Periodic Filings

Module 16: Set up Accounts Receivable in Dynamics 365 Finance

• Introduction
• 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
• Lab - Configure Customer Posting Profiles and Create a New Customer

Module 17: Get Started with Accounts Receivable Daily Procedures in Dynamics 365 Finance

• Introduction

• Create Free Text Invoices
• Exercise - Create and Process A Free Text Invoice
• Recurring Free Text Invoices
• Create and Handle Payments of Customer Invoices for Sales Orders
• Exercise - Work with Invoices from Sales Orders
• Settle Transactions and Undo Settlements
• Exercise - Process an Invoice and Settle it Against a Payment
• Reimburse a Customer

Module 18: Configure Credit and Collections in Dynamics 365 Finance

• Introduction
• Configure Accounts Receivables for Credit and Collections
• Configure Credit and Collections Components
• Set Up Interest Rates for an Interest Code
• Waive, Reinstate, or Reverse Interest Fees
• Set Up and Manage Collection Letters
• Exercise - Set Up Credit and Collections in Finance
• Exercise - Create a Write-Off Journal for a Customer

Module 19: Process Credit and Collections in Dynamics 365 Finance

• Introduction
• Customer Account Statement
• Working with Collections
• Collections Coordinator Workspace
• Manage Customer Credit and Collections
• Credit Management
• Lab - Work with Credit and Collections

Module 20: Configure Accounts Payable in Dynamics 365 Finance

• Introduction
• 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
• Create Vendors
• Set Up Methods of Payment for Vendors
• Set Up Electronic Payment Formats
• Configure Accounts Payable Charges
• Configure and Use Positive Pay
• Lab - Configure Accounts Payable Components

Module 21: Perform Accounts Payable Daily Procedures in Dynamics 365 Finance

• Introduction
• Understand Invoice Types in Accounts Payable
• Record Vendor Invoices
• Process Accounts Payable Credit Memos
• Process Purchase Orders and Purchase Order Invoices
• Periodically Recurring Invoices
• Exercise - Record an Invoice
• Exercise - Record a Vendor Invoice That is Not Associated with a Purchase Order

Module 22: Work with Accounting Distributions, Invoice Validations and Settlements in Dynamics 365 Finance

• Introduction
• Settle Transactions and Undo Settlements
• Distribute Funds by Using Accounting Distributions
• Configure Invoice Validation Policies
• Three-Way Matching Policies
• Vendor Invoice Workflow
• Lab - Work with Accounting Distributions, Invoice Validations, and Settlements

Module 23: Set up and Use Intelligent OCR for Vendor Invoices in Dynamics 365 Finance

• Introduction
• Configuration Options
• Enable Automatic Vendor Invoice Prepayments
• Use Workflow and Product Match Receipts
• View Vendor Invoice Automation Results

Module 24: Get Started with Expense Management in Dynamics 365 Project Operations

• Introduction
• 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

Module 25: Set Up and Configure Expense Management in Dynamics 365 Project Operations

• Introduction
• 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

Module 26: Create and Process Expense Reports in Dynamics 365 Project Operations

• Introduction
• Create an Expense Report
• Intercompany Expenses
• Itemise Expenses by Line
• Distribute an Expense
• Add Guests
• Attach Receipts and Documents to an Expense Report
• Submit an Expense Report to a Workflow
• Approve an Expense Report
• Delegate an Expense Report
• Post an Expense Report
• Reporting Options
• Lab – Create an Expense Report and Submit it to a Workflow

Module 27: Work with Travel Requisitions in Dynamics 365 Project Operations

• Introduction
• Create a Travel Requisition
• Exercise - Create a Travel Requisition
• Approve a Travel Requisition
• Create a Cash Advance
• Update a Cash Advance

Module 28: Configure and Use Basic Budgeting and Budget Control in Dynamics 365 Finance

• Introduction
• Planning for Basic Budgeting and Budget Control
• Budgeting Methodologies
• Basic Budgeting Overview
• Configure Basic Budgeting
• Set up Basic Budgeting
• Create and Manage Budget Register Entries
• Exercise – Create a Budget Register Entries
• Implement a Budget Register Workflow
• Use Workspaces and Inquiry Pages to Track Budget Vs. Actuals
• Use Inquiries and Reports for Budget Analysis
• Exercise - Set up Basic Budgeting Components

Module 29: Set up and Use Budget Control in Dynamics 365 Finance

• Budget Control Overview and Concept
• Set up Budget Control Parameters
• Budget Funds Available
• Budget Source Documents
• Budget Groups
• Activate Budget Control
• Exercise – Set up Budget Control Components

Module 30: Configure Fixed Assets Management in Dynamics 365 Finance

• Introduction
• 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
• Lab - Work with Fixed Assets

Module 31: Set up and acquire fixed assets in Dynamics 365 Finance

• Introduction
• 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
• Lab - Acquire A New Asset

Module 32: Manage fixed assets in Dynamics 365 Finance

• Introduction
• 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

Module 33: Work with fixed asset deprecation and disposal in Dynamics 365 Finance

• Introduction
• Depreciation
• Dispose of And Lend Fixed Assets
• Sell A Fixed Asset by Using a Free Text Invoice
• Dispose of Fixed Assets as Scrap
• Exercise - Create a Depreciation Proposal