Module 1: Overview of Dynamics 365 Finance
This module will discuss the core components of Finance and look at the
modules involved.
Lessons
- Introduction
- Lesson 1: Overview of Dynamics 365 Finance Features and capabilities
- Lesson 2: Core components of Dynamics 365 Finance
- Lesson 3: Overview of financial management modules in Dynamics 365 Finance
- Lesson 4: Benefits of Dynamics 365 Finance
- Module summary
- Knowledge Check
Module 2: Set up and configure financial management
In this module, we will discuss how to create a new legal entity (company)
and setup and configure financial management for it. This module includes
general ledger.
Lessons
- Introduction
- Lesson 1: Create and configure new legal entity
- Lesson 2: Define and configure the chart of accounts
- Lesson 3: Configure ledgers and currencies
- Lesson 4: Implement and manage journals
- Lesson 5: Implement and manage cash and bank
- Lesson 6: Implement cost accounting and cost management
- Lesson 7: Perform periodic processes
- Lesson 8: Configure, collect, and report taxes
- Module summary
- Knowledge Check
Module 3: Implement and manage shared configuration for A/P and A/R
Dynamics 365 Finance offers extensive functionality for setting up different
payment options which are shared between accounts payable and receivable
modules.
Lessons
- Introduction
- Lesson 1: Configure Terms of payment
- Lesson 2: Configure payment days, and payment schedules
- Lesson 3: Configure Cash discounts
- Lesson 4: Configure Payment calendar
- Lesson 5: Configure Payment fees
- Module summary
- Knowledge Check
Module 4: Implement and manage accounts payable
This topic explains the basic setup of accounts payable and the vendor setup
for efficient management of vendors and vendor transactions in Dynamics 365
Finance.
Lessons
- Introduction
- Lesson 1: Create and maintain Accounts payable method of payments
- Lesson 2: Create and maintain Vendor groups and vendors
- Lesson 3: Create and configure vendor posting profile
- Lesson 4: Configure invoice validation policies
- Lesson 5: Process orders, invoices, and payments
- Lesson 6: Enable and test vendor collaboration portal for a vendor
- Lesson 7: Configure accounts payable charges
- Lesson 8: Configure and use Positive pay
- Module summary
- Knowledge Check
Module 5: Implement and manage expense management
You can use the Dynamics 365 Finance and Operations apps expense management
to create an integrated workflow where you can store payment method information,
import credit card transactions, and track the money that employees spend when
they incur expenses for your business. You can also define expense policies and
automate the reimbursement of travel expenses. Expense report entry has been
redesigned to simplify the experience and decrease the time that is required to
complete expense reports. You can turn on this functionality in Feature
management. You can add a new setup page to configure the visibility of expense
fields, and specify what data is required, optional, or not available when
expense reports are entered. When this functionality is turned on, a new expense
workspace is available. This workspace replaces the previous expense workspace
and is the landing page for the improved entry experience. Travel and expense
management has a strong value proposition for organizations with discretionary
spending. Travel and entertainment expenses are a significant part of a
company's controllable expense. To help curb these costs, expense management
provides a mechanism to define and apply expense policies, in addition to
flagging and reporting on abusers of the policies. Additionally, automating the
entry and reimbursement of travel and entertainment expenses reduces processing
costs versus manual entry. Expense management has tight integration with other
modules such as Accounts payable, General ledger, Procurement, and sourcing and
Project management and accounting.
Lessons
- Introduction
- Lesson 1: Configure and use expense management
- Module summary
- Knowledge Check
Module 6: Implement and manage accounts receivable and credit and
collections
You need to configure the Accounts receivable module to be able to perform
A/R functionality. You could then create customer invoices, post packing slips,
use free text invoices that are not related to sales orders, and receive
payments by using several different payment types such as cash, checks, credit
cards, and electronic payments from your customers. Managing prospects and
customers properly helps businesses to fulfil some of their requirements, such
as customers’ satisfaction. At the same time, proper management avoids loss by
checking many factors such as the credit limit and blocking the order being
processed if it violates the policies of the company. Salespersons are the key
for company’s revenue, and their commissions should be taken care of upon
completion of the sales cycle.
Lessons
- Introduction
- Lesson 1: Configure Method of Payment
- Lesson 2: Create and maintain Customer groups and customers
- Lesson 3: Create and configure customer posting profile
- Lesson 4: Process orders, invoices, and payments
- Lesson 5: Configure Accounts receivable charges
- Lesson 6: Manage credit and collections
- Lesson 7: Configure revenue recognition
- Module summary
- Knowledge Check
Module 7: Configure and manage budgeting
Every organization, whether it is private or public, sets financial and
operational goals by creating budgets. When the budget is established,
management monitors the activities within the budget framework.
Lessons
- Introduction
- Lesson 1: Configure and use basic budgeting
- Lesson 2: Configure and use budget controls
- Lesson 3: Create and configure registry entries
- Lesson 4: Configure and use budget planning
- Module summary
- Knowledge Check
Module 8: Configure and manage fixed assets
The way in which fixed assets are handled must correspond to both
international accounting standards and the accounting legislation in each
country/region. Requirements might include rules for recording acquisition and
disposal transactions, depreciation, lifetimes, and write-ups and write-downs of
fixed assets. The Fixed assets functionality incorporates many of these
standards and rules.
Lessons
- Introduction
- Lesson 1: Configure Fixed assets components
- Lesson 2: Manage Fixed assets
- Lesson 3: Fixed asset acquisition, depreciation and disposal
- Lesson 4: Fixed asset integration
- Module summary
- Knowledge Check
