Course Description
Course Objectives
Understand and perform financial duties in Dynamics 365 Finance
Agenda
Agenda
1 - Financial Management
Benefits of financial management
Financial management
Module summary
2 - Configure Currencies
Introduction
Setup legal entity currencies and conversions
Configure and import currency exchange rates
Practice lab
Module summary
3 - Create Fiscal Calendars, Years and Periods
Introduction
Create fiscal calendars, years and periods
Create date intervals
Practice lab
Module summary
4 - Configure Chart of Accounts
Introduction
Define and configure the chart of accounts
Define and configure the financial dimensions
Define and configure account structures and rules
Practice labs
Module summary
5 - Configure Ledger and Journals
Journals and their setup
Configure ledger and journal setup
User journals
Practice lab
Module summary
6 - Configure Cash and Bank Management
Registration number and account number
Address
Other contact information
Currency
Check setup
Main account for posting
7 - Use Cash and Bank Management
Make deposits and perform payment reversals
Use cash and bank management workspaces
Practice Labs
Module summary
8 - Configure Letters of Credit and Guarantees
Introduction
Configure letters of credit
Configure letters of guarantee
Module summary
9 - Perform Daily Procedures
Learn about general ledger processes
Create voucher templates
Setup journal controls
Practice Lab
Module summary
10 - Intercompany Accounting
Setup and use intercompany accounting
Practice Lab
Module Summary
11 - Configure Ledger Allocations and Accruals
Introduction
Configure and apply accrual schemes
Configure ledger allocation rules
Practice labs
Module summary
12 - Configure Sales Tax
Understand tax engine components
Practice lab
Module summary
13 - Configure Accounts Payable
Understand Task recorder functionality
Configure accounts payable parameters
Create and maintain vendors
Configure accounts payable charges
Configure and use positive pay
Practice Lab
Module Summary
14 - Perform Accounts Payable Daily Procedures
Introduction
Process orders, invoices, and payments
Manage and apply prepayments
Practice Labs
Module summary
15 - Use Accounting Distribution and Invoice Validations
Introduction
Settle transaction and undo settlements
Distribute funds
Configure invoice validation policies
Practice labs
Module summary
16 - Configure Accounts Receivable
Configure accounts receivable
Create and maintain customers
Setup customer posting profiles
Configure accounts receivable charges
Practice Lab
Module summary
17 - Perform Accounts Receivable Daily Procedures
Create free text invoices and record customer payments
Settle transactions and undo settlement
Practice Lab
Module summary
18 - Configure Credit and Collections
Introduction
Configure credit and collections components
Setup and manage interest
Waive, reinstate or reverse
Setup and manage collection letters
Practice Lab
Module Summary
19 - Process Credit and Collections
Introduction
Understand how to process collections
Manage customer credit and collections
Practice Labs
Module Summary
20 - Configure PostDated Checks
Introduction
Manage post dated checks
Practice Labs
Module Summary
21 - Configure and Use Basic Budgeting and Budget Control Processes
Introduction
Configure basic budgeting components
Configure budget control components
Create and test budget registry entries
Use inquiries and reports
Practice Labs
Module summary
22 - Configure and Use Budget Planning Processes
Introduction
Configure budget plannign components
Practice Lab
Module summary
23 - Configure Fixed Assets Management
Introduction
Configure fixed asset components
Enable fixed asset integration
Create fixed assets
Practice labs
Module summary
24 - Manage Fixed Assets
Introduction
Perform fixed assets tasks
Practice labs
Module summary
25 - Configure and Use Cost Accounting
Introduction
Cost control workspace
Practice lab
Module summary
26 - Configure and Use Periodic Processes
Introduction
Bank reconciliations
Configure financial period close
Prepare periodic filings
Run foreign currency revaluation processes
Perform financial consolidations
Process end of year close
Practice Labs
Module summary
27 - Configure the Electronic Reporting Framework
Introduction
Configure electronic reporting
Formula designer in electronic reporting
Practice Lab
Module summary
28 - Configure Localized Features
Introduction
Localization and regulatory features
Classification of Mexican localization features
Understand the global tax engine
Understand the features of fiscal establishments and documents for Brazilian localization
Bill of Exchange
Electronic Invoices
Practice Labs
Module summary
29 - Configure Financial Management for Public Sector
Introduction
Setup funds for the public sector
Setup derived financial hierarchies
Configure billing codes for free text invoices
Practice Labs
Module summary
30 - Course Conclusion
Final assessment
Course summary
Post-course survey
Audience
Who Should Attend
A Dynamics 365 Finance 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.