Course Outline
1 - 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
1 - Configure financial management
- Get started with Dynamics 365 Finance
- Configure currencies in Dynamics 365 Finance
- Create fiscal calendars, years, and periods in Dynamics 365 Finance
- Get started with chart of accounts in Dynamics 365 Finance
- Set up chart of accounts in Dynamics 365 Finance
- Set up financial dimensions in Dynamics 365 Finance
- Set up ledgers and journals in Dynamics 365 Finance
- Perform general ledger daily procedures in Dynamics 365 Finance
- Intercompany accounting in Dynamics 365 Finance
- Configure ledger allocations and accruals in Dynamics 365 Finance
- Configure and perform periodic processes in Dynamics 365 Finance
- Work with analytics and reporting in finance and operations apps
- Configure cash and bank management in Dynamics 365 Finance
- Customer and vendor netting in Dynamics 365 Finance
- Set up taxes in Dynamics 365 Finance
- Work with taxes in Dynamics 365 Finance
2 - Manage accounts receivable
- Set up accounts receivable in Dynamics 365 Finance
- Get started with accounts receivable daily procedures in Dynamics 365 Finance
- Set up credit and collections in Dynamics 365 Finance
- Process credit and collections in Dynamics 365 Finance
- Implement cost management in Dynamics 365 Finance
- Get started with subscription billing in Dynamics 365 Finance
- Recurring contract billing in Dynamics 365 Finance
- Revenue and expense deferrals in Dynamics 365 Finance
2 - 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
3 - 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
3 - Manage accounts payable
- Configure Accounts payable in Dynamics 365 Finance
- Work with accounts payable daily procedures in Dynamics 365 Finance
- Work with accounting distributions, invoice validations, and settlements in Dynamics 365 Finance
- Set up and use Intelligent OCR for vendor invoices in Dynamics 365 Finance
- Get started with Expense management in Dynamics 365 Project Operations
- Set up and configure Expense management in Dynamics 365 Project Operations
4 - Perform budgeting and forecasting
- Set up and use basic budgeting Dynamics 365 Finance
- Set up and use budget control in Dynamics 365 Finance
- Configure and use budget planning in Dynamics 365 Finance
4 - 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
5 - Module 5: Implement and manage expense management
- Configure and use expense management
5 - Administer fixed assets and inventory
- Configure fixed assets management in Dynamics 365 Finance
- Set up and acquire fixed assets in Dynamics 365 Finance
- Manage fixed assets in Dynamics 365 Finance
- Work with fixed asset deprecation and disposal in Dynamics 365 Finance
6 - 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
7 - 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
8 - Module 8: Configure and manage fixed assets
- Configure Fixed assets components
- Manage Fixed assets
- Fixed asset acquisition, depreciation and disposal
- Fixed asset integration
Target Audience
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.