In this module, you will learn some of benefits of financial management of Dynamics 365 for Finance and Operations.

Benefits of financial management

Financial management

Module summary

Currency setup is a required step in the configuration of the system and is used to record financial transactions. This module explains currency management in Finance and Operations.

Introduction

Setup legal entity currencies and conversions

Configure and import currency exchange rates

Practice lab

Module summary

Before posting transactions, a new fiscal year must be divided into periods. A benefit of sharing fiscal calendars is that this supports multiple fiscal calendars for each legal entity. In this module, you will learn how to set fiscal year in Finance and Operations to any length and divided into any number of periods.

Introduction

Create fiscal calendars, years, and periods

Create date intervals

Practice lab

Module summary

A chart of accounts is a set of main accounts in Finance and Operations that captures financial information upon posting a journal. In this module, you will learn how to 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

A journal is a worksheet that you can use before you manually enter postings into the system. In this module, you will learn how to set, configure, and use a journal, ledger and posting of the General ledger module.

Journals and their setup

Configure ledger and journal setup

User journals

Practice lab

Module summary

In Dynamics 365 for Finance and Operations, organizations use the Cash and bank management module to create and maintain bank accounts. In this module, learn how to configure the cash and bank management module.

Introduction

Bank transaction types and groups

Setup cash and bank management parameters

Configure banks and bank checks

Deposit and refund checks

Cash flow

Practice Labs

Module summary

This module covers the main procedures in the Cash and bank management module in Finance and Operations. You learn how to work with cash and bank management workspaces such as Bank management and Cash overviews. You also learn about the processes and procedures for cash and bank management, like how to make deposits and cancel payments (deposits).

Make deposits and perform payment reversals

Use cash and bank management workspaces

Practice Labs

Module summary

In this module, you will learn what are the bank letters and how to configure letters of credit in order to create bank documents that are commonly used for the purchase and sale of goods across international borders and letters of guarantees.

Introduction

Configure letters of credit

Configure letters of guarantee

Module summary

In this module, you will learn how to \ review, change, and verify completed journals until they are ready for posting. You can set up restrictions on the company, account type, and segment values.

Learn about general ledger processes

Create voucher templates

Setup journal controls

Practice Lab

Module summary

In this module, you will learn how to perform Intercompany accounting to help organizations by providing a single-entry point for transactions affecting multiple companies.

Setup and use intercompany accounting

Practice Lab

Module Summary

In this module, learn how to configure accruals and ledger allocations.

Introduction

Configure and apply accrual schemes

Configure ledger allocation rules

Practice labs

Module summary

In this module, learn how to perform tax calculation, tax reporting, and configure tax components, such as sales tax authorities, settlement periods, and the sales tax codes.

Understand tax engine components

Practice lab

Module summary

In this module, learn how to set up different vendor payment options.

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

This module explains how to manage and apply prepayments, record invoices, and process payments.

Introduction

Process orders, invoices, and payments

Manage and apply prepayments

Practice Labs

Module summary

This module explains how to settle transactions and undo settlement and distribute funds by using accounting distributions. You will also learn how to perform invoice matching.

Introduction

Settle transaction and undo settlements

Distribute funds

Configure invoice validation policies

Practice labs

Module summary

This module provides information about the configuration of essential components of the Accounts receivable module and the customer setup for efficient management of customers and customer transactions in Finance and Operations.

Configure accounts receivable

Create and maintain customers

Setup customer posting profiles

Configure accounts receivable charges

Practice Lab

Module summary

In this module, learn how to create free text invoices and receive payments from customers and deposit to the bank. You also learn how to refund a customer for the over payment amount or any other reasons like customer returns scenario which you need to refund the customer not only the payment but also the tax that has been collected, using reversals and use transaction reversals in Accounts receivable. You also learn how to distribute funds by using Accounting distributions in a free text invoice.

Create free text invoices and record customer payments

Settle transactions and undo settlement

Practice Lab

Module summary

This module explains how to manage delinquent customers by configuring the Credit and collections module in Dynamics 365 for Finance and Operations.

Introduction

Configure credit and collections components

Setup and manage interest

Waive, reinstate or reverse

Setup and manage collection letters

Practice Lab

Module Summary

This module teaches how to process Credit and collections.

Introduction

Understand how to process collections

Manage customer credit and collections

Practice Labs

Module Summary

Microsoft Dynamics 365 for Finance and Operations supports the full management cycle for post-dated checks in both Accounts receivable and Accounts payable. This module teaches how to set up and process post-dated checks.

Introduction

Manage postdated checks

Practice Labs

Module Summary

This module provides information about the how to configure and use basic budgeting and budget control.

Introduction

Configure basic budgeting components

Configure budget control components

Create and test budget registry entries

Use inquiries and reports

Practice Labs

Module summary

An organization can configure budget planning, and then set up budget planning collaborative processes to meet its policies, procedures, and requirements for budget preparation. This module explains how to configure and test Budget planning processes.

Introduction

Configure budget planning components

Practice Lab

Module summary

Configure Budget planning components

This module starts with explaining fixed assets concepts and then teaches you how to configure and use the Fixed assets module in Dynamics 365 for Finance and Operations.

Introduction

Configure fixed asset components

Enable fixed asset integration

Create fixed assets

Practice labs

Module summary

In this module, you will learn how to process and manage fixed assets.

Introduction

Perform fixed assets tasks

Practice labs

Module summary

In this module, you will learn how to create a cost accounting report by using the Cost accounting Get started wizard.

Introduction

Cost control workspace

Practice lab

Module summary

In this module, you will learn how to configure financial period close, preparing filings, inventory closing and other related tasks.

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

In this module, learn how to configure Electronic Reporting (ER).

Introduction

Configure electronic reporting

Formula designer in electronic reporting

Practice Lab

Module summary

This module explains how to configure some examples of regional features in Finance and Operations.

Introduction

Localization and regulatory features

Classification of Mexican localization features

Understand the global tax engine

In this module, you will learn how to set up funds for the public sector, configure billing codes for free text invoices, advanced ledger entries functionalities for the public sector and understand bank reconciliation methods.

Introduction

Setup funds for the public sector

Setup derived financial hierarchies

Configure billing codes for free text invoices

Practice Labs

Module summary

This module comprises final assessment and course summary, as well as a post-course survey for the course.

Final assessment

Course summary

Course summary