MB-310T00: Manage Financial Operations with Dynamics 365 Finance Training

Get started with Dynamics 365 Finance

• The benefits of Dynamics 365 Finance.
• An overview of features in Finance.
• Lab: Explore Dynamics 365 Finance

Configure currencies in Dynamics 365 Finance

• Different types of currencies in Finance.
• The concept of triangulation currency.
• How to set up legal entity currencies and conversions.
• How to configure exchange rate providers.
• How to import exchange rates from providers.
• Lab: Import exchange rates

Create fiscal calendars, years, and periods in Dynamics 365 Finance

• Differentiate between ledger and fiscal calendars.
• Configure and set up fiscal calendars, years, and periods.
• Create and use date intervals.
• Lab: Work with the fiscal calendar, year, and periods

Get started with chart of accounts in Dynamics 365 Finance

• Plan your chart of accounts.
• Understand multiple chart of accounts if your organization plans to use multiple legal entities.
• Set up a chart of accounts.
• Lab: Create a new main account

Set up chart of accounts in Dynamics 365 Finance

• Main account categories
• Main account information
• Allocation terms
• Main account validation options
• Main account closing options
• How to create financial tags
• Lab: Create a main account category in the chart of accounts

Set up financial dimensions in Dynamics 365 Finance

• Importance of financial dimensions
• Financial dimension setup
• Creation of custom and entity-backed financial dimensions
• Default dimension values
• Analysis of derived dimensions
• How to set up financial dimension templates and sets
• Lab: Set up an account structure

Set up ledgers and journals in Dynamics 365 Finance

• Discover different types of journals and their setup.
• Learn about ledger and posting setup.
• Learn how to set up and use journals.
• Learn how to reverse journal posting.
• Learn how to set up batch transfer rules.
• Lab: configure ledger and journal setup
• Perform general ledger daily procedures in Dynamics 365 Finance
• General ledger processes.
• Balance control accounts.
• Journal controls.
• Voucher templates.
• Ledger settlements.
• Lab: Create and use a voucher template

Intercompany accounting in Dynamics 365 Finance

• Set up intercompany accounting
• Use intercompany accounting to post journals between two different legal entities
• Lab: Set up and use intercompany accounting

Configure ledger allocations and accruals in Dynamics 365 Finance

• Configure and use accruals
• Configure and use allocations
• Lab: Configure and use accrual schemes
• Lab: Configure and test ledger allocation rules

Configure and perform periodic processes in Dynamics 365 Finance

• Configure financial period close.
• Reconcile banks.
• Clear bridging payments.
• Perform periodic closing and year closing processes.
• Prepare periodic filings.
• Run foreign currency revaluation processes.
• Perform financial consolidation and elimination processes.
• Process end of year tax reporting.
• Lab: Perform year-end close and a consolidation

Work with analytics and reporting in finance and operations apps

• Different types of reports and inquiries in finance and operations apps
• Financial reporting
• Configuring finance and operations apps for Microsoft Power Platform
• Generating and consuming inquiries and reports
• Lab: Work with reports

Configure cash and bank management in Dynamics 365 Finance

• Create and configure banks.
• Create and configure bank layouts.
• Configure cash and bank management parameters.
• Set up vendor and customer banks.
• Configure cash flow forecasts and reports.
• Use process automation to schedule updates for cash flow forecasts.
• Summarize vendor and customer payments in bank transactions.
• Lab: Work with cash and bank management

Set up taxes in Dynamics 365 Finance

• Configure ledger posting groups.
• Create sales tax authorities.
• Configure sales tax settlement periods.
• Create sales tax codes.
• Configure sales tax groups and item sales tax groups.
• Lab: Set up sales tax authorities
• Lab: Set up sales tax settlement periods
• Lab: Set up sales tax codes and sales tax groups

Work with taxes in Dynamics 365 Finance

• Withholding taxes
• Sales tax exemptions
• Conditional sales tax
• Analysis of sales tax on transactions
• How to set up sales tax reporting codes and withholding tax
• How to prepare periodic filling

Lab: Set up sales tax reporting codes and withholding tax

Set up accounts receivable in Dynamics 365 Finance

• Set up Accounts receivable components.
• Create and maintain a customer.
• Set up customer payments.
• Set up payment calendars and calendar rules.
• Set up customer posting profiles.
• Set up accounts receivable charges.
• Lab: Configure customer posting profiles and create a new customer

Get started with accounts receivable daily procedures in Dynamics 365 Finance

• Create free text invoices and record customer payments.
• Distribute funds by using accounting distributions.
• Configure recurring invoices.
• Use reversals in Accounts receivable.
• Settle transactions.
• Reimburse a customer.
• Lab: Create and process a free text invoice
• Lab: Work with invoices from sales orders
• Lab: Process an invoice and settle it against a payment

Set up credit and collections in Dynamics 365 Finance

• Configure credit and collections components.
• Configure aging reports, customer pools, collection agents, and aging period definitions.
• Set up and manage interests.
• Set up and manage collection letters.
• Lab: Set up credit and collections in Finance
• Lab: Create a write-off journal for a customer

Process credit and collections in Dynamics 365 Finance

• How to use customer account statements.
• How to process collections using Copilot in Dynamics 365 Finance.
• How to use the credit management feature.
• Lab: Work with credit and collections

Configure Accounts payable in Dynamics 365 Finance

• Configure accounts payable components.
• Create and maintain a vendor.
• Configure vendor payments.
• Set up vendor posting profiles.
• Configure accounts payable charges.
• Lab: Configure accounts payable components

Work with accounts payable daily procedures in Dynamics 365 Finance

• Work with incoming invoice payments.
• Process accounts payable credit memos.
• Modify due dates and discount dates.
• Work with cash discounts from vendors.
• Create vendor payments.
• Reverse vendor payments.
• Manage prepayments and prepayment invoices.
• Lab: Process a vendor payment by using a payment journal

Work with accounting distributions, invoice validations, and settlements in Dynamics 365 Finance

• Settle transactions and undo settlements.
• Distribute funds by using accounting distributions.
• Configure invoice validation policies.
• Lab: Work with accounting distributions, invoice validations, and settlements

Set up and use Intelligent OCR for vendor invoices in Dynamics 365 Finance

• Set up optical character recognition (OCR) in Dynamics 365 Finance.
• Manage parameters that are specific to OCR in Accounts payable.
• Manage Workflow editor to allow invoice automation processes.

Get started with Expense management in Dynamics 365 Project Operations

• Learn about Expense management capabilities.
• Discover Expense management features.
• Review considerations for planning to use the Expense management module in Project Operations.

Set up and configure Expense management in Dynamics 365 Project Operations

• Discover the Expense management workspace.
• Learn how to turn on the Expense reports re-imagined feature.
• Review the Expense management parameters.
• Learn about workflow functionality for expense management.
• Set up expense policies, and evaluate policies using the Audit workbench.
• Set up mileage expense options.
• Set up credit card transaction processing and import credit transactions.

Set up and use basic budgeting Dynamics 365 Finance

• Set up basic budgeting components.
• Use inquiries and reports.
• Review basic budgeting.
• Create and manage budget register entries.
• Implement a budget register workflow.
• Lab: Create a budget register entry
• Lab: Set up basic budgeting components

Set up and use budget control in Dynamics 365 Finance

• Review budget control.
• Set up budget control parameters.
• Define budget control rules.
• Define budget groups.
• Activate budget control.
• Lab: Set up budget control components

Configure and use budget planning in Dynamics 365 Finance

• Configure budget planning components.
• Lab: Configure budget planning, create, and use a planning process

Configure fixed assets management in Dynamics 365 Finance

• Configure fixed assets components.
• Configure fixed assets parameters.
• Enable fixed assets integration with purchasing.
• Create fixed assets.
• Lab: Work with fixed assets

Set up and acquire fixed assets in Dynamics 365 Finance

• Set up and create fixed assets.
• Set up and record acquisitions.
• Acquire assets through procurement.
• Estimate and eliminate a project to a fixed asset.
• Create a fixed asset by using manual and automatic methods.
• Lab: Acquire a new asset

Manage fixed assets in Dynamics 365 Finance

• Set up asset budgeting.
• Transfer a fixed asset.
• Set up a fixed asset group.
• Update fixed asset information.
• Review fixed asset rollover reports.

Work with fixed asset deprecation and disposal in Dynamics 365 Finance

• Components of lending and disposing fixed assets
• Transaction types for posting depreciations
• How to sell a fixed asset by using free text invoice
• How to dispose of a fixed asset as scrap
• Lab: Create a depreciation proposal