Provide a fast and efficient way to register financial transactions, manage relationships between subsidiaries and the parent organization, manage internal cost accounting, and reporting.
Microsoft Dynamics 365 for Finance and Operations, Financials
35
35
Hours
Enroll in our Upcoming
Microsoft Dynamics 365 for Finance and Operations, Financials Course in UAE
Fill in the form below to receive a callback
Register Now
This course covers the financial aspects of Dynamics 365 viz., configure and use essential financial components, accounts payable, accounts receivable, collections, budgeting, fixed assets, and additional functionality.
Course Objectives
At the completion of this course, learners will be able to
- Employ flexible configuration options for setup and maintenance of general ledger.
- Share data such as chart of accounts or currency exchange rates across multiple legal entities, and create flexible journal entries for all account types.
- Track your financial closing processes across companies, areas, and people.
- Manage organization’s budget, including flexible configuration options, instant calculation of available budget funds, pooling of budgets, and budget workflows for review and approval.
- Describe the custom reporting structure and mapping of ledger accounts or dimensions to the reporting structures.
I. Financial Management
- Benefits of financial management
- Financial management
II. Configure currencies
- Introduction
- Setup legal entity currencies and conversions
- Configure and import currency exchange rates
III. Create fiscal calendars, years and periods
- Introduction
- Create fiscal calendars, years and periods
- Create date intervals
IV. 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
V. Configure ledger and journals
- Journals and their setup
- Configure ledger and journal setup
- User journals
VI. Configure cash and bank management
- Introduction
- Bank transaction types and groups
- Setup cash and bank management parameters
- Configure banks and bank checks
- Deposit and refund checks
- Cash flow
VII. Use cash and bank management
- Make deposits and perform payment reversals
- Use cash and bank management workspaces
VIII. Configure letters of credit and guarantees
- Introduction
- Configure letters of credit
- Configure letters of guarantee
IX. Perform daily procedures
- Learn about general ledger processes
- Create voucher templates
- Setup journal controls
X. Intercompany accounting
- Setup and use intercompany accounting
XI. Configure ledger allocations and accruals
- Introduction
- Configure and apply accrual schemes
- Configure ledger allocation rules
XII. Configure sales tax
- Understand tax engine components
XIII. Configure accounts payable
- Understand task recorder functionality
- Configure accounts payable parameters
- Create and maintain vendors
- Configure accounts payable charges
- Configure and use positive pay
XIV. Perform accounts payable daily procedures
- Introduction
- Process orders, invoices, and payments
- Manage and apply prepayments
XV. Use accounting distribution and invoice validations
- Introduction
- Settle transaction and undo settlements
- Distribute funds
- Configure invoice validation policies
XVI. Configure accounts receivable
- Configure accounts receivable
- Create and maintain customers
- Setup customer posting profiles
- Configure accounts receivable charges
XVII. Perform accounts receivable daily procedures
- Create free text invoices and record customer payments
- Settle transactions and undo settlement
XVIII. Configure credit and collections
- Introduction
- Configure credit and collections components
- Setup and manage interest
- Waive, reinstate or reverse
- Setup and manage collection letters
XIX. Process credit and collections
- Introduction
- Understand how to process collections
- Manage customer credit and collections
XX. Configure postdated checks
- Introduction
- Manage postdated checks
XXI. 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
XXII. Configure and use budget planning processes
- Introduction
- Configure budget planning components
XXIII. Configure fixed assets management
- Introduction
- Configure fixed asset components
- Enable fixed asset integration
- Create fixed assets
XXIV. Manage fixed assets
- Introduction
- Perform fixed assets tasks
XXV. Configure and use cost accounting
- Introduction
- Cost control workspace
XXVI. 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
XXVII. Configure the electronic reporting framework
- Introduction
- Configure electronic reporting
- Formula designer in electronic reporting
XXVIII. 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
XXIX. Configure financial management for public sector
- Introduction
- Setup funds for the public sector
- Setup derived financial hierarchies
- Configure billing codes for free text invoices
XXX. Course conclusion
- Final assessment
- Course summary
- Post-course survey
Certified Trainer
Instructor’s Manuals
Course Completion Certificate
Certification Assistance
Hands on Practice
Post Training Support
