MB-310: Microsoft Dynamics 365 Finance

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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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).

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• Setup and use intercompany accounting
• Practice Lab
• Module Summary

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

Lessons:

• 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.

Lessons:

• Understand tax engine components
• Practice lab
• Module summary

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

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• Introduction
• Manage postdated checks
• Practice Labs
• Module Summary

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

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• 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)

Lessons:

• Introduction
• Formula designer in electronic reporting
• Configure electronic reporting
• Practice Lab
• Module summary

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

Lessons:

• 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.

Lessons:

• 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.

Lessons:

• Final assessment
• Course summary
• Post-course survey