Microsoft Dynamics 365 Finance (MB-310T00)

1. Overview of Dynamics 365 Finance
   This lesson will discuss the core components of Finance and look at the lessons involved.
   1. Introduction
   2. Lesson 1: Overview of Dynamics 365 Finance Features and capabilities
   3. Lesson 2: Core components of Dynamics 365 Finance
   4. Lesson 3: Overview of financial management lessons in Dynamics 365 Finance
   5. Lesson 4: Benefits of Dynamics 365 Finance
   6. Module summary
   7. Knowledge Check
   8. On completing this lesson, you will have learned to:
      • Give an overview of Dynamics 365 Finance features and capabilities
      • Describe the core components of Dynamics 365 Finance
      • Explain the benefits of Dynamics 365 Finance
2. Set up and configure financial management
   In this lesson, we will discuss how to create a new legal entity (company) and setup and configure financial management for it. This lesson includes general ledger.
   1. Introduction
   2. Lesson 1: Create and configure a new legal entity
   3. Lesson 2: Define and configure the chart of accounts
   4. Lesson 3: Configure ledgers and currencies
   5. Lesson 4: Implement and manage journals
   6. Lesson 5: Implement and manage cash and bank
   7. Lesson 6: Implement cost accounting and cost management
   8. Lesson 7: Perform periodic processes
   9. Lesson 8: Configure, collect, and report taxes
   10. Module summary
   11. Knowledge Check
   12. On completing this lesson, you will have learned to:
       • Set up and configure financial management by preparing the G/L and others.
3. Implement and manage shared configuration for A/P and A/R
   Dynamics 365 Finance offers extensive functionality for setting up different payment options which are shared between accounts payable and receivable lessons.
   1. Introduction
   2. Lesson 1: Configure Terms of payment
   3. Lesson 2: Configure payment days, and payment schedules
   4. Lesson 3: Configure Cash discounts
   5. Lesson 4: Configure Payment calendar
   6. Lesson 5: Configure Payment fees
   7. Module summary
   8. Knowledge Check
   9. On completing this lesson, you will have learned to:
      • Configure payment and bank information.
4. Implement and manage accounts payable
   This topic explains the basic setup of accounts payable and the vendor setup for efficient management of vendors and vendor transactions in Dynamics 365 Finance.
   1. Introduction
   2. Lesson 1: Create and maintain Accounts payable method of payments
   3. Lesson 2: Create and maintain Vendor groups and vendors
   4. Lesson 3: Create and configure vendor posting profile
   5. Lesson 4: Configure invoice validation policies
   6. Lesson 5: Process orders, invoices, and payments
   7. Lesson 6: Enable and test vendor collaboration portal for a vendor
   8. Lesson 7: Configure accounts payable charges
   9. Lesson 8: Configure and use Positive pay
   10. Module summary
   11. Knowledge check
   12. On completing this lesson, you will have learned to:
       • Know that payment options in Dynamics 365 Finance are flexible.
       • Set up and use payment schedules.
       • Manage cash discount.
       • Work with vendor groups.
       • Use features such as prepayments.
5. Implement and manage expense management
   You can use the Dynamics 365 Finance and Operations apps expense management to create an integrated workflow where you can store payment method information, import credit card transactions, and track the money that employees spend when they incur expenses for your business. You can also define expense policies and automate the reimbursement of travel expenses. Expense report entry has been redesigned to simplify the experience and decrease the time that is required to complete expense reports. You can turn on this functionality in Feature management. You can add a new setup page to configure the visibility of expense fields, and specify what data is required, optional, or not available when expense reports are entered. When this functionality is turned on, a new expense workspace is available. This workspace replaces the previous expense workspace and is the landing page for the improved entry experience. Travel and expense management has a strong value proposition for organizations with discretionary spending. Travel and entertainment expenses are a significant part of a company's controllable expense. To help curb these costs, expense management provides a mechanism to define and apply expense policies, in addition to flagging and reporting on abusers of the policies. Additionally, automating the entry and reimbursement of travel and entertainment expenses reduces processing costs versus manual entry. Expense management has tight integration with other lessons such as Accounts payable, General ledger, Procurement, and sourcing and Project management and accounting.
   1. Introduction
   2. Lesson 1: Configure and use expense management
   3. Module summary
   4. Knowledge check
   5. On completing this lesson, you will have learned to:
      • Configure expense management
      • Understand expense categories and shared categories
      • Describe per diem
      • Configure expense management parameters
      • Set up expense management workflow
      • Define expense policies
      • Understand audit policies and audit workbench
      • Process expense reports
      • Import and maintain credit card transactions
      • Perform expense receipt processing
6. Implement and manage accounts receivable and credit and collections
   You need to configure the Accounts receivable lesson to be able to perform A/R functionality. You could then create customer invoices, post packing slips, use free text invoices that are not related to sales orders, and receive payments by using several different payment types such as cash, checks, credit cards, and electronic payments from your customers. Managing prospects and customers properly helps businesses to fulfill some of their requirements, such as customer satisfaction. At the same time, proper management avoids loss by checking many factors such as the credit limit and blocking the order being processed if it violates the policies of the company. Salespersons are the key for company's revenue, and their commissions should be taken care of upon completion of the sales cycle.
   1. Introduction
   2. Lesson 1: Configure Method of Payment
   3. Lesson 2: Create and maintain Customer groups and customers
   4. Lesson 3: Create and configure customer posting profile
   5. Lesson 4: Process orders, invoices, and payments
   6. Lesson 5: Configure Accounts receivable charges
   7. Lesson 6: Manage credit and collections
   8. Lesson 7: Configure revenue recognition
   9. Module summary
   10. Knowledge Check
   11. On completing this lesson, you will have learned to:
       • Configure Method of Payment
       • Describe and configure electronic payment formats
       • 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. Configure and manage budgeting
   Every organization, whether it is private or public, sets financial and operational goals by creating budgets. When the budget is established, management monitors the activities within the budget framework.
   1. Introduction
   2. Lesson 1: Configure and use basic budgeting
   3. Lesson 2: Configure and use budget controls
   4. Lesson 3: Create and configure registry entries
   5. Lesson 4: Configure and use budget planning
   6. Module summary
   7. Knowledge Check
   8. On completing this lesson, you will have learned to:
      • Configure and manage Budgeting processes
      • Configure budgeting components including budget models, codes, allocation terms, cycles, transfer rules
      • Configure budget controls including cycle time spans, budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions
      • Implement budget workflows
      • Create and configure registry entries
      • Perform budget checks on documents and journals
      • Create a budget plan including scenarios, stages, allocation stages, stage allocations, templates
      • Define a budget planning process and plan a budget
8. Configure and manage fixed assets
   The way in which fixed assets are handled must correspond to both international accounting standards and the accounting legislation in each country/region. Requirements might include rules for recording acquisition and disposal transactions, depreciation, lifetimes, and write-ups and write-downs of fixed assets. The Fixed assets functionality incorporates many of these standards and rules.
   1. Introduction
   2. Lesson 1: Configure Fixed assets components
   3. Lesson 2: Manage Fixed assets
   4. Lesson 3: Fixed asset acquisition, depreciation and disposal
   5. Lesson 4: Fixed asset integration
   6. Module summary
   7. Knowledge Check
   8. On completing this lesson, you will have learned to:
      • Implement and manage fixed assets
      • Create fixed assets and fixed assets groups
      • Describe and configure fixed asset books and depreciation
      • Configure Fixed asset parameters
      • Fixed asset acquisition and depreciation
      • Fixed asset leasing
      • Dual currency with Fixed assets
      • Organization-wide fixed asset identifiers
      • Fixed asset disposal
      • Create fixed asset budgets and transfer the budgets to the budgeting lesson
      • Estimate and perform an elimination of a project to a fixed asset

Course Labs

1. Create and post vendor/customer/general ledger payments
2. Configure a financial report
3. Configure tax ledger posting group
4. Create and apply an accrual scheme
5. Configure financial dimensions and make a journal entry for the new financial dimension value
6. Group discussion: creation of a number sequence
7. Video: Vendor payment journal
8. Configure an expense category
9. Group discussion: Expense management lesson
10. Configure payment methods, terms, and days
11. Adjust a temporary credit limit for a customer
12. Create a budget transfer rule
13. Video: Create budget register entry
14. Video: Use of two depreciation methods for Fixed Assets
15. Acquire a fixed asset by using an AP invoice journal