Overview

In this course, you’ll learn how to unify global financials and operations to ensure business expansion and customer satisfaction. You’ll also immerse yourself in how to automate tasks and workflows and learn how best to organise data and analytics required for customer ordering, selling, invoicing, and reporting.

Through Yasoob’s unique Lecture, Lab, and Review methodology, you’ll absorb the curriculum fast as you’re taught by a Microsoft Certified Trainers.

You’ll learn how to:

• Configure security, processes, and options.
• Validate and support the solution.
• Set up and configure financial management.
• Manage and apply common processes.
• Implement and manage accounts payable and receivable.

Curriculum

• Module 1: Overview of Dynamics 365 FinanceModule 1 will be based on following lessons:
  • Introduction
  • Lesson 1: Overview of Dynamics 365 Finance Features and capabilities
  • Lesson 2: Core components of Dynamics 365 Finance
  • Lesson 3: Overview of financial management modules in Dynamics 365 Finance
  • Lesson 4: Benefits of Dynamics 365 Finance
  • Module summary
  • Knowledge Check

   

  Module 2: Set up and configure financial management

  Module 2 will be based on following lessons:

  • Introduction
  • Lesson 1: Create and configure new legal entity
  • Lesson 2: Define and configure the chart of accounts
  • Lesson 3: Configure ledgers and currencies
  • Lesson 4: Implement and manage journals
  • Lesson 5: Implement and manage cash and bank
  • Lesson 6: Implement cost accounting and cost management
  • Lesson 7: Perform periodic processes
  • Lesson 8: Configure, collect, and report taxes
  • Module summary
  • Knowledge Check

  Module 2 lab include following exercises:

  • Exercise 1: Configure a new legal entity
  • Exercise 2: Create a chart of accounts and main accounts
  • Exercise 3: Create Advanced Rule Structures
  • Exercise 4: Create a fiscal calendar, years and periods
  • Exercise 5: Import exchange rates by using a provider
  • Exercise 6: Create and use Voucher templates
  • Exercise 7: Configure and test Accrual schemes
  • Exercise 8: Configure and test ledger allocation rules
  • Exercise 9: Set up and use Intercompany accounting
  • Exercise 10: Create bank transaction types and bank transaction groups
  • Exercise 11: Create a bank group and bank account
  • Exercise 12: Make deposits and perform payment reversals
  • Exercise 13: Use Bank management workspaces
  • Exercise 14: Create Cost accounting by using a wizard
  • Exercise 15: Perform year end close
  • Exercise 16: Configure Indirect sales tax

   

  Module 3: Implement and manage shared configuration for A/P and A/R

  Module 3 will be based on following lessons:

  • Introduction
  • Lesson 1: Configure Terms of payment
  • Lesson 2: Configure payment days, and payment schedules
  • Lesson 3: Configure Cash discounts
  • Lesson 4: Configure Payment calendar
  • Lesson 5: Configure Payment fees
  • Module summary
  • Knowledge Check

  Module 3 lab include following exercises:

  • Exercise 1: Configure Terms of payment
  • Exercise 2: Configure Payment Schedule
  • Exercise 3: Configure cash discounts
  • Exercise 4: Create a payment calendar
  • Exercise 5: Configure Payment fees

   

  Module 4: Implement and manage accounts payable

  Module 4 will be based on following lessons:

  • Introduction
  • Lesson 1: Create and maintain Accounts payable method of payments
  • Lesson 2: Create and maintain Vendor groups and vendors
  • Lesson 3: Create and configure vendor posting profile
  • Lesson 4: Configure invoice validation policies
  • Lesson 5: Process orders, invoices, and payments
  • Lesson 6: Enable and test vendor collaboration portal for a vendor
  • Lesson 7: Configure accounts payable charges
  • Lesson 8: Configure and use Positive pay
  • Module summary
  • Knowledge check

  Module 4 lab include following exercises:

  • Exercise 1: Configure Method of Payment
  • Exercise 2: Create Vendor group and vendor
  • Exercise 3: Create and configure vendor posting profile
  • Exercise 4: Record vendor invoice and match against received quantity
  • Exercise 5: Use the vendor invoice matching policy
  • Exercise 6: Record invoice by using Invoice register, approval and Invoice journals
  • Exercise 7: Process Vendor payment by using a Payment journal
  • Exercise 8: Configure vendor collaboration
  • Exercise 9: Manage charges

   

  Module 5: Implement and manage expense management

  Module 5 will be based on following lessons:

  • Introduction
  • Lesson 1: Configure and use expense management
  • Module summary
  • Knowledge check

  Module 5 lab include following exercises:

  • Exercise 1: Create an Expense Category
  • Exercise 2: Create an Expense Policy
  • Exercise 3: Create an Audit Policy
  • Exercise 4: Create and Submit an Expense Report

   

  Module 6: Implement and manage accounts receivable and credit and collections

  Module 6 will be based on following lessons:

  • Introduction
  • Lesson 1: Configure Method of Payment
  • Lesson 2: Create and maintain Customer groups and customers
  • Lesson 3: Create and configure customer posting profile
  • Lesson 4: Process orders, invoices, and payments
  • Lesson 5: Configure Accounts receivable charges
  • Lesson 6: Manage credit and collections
  • Lesson 7: Configure revenue recognition
  • Module summary
  • Knowledge Check

  Module 6 lab include following exercises:

  • Exercise 1: Configure Method of Payment
  • Exercise 2: Create a new customer group and customer
  • Exercise 3: Configure and maintain customers
  • Exercise 4: Create and configure customer posting profile
  • Exercise 5: Create and process free text invoices
  • Exercise 6: Process invoice and settle it against a payment
  • Exercise 7: Set up charge codes for Accounts receivable
  • Exercise 8: Configure Credit and collections
  • Exercise 9: Perform Write-Offs
  • Exercise 10: Process credit and collections

   

  Module 7: Configure and manage budgeting

  Module 7 will be based on following lessons:

  • Introduction
  • Lesson 1: Configure and use basic budgeting
  • Lesson 2: Configure and use budget controls
  • Lesson 3: Create and configure registry entries
  • Lesson 4: Configure and use budget planning
  • Module summary
  • Knowledge Check

  Module 7 lab include following exercises:

  • Exercise 1: Configure Basic budgeting components
  • Exercise 2: Configure Budget control components
  • Exercise 3: Use Budget register entries
  • Exercise 4: Configure Budget planning, create and use a planning process

   

  Module 8: Configure and manage fixed assets

  Module 8 will be based on following lessons:

  • Introduction
  • Lesson 1: Configure Fixed assets components
  • Lesson 2: Manage Fixed assets
  • Lesson 3: Fixed asset acquisition, depreciation, and disposal
  • Lesson 4: Fixed asset integration
  • Module summary
  • Knowledge Check

  Module 8 lab include following exercises:

  • Exercise 1: Configure fixed assets components
  • Exercise 2: Set up and create depreciation profiles
  • Exercise 3: Acquiring an Asset Using the Fixed Assets Journal
  • Exercise 4: Depreciating and disposing an asset

Skills Measured

• Set up and configure financial management (50-55%)
• Implement and manage accounts payable and expenses (10-15%)
• Implement accounts receivable, credit, collections, and revenue recognition (20-25%)
• Manage budgeting and fixed assets (10-15%)

 

What’s Included

• Exam vouchers.
• Practice tests.
• 24-hour lab access.

Prerequisites

• A basic understanding of ERP and CRM concepts

Microsoft Certified Dynamics 365 Fundamentals certification