IL - MB-310 Microsoft Dynamics 365 Finance

Course Overview

In this course you will learn how to set up and configure financial management, manage and apply common processes, implement and manage accounts payable and receivable and manage budgeting and fixed assets. This course will help prepare you to pass the Microsoft certification exam MB-310 Microsoft Dynamics 365 Finance.

Course Details
  • Duration: 4 days
  • Level: 100

Who this course is designed for
  • Functional Consultant

  • Understand and perform financial duties in Dynamics 365 Finance
  • Basic accounting skills
  • Core competencies in Dynamics 365 Core

Course Outline

Module 01 - Implement and Configure Financial Modules
In this module you will learn how to configure and apply accrual schemes, configure cash flow reports, configure the letter of credit and letter of guarantee templates and set up inter-company accounting. You will also learn how to create and configure account structures, configure other modules including cash and bank management and budgeting, credit and collections, audit workbench, and consolidations and implement posting definitions.

Module 02 - Implement and Test Cost and Allocation Policies
In this module you will learn how to implement cost accounting processes, inventory costing versions and item groups. You will also learn how to create and process Ledger allocation rules, demonstrate use of cost accounting terminology and construct fiscal calendars, years, and periods.

Module 03 - Perform Periodic Processes
In this module you will learn how to configure financial period close, define and demonstrate periodic closing processes and end-of-year processes, demonstrate regional tax reporting capabilities and perform bank reconciliation and financial consolidation. This module will also cover how to create a cost accounting report by using the cost accounting Report Wizard and allocate funds by using Accounting distributions.

Module 04 - Configure, Collect, and Report Taxes
In this module you will learn how to configure tax components, implement and test end-of-year tax reporting and prepare periodic filings.

Module 05 - Define and Configure the Account Structure
In this module you will learn how to demonstrate the advanced ledger entries functionality, set up derived financial hierarchies, demonstrate financial consolidation and elimination processes and set up funds. You will also learn how to define and configure the main account, define and configure the financial dimensions and dimension sets, perform financial statements and perform tracking of posted transactions.

Module 06 - Implement Regulatory and Localization Features and Manage Currencies
In this module you will learn how to set up legal entity currencies and conversions, configure currency exchange rate providers, implement foreign currency revaluation processes and determine which regulatory and localization features to apply to a given scenario.

Module 07 - Implement and Manage Journals
In this module you will learn how to identify the different types of journals available and their setup, set up journal controls, configure the journal posting restriction rules and configure approval processes by using workflows. This module will also cover how to create voucher templates and perform daily procedures using journals.

Module 08 - Implement and Manage Accounts Receivable
In this module you will learn how to set up customer posting profiles, manage delinquent customers, configure billing codes for free text invoices, process orders, invoices, and payments and configure and process credit and collection. You will also learn how to configure customer payment setup, prepare and send customer account statements and configure accounts receivable charges.

Module 09 - Implement and Manage Accounts Payable
In this module you will learn how to configure invoice validation policies, set up vendor posting profile, process orders, invoices, and payments and configure the Vendor collaboration module. This module will also cover how to configure vendor payments and configure accounts payable charges.

Module 10 - Configure and Manage Budgeting Processes
In this module you will learn how to configure budgeting components, create a budget plan template, create a budget plan by using the budget plan wizard and perform the budget planning process. You will also learn how to configure budget controls, create and demonstrate registry entries and implement budget workflows.

Module 11 - Implement and Manage Fixed Assets
In this module you will learn how to create fixed assets and fixed assets groups, configure fixed asset parameters, identify when to enable integration with purchasing and sales module and perform acquisition, depreciation, and disposal of fixed assets.

Contact the experts at Opsgility to schedule this class at your location or to discuss a more comprehensive readiness solution for your organization.

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