• Set up and configure financial management (40–45%)

• Implement accounts receivable, credit, collections, and revenue recognition (15–20%)

• Implement and manage accounts payable and expenses (15–20%)

• Manage budgeting (5–10%)

• Manage fixed assets (10–15%)

• Describe use cases for financial dimensions

• Define and configure the chart of accounts and main accounts

• Describe use cases for main accounts categories, ledger account aliases, and balance control accounts

• Configure financial dimensions and dimension sets

• Configure legal entity overrides for financial dimensions and main accounts

• Create and configure account structures and advanced rules

• Configure financial tags

• Configure derived dimensions and financial dimension default templates

• Configure accounts for automatic transactions

• Configure and manage fiscal calendars, years, and periods

• Configure the ledger

• Describe and configure batch transfer rules

• Set up currencies and conversions for a legal entity

• Configure currency exchange types and rates

• Describe options for implementing voucher numbers in journals

• Configure journal names

• Set up journal controls and posting restriction rules

• Describe and configure journal workflow approvals

• Create voucher templates

• Describe use cases for periodic journals and deferrals

• Configure and apply accrual schemes

• Set up intercompany accounting

• Create templates to edit journals in Microsoft Excel

• Perform reversing entries

• Create and maintain bank groups and bank accounts

• Describe electronic payment formats

• Configure and process bank reconciliations including advanced bank reconciliations

• Configure the cash flow forecast setup

• Configure the cash flow automation setup

• Enable and configure summarized bank transactions for vendor and customer payments

• Describe cost accounting processes and terms

• Describe and configure the costing sheet including indirect costs

• Configure cost groups

• Implement inventory costing versions

• Differentiate between inventory costing methodologies

• Configure item model groups

• Configure item groups and inventory posting profiles

• Perform inventory closing and adjustment processes

• Configure cost categories

• Set up inventory value reports

• Define and demonstrate periodic closing processes and end-of-year processes

• Perform financial consolidation and elimination processes

• Describe use cases and options for performing allocations

• Implement foreign currency revaluation processes

• Create and manage financial reports including modifying row, column, report definitions, and reporting tree

• Configure tax groups, tax codes, settlement periods, and jurisdiction

• Configure tax ledger posting groups

• Settle and post sales tax

• Configure withholding tax groups, tax codes, and authorities

• Set up customers and customer groups

• Configure and process free text invoices

• Process sales order invoices and credit memos

• Configure customer payment setup

• Configure accounts receivable charges

• Manage customer holds

• Set up customer posting profiles

• Process customer payments

• Enable and configure customer change approvals

• Perform foreign currency revaluation

• Configure credit management processes

• Configure collections management processes

• Manage delinquent customers

• Prepare and send customer account statements

• Manage customer credit limits and credit holds

• Set up and process collection letters and interest notes

• Configure aging definitions

• Process aged balances

• Configure journals and parameters for revenue recognition

• Configure and implement revenue schedules

• Enter and process revenue recognition transactions

• Configure and use bundles

• Configure invoice validation policies and invoice matching setup

• Set up vendor groups, vendors and vendor posting profiles

• Process purchase order invoices and credit memos

• Configure vendor payments including payment terms, method of payments, and payment calendars

• Configure accounts payable charges and apply changes to an invoice

• Configure bank accounts and bank account approvals for vendors

• Enable and configure vendor change approvals

• Perform foreign currency revaluation

• Configure vendor invoices and payment automation

• Process the vendor invoice journal including voyage cost

• Configure expense management including categories, per diem options, mileage expenses, intercompany expenses, and personal expenses

• Configure workflows for expense management

• Describe use cases for expense management policies and the audit workbench

• Describe and configure credit card processing

• Create and manage expense reports

• Configure and manage cash advance settings

• Create and manage travel requisitions

• Configure budgeting components including budget models, codes, allocation terms, and transfer rules

• Create and configure budget register entries

• Compare budgeted values with actual values

• Implement budget register entry workflows

• Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions

• Perform budget checks on documents and journals

• Configure budget cycle time spans

• Activate or deactivate budget control configurations

• Define a budget planning process

• Create or generate a budget plan

• Configure budget planning by using scenarios, stages, allocation stages, stage allocations, and templates

• Create a budget plan template

• Configure and manage a budget planning workflow

• Create fixed asset groups and other fixes asset attributes

• Configure fixed asset posting profiles

• Configure fixed asset parameters

• Describe the fixed asset lifecycle

• Configure fixed asset books

• Configure depreciation profiles

• Create and manage fixed asset

• Manage fixed asset groups and books mapping

• Process fixed asset disposal by using free text invoices

• Process fixed asset acquisitions by using purchase orders, journals, and projects

• Create fixed asset budgets and transfer the budgets to the budgeting module

• Process fixed asset depreciation

• Process fixed asset disposals and other transactions by using the fixed asset journal

• Process fixed asset split, reclassification, and transfer

• Configure asset leasing

• Manage asset leases

• Analyze asset lease reports

4 Days

none

Intermediate

Dynamics 365

Functional Consultant