Dynamics 365 Finance & Operations

Syllabus

General Ledger Module
  • Navigate the General Ledger Workspace
  • Set up Currencies and Exchange Rates
  • Enable Exchange Rate Providers
  • Import Exchange Rates
  • Set up Periods and Fiscal Years
  • Set up Reason Codes and Period Allocations
  • Create Financial Dimensions
  • Configure Account Structures and Advanced Rules
  • Create a Main Account
  • Create Financial Dimension Sets
  • Complete Ledger Setup
  • Review the account setup for Automatic Transactions
  • Review General Ledger Parameters
  • Discuss Journal Controls and Posting Restrictions
  • Set up Balance Control Accounts
  • Review Inquiries and Reports
  • Review the entry process for General Journals
  • Create Journals Names
  • Review the entry and posting of General Journals
  • Complete posting Global General Ledger Journals
  • Review posting multiple journals, journals with workflow approval and periodic
  • journals
  • Discuss ledger accruals and transaction reversals
  • Review posting intercompany transactions
  • Review setup for intercompany accounting
  • Post an intercompany transaction
  • Trace intercompany transactions
  • Review ledger posting groups
  • Create Sales Tax Authorities
  • Set up Sales Tax Settlement Periods
  • Create Sales Tax codes and Exemption codes
  • Create Sales Tax groups and Item Sales Tax groups
  • Review Sales Tax Transactions
  • Demonstrate Withholding Sales Tax
  • Set up fiscal year end close parameters
  • Create a new fiscal year
  • Control transactions in a closing period
  • Hold or close a period
  • Create year-end adjustments
  • Make adjustments or transfers between accounts
  • Transfer opening balances to the new year
  • Describe what a consolidation is
  • Review Eliminations
  • General consolidation considerations
  • Complete a consolidation
  • Foreign currency considerations
  • Use Financial Reporting for consolidation reporting
  • Set up Payment Schedules
  • Set up Terms of Payment
  • Create Cash Discount Codes
  • Create Payment Fees
  • Review Accounts Payable Parameters
  • Set up Vendor Posting Profiles
  • Create Vendor Groups
  • Create a Vendor
  • Review Vendor details applicable to Finance
  • Create a Vendor Invoice Manually
  • Create a Vendor Invoice from a Purchase Receipt
  • Set Invoice Matching Policies
  • Update Match status on an Invoice
  • Over-ride matching requirements for an Invoice
  • Add Charges to an Invoice at posting
  • Create an Invoice Journal
  • Create an Invoice Approval Journal
  • Review the Invoice Register
  • Review Voucher Templates
  • Review Methods of Payment Setup
  • Create Payment Journals
  • Create Electronic Vendor Payments including Electronic Checks
  • Reverse payments to vendors
  • Review Inquiries and Reports
  • Review Bridging Accounts
  • Review concept of prepayment
  • Set up prepayments
  • Process prepayments with a payment journal

 

  • Process prepayments on a purchase order
  • Set up Terms of Payment
  • Create Cash Discount Codes
  • Review Accounts Receivable Parameters
  • Set up Customer Posting Profiles
  • Create Customer Groups
  • Create a Customer
  • Review Customer details applicable to Finance
  • Create Free Text Invoices and Recurring Free Text Invoices
  • Correct a Free Text Invoice
  • Create an Invoice against a Sales Order
  • Review the Customer Invoicing Workspace
  • Review customer statements
  • Set up Collection Letters
  • Process Collection Letters
  • Setup Interest Codes
  • Calculate and Post Interest for Overdue Accounts Receivable
  • Manage Interest
  • Review Aging Periods
  • View and Manage Collections Information
  • Review Advanced Collections Management Tasks
  • Review Customer Payment Setup
  • Create and process a Customer Payment Journal
  • Process Electronic Customer Payments
  • Edit Open Customer Transactions
  • Review Inquiries and Reports
  • Review Bank Transaction Types and Groups
  • Review Bank Parameters
  • Set up Payment Purpose Codes
  • Create Bank Groups
  • Create a Bank Account and Complete a Bank Reconciliation
  • Set up Electronic Reporting Templates
  • Create a Check Layout and Work with Checks
  • Set up Intercompany Accounting Postings

 

  • Set up Centralized Customer Payments
  • Set up Centralized Vendor Payments
  • Process Centralized Payments
  • Review the concept of a Bill of Exchange
  • Set up Bills of Exchange
  • Process a Bill of Exchange
  • Manually reconcile a bank account
  • Reconcile a bank account based upon a file from the bank
  • Complete fixed asset setup for journal names and parameters
  • Create fixed asset books
  • Create fixed asset groups
  • Set up posting profiles and reason codes
  • Set up fixed asset calendars
  • Create assets
  • Set up Capitalization Thresholds and Determination Rules
  • Complete fixed asset depreciation setup for depreciation methods
  • Set up depreciation profiles
  • Create depreciation conventions
  • Set up provision types and bonus depreciation
  • Complete a mass update of depreciation conventions
  • Review Lending Assets
  • Demonstrate Assigning Bar Codes to Assets
  • Copy Fixed Assets and Changing Fixed Assets Groups
  • Review Fixed Assets Additions
  • Review Fixed Assets Inquiries and Reports
  • Demonstrate Fixed Assets Replacement Cost and Insured Value Update
  • Review and demonstrate fixed asset transactions
  • Create fixed assets from purchase orders
  • Review the integration with the projects module
  • Manually depreciate a fixed asset
  • Use depreciation proposal to depreciate a fixed asset
  • Review Fixed Asset Budgeting
  • Review Budgeting concepts
  • Demonstration Basic Budgeting setup
  • Add Amounts to a budget
  • Complete Budget Transfers
  • Use Excel to update budgets

 

  • Transfer budgets to and from the General Ledger
  • Review inquiries and reports
  • Review integrated budgeting
  • Review the setup of organization hierarchies
  • Set up stages, scenarios and user security
  • Create budget plan columns and layouts
  • Set up workflow for budget approval
  • Use advanced rules for budgeting
  • Process budget approvals
  • Create and Manage Budget Plans
  • Use Excel to update Budget Plans
  • Review planning required to utilize budget control
  • Describe budget control components
  • Set up Permissions and Budget Funds Available
  • Create Rules and Select Main Accounts for budget control
  • Define Message Levels
  • Activate Budget Control
  • Utilize Budget Control for a transaction