Dynamics 365 Finance & Operations

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

Accounts Payable Module

• 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

Accounts Receivable Module

• 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

Cash and Bank Management Module

• 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

Fixed Asset Module

• 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

Budget Module

• 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