MB-310T00 Microsoft Dynamics 365 Finance

1 – Get started with Dynamics 365 Finance

• Benefits of Dynamics 365 Finance
• Overview
• General ledger
• Cash and bank management
• Tax
• Accounts payable
• Accounts receivable
• Credit and collections
• Budgeting
• Fixed assets
• Cost accounting
• Electronic invoicing

2 – Configure currencies in Dynamics 365 Finance

• Set up currencies and conversions
• Configure and import currency exchange rates

3 – Create fiscal calendars, years, and periods in Dynamics 365 Finance

• Fiscal calendars, fiscal years, and periods
• Create fiscal calendars, years and periods
• Select a fiscal calendar
• Define budget cycle time spans
• Maintain periods for your organization
• Create date intervals

4 – Configure chart of accounts in Dynamics 365 Finance

• Plan your chart of accounts
• Multiple charts of accounts
• Set up chart of accounts
• Main account categories
• Main account information
• Allocation terms
• Main account validation options
• Main account closing options
• Financial tags
• Accounts for automatic transactions
• Define and configure financial dimensions
• Create a custom financial dimension
• Create an entity-backed financial dimension
• Activate and delete financial dimensions
• Default dimension values
• Derived dimensions
• Configure financial dimension templates and sets
• Define and configure account structures and advanced rules
• Ledger account aliases

5 – Set up ledgers and journals in Dynamics 365 Finance

• Understand the different types of journals and their setup
• Describe use cases for periodic journals
• Configure ledger and journal setup
• Discover options for implementing voucher numbers in journals
• Set up journal approvals
• Configure and use journals
• Reverse journal posting
• Set up batch transfer rules

6 – Perform general ledger daily procedures in Dynamics 365 Finance

• Using balance control accounts
• Process a journal entry
• Work with general ledger processes
• Ledger settlements
• Create templates to edit journals in Microsoft Excel
• Create voucher templates
• Set up journal controls

7 – Intercompany accounting in Dynamics 365 Finance

• Set up intercompany accounting
• Post intercompany journals
• Trace an intercompany entry

8 – Configure ledger allocations and accruals in Dynamics 365 Finance

• Configure and apply accrual schemes
• Configure ledger allocation rules

9 – Configure and perform periodic processes in Dynamics 365 Finance

• Set up the Financial period workspace and closing schedule
• Bank reconciliations
• Year-end 1099 reporting
• Run foreign currency revaluation processes
• Process end of year close
• Perform financial consolidations

10 – Work with analytics and reporting in finance and operations apps

• Understand different types of reports and inquiries
• Financial reporting
• Find inquiries and reports
• Generate and consume inquiries and reports
• Configure finance and operations apps for Microsoft Power Platform

11 – Configure cash and bank management in Dynamics 365 Finance

• Understand bank transaction types and groups
• Set up cash and bank management parameters
• Set up the Single Euro Payments Area (SEPA) direct debit mandate
• Set up International Bank Account Number (IBAN) structures
• Configure banks and bank check layout
• Set up bank accounts for customers
• Set up bank accounts for vendors
• Deposits and refunds
• Understand cash flow forecast and reports
• Configure cash flow forecasting

12 – Configure taxes in Dynamics 365 Finance

• Configure ledger posting groups
• Configure sales tax authorities
• Configure sales tax settlement periods
• Create sales tax codes
• Configure sales tax groups and item sales tax groups
• Withholding tax
• Sales tax exemption
• Conditional sales tax
• Sales tax on transactions
• Set up sales tax reporting codes
• Prepare periodic filings

13 – Set up accounts receivable in Dynamics 365 Finance

• Payment schedule
• Terms of payment and payment days
• Cash discounts
• Payment fees
• Set up the credit card payment service
• Methods of payment and payment control
• Set up a payment calendar and payment calendar rules
• Create and maintain customers
• Set up customer posting profiles
• Configure accounts receivable charges

14 – Perform accounts receivable daily procedures in Dynamics 365 Finance

• Create free text invoices
• Recurring free text invoices
• Create and handle payments of customer invoices for sales orders
• Settle transactions and undo settlements
• Revenue recognition overview
• Define revenue schedules
• Define revenue prices
• Set up bundle items

15 – Set up credit and collections in Dynamics 365 Finance

• Set up accounts receivables for credit and collections
• Set up credit and collections components
• Set up interest rates for an interest code
• Waive, reinstate, or reverse interest fees
• Set up and manage collection letters

16 – Process credit and collections in Dynamics 365 Finance

• Customer account statement
• Working with collections
• Manage customer credit and collections
• Credit management

17 – Configure Accounts payable in Dynamics 365 Finance

• Configure the payment schedule
• Configure terms of payment and payment days
• Configure cash discounts
• Set up payment fees
• Create vendor groups
• Set up accounts payable posting profiles
• Create vendors
• Set up methods of payment for vendors
• Set up electronic payment formats
• Configure accounts payable charges
• Configure and use positive pay

18 – Perform Accounts payable daily procedures in Dynamics 365 Finance

• Understand invoice types in Accounts payable
• Incoming invoice payments
• Record vendor invoices
• Modify due dates and discount dates
• Work with cash discounts from vendors
• Create vendor payments
• Reverse a vendor payment
• Manage prepayments and prepayment invoices

19 – Work with accounting distributions, invoice validations and settlements in Dynamics 365 Finance

• Settle transactions and undo settlements
• Distribute funds by using accounting distributions
• Configure invoice validation policies
• Three-way matching policies
• Accounts payable invoice matching
• Invoice totals matching
• Two-way, price totals matching
• Two-way, net unit price matching
• Three-way matching
• Vendor invoice workflow
• Charges matching

20 – Get started with Expense management in Dynamics 365 Project Operations

• Plan expense management
• Intercompany expenses
• Financial management
• Per diems
• Journals and accounts
• Payment methods
• Taxes
• Policies
• Expense categories and shared categories
• Map expense categories to a main account

21 – Set up and configure Expense management in Dynamics 365 Project Operations

• Expense management workspace
• Expense management parameters
• Expense management workflows
• Expense report policies and per diem rules
• Evaluate policies by using Audit workbench cases
• Set up mileage expense options
• Intercompany expenses
• Personal expenses on an expense report
• Set up credit card transaction processing and import credit transactions
• Expense receipt processing
• VAT recovery

22 – Create and process expense reports in Dynamics 365 Project Operations

• Create an expense report
• Intercompany expenses
• Itemize expenses by line
• Distribute an expense
• Add guests
• Attach receipts and documents to an expense report
• Submit an expense report to a workflow
• Approve an expense report
• Delegate an expense report
• Post an expense report
• Reporting options

23 – Work with travel requisitions in Dynamics 365 Project Operations

• Create a travel requisition
• Approve a travel requisition
• Create a cash advance
• Update a cash advance

24 – Configure and use basic budgeting and budget control in Dynamics 365 Finance

• Planning for basic budgeting and budget control
• Budgeting methodologies
• Basic budgeting overview
• Configure basic budgeting
• Use workspaces and inquiry pages to track budget vs. actuals
• Budget control overview
• Configure budget control
• Configure budget control (cont.)
• Create and manage budget register entries
• Use inquires and reports for budget analysis
• Implement a budget register workflow

25 – Configure and use budget planning in Dynamics 365 Finance

• Configure budget planning components

26 – Configure fixed assets management in Dynamics 365 Finance

• Fixed assets and current assets
• Accounting for fixed assets
• Relationships between fixed assets components
• Configure fixed assets components
• Derived books
• Enable fixed asset integration
• Fixed asset transaction options
• Demonstration – Create a fixed asset

27 – Manage fixed assets in Dynamics 365 Finance

• Overview
• Scenario – customer requirements for fixed assets
• Set up and create fixed assets
• Set up acquisitions
• Acquire assets through procurement
• Manual and automatic methods to create fixed assets
• Transfer a fixed asset
• Set up fixed asset groups
• Split a fixed asset
• Update fixed asset information
• Fixed assets roll forward report
• Depreciation
• Dispose and lend fixed assets
• Sell a fixed asset by using a free text invoice
• Dispose of fixed assets as scrap
• Estimate and eliminate a project to a fixed asset
• Asset budgeting