Microsoft - Financial Management in Microsoft Dynamics 365 for Finance and Operations

Lehrplan

Set up and configure the core financial modules

Define and configure the General ledger module.

• Define and create the chart of accounts and main accounts
• Set up and manage fiscal and ledger calendars
• Create and define financial dimensions and financial dimension sets
• Configure account structure
• Define the ledger for a legal entity
• Set up journals
• Define the General ledger parameters and accounts for automatic transactions
• Configure intercompany accounting

Explain and set up the Cash and bank management module.

• Explain bank transaction types and transaction groups
• Set up bank groups, create bank accounts
• Explain the Cash and bank management parameters
• Configure check layouts

Describe and design the Accounts receivable and Collections management modules.

• Describe customer posting profiles
• Set up customer payment information
• Create customers
• Define the Accounts receivable parameters
• Describe an organisational structure for centralised payments
• Set up and process collection letters
• Configure and calculate interest
• Process interest adjustments
• Set up customer pools and aging period definitions

Review and build the Accounts payable module.

• Define vendor posting profiles,
• Configure vendor payment information
• Explain invoice matching
• Create vendors
• Walkthrough the account payable parameters
• Review an organisational structure for centralised payments

Clarify and utilise the Tax module.

• Define ledger posting groups
• Create sales tax codes
• Establish sales and item tax groups
• Define sales tax authorities
• Explain withholding tax
• Review sales tax jurisdictions

Define basic fixed asset concepts, and complete setup for the Fixed assets module.

• Define depreciation methods and conventions
• Set up depreciation profiles and books
• Set up value models
• Define Fixed Asset parameters
• Create fixed assets
• Set up and assign bar codes to assets
• Lend fixed assets

Manage daily procedures for the core financial modules

Review and process transactions in the General ledger module.

• Create and post general journals
• Create voucher templates
• Process periodic journals
• Process period allocations
• Create and process accrual schemes
• Reverse a transaction
• Create reversing entries
• Use ledger accrual schemes in a journal
• Create and post intercompany journal entries

Analyse and walkthrough transactions in the Cash and bank management module.

• Create and delete checks
• Void a check and create payment reversals
• Create and cancel deposit slips
• Reconcile bank accounts

Assess and handle transactions in the Accounts receivable and Collections management modules.

• Create free text invoices
• Process prepayments
• Create payment journals
• Reverse settlements
• Reimburse a customer
• Perform sales order invoicing
• Review aged balances for customer
• Process customer account statements
• Create write-off transactions
• Process a non-sufficient funds cancellation
• Manage the status of customer transactions
• Use cases and activities to track collection actions

Define and create transactions in the Accounts payable module.

• Define and create different types of invoice journals
• Manage vendor invoices
• Perform invoice matching
• Process prepayments
• Create payment proposals
• Process payment journals

Explain and work with transactions in the Tax module.

• Revise sales tax prior to posting a transaction
• Post sales tax on prepayments
• Create transactions with conditional sales tax

Review and process fixed asset transactions.

• Define transaction types available
• Process acquisitions through journals
• Process depreciations
• Process disposals
• Process value adjustments
• Create purchase orders for fixed assets
• Acquire fixed assets from a purchase order

Set up, configure, and use the Budgeting module

Define basic budgeting concepts, and setup basic budgeting features.

• Define budget concepts
• Discuss different budget types
• Set up the different budget configurations
• Define the budget parameters

Configure and use budget control features.

• Set up the budget control configuration settings
• Define budget groups and budget control rules
• Enable budget control for source documents and journals
• Activate and turn on budget control
• View budget check results on transactions

Define and generate budget plans.

• Define budget planning configuration
• Create budget plans
• Process budget plans
• Modify budget plans in Excel

Create and process budget register entries.

• Create and process budget register entries
• Transfer budget balances
• Define budget allocations
• Update budget register entries in Excel
• Create budget register entries from budget plans

Manage periodic and closing procedures for the financial modules

Setup, configure, and run consolidations and eliminations.

• Set up and define a consolidation and elimination company
• Add consolidation information to main accounts
• Define and use consolidation groups
• Configure elimination rules
• Define the consolidation methods available
• Perform a consolidation
• Create and process eliminations

Configure and perform foreign currency revaluations.

• Define main account settings for foreign currency revaluation
• Define the types of foreign currency revaluations
• Perform foreign currency revaluations

Set up and run ledger allocations.

• Describe the various types of ledger allocation
• Create ledger allocations rules and basis
• Process ledger allocation requests
• Configure allocations terms for a main account

Construct and use the period close workspace.

• Describe uses for the period close workspace
• Configure the period close workspace
• Define a period close template
• Use the period close workspace

Set and run the fiscal year end closing processes.

• Define parameters for fiscal year end close
• Configure and run the fiscal year close process
• Describe and use the closing sheet