MB-310: Microsoft Dynamics 365 Finance

MB-310 Course: Microsoft Dynamics 365 Finance

This course covers the financial aspects of Dynamics 365 : setting up and using essential financial components, accounts payable, accounts receivable, collections, budgeting, fixed assets, and additional functionality.

The course includes a certification exam and a bonus gift opportunity in virtual mode! *Promotion valid until August 31st, for customers in Spain only. Does not apply to self-learning mode.

Course aimed at

A Dynamics 365 for Finance and Operations Functional Consultant is responsible for conducting discovery, capturing requirements, engaging subject matter experts and stakeholders, translating requirements, and configuring the solution and applications. The Functional Consultant implements a solution using out-of-the-box capabilities, no-code extensibility, and application and service integrations.

Elements of the MB-310 formation

• Set up and configure financial management and work with General Ledger (15 Modules)

• Implement accounts receivable, credit, collections, and revenue recognition (4 Modules)

• Implement and manage accounts payable and expenses (6 Modules)

• Manage budgeting (3 Modules)

• Manage fixed assets (4 Modules)

MB-310 Course Contents

Module 1: Set up and configure financial management; work with the general ledger

Module objectives:

• Get started with Dynamics 365 Finance
  
• Configure currencies
  
• Create fiscal calendars, years, and periods
  
• Configure chart of accounts
  
• Set up ledgers and journals
  
• Perform general ledger daily procedures
  
• Intercompany accounting
  
• Configure ledger allocations and accruals
  
• Configure and perform periodic processes

Lessons:

• Get started with Dynamics 365 Finance
  
• Configure currencies
  
• Create fiscal calendars, years, and periods
  
• Get started with chart of accounts
  
• Set up chart of accounts
  
• Set up financial dimensions
  
• Set up ledgers and journals
  
• Perform general ledger daily procedures
  
• Intercompany accounting
  
• Configure ledger allocations and accruals
  
• Configure and perform periodic processes…
• Work with analytics and reporting
• Set up cash and bank management
• Set up taxes
• Work with taxes
• Lab 1: Bank foreign currency revaluation

Module 2: Implement accounts receivable, credit, collections, and revenue recognition

Module objectives:

• Configure accounts receivable
  
• Perform accounts receivable daily procedures
  
• Set up credit and collections
  
• Process credit and collections
  

Lessons:

• Configure accounts receivable
  
• Perform accounts receivable daily procedures
  
• Set up credit and collections
  
• Process credit and collections
  
• Lab: Calculate risk scores

Module 3: Implement and Manage Accounts Payable and Expenses

Module objectives:

• Configure Accounts Payable
  
• Perform Accounts payable daily procedures
  
• Work with accounting distributions, invoice validations and settlements
  
• Set up and use Intelligent OCR for vendor invoices
  
• Get started with Expense management
  
• Set up and configure Expense management
  
• Create and process expense reports
  
• Work with travel requisitions

Lessons:

• Configure Accounts Payable
  
• Perform Accounts payable daily procedures
  
• Work with accounting distributions, invoice validations and settlements
  
• Set up and use Intelligent OCR for vendor invoices
  
• Get started with Expense management
  
• Set up and configure Expense management
• Lab: Breakdown of voucher

Module 4: Manage budgeting

Module objectives:

• Configure and use basic budgeting and budget control
  
• Configure and use budget planning
  

Lessons:

• Configure and use basic budgeting and budget control
  
• Configure and use budget planning
  
• Lab: Budget planning

Module 5: Manage fixed assets

Module objectives:

• Configure fixed assets management
  
• Manage fixed assets
  
• Set up Asset leasing
  
• Work with Asset Leasing
  

Lessons:

• Configure fixed assets management
  
• Manage fixed assets
  
• Set up Asset leasing
  
• Work with Asset Leasing
• Lab 5: Sell and purchase a fixed asset

Prerequisites

Before attending this course, students must have:

• Basic accounting knowledge
• Core competencies in Dynamics 365 Core

Language

• Course: Spanish / English
• Labs: English

Microsoft Associate Certification: Dynamics 365 Finance Functional Consultant Associate

Microsoft Certified: Dynamics 365 Finance Functional Consultant Associate

Manage data ingestion and preparation, model training and deployment, and monitoring of machine learning solutions with Python, Azure Machine Learning, and MLflow.

Level: Intermediate
Role: Functional Consultant
Product: Dynamics 365
Subject: Business applications