In this Microsoft Dynamics 365 Finance and Operations training, trainees can acquire the capabilities to minimize operational costs, rapidly adapt to the changing business markets, and achieve business goals quickly. Microsoft Dynamics 365 Finance and Operations is a cloud-based enterprise resource planning (ERP) solution that helps organizations manage their financial and operational processes. It provides a comprehensive suite of tools to help organizations streamline their financial and operational processes, including financial management, supply chain management, inventory management, and customer relationship management. Major vendors for this technology include Microsoft, Oracle, SAP, and Infor. Dynamics 365 for Finance and Operations is used to automate and streamline financial and operational processes, improve customer service, and gain insights into business performance. It can also be used to manage inventory, track customer orders, and analyze financial data. As a part of this Microsoft Dynamics 365 Finance and Operation course, you will work on real-world projects and industry scenarios to get sufficient exposure to handling financial accounts of multi-practice and multi-company organizations.

Course Objectives:

In this course, you will learn to:

• Capturing and Approving project expenses and time
• Automating the Bill and Collection process
• Scheduling Payments
• Generating Financial Statements
• Reversing Transactions
• Configuring Journals
• Creating Vendors
• Configuring Payments Terms
• Configuring Ledger Forms

Course content

General Ledger Setup (Core F&O)

• Currency and Exchange rate Setup
• Period and Fiscal Year Setup
• Date Interval
• Reason Codes
• Period Allocations

Chart of Accounts Setup (Core F&O)

• Chart of Accounts
• Financial Dimensions
• Financial Dimensions Sets
• Main Account Categories
• Create Main Accounts
• Configure Account Structure
• Accounts for Automatic Transactions
• Inquiries and Reports for Chart of Accounts

Journals Setup (Core F&O)

• Journal Setup
• Journal Names Demonstration
• Journal Control
• Journals Description
• Balance Control Accounts

Cash and Bank Management Setup & Daily Transactions (Core F&O)

• Bank Transaction Types & Groups
• Cash & Bank Management Parameters
• Payment Purpose Codes
• Bank Groups
• Bank Accounts
• Bank Remittance
• Payments Reversal
• Reconcile a bank Account

Account Payable Setup & Account Payable daily Procedures (Core F&O)

• Payment Schedules
• Terms of Payment, Payment Days, Cash Discounts
• Payment Fees, Methods of payments, Vendor Groups
• Vendor Posting Profiles, Account Payable Vendor
• Invoice Journals in Account Payable
• Invoice Register & Approval Journals
• Vendor Invoice Pool Excluding Posting
• Invoice Journal
• Voucher Template
• Payment Journals Involving Prepayments
• Invoice Matching
• Use Invoice Matching
• Charges to Purchase Order
• Manage Vendor Transactions

Account Receivable Setup & Account Receivable daily Procedures (Core F&O)

• Payment Schedules
• Terms of Payment, Payment Days, Cash Discounts
• Payment Fees, Methods of payments, Customer Groups
• Customer Posting Profiles, Account Receivable Customers
• Invoice Journals in Account Receivable Customers
• Invoice Register & Approval Journals
• Free Invoices, Recurring Free text Invoices, Free Text Invoice Correction
• Invoice Journal
• Payment Journals
• Manage Customer Transactions

Budgeting Overview & Planning (Core F&O)

• Budgeting Overview & Planning for Basic Budgeting
• Basic Budgeting Setup
• Exchange Rates & Parameters
• Budget Allocation Terms
• Budget Planning
• Budget Register Entries
• Budget Control

Multi Currency (Core F&O)

• Setups
• Account Receivable and Account Payable Exchange rate

Collection management (Core F&O)

• Customer Account Statement

Year-End Close (Core F&O)

• Create a New Fiscal Year
• Create and Post a Closing Sheet
• Transfer Opening Balances.

Configure Dynamics 365 Supply Chain Management, Manufacturing (Production)

• Configure and manage the production control module
• Configure and manage resources for production processes
• Configure discrete manufacturing
• Configure process manufacturing
• Configure lean manufacturing

Manage manufacturing processes (Production)

• Manage production orders
• Manage batch orders
• Manage Kanban orders
• Lab: Case study 1A discrete manufacturing
• Lab: Case study 1B process manufacturing
• Lab: Case study 1C Lean manufacturing

Implement master planning for production (Production)

• Configure and manage master planning
• Plan, schedule, and perform production capacity planning
• Lab: Case study 2 master planning

Implement other manufacturing features (Production)

• Configure manufacturing execution
• Configure costing policies
• Define product configuration models by using Product Configurator

Subcontracting for product manufacturing (Production)

• Configuring subcontracting
• Using subcontracting
• Lab: Case study 3 subcontracting

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