Introduction to Microsoft Dynamics 365 Finance

Microsoft via Microsoft Learn

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This module introduces you to the core capabilities of Dynamics 365 Finance, including a discussion of legal entities, number sequence functionality, the approach for managing regional tax reporting requirements, and cost accounting concepts.
By the end of this module, you'll be able to:
- Describe Finance capabilities, features, and use cases.
- Describe organization and legal entities.
- Describe reporting currency and accounting currency.
- Describe tax capabilities.
- Describe cost accounting concepts.
- Describe use cases for Finance agents.
In this module, you learn about the chart of accounts, and then explore the various types of financial dimensions. You also look at periodic financial processes, such as financial period closes, and financial consolidation.
By the end of this module, you're able to:
- Describe chart of accounts, including main accounts.
- Describe the concept of a fiscal calendar.
- Describe financial dimensions and dimension sets concepts.
- Describe the accounting structure.
- Describe journaling concepts.
- Describe periodic financial processes.
In this module, you explore core accounts payable components, such as vendor invoices and purchase orders, and learn how to handle vendor payments. You also discover core accounts receivable processes, such as customers, customer invoices, and free text invoices. You also explore credit and collection processes, such as credit management and collections management. Finally, you learn subscription billing processes.
By the end of this module, you are able to:
- Describe core accounts payable components, including vendors, purchase orders, and vendor invoices.
- Describe vendor payments and settlements, including three-way matching concepts.
- Describe core accounts receivable components, including customers, customer invoices, and free text invoices.
- Describe credit management.
- Describe the collection process.
- Describe the concept of subscription billing.
In this module, you explore cash and bank management. You discover the core functionality of expense management and learn how to manage fixed assets. And finally, you review the budgeting capabilities of Finance.
By the end of this module, you are able to:
- Describe cash and bank management concepts.
- Describe expense management, including cash advances.
- Describe fixed asset management and fixed asset creation, acquisition, and depreciation.
- Describe budgeting capabilities.

Syllabus

Describe Dynamics 365 Finance core capabilities
- Introduction
- Describe Finance capabilities and features
- Describe organization and legal entities
- Describe reporting currency and accounting currency
- Describe tax capabilities
- Describe cost accounting concepts
- Describe use cases for Dynamics 365 Finance agents
- Module assessment
- Summary and resources
Describe the general ledger in Dynamics 365 Finance
- Introduction
- Describe the chart of accounts functionality
- Describe the concept of a fiscal calendar
- Describe financial dimensions and dimension set concepts
- Describe the accounting structure
- Describe journaling concepts
- Describe periodic financial processes
- Module assessment
- Summary and resources
Describe accounts payable and accounts receivable in Dynamics 365 Finance
- Introduction
- Describe core accounts payable components
- Describe vendor payments and settlements
- Describe core accounts receivable components
- Describe credit management processes
- Describe credit and collection processes
- Describe the concept of subscription billing
- Module assessment
- Summary and resources
Describe expense management, fixed asset management, and budgeting in Dynamics 365 Finance
- Introduction
- Describe cash and bank management concepts
- Describe expense management
- Describe fixed asset management
- Describe budgeting capabilities
- Module assessment
- Summary and resources