81111 Dynamics 365 Business Edition Finance
Course Description
This 3-day course on the Dynamics 365 (D365) Business Edition is for those who are looking to grow your business. The Business edition of Dynamics 365 is great for companies who have 10 or even 250 employees. D365 for Business Financials can be installed as a stand-a-lone system or the base of a full-service Enterprise Resource Planning (ERP) system. The class is helpful as many people will stick with the inner-workings of the financial modules.
The D365 Financials is a cloud based systems and installs quickly. After you have deployed it, the real-work will start. You’ll need to configure the accounting system to match your business needs. This class you help you to make decisions on how-to setup your financial modules.
Who should Attend:
This class is best for professionals with programming experience and a working knowledge of Visual Studio. Managers who are making decisions can benefit from a better understanding of the development process.
This class is best for professionals involved in accounting, finance, inventory, manufacturing, project management, distribution, warehouse management, and services management who want to gain an understanding of the Microsoft Dynamics 365 for Business Finance and Operations application.
After completing this course, students will understand the following areas within D365 Business Edition
- Overview of Dynamics 365 for Business Functionality
- Finance Settings and Configuration Choices
- Understanding the General Ledger and the COA
- Managing Receivables
- Managing Payables
- Invoicing Prepayments
- Managing Bank Accounts
- Sales Order Processing
- Reporting
Course Outline
Module 1: Overview of Dynamics 365 for Business Functionality
Lessons
- Great new feature and comparison to Dynamics Enterprise
- Finances, Operations, Supply Chain, Manufacturing
- Dynamics 365 home page: Dashboard
- Administration settings for all companies
- Suggestions for applications areas and best practices
- Advice on importing data from other systems
Module 2: Work with Campaigns
Lessons
- Create a Company
- Assisted Setup
- Migrate Business Data
- Entering Initial Data
- Importing Data from QuickBooks
Module 3: Understanding the General Ledger and the COA
Lessons
- Setting-up the Chart of Accounts (COA)
- Posting Groups
- Working with Dimensions
- Create G/L Budgets
- Post Transactions Directly to the General Ledger
- Reverse Postings
Module 4: Share Information Across Teams
Lessons
- Applying Payments Automatically and Reconcile Bank Accounts
- Reconcile Customer Payments Manually from a List of Unpaid Sales Documents
- Apply Customer Payments Manually
- Collect Outstanding Balances
- Use Item Charges to Account for Additional Trade Costs
- Work with Payment Tolerances and Payment Discount Tolerances
Module 5: Managing Payables
Lessons
- Making Payments
- Applying Payments Automatically and Reconciling Bank Accounts
- Reconcile Vendor Payments Manually
- Use Item Charges to Account for Additional Trade Costs
Module 6: Invoicing Payments
Lessons
- Set Up Prepayments
- Create Prepayment Invoices
- Correct Prepayments
Module 7: Managing Bank Accounts
Lessons
- Creating a Bank Account
- Applying Payments Automatically and Reconcile Bank Accounts
- Reconcile Bank Accounts Separately
- Transfer Bank Funds
- Bank Feed (online banking)
Module 8: Sales Order Processing
Lessons
- Entering Quotes
- Creating Orders
- Processing Invoices
- Credit Memos
Module 9: Reporting
Lessons
- Generate Income Statements
- Balance Sheet
- Accounts Payable Aging Reports
- Accounts Receivable Aging Reports
Module 10: Course Review
- Overview of Dynamics 365 for Business Functionality
- Finance Settings and Configuration Choices
- Understanding the General Ledger and the COA
- Managing Receivables
- Managing Payables
- Invoicing Prepayments
- Managing Bank Accounts
- Sales Order Processing
- Reporting
Prerequisites
- Basic understanding of knowledge of accounting practices.