Manage Financial Operations with Dynamics 365 Finance

This course empowers finance professionals to manage core financial operations using Microsoft Dynamics 365 Finance. With a renewed focus on practical application and role-specific tasks, the course provides the skills to configure, manage, and analyse financial processes across accounts payable, receivable, budgeting, fixed assets, and cost management. Learners will gain insights into both foundational financial setups and advanced features like tax calculations, netting processes, and Excel-based journal publication.

Refreshed to reflect the evolving demands of the finance sector, this course now includes expanded modules on cost management, forecasting, and operational agility, aligning finance functions with the strategic needs of modern organisations.

Accessing your courseware and registering attendance with Microsoft

To access your Official Curriculum (MOC) course materials you will need a Microsoft.com/Learn account. In Learn you will also be able to register your completion of the event and receive your achievement badge. You will be issued with a unique code during your event.

By the end of this course, learners will be able to:

• Configure financial management features such as general ledger and tax engines
• Manage accounts payable, receivable, and collections processes
• Administer fixed assets, cost accounting, and inventory linkages
• Implement budgeting and forecasting strategies using financial dimensions
• Automate tax calculations and journal management
• Perform customer-vendor netting and manage reversal workflows
• Generate and interpret trial balance reports for financial health checks

Important - This course has MFA Requirements. Please read this link and download the MFA app, prior to attending.

Participants should have:

• A fundamental understanding of financial principles and business processes
• Prior experience with ERP systems, preferably Microsoft Dynamics 365
• Familiarity with chart of accounts, journal entries, and financial reporting

Target audience

This course is ideal for:

• Functional consultants and finance professionals working with Dynamics 365
• Business analysts responsible for financial systems configuration
• Individuals preparing for the MB-310 certification exam
• Organisations seeking to optimise financial operations through automation

Configure financial management

• Set up legal entities, currencies, and chart of accounts
• Configure journals, financial dimensions, and ledger allocations
• Manage tax calculation and adjustment using the Dynamics 365 tax engine
• Automate journal line publication through Microsoft Excel

Manage accounts receivable

• Set up customer groups, payment schedules, and terms
• Configure credit and collections policies
• Manage revenue recognition
• Run customer ageing and balance reports

Manage accounts payable

• Configure vendors, terms of payment, and cash discount options
• Manage invoice processing and payment proposals
• Set up expense management and reimbursement policies
• Implement vendor invoice journals

Perform budgeting and forecasting

• Configure budgeting structures and workflows
• Define and apply budget control rules
• Integrate forecasting with actuals for comparative analysis
• Simulate and revise budgets for scenario planning

Administer fixed assets and inventory

• Set up fixed asset groups, books, and depreciation profiles
• Manage asset acquisition, disposal, and value adjustments
• Link inventory postings and item model groups to financial ledgers
• Use posting profiles for asset and inventory transactions

Implement cost management for finance professionals

• Understand cost accounting principles in Dynamics 365 Finance
• Configure cost groups, costing versions, and item groups
• Apply posting profiles and manage inventory recalculation
• Execute inventory closing and reconcile variances

Net customers and vendors

• Set up and manage netting agreements between customers and vendors
• Perform manual and automated netting
• View and report on netting history
• Reverse netting transactions and resolve discrepancies

Run trial balance and validate postings

• Compare trial balance formats and select appropriate reports
• Validate postings using financial dimensions
• Interpret trial balance data for audit and compliance
• Best practices for ongoing ledger reconciliation

Hands-on learning

This course includes:

• Hands-on labs using a simulated Dynamics 365 Finance environment
• Journal publication via Excel integration for real-world application
• Scenario-based exercises focused on tax adjustments, cost analysis, and netting workflows
• Instructor-led troubleshooting sessions and guided activities