MB-310: Microsoft Dynamics 365 Finance Functional Consultant

MB-310: Microsoft Dynamics 365 Finance Functional Consultant

Welcome to the MB-310: Microsoft Dynamics 365 Finance Functional Consultant course! This course covers the financial features in Dynamics 365 Finance. The Course Overview will outline the structure of the course, diving into the configuration and usage of areas such as accounts payable, accounts receivable, credit and collections, expense, budgeting, and fixed assets.

The finance consultant is a key resource that implements and configures Finance and Operations apps to meet the requirements of a business. They have a fundamental understanding of accounting principles and financial operations as they relate to core finance, manufacturing, retail, and supply chain management operations.

The consultant should have the MB-300 Core certification or equivalent knowledge prior to taking this course.

Microsoft Courseware

Instructor-Led Training

Course Duration: 4-Days (32-Hour)

Microsoft Official Lab Exercises

Courseware Life Time Free Upgrade

Cloud Lab Access

Overview

This course covers the financial features in Dynamics 365 Finance. The Course Overview will outline the structure of the course, diving into the configuration and usage of areas such as accounts payable, accounts receivable, credit and collections, expense, budgeting, and fixed assets.


A Dynamics 365 for Finance and Operations Functional Consultant is responsible for performing 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, codeless extensibility, application and service integrations.

Modules

Module 1: Overview of Dynamics 365 Finance

  • Introduction
  • Overview of Dynamics 365 Finance Features and capabilities
  • Core components of Dynamics 365 Finance
  • Overview of financial management modules in Dynamics 365 Finance
  • Benefits of Dynamics 365 Finance

Module 2: Set up and configure financial management

  • Introduction
  • Create and configure new legal entity
  • Define and configure the chart of accounts
  • Configure ledgers and currencies
  • Implement and manage journals
  • Implement and manage cash and bank
  • Implement cost accounting and cost management
  • Perform periodic processes
  • Configure, Collect and report taxes

Module 3: Implement and manage shared configuration for AP and AR

  • Introduction
  • Configure Terms of payments
  • Configure payment day and payment schedules
  • Configure cash discounts
  • Configure Payment calendar
  • Configure Payment fees

Module 4: Implement and manage accounts payable

  • Introduction
  • Create and maintain accounts payable method of payments
  • Create and maintain Vendor groups and vendors
  • Create and configure vendor posting profile
  • Configure invoice validation policies
  • Process orders, invoices and payments
  • Enable and test vendor collaboration portal for a vendor
  • Configure accounts payable charges
  • Configure and use Positive pay

Module 5: Implement and manage expense management

  • Introduction
  • Configure and use expense management

Module 6: Implement and manage accounts receivable and credit and collections

  • Introduction
  • Configure Methods of Payment
  • Create and maintain Customer groups and customers
  • Create and configure customer posting profile
  • Process orders, invoices and payments
  • Configure Accounts receivable charges
  • Manage credit and collections
  • Configure revenue recognition

Module 7: Configure and manage budgeting

  • Introduction
  • Configure and use basic budgeting
  • Configure and use budget controls
  • Create and configure registry entries
  • Configure and use budget planning

Module 8: Configure and manage fixed assets

  • Introduction
  • Configure Fixed assets components
  • Manage Fixed assets
  • Fixed asset acquisition, depreciation and disposal
  • Fixed asset integration

Fees And Schedule

Instructor-Led Training

32-Hour of Instructor-Led Training One to one doubt resolution sessions Microsoft Official Lab Access

Learning Objectives

In this course you will learn how to:


  • Work with Dynamics 365 Financial management features
  • Set up and configure financial management
  • Implement and manage shared configuration for Accounts Payable and Accounts Receivables
  • Complete the Implementation and management of Accounts Payable
  • Implement Expense management
  • Complete Implement and manage Accounts Receivable, and Use Credit and collections
  • Configure and manage budgeting
  • Implement and manage Fixed assets

Reviews

Dipak Agarwal - Business Analyst at Genpact

(5/5)
Excellent professional & comfortable environment to learn

The training was good, I would like to go through some more training.

Gurpreet Marwaha - IAM Analyst at National Australia Bank, Australia

(5/5)
I learned a lot

Excellent Office 365 training provided by Flexmind

Kiranmai Yachareni - Web Developer at Total Quality Logistics, USA

(5/5)
Excellent ability to clarify all the queries I raised

Thank You! I would definitely recommend it to others. The training session was very informative and interactive. Very useful and definitely thought-provoking. All the module sessions were clear and interactive, great, and friendly. Catered to all levels, which was good for those just starting out and those with more experience. I really appreciate the recorded videos and training material, which would be definitely helpful for later references.

Praveen S (Associate at Grant Thornton LLP)

(5/5)
Excellent knowledge of the trainer on the Subject

I attended PowerApps/Flow training from Flexmind. The topics of the course were well organized & knowledge of the trainer on the subject was excellent. It was very helpful and I will apply in my day to day task at the office. I will definitely recommend a friend or colleague to attend courses from Flexmind.