MB-310: Microsoft Dynamics 365 Finance Functional Consultant Instructor Led Online Training

Overview

Professionals can acquire industry-recognized credentials and build and improve their understanding of Dynamics 365 Finance by taking the Microsoft Dynamics 365 Finance course. The foundations of the business application, including its essential financial, accounting, inventory, revenue, and sales capabilities, are covered in this course.

There are various modules in the course. The General Ledger, Chart of Accounts, and default reports are all covered in the first module, which focuses on the basics of utilizing Dynamics 365. Dynamics 365's financial activities, such as customer invoices and payments, vendor bills and payments, currency and international exchange rates, tax laws, and sales discounts, are among the many financial activities that participants learn how to create, edit, and remove.

The second part of the article discusses Dynamics 365's flexibility and power, particularly its adaptability to different user requirements. Students gain knowledge of configuring Dynamics 365 for particular user groups and roles as well as importing pre-existing data into the programme.

The integration of Dynamics 365 with Microsoft Office, including Outlook and Excel, is covered in the third section of the course. Users can more quickly examine data and produce reports because of this.

How to use Dynamics 365's reporting tool and how to execute financial simulations are two other subjects addressed in the course. Participants should be able to use Dynamics 365 Financial more skillfully after completing the course and have a greater understanding of how it functions.

Prerequisites

• Basic familiarity with Microsoft Office programmes.
• Understanding of the foundations of accounting and financial procedures.
• Understanding of accounting, enterprise resource planning (ERP), or budgeting tools.
• Knowledge of general ledger, accounts payable, and accounts receivable, among other things.
• Basic knowledge of tax laws and legal requirements.
• Knowledge of business procedures.
• Working familiarity with internal control and auditing procedures.

Target Audience

• Functional consultants who work in finance and operations
• Chief Financial Officers (CFOs)
• Chief Accounting Officers (CAOs)
• Corporate executives, department heads, and other parties with a stake in the financial system or who could gain from more effective procedures and efficiencies
• Those with a background in software who need to become familiar with Microsoft Dynamics 365 Finance and its features

Training outcomes

• Recognize the essential functions and features offered by Microsoft Dynamics 365 Financial.
• Use the modules and data in Dynamics 365 Finance to implement financial operations within an organization.
• Master resource management and financial controls.
• Use Dynamics 365 Finance's multi-entity and multi-currency functionality.
• Configure and oversee accounts receivable and payable.
• Master tax calculation and create and handle taxes.
• Make use of instruments for financial reporting and performance evaluation.
• Combine the benefits of on-premises and cloud deployment options.
• Work with vendors and manage inventory and warehousing.
• Keep track of the start, middle, and due dates for invoices.