D365 Finance Modules (Finance Basics)

Finance Basics

Organisational Administration

Microsoft Dynamics 365 Finance – Course Content

1. Organizational Administration

Organization Setup

Introduction to Organizational Administration
Legal entities
Operating units
Departments
Business units
Cost centers
Organization hierarchies
Organization hierarchy purposes
Global Address Book
Addresses and contacts
Address books

Number Sequences

Number sequence concepts
Shared vs. company-specific number sequences
Number sequence groups
Continuous and non-continuous number sequences
Number sequence setup and troubleshooting

Workflow

Workflow concepts
Workflow users and assignments
Approval hierarchy
Workflow configuration
Workflow history

2. System Administration

User Administration

Create users
User options
User roles
Assign security roles
Security duties and privileges
Organization access
Role-based security
Segregation of duties

System Setup

System parameters
Email parameters
Email templates
Batch processing
Batch groups
Batch jobs
Recurring batch jobs
Alerts

Data Management

Data Management workspace
Data entities
Import data
Export data
Data projects
Excel integration
Data migration concepts

Administration & Monitoring

Batch job monitoring
System diagnostics
Database logging concepts
Workflow monitoring
System administration inquiries

3. General Ledger (GL)

Chart of Accounts

Chart of Accounts
Main accounts
Main account categories
Main account types
Account structures
Advanced rules
Financial dimensions
Account combinations
Ledger

Financial Dimensions

Create financial dimensions
Financial dimension values
Default dimensions
Fixed dimensions
Dimension combinations
Dimension activation
Financial dimension hierarchies
Dimension-based reporting

Ledger & Currency

Ledger setup
Accounting currency
Reporting currency
Fiscal calendars
Fiscal years
Periods
Currency exchange rates

Journal Management

Journal names
Journal controls
General journals
Daily journals
Allocation journals
Accrual journals
Intercompany journals
Ledger allocation
Reversing entries

Posting & Closing

Posting profiles
Posting validation
Voucher transactions
Period closing
Year-end closing
Opening balances
Foreign currency revaluation
Ledger settlements

Financial Reporting

Trial balance
Account statements
Financial statements
Balance sheet
Profit & loss
Cash flow statement
Financial reporting

4. Accounts Payable (AP)

Vendor Setup

Vendor groups
Vendor master
Vendor posting profiles
Vendor payment terms
Methods of payment
Vendor bank accounts
Vendor addresses
Vendor financial dimensions

Procure-to-Pay

Purchase order
Product receipt
Vendor invoice
Invoice matching
Three-way matching
Invoice approval
Invoice journals
Pending vendor invoices

Vendor Payments

Payment journals
Payment proposals
Vendor payment
Electronic payments
Check payments
Vendor settlement
Payment cancellation

AP Advanced Topics

Vendor prepayments
Credit notes
Charges
Cash discounts
Vendor aging
Vendor statements
Vendor invoice workflow
Invoice matching tolerances
Foreign currency vendor transactions

5. Accounts Receivable (AR)

Customer Setup

Customer groups
Customer master
Customer posting profiles
Payment terms
Methods of payment
Customer bank accounts
Customer financial dimensions

Order-to-Cash

Sales order
Packing slip
Customer invoice
Free text invoice
Credit note
Invoice journals

Customer Payments

Customer payment journals
Payment registration
Customer settlement
Payment proposals
Prepayments

Credit & Collections

Credit limits
Credit management
Credit holds
Customer aging
Collection activities
Collection letters
Customer statements
Overdue customer transactions

AR Reporting

Customer transactions
Customer balance
Aging report
Customer statement
Open customer invoices

6. Cash and Bank Management

Bank Setup

Bank groups
Bank accounts
Bank account parameters
Bank transaction types
Bank posting setup
Check setup

Bank Transactions

Bank deposits
Bank payments
Bank transfers
Customer receipts
Vendor payments
Bank adjustments

Bank Reconciliation

Manual bank reconciliation
Advanced bank reconciliation
Import bank statements
Reconcile bank transactions
Outstanding transactions
Reconciliation troubleshooting

Cash Management

Cash flow forecasting
Cash position
Bank balance
Foreign currency revaluation
Bank reconciliation reporting

7. Fixed Assets

Fixed Asset Setup

Fixed asset groups
Fixed asset master
Fixed asset books
Fixed asset posting profiles
Depreciation profiles
Depreciation conventions
Value models

Fixed Asset Transactions

Fixed asset acquisition
Acquisition from PO
Acquisition through journal
Capitalization
Depreciation
Depreciation proposal
Disposal
Sale of fixed assets
Scrapping
Transfer of fixed assets
Adjustment

Depreciation

Straight-line depreciation
Reducing balance
Depreciation conventions
Half-year/day-based concepts
Depreciation books
Depreciation adjustments

Fixed Asset Reporting

Fixed asset balances
Fixed asset transactions
Depreciation reports
Asset statements
Acquisition/disposal reports

8. Tax

Basic Tax Setup

Tax concepts
Tax authorities
Tax registration
Tax groups
Item tax groups
Tax codes
Tax rates
Tax jurisdictions
Tax settlement periods

Transaction Tax

Purchase tax
Sales tax
Input tax
Output tax
Reverse charge concepts
Tax-inclusive/exclusive prices
Tax calculation
Tax rounding

India GST

GST configuration
GST registration numbers
CGST
SGST
IGST
UTGST
HSN/SAC
GST groups
Item GST groups
GST on purchase
GST on sales
GST on transfer orders
GST settlement
GST reports

Withholding Tax / TDS

Withholding tax codes
TDS setup
TDS groups
Vendor TDS
Customer withholding
Threshold setup
TDS calculation
TDS settlement
TDS reporting

Tax Reporting

Tax transactions
Tax reconciliation
Tax settlement
Tax reports
GST reporting
Tax adjustment