Dynamics 365 Finance & Operations : Financials Part1/3 MB310

Explore the procure-to-pay cycle from purchase requisitions to supplier invoices, including PO and non-PO invoices, purchase orders, product receipts, and invoice and payment journals.

Create a purchase order, add items and quantities, and confirm with the supplier. Post a product receipt and process the invoice, with invoice matching validation noted as a future topic.

Learn to create vendor invoice journals in accounts payable, post and review vendor transactions, and track invoice dates, numbers, travel expenses, and remaining balances.

Discover how to obtain a free Dynamics 365 finance and operations trial using your work email, set up the Office 365 admin center, and deploy a ready environment.

Learn to create a new legal entity in Dynamics 365 finance and operations, configure localization for Singapore, and set address, time zone, and essential entity details.

Define fiscal calendars, accounting currency, reporting currency, and chart of accounts for the company; understand calendar vs fiscal year differences guiding transactions, fixed asset depreciation, and budget cycles in ledger.

Navigate the ledger form in general ledger, create a fiscal calendar, and apply shared calendars across legal entities, while configuring accounting, reporting, and transaction currencies.

Understand accounting currency, reporting currency, and transaction currency in Dynamics 365. See SGD and INR transactions appear in USD across trial balance and profit and loss statement reports.

Learn how to create general journals in Dynamics 365 Finance & Operations, enter expenses using ledger accounts, debit and credit entries, and post balanced vouchers with multiple line options.

Discover how to create chart of accounts and main accounts in Dynamics 365 Finance and Operations, share them across legal entities, and manage visibility.

Create a main account in the USMF company's shared chart of accounts, set it as asset or P&L or balance sheet, and configure active dates, debit/credit rules, and default currency.

Learn how legal entity overrides tailor a shared chart of accounts for multi-company implementations. Set per-entity suspensions and default financial dimensions, such as business unit, department, and cost center.

Learn how Dynamics 365 supports multi-currency posting, automatic currency conversion, and exchange rate types using the currencies master and default exchange rates for journals and ledgers.

Import currency exchange rates from online providers into finance and operations, configure providers, create or override currency conversions, and verify updates in the general ledger.

Learn how voucher templates streamline recurring transactions in general journals by saving percent-based or amount-based templates, fetching them for future entries, and distributing expenses across business units.

Explore periodic journals in the general ledger to manage recurring transactions by using templates, defining monthly intervals, and copying data for posting when dates align.

Explore accrual schemes in ledger accounts to evenly recognize a year-long expense, like insurance, by setting accruals, posting monthly across 12 periods and reviewing with a print journal.

Review the part one foundation of dynamics 365 finance and operations, including demo data, vendor setup, procure-to-pay, vendor invoice journals, fiscal calendars, and the ledger.