Dynamics 365 Core Finance and Operations (Part 1/2)

Explore the Dynamics 365 platform and its finance and operations and CRM applications. Understand how Azure subscriptions, SaaS architecture, and billing relate, and note the free trial with Contoso data.

Explore how Dynamics 365 unifies crm and erp on the Power Platform, enabling ai-powered apps and data sharing across sales, service, marketing, and finance.

Explore how Dynamics 365 operates as a cloud-based software as a service, with tenants, subscriptions, and billing, plus how Azure Active Directory isolates resources and enables free trial setups.

Access a Dynamics 365 core finance and operations lab via Microsoft Learn certification; launch a VM, sign in with provided credentials, and use Edge for training.

Navigate Dynamics 365 F&O by mastering navigation elements, modules, pages, and views. Apply search techniques and leverage workspaces to drive productivity.

Navigate module patterns in Dynamics 365 core finance and operations, covering setup and parameters, inquiries and reports, and using grid sorting, filtering, and view options from list to details.

Apply advanced filter and sort with the query builder to build complex criteria across tables, save reusable queries, and sort by chosen fields to tailor vendor lists.

Discover how workspaces in Dynamics 365 centralize activities for productivity. Access tasks directly, view data with filters and KPIs, and navigate via dashboard, search, or module workspaces.

Define and create legal entities in Dynamics 365 F&O, generate sequence numbers for entities, and manage the global address book to create new parties.

Create a new legal entity in organization administration module by providing its name, code, country, and registration numbers with localized functionality for regulatory compliance, and update the dashboard banner image.

Learn how number sequences generate readable, unique identifiers for master data and transactions in dynamics 365 finance and operations, covering scope, legal entity formats, continuous and non-continuous numbering, and pre-allocation.

Learn how to configure and generate number sequences for vendors in Dynamics 365, including setup in accounts payable parameters, segments, constants, and the number sequence wizard.

Explore the global address book as a centralized master data repository for internal and external parties, linking party records to roles like customer, vendor, and worker.

Create a party in the global address book by selecting organization or person, assign a role (vendor or customer), and save with a vendor record when applicable in accounts payable.

Explore security terms and concepts in the fNo module, including authentication, authorization, auditing, roles, duties, permissions, and segregation of duties implemented with reports such as user roles and assignment roles.

Understand the security architecture of finance and operations, including authentication via Azure Active Directory and authorization controls. Learn how roles, duties, and privileges govern access and how auditing logs sign-ins.

Configure and manage security in dynamics 365 core finance and operations by setting up system administration, defining roles, privileges, and duties, assigning users to roles, and publishing security changes.

Enforce segregation of duties in Dynamics 365 by separating tasks like vendor payments and goods receipts, creating rules such as IFRS, and verifying compliance to prevent fraud.

Explore the built-in security reports in Dynamics 365 core finance and operations, including user role assignments, role access, and effective permissions, with parameterized filtering and export options.

Explore workflows in Dynamics 365 core finance and operations, learn workflow types across modules, and build a purchase requisition workflow using the workflow editor.

A workflow routes documents through managers for approval, rejection, or delegation using manual or conditional decisions; use standard workflow types across modules or create types in Visual Studio.

Create and configure a purchase requisition line review workflow in the Dynamics 365 workflow editor, set a threshold greater than 10,000, and activate the default workflow.

Explore finance core concepts in Dynamics 365 f&o, including general ledger, fiscal calendar, chart of accounts, and currency setup. Learn to create master data and run procure-to-pay and order-to-cash processes.

Explore the finance modules in f&o, including general ledger, cash and bank management, tax, accounts payable and receivable, budgeting, fixed assets, and cost accounting for cost control and reports.

Explore how the general ledger defines the financial structure with chart of accounts and fiscal periods, serving as the register for all debit and credit entries, including accruals and consolidation.

Explore how the general ledger integrates with accounts payable, accounts receivable, inventory, cash and bank management, production costs, budgeting, and depreciation in dynamics 365 finance and operations.

Explore how the general ledger uses a chart of accounts and main accounts to classify assets, liabilities, revenues, expenses, and owner equity, with debit or credit rules and validation.

Define financial dimensions within the general ledger and map main accounts to cost centers. Use advanced rules to link accounts and dimensions for multi-angle views of financial transactions.

Configure currency setup in the general ledger module by defining currencies, ledger and reporting currencies, and exchange rates from providers like Central Bank of Europe or Central Bank of Russia.

Create and manage fiscal calendars in the general ledger, defining fiscal years, opening and closing periods, and quarterly structures, with example calendars and flexible start dates.

Explore how to create and post general journal vouchers in the Dynamics 365 general ledger, configure accounts, debit and credit lines, and validate postings before posting.

Recap tasks include preparing pre closing reports, processing closing transactions, allocating transactions, maintaining ledger accounts, closing books and periods, revaluing currency, converting accounting currency, consolidating transactions, and forecasting cash flow.

Explore the accounts payable module to manage vendors, purchase orders, and invoices, including vendor groups, purchase order agreements, and prepayment invoices. Automate payments with invoice matching, vendor invoice policies, workflow to automate the review process, and payment proposals, while handling defaults, partials, reversals, and settlements.

Create a purchase order in accounts payable by selecting a vendor, adding items, and specifying site, distribution, warehouse, quantity, and unit of measure, with pricing from trade agreements.

Learn the end-to-end workflow to generate a purchase order invoice: approve a purchase order, create a product receipt, generate and match the invoice, and post the vendor invoice.

Explore the accounts receivable module, managing customer accounts, sales orders, and invoices, then process payments via diverse methods such as credit cards, checks, and SEPA, including mandates and centralized payments.

Explore the accounts receivable module, create a sales order for Contoso Retail San Diego, populate header data, add line items, apply a manual 20% discount, compute net amount, and save.

Explore cash and bank management in Dynamics 365, covering letters of credit and guarantees, bank reconciliation, deposits, cash flow forecasting, and bank account setup.

Explore supply chain management and manufacturing concepts in D365 F&O; create a product and release it to a legal entity, then review unified manufacturing, production control, and production life cycle.

Explore how product information management underpins supply chain and manufacturing, detailing product definitions, categories, units of measure, and multilingual attributes, then cover procurement, warehousing, production control, and master planning.

Create and release a product in legal entities, configure storage and tracking dimension groups, set item model group and item group with the posting profile, and add to sales order.

Define units of measure as standard quantities for orders. Explain standard, intra-class, and inter-class conversions, including product-specific overrides and examples like pounds to kilograms.

Explore unified manufacturing and how production order, batch order, and kanban enable end-to-end processes across discrete, process, and lean manufacturing, guided by lean principles.

Discover production control essentials in manufacturing finance and operations, including bills of materials, resources, and routes and operations that define materials, quantities, and production flow.

Automate the production life cycle from creation through ended, managing production, batch, or kanban orders as they progress through created, estimated, scheduled, released, started, and finished.

Explore the Dynamics 365 core finance and operations, covering the application suite, SaaS model, finance, supply chain, and manufacturing concepts, plus security and workflow setup.

Explore related Dynamics 365 Finance and Operations courses to build a solid foundation. Delve into personalization versus customization, data management, batch jobs, lifecycle services, and Report Designer.