Microsoft AB-6002 - Introduction to Finance in Dynamics 365

What you’ll learn

After completing this course, students will be able to:

• Describe enterprise resource planning (ERP)

• Describe use cases for using AI tools in finance and operations apps, including Copilot and agent capabilities

• Navigate efficiently within and across finance and operations apps

• Describe built-in reporting capabilities

• Describe options for analysing data by using Power BI

• Describe Microsoft Office 365 integration capabilities

• Describe integration capabilities with Microsoft Power Platform

• Describe use cases and capabilities for business events

• Describe configurable business documents, including Electronic reporting

• Describe how Finance insights supports forecasting and anomaly detection

• Describe security capabilities of finance and operations apps

• Describe workflow capabilities of finance and operations apps

• Describe the concept of batch jobs

• Describe organisation and legal entities

• Create and maintain record templates

• Describe global address book features and their use cases

• Describe alerts and number sequences

• Describe attachment capabilities

• Describe Finance capabilities, features, and use cases

• Describe reporting currency and accounting currency

• Describe Dynamics 365 Finance tax capabilities

• Describe cost accounting concepts

• Describe electronic payment formats

• Describe charts of accounts, including main accounts

• Describe financial dimensions, dimension sets, and financial tags concepts

• Describe the accounting structure

• Describe financial journal concepts

• Describe Financial reporting capabilities

• Describe cash and bank management concepts

• Describe use cases for allocations and accruals

• Describe periodic financial processes

• Describe payment setup

• Describe core accounts payable components, including vendors, purchase orders, and vendor invoices

• Describe posting profiles and how they work with account (and offset account) dimensions in journals

• Describe vendor payments and settlements, including three-way matching concepts

• Describe core accounts receivable components, including customers, customer invoices, and free text invoices

• Describe customer/vendor netting

• Describe credit management processes

• Describe the collection process

• Describe the concept of subscription billing

• Describe expense management, fixed asset management and budgeting capabilities

• Describe project management and accounting capabilities

Microsoft Dynamics 365 at Lumify Work

Lumify Work has been delivering effective training across all Microsoft products for over 30 years. We are proud to be both Australia's and New Zealand’s first Microsoft Gold Learning Solutions Partner and the winner of the Microsoft MCT Superstars Award for FY24, which formally recognises us as having the highest quality Microsoft Certified Trainers (MCTs) in ANZ. All Lumify Work Microsoft Dynamics 365 courses follow Microsoft Official Curriculum (MOC) and are led by MCTs.

View all Microsoft Dynamics 365 at Lumify Work courses

Who is the course for?

This course is designed for finance professionals, business users, and ERP beginners who want to learn the fundamentals of Microsoft Dynamics 365 Finance.

Prerequisites

This course is ideal for those with little to no prior experience; it focuses on building foundational skills for managing core financial processes and system navigation.

Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.