545 Ratings
803 Participants
Group Discount
Upto 20% OFF
24*7 Assistance
Hands-on Training Experience
Microsoft Certified Trainers
Microsoft Official Curriculum
MB-310T00: Microsoft Dynamics 365 Finance - Course Overview
The MB-310T00: Microsoft Dynamics 365 Finance is a 04 days (32 hours) course that will help you in understanding and developing the skills for effective implementation of Dynamics 365 Finance tools. The course assists you with the tools used for the configuration and implementation of the financial components involved in the platform. The concepts cover main topics of essential financial components like accounts payable, accounts receivable, collections and fixed assets.
Learners and professional will gain essential knowledge to prepare budgets at the organization and ensure smooth business operations. The course will prepare you for MB-310 Microsoft Dynamics 365 Finance exam. After completion of the exam, you will gain Microsoft Dynamics 365 Finance certification.
Course Curriculum
Target Audience
Functional consultants responsible for:
- Capturing requirements
- Performing discovery
- Engaging subject matter experts, and
- Configuring solutions and applications
Course Objectives
After completing the course, professionals will understand and perform the various types of financial duties in Dynamics 365 Finance:
- Configure charts and ledgers in Dynamic 365 Finance
- Work with analytics in finance
- Reporting in finance and operations applications.
- Set up journals and ledgers in Dynamic 365 Finance
- Configure accounts receivable in Dynamic 365 Finance
- Configure Accounts and process credit collections
- Perform accounts payable daily procedures and intercompany accounting
- Create fiscal calendars, and accounts
- Configure currencies and work with account distributions
Pre-requisites
- The professionals enrolling for this course need basic understanding and skills of accounting.
- The professionals should have core competencies in Dynamics 365 Core.
About Related Certification - Microsoft Certified Dynamics 365 Finance Functional Consultant Associate
Microsoft Certified Dynamics 365 Finance Functional Consultant Associate certification validates your knowledge in finance-related concepts. It is good for people working in finance departments, looking for challenging responsibilities ahead.
You should qualify MB-300T00 and MB-310T00 examinations to earn this certification.
Training Options
ONLINE TRAINING
Virtual Instructor-Led Session
- Instructor-led Online Training
- Experienced Subject Matter Experts
- Approved and Quality Ensured Training Material
- 24*7 Leaner Assistance And Support
CORPORATE TRAINING
Customized to your team's need
- Customized Training According to Requirements
- Instructor-Led Skill Development Program
- Ensure Maximum ROI for Corporates
- 24*7 Learner Assistance and Support
Course Outline
- The benefits of Dynamics 365 Finance
- An overview of features in Finance
- Lab: Explore Dynamics 365 Finance
- Different types of currencies in Finance
- The concept of triangulation currency
- How to set up legal entity currencies and conversions
- How to configure exchange rate providers
- How to import exchange rates from providers
- Lab: Import exchange rates
- Differentiate between the ledger and fiscal calendars
- Configure and set up fiscal calendars, years, and periods
- Create and use date intervals
- Lab: Work with the fiscal calendar, year, and periods
- Identify the required components for a chart of accounts
- Define and configure the chart of accounts
- Define and configure the financial dimensions and dimension sets
- Configure chart of accounts, main accounts, categories, templates, ledger account alias, and balance control
- Configure account structures and advanced rules
- Lab: Create a main account category in the chart of accounts, and an advanced rule structure
- Different types of journals and their setup
- How to configure the ledger and posting setup
- How to configure and use journals
- How to reverse journal posting
- How to set up batch transfer rules
- Lab: Configure ledger and journal setup
- General ledger processes
- Balance control accounts
- Journal controls
- Voucher templates
- Ledger settlements
- Lab: Create and use a voucher template
- Set up intercompany accounting
- Use intercompany accounting to post journals between two different legal entities
- Lab: Set up and use intercompany accounting
- Configure and use accruals
- Configure and use allocations
- Lab: Configure and use accrual schemes
- Lab: Configure and test ledger allocation rules
- Configure financial period close
- Reconcile banks
- Perform periodic closing and year-closing processes
- Prepare periodic filings
- Configure and work with vendor 1099 processes
- Run foreign currency revaluation processes
- Perform financial consolidation and elimination processes
- Process end-of-year tax reporting
- Lab: Perform year-end close and a consolidation
- Different types of reports and inquiries in finance and operations apps
- Financial reporting
- Configuring finance and operations apps for Microsoft Power Platform
- Generating and consuming inquiries and reports
- Lab: Work with reports
- Create and configure banks
- Create and configure bank layouts
- Configure cash and bank management parameters
- Set up vendor and customer banks
- Configure cash flow forecasts and reports
- Lab: Work with cash and bank management
- Learn about regional tax reporting capabilities.
- Configure tax components
- Lab: Set up ledger posting groups for sales tax
- Lab: Set up sales tax authorities
- Lab: Set up sales tax settlement periods
- Lab: Set up sales tax codes and sales tax groups
- Lab: Set up sales tax reporting codes and withholding tax
- Lab: View posted sales tax transactions
- Configure Accounts receivable components
- Create and maintain a customer
- Configure customer payments
- Set up payment calendars and calendar rules
- Set up customer posting profiles
- Configure accounts receivable charges
- Lab: Configure customer posting profiles and create a new customer
- Create free text invoices and record customer payments
- Distribute funds by using accounting distributions
- Configure recurring invoices
- Use reversals in Accounts receivable
- Understand revenue recognition
- Lab: Create and process a free text invoice
- Lab: Work with invoices from sales orders
- Lab: Process an invoice and settle it against a payment
- Configure credit and collections components
- Configure aging reports, customer pools, collection agents, and aging period definitions
- Set up and manage interests
- Set up and manage collection letters
- Lab: Set up credit and collections in Finance
- Lab: Create a write-off journal for a customer
- How to use customer account statements
- How to process collections
- How to use the credit management feature
- Lab: Work with credit and collections
- Configure accounts payable components
- Create and maintain a vendor
- Configure vendor payments
- Set up vendor posting profiles
- Configure accounts payable charges
- Lab: Configure accounts payable components
- Record invoices and process payments
- Manage and apply prepayments
- Lab: Record an invoice
- Lab: Record a vendor invoice that is not associated with a purchase order
- Lab: Process a vendor payment by using a payment journal
- Settle transactions and undo settlements
- Distribute funds by using accounting distributions
- Configure invoice validation policies
- Lab: Work with accounting distributions, invoice validations, and settlements
- Learn about Expense management capabilities
- Discover Expense management features
- Review considerations for planning to use the Expense management module in Project Operations
- Discover the Expense management workspace
- Learn how to turn on the Expense reports re-imagined feature
- Review the Expense management parameters
- Learn about workflow functionality for expense management
- Set up expense policies, and evaluate policies using the Audit workbench
- Set up mileage expense options
- Set up credit card transaction processing and import credit transactions
- Review expense report policies and per diem rules
- Create and maintain an expense report
- Learn about intercompany expenses
- Learn how to post, approve, and delegate expense reports
- Discover reporting options for expense management
- Lab: Create an expense report and submit it to a workflow
- Create a travel requisition
- Review travel requisition options
- Learn about the travel requisition approval process
- Lab: Create a travel requisition
- Configure basic budgeting components
- Configure budget control components
- Use inquiries and reports
- Create and manage budget register entries
- Lab: Configure basic budgeting components
- Lab: Configure budget control components
- Lab: Create a budget register entry
- Configure budget planning components
- Lab: Configure budget planning, create and use a planning process
- Configure fixed assets components
- Configure fixed assets parameters
- Enable fixed assets integration with purchasing
- Create fixed assets
- Lab: Work with fixed assets
- Perform fixed asset acquisition
- Perform fixed asset depreciation
- Perform fixed asset disposal
- Lab: Manage fixed assets
Course Reviews
Ankush Prajapati
Consultant
Benjamin Cruz
Senior Admin Consultant
FAQ's
The MB-310T00 is a four-day expert led course that will help you in understanding and developing the skills for effective implementation of Dynamics 365 Finance tools.
The learners enrolling for the course should have basic accounting skill and core competency in Dynamics 365 Core.
Vinsys provides assistance before and after competition of the course. The learners can gain future career guidance as well as assistance in selecting related course and gaining certifications.
The course is of four days duration.
Yes, you will get the course material.
Yes, you can cancel the course 48 priors to the day of your sessions.
You can choose from convenient training options, including instructor-led training (vILT), instructor-led training (ILT), private group training, and more.
The Microsoft Certified Dynamics 365 Finance Functional Consultant Associate. The certification is good to excel in accounting career.
You need to clear the MB-310T00: Microsoft Dynamics 365 Finance exam to get the certification.
The MB-310T00 is a multiple-choice scenario-based examination that includes 40-60 questions. The exam code is MB-310.
You will have to get at least 700 out of 1000 points to crack the MB-310T00 exam.
You can take the MB-320T00 certification in English, Chinese (Simplified), Japanese, German, French, Spanish, and Korean language.
Yes, MB-310T00 is worth your time and effort. The course will provide you with the knowledge that will be useful in clearly the certification exam. The course will improve your knowledge and skill application of Dynamics 365 Finance in your organization.
MB-240T00: Microsoft Dynamics 365 Field Service