AB-6002: Introduction to Finance in Dynamics 365 Training

Overview

Dynamics 365 Finance is driving leading organizations like Tesla, SpaceX, HP, and Microsoft.   Learn why:  Copilot automation, AI forecasting, and intelligent collections. Hands-on labs cover financial reporting, budgeting, AP/AR, and integration with Microsoft 365 and Power Platform. Learn to optimize operations through business events, and  electronic reporting.

Audience Profile:

• Finance professionals new to Dynamics 365 Finance
• Business users involved in finance operations
• ERP beginners who need a foundational understanding of Dynamics 365 Finance
• Functional consultants preparing for deeper Dynamics 365 Finance learning
• Students or business analysts learning Microsoft cloud ERP concepts

Introduction to Dynamics 365 Finance ERP using AI to enhance your business

Module 1: Describe Dynamics 365 Finance and Operations Apps

Topics

• Explain enterprise resource planning concepts
• Describe the role of Dynamics 365 Finance in modern ERP
• Identify finance and operations app capabilities
• Explore the Dynamics 365 Finance user interface
• Use personalization, workspaces, filters, views, and dashboards
• Describe AI and Copilot use cases in finance and operations apps

Support Statements

• Learners are introduced to the role of ERP systems in connecting financial, operational, and organizational processes.
• The module helps users understand how Dynamics 365 Finance supports daily finance operations through navigation, workspaces, and configurable user experiences.
• Microsoft’s lab materials include a personalization lab where learners create a filtered view for customers on hold and add it to a workspace.

Lab

Lab 1: Personalize your workspace
Students create a filtered view, save it, add it to a workspace, and pin it to the dashboard.

Module 2: Describe Reporting and Integration Capabilities in Dynamics 365 Finance and Operations Apps

Topics

• Describe built-in reporting capabilities
• Analyze finance data with Power BI
• Explain Microsoft 365 integration scenarios
• Describe Power Platform integration options
• Use business events to connect Finance with external processes
• Describe electronic reporting and business document management
• Explain Finance insights for forecasting and anomaly detection

Support Statements

• Learners examine how finance users can access operational data through built-in reports, inquiries, dashboards, and analytics.
• The module introduces Power BI and Microsoft 365 integration as practical ways to extend financial visibility and collaboration.
• Students learn how Power Platform and business events can automate finance workflows and connect Dynamics 365 Finance to broader business processes.

Module 3: Describe Shared Features in Dynamics 365 Finance and Operations Apps

Topics

• Describe security capabilities
• Explain role-based access and duties
• Describe workflow capabilities
• Understand batch jobs and background processing
• Manage organizations and legal entities
• Create and maintain record templates
• Describe the global address book
• Set up alerts
• Describe number sequences
• Use attachments and document handling

Support Statements

• This module introduces shared platform features that apply across Dynamics 365 Finance and other finance and operations apps.
• Learners see how security, workflows, alerts, number sequences, and legal entities support governance and consistent operations.
• The module prepares users to understand the system foundation before working with finance-specific processes.

Module 4: Describe Dynamics 365 Finance Core Capabilities

Topics

• Describe Dynamics 365 Finance capabilities and features
• Explain reporting currency and accounting currency concepts
• Describe tax capabilities
• Understand cost accounting concepts
• Describe electronic payment formats
• Explain how global finance operations are supported

Support Statements

• Learners explore the core capabilities that make Dynamics 365 Finance suitable for financial management across multiple organizations, currencies, and jurisdictions.
• The module introduces foundational concepts for tax, cost accounting, currency, and payment processing.
• Students begin connecting finance configuration concepts to business outcomes such as compliance, reporting accuracy, and financial control.

Module 5: Describe General Ledger and Cash and Bank Management Processes in Dynamics 365 Finance

Topics

• Define fiscal calendars and ledger calendars
• Describe charts of accounts and main accounts
• Explain financial dimensions and dimension sets
• Describe accounting structures
• Create and understand financial journals
• Describe financial reporting capabilities
• Explain cash and bank management
• Describe allocations and accruals
• Describe payment setup

Support Statements

• Learners build foundational understanding of the general ledger and how transactions are recorded, posted, and reviewed.
• The module explains how accounts, dimensions, fiscal periods, and journals work together to support financial reporting.
• Microsoft’s lab materials include a journal lab where learners create, post, and review a general journal transaction in Dynamics 365 Finance.

Lab

Lab 2: Create and post a journal
Students create a general journal, post the transaction, and review voucher transactions or accounting source explorer results.

Module 6: Describe Accounts Payable, Accounts Receivable, and Credit and Collections

Topics

• Describe core accounts payable components
• Explain vendor posting profiles
• Create and process vendor invoices
• Describe vendor payments and settlements
• Describe core accounts receivable components
• Explain customer and vendor netting
• Describe credit management processes
• Explain collections processes
• Describe subscription billing concepts

Support Statements

• Learners understand how Dynamics 365 Finance supports vendor, customer, payment, settlement, credit, and collections processes.
• The module connects finance concepts to practical day-to-day tasks such as invoice entry, payment proposal creation, and transaction settlement.
• Microsoft’s lab materials include an accounts payable lab where learners create and post a vendor invoice, create a vendor payment, and review open and settled transactions.

Lab

Lab 3: Create and pay an accounts payable invoice
Students create an AP invoice journal, post the invoice, create a vendor payment journal, generate a payment proposal, and review vendor balances and settlements.

Module 7: Describe Expense Management, Fixed Asset Management, and Budgeting

Topics

• Describe expense management capabilities
• Explain fixed asset management concepts
• Describe budgeting concepts
• Create budget register entries
• Approve and update budget balances
• Run budget-to-actual reports
• Interpret budget variance results
• Describe project accounting at a high level

Support Statements

• Learners are introduced to planning, control, and monitoring processes used by finance teams.
• The module explains how budgeting helps organizations compare planned financial performance against actual results.
• Microsoft’s lab materials include a budgeting lab where learners create budget register entries, update budget balances, and run an actual-vs-budget report.

Lab

Lab 4: Create budget register entries and approve them
Students enter budget lines, update budget balances, and review actual-vs-budget results to understand variance analysis.

Hands-On Labs (Integrated Across Modules)

• Navigating workspaces and securing financial roles

• Posting journal entries, managing AP/AR transactions, and budgets

• Building reports, automating workflows, and leveraging Copilot insights