Training plan
Microsoft Dynamics 365 Finance Functional Consultant (MB-310T00)
Module 1: Configure chart of accounts in Dynamics 365 Finance
- Plan your chart of accounts
- Multiple chart of accounts
- Set up chart of accounts
- Main account categories
- Main account information
- Allocation terms
- Main account validation options
- Main account closing options
- Accounts for automatic transactions
- Define and configure financial dimensions
- Create a custom financial dimension
- Create an entity-backed financial dimension
- Activate and delete financial dimensions
- Default dimension values
- Derived dimensions
- Configure financial dimension templates and sets
- Define and configure account structures and advanced rules
Module 2: Explore general ledger in Microsoft Dynamics 365 Finance
- Identify charts of accounts
- Explore financial dimensions and dimension set concepts
- Explore periodic financial processes demo: Month end closing
Module 3: Configure ledger allocations and accruals in Dynamics 365 Finance
- Configure and apply accrual schemes
- Configure ledger allocation rules
Module 4: Create fiscal calendars, years, and periods in Dynamics 365 Finance
- Fiscal calendars, fiscal years, and periods
- Create fiscal calendars, years and periods
- Select a fiscal calendar
- Define budget cycle time spans
- Maintain periods for your organization
- Create date intervals
Module 5: Perform general ledger daily procedures in Dynamics 365 Finance
- Using balance control accounts
- Process a journal entry
- Work with general ledger processes
- Ledger settlements
- Create voucher templates
- Set up journal controls
Module 6: Configure ledgers and journals in Dynamics 365 Finance
- Understand the different types of journals and their setup
- Describe use cases for periodic journals
- Configure ledger and journal setup
- Describe options for implementing voucher numbers in journals
- Describe and configure journal approvals
- Configure and use journals
- Reverse journal posting
- Set up batch transfer rules
Module 7: Intercompany accounting in Dynamics 365 Finance
- Set up intercompany accounting
- Post intercompany journals
- Trace an intercompany entry
Module 8: Configure currencies in Dynamics 365 Finance
- Set up currencies and conversions
- Configure and import currency exchange rates
Module 9: Configure cash and bank management in Dynamics 365 Finance
- Understand bank transaction types and groups
- Set up cash and bank management parameters
- Set up the Single Euro Payments Area (SEPA) direct debit mandate
- Set up International Bank Account Number (IBAN) structures
- Configure banks and bank check layout
- Deposit and refund checks
- Understand cash flow forecast and reports
- Configure cash flow forecasting
Module 10: Configure accounts receivable in Dynamics 365 Finance
- Payment schedule
- Terms of payment and payment days
- Cash discounts
- Payment fees
- Set up the credit card payment service
- Methods of payment and payment control
- Set up a payment calendar and payment calendar rules
- Create and maintain customers
- Set up customer posting profiles
- Configure accounts receivable charges
Module 11: Configure electronic reporting in Dynamics 365 Finance
- Configure electronic reporting
- Use barcode data sources to generate bar code images
Module 12: Configure and perform periodic processes in Dynamics 365 Finance
- Set up the Financial period workspace and closing schedule
- Bank reconciliations
- Year-end 1099 reporting
- Run foreign currency revaluation processes
- Process end of year close
- Perform financial consolidations
Module 13: Configure taxes in Dynamics 365 Finance
- Configure ledger posting groups
- Configure sales tax authorities
- Configure sales tax settlement periods
- Create sales tax codes
- Configure sales tax groups and item sales tax groups
- Withholding tax
- Sales tax exemption
- Conditional sales tax
- Sales tax on transactions
- Set up sales tax reporting codes
- Prepare periodic filings
Module 14: Get started with cost accounting in Dynamics 365 Finance
- Configure the Cost control workspace
- Cost objects
- Work with the Cost accounting Get started wizard
- Set up cost accounting
Module 15: Configure and work with inventory management in Dynamics 365 Supply Chain Management
- Inbound operations
- Outbound operations
- Configure inventory dimensions
- Configure storage dimensions
- Configure tracking dimensions
- Configure serial and batch numbers
- Allocate batch and serial numbers
- Configure sites
- Configure warehouses
- Transfer orders
- Set up bar codes
- Set up default order settings
- Inventory journals
- Work with journals
- Inventory journal approval workflows
- Work with reason codes
- Work with consignment inventory
- Configure item groups and item model groups
- Inventory cost methodologies
- Configure inventory policies
- Inventory closing and adjustment
- Archive inventory transactions
- Work with reason codes for inventory counting
Module 16: Work with the costing sheet in Dynamics 365 Supply Chain Management
- Costing versions
- Cost groups
- Calculation groups
- Costing sheets
- BOM calculations
- BOM Measurements
- BOM Reports
Module 17: Configure Accounts payable in Dynamics 365 Finance
- Configure the payment schedule
- Configure terms of payment and payment days
- Configure cash discounts
- Set up payment fees
- Create vendor groups
- Set up accounts payable posting profiles
- Create vendors
- Set up methods of payment for vendors
- Configure accounts payable charges
- Configure and use positive pay
Module 18: Perform Accounts payable daily procedures in Dynamics 365 Finance
- Understand invoice types in Accounts payable
- Understand incoming invoice payments
- Record vendor invoices
- Modify due dates and discount dates
- Work with cash discounts from vendors
- Create vendor payments
- Reverse a vendor payment
- Manage prepayments and prepayment invoices
Module 19: Work with accounting distributions, invoice validations and settlements in Dynamics 365 Finance
- Settle transactions and undo settlements
- Distribute funds by using accounting distributions
- Configure invoice validation policies
- Three-way matching policies
- Accounts payable invoice matching
- Invoice totals matching
- Two-way, price totals matching
- Two-way, net unit price matching
- Three-way matching
- Vendor invoice workflow
- Charges matching
Module 20: Configure and manage vendor collaboration in Dynamics 365 Supply Chain Management
- Purchase order statuses with vendor collaboration
- Configure vendor collaboration
- Maintain vendor certification
- Set up vendor collaboration security roles
- Use the Vendor collaboration invoicing workspace
- Define purchase order response information
- Work with purchase orders when vendor collaboration is used
- Purchase order statuses and versions
- Sharing information about consignment inventory
- Work with request for quotes
- Purchase order confirmation workspace
- Accessing vendor master data in the Vendor information workspace
Module 21: Configure and manage the order to cash process in Dynamics 365 Supply Chain Management
- Sales and marketing overview
- Create and confirm sales quotations
- Create and process sales orders
- Sales order entry scenarios
- Sales order picking processes
- Configure order promising
- Configure order hold codes
- Process customer returns
- Sales order reservations
- Configure and use commissions
- Configure customer and item search
Module 22: Perform accounts receivable daily procedures in Dynamics 365 Finance
- Create free text invoices
- Recurring free text invoices
- Create and handle payments of customer invoices for sales orders
- Settle transactions and undo settlements
- Revenue recognition overview
- Define revenue schedules
- Define revenue prices
- Set up bundle items
Module 23: Configure and process postdated checks in Dynamics 365 Finance
- Set up postdated checks
- Process a postdated check
Module 24: Configure credit and collections in Dynamics 365 Finance
- Configure accounts receivables for credit and collections
- Configure credit and collections components
- Set up interest rates for an interest code
- Waive, reinstate, or reverse interest fees
- Set up and manage collection letters
Module 25: Process credit and collections in Dynamics 365 Finance
- Customer account statement
- Working with collections
- Manage customer credit and collections
- Credit management
Module 26: Get started with Expense management in Dynamics 365 Project Operations
- Plan expense management
- Intercompany expenses
- Financial management
- Per diems
- Journals and accounts
- Payment methods
- Taxes
- Policies
- Expense categories and shared categories
Module 27: Create and process expense reports in Dynamics 365 Project Operations
- Create an expense report
- Intercompany expenses
- Itemize expenses by line
- Distribute an expense
- Add guests
- Attach receipts and documents to an expense report
- Submit an expense report to a workflow
- Approve an expense report
- Delegate an expense report
- Post an expense report
- Reporting options
Module 28: Set up and configure Expense management in Dynamics 365 Project Operations
- Expense management workspace
- Expense management parameters
- Expense management workflows
- Expense report policies and per diem rules
- Evaluate policies by using Audit workbench cases
- Set up mileage expense options
- Intercompany expenses
- Personal expenses on an expense report
- Set up credit card transaction processing and import credit transactions
- Expense receipt processing
- VAT recovery
Module 29: Work with travel requisitions in Dynamics 365 Project Operations
- Create a travel requisition
- Approve a travel requisition
- Create a cash advance
- Update a cash advance
Module 30: Get started with work management in Dynamics 365 Project Operations
- Create and submit time entries
- Expense deployment models
- Basic expense entries
- Full expense deployment
Module 31: Configure fixed assets management in Dynamics 365 Finance
- Fixed assets and current assets
- Accounting for fixed assets
- Relationships between fixed assets components
- Configure fixed assets components
- Derived books
- Enable fixed asset integration
- Fixed asset transaction options
- Demonstration – Create a fixed asset
Module 32: Manage fixed assets in Dynamics 365 Finance
- Scenario – customer requirements for fixed assets
- Set up and create fixed assets
- Set up acquisitions
- Acquire assets through procurement
- Manual and automatic methods to create fixed assets
- Transfer a fixed asset
- Set up fixed asset groups
- Split a fixed asset
- Update fixed asset information
- Fixed assets roll forward report
- Depreciation
- Dispose and lend fixed assets
- Sell a fixed asset by using a free text invoice
- Dispose of fixed assets as scrap
- Estimate and eliminate a project to a fixed asset
- Asset budgeting
Module 33: Configure and use basic budgeting and budget control in Dynamics 365 Finance
- Planning for basic budgeting and budget control
- Budgeting methodologies
- Basic budgeting overview
- Configure basic budgeting
- Use workspaces and inquiry pages to track budget vs. actuals
- Budget control overview
- Configure budget control
- Configure budget control (cont.)
- Create and manage budget register entries
- Use inquires and reports for budget analysis
Module 34: Configure and use budget planning in Dynamics 365 Finance
- Configure budget planning components
Module 35: Work with analytics and reporting in finance and operations apps
- Understand different types of reports and inquiries
- Financial reporting
- Find inquiries and reports
- Generate and consume inquiries and reports
- Configure finance and operations apps for Microsoft Power Platform
Module 36: Get started with Dynamics 365 Supply Chain Management
- Benefits of Supply Chain Management
- Overview of Supply Chain Management
- Cost accounting
- Cost management
- Inventory management and Warehouse management
- Master planning
- Procurement and sourcing
- Vendor collaboration
- Sales and marketing
- Customer portal
- Product information management
- Production control
- Intercompany trade
- Warehouse management
- Transportation management
Module 37: Explore accounts payable and accounts receivable in Dynamics 365 Finance
- Explore core accounts payable components
- Explore vendor payments and settlements
- Explore core accounts receivable components
- Explore credit and collection processes
Microsoft Dynamics 365: Finance and Operations Apps Solution Architect (MB-700T00)
Module 1: Becoming a solution architect for Dynamics 365 and Microsoft Power Platform
- Existing product and platform skills
- Expectations of a solution architect
- Solution architect role during project phases
- Pillars of a great architecture
Module 2: Discover customer needs as a Solution Architect for Dynamics 365 and Microsoft Power Platform
- Initial customer discovery
- Customer discovery meetings
- Customer communication strategy
Module 3: Propose a solution as a Solution Architect for Microsoft Power Platform and Dynamics 365
- Identify solution components
- Develop and validate a demo
- Identify potential third-party components
- Recognize strengths and weaknesses in a solution
Module 4: Work with requirements for Microsoft Power Platform and Dynamics 365
- Lead requirement capture sessions
- Identify functional requirements
- Identify non-functional requirements
- Confirm and finalize requirements
Module 5: Perform fit gap analysis
- Determine feasibility of requirements
- Refine requirements from proof of concept insights
- Categorize business requirements and perform gap fit analysis
- Evaluate Dynamics 365 and Microsoft Power Platform apps
Module 6: Get started with Lifecycle Services for finance and operations apps
- Understand the functionality and tools of Lifecycle Services
- Lifecycle Services security
- Reuse existing assets, copy, and share data
- Perform actions in the Asset library
- Work with the Task recorder
- Business process modeler (BPM)
- Issue search and support
- Get product updates from Lifecycle Services
Module 7: Design and plan an implementation of finance and operations apps
- Use implementation methodologies for a successful implementation
- Cloud implementation – analysis
- Cloud implementation – design and develop
- Cloud implementation – test
- Cloud implementation – deploy and operate
- On-premises implementation – analysis
- On-premises implementation – design and develop
- On-premises implementation – test, deploy, and operate
- Gathering and analyzing the requirements
- Create functional design documents (FDD)
Module 8: Translate Dynamics 365 apps and documentation with Dynamics 365 Translation Service
- Access Dynamics 365 Translation Service
- Types of requests
- Reuse translations (recycling)
- Custom-trained machine translation system
Module 9: Prepare data for migration to finance and operations apps
- Select a data integration (import/export) strategy
- Common migration scenarios and tools
- Bring your own database (BYOD)
- Test a data migration and validate output
Module 10: Work with data management in finance and operations apps
- Data management concepts
- Use data entities for data management and integration
- Work with the Data management workspace
- Using Standard and Enhanced views for tiles
- Use templates in data management
- Export, import, and copy data into a legal entity
- Database movement operations
- Data sharing framework
Module 11: Perform user acceptance testing in finance and operations apps
- Create user acceptance test libraries
- Record test cases and save to BPM
- Synchronize and configure your test plan in Azure DevOps
- Run user acceptance tests
- Data task automation
Module 12: Get started with a finance and operations implementation project
- Roles in a Dynamics 365 implementation
- Project phases
- Implementation planning and architecture
- Combining tools and solutions for impactful implementations
Module 13: FastTrack Customer Success Program for finance and operations
- FastTrack engagement across the phases
- Solution blueprint review
- Become a FastTrack recognized solution architect
Module 14: Implement application lifecycle management in finance and operations aALM methodologies
- Design and create models
- Plan the build, test, and quality control processes
- Plan the release, change, and risk management processespps
Module 15: Explore extensions and the extension framework in finance and operations apps
- Customization models
- Extension points for frameworks
- Develop code to extend a framework
- Implement the SysOperationSandbox framework
Module 16: Consume business events in finance and operations apps
- Business event framework
- Create a new business event
- Activate business events
- Role-based security for business events
- Business events in Microsoft Power Automate
Module 17: Identify data integration patterns and scenarios in finance and operations apps
- Select an integration API
- Synchronous and asynchronous patterns
- Data integration scenarios
Module 18: Data integrations with finance and operations apps
- Set up a data project and recurring data job
- Implement authorization to support integration
- Monitor status and availability of entities
- Develop data transformation
- Microsoft Dataverse integrations
- Work with composite data entities
- Azure Data Lake and Entity Store
- Change data in Azure Data Lake
- Power Platform convergence
Module 19: Work with analytics and reporting in finance and operations apps
- Understand different types of reports and inquiries
- Financial reporting
- Find inquiries and reports
- Generate and consume inquiries and reports
- Configure finance and operations apps for Microsoft Power Platform
Module 20: Describe the business value of the Microsoft Power Platform
- Explore Microsoft Power Platform
- Describe the business value of the Power Platform
- Explore connectors and Microsoft Dataverse
- Describe how Power Platform works with Microsoft 365 apps and services
- Explore how Power Platform works with Microsoft Teams
- Describe how Power Platform works with Microsoft Dynamics 365 apps
- Describe how Power Platform solutions consume Microsoft Azure services
- Explore how Microsoft Power Platform apps work together
Module 21: Identify foundational components of Microsoft Power Platform
- Describe Power Platform administration
- Describe Power Platform security and governance
- Explore Microsoft Dataverse
- Examine Power Platform connectors
- Exercise – Build a basic Dataverse data model
Module 22: Design and build mobile apps for finance and operations apps
- Overview of the Dynamics 365 Unified
- Operations mobile app
- Page design guidelines
- Action design guidelines
- Form design requirements
- Design considerations
- Understand use cases for mobile apps
- Get the Dynamics 365 Unified
- Operations mobile app
Module 23: Updates and upgrades for finance and operations apps
- Upgrade from finance and operations version 7.x to version 10
- Update from finance and operations version 8.x to version 10.0.x
- Data upgrade
- Upgrade from AX 2012
- Migrate from AX 2009
Module 24: Work with performance and monitoring tools in finance and operations apps
- Diagnose performance issues by using Trace parser
- Load testing by using the Performance SDK
- Monitor performance by using SQL Insights
- Create a SQL trace by using the SQL Profiler
- Monitor server health metrics in Lifecycle Services
- Exercise – Use the Environment monitoring tool in Lifecycle Services
Module 25: Plan and implement security in finance and operations apps
- Understand the security architecture
- Encryption in finance and operations apps
- Manage users and security
- Set up and apply segregation of duties
- Run security reports
- Stay compliant with user licensing requirements
- Security diagnostics for task recordings
- Extensible data security policies
Module 26: Implement role-based security in finance and operations apps
- Create and modify duties, privileges, and permissions
- Enforce permissions policy
- Extensible data security framework
- Apply security permissions
Module 27: Prepare to go-live with finance and operations apps
- Understand the go-live process
- Complete the Lifecycle Services methodology
- Perform user acceptance testing (UAT) for your solution
- FastTrack go-live assessment
- Request a production environment
Module 28: Feature management in finance and operations apps
- Feature management workspace
- Feature states
- Enable a feature
- Reschedule a feature
- Disable a feature
- Features that must be enabled
- Enable all features
- Check for updates
- Assign roles
- Features that use configuration keys
- Data entities
Module 29: Get started with Success by Design for Dynamics 365
- Overview of Success by Design
- Reasons to use Success by Design
- Success by Design phases
- Implement Success by Design
- Track Success by Design activities and progress
Module 30: Create a solution blueprint for Dynamics 365 solutions
- Solution blueprint review workshop overview
- Prepare for the Solution blueprint review
- Solution blueprint review participants
- Conduct the Solution blueprint review workshop
- Solution blueprint follow-up
Module 31: Plan a testing strategy for your Dynamics 365 solution
- Overview of the Test strategy review workshop
- Prepare for the workshop
- Workshop implementation and follow-up
Module 32: Design data models for Dynamics 365 solutions
- Entity relationship diagram
- Out-of-the-box vs. custom tables
- Table configuration
Module 33: Business intelligence and analytics design for Dynamics 365 solutions
- Business intelligence and analytics design workshop overview
- Prepare for the Business intelligence and analytics design workshop
- Conduct the Business intelligence and analytics design workshop
- Business intelligence and analytics design follow-up
Module 34: Gap solution design for Dynamics 365 solutions
- Gap solution design workshop overview
- Prepare for the Gap solution design workshop
- Conduct the Gap solution design workshop
- Gap solution design follow-up
Module 35: Create a data migration strategy for Dynamics 365 solutions
- Data migration strategy overview
- Prepare for the Data migration workshop
- Conduct the Data migration strategy workshop
Module 36: Review the security model for your Dynamics 365 solutions
- Security workshop topics
Module 37: Integration design for Dynamics 365 solutions
- Integration design review workshop overview
- Prepare for the Integration design review
- Conduct the Integration design review
- Integration design review workshop follow-up
Module 38: Dual-write implementation for Dynamics 365 solutions
- Dual-write implementation workshop overview
- Prepare for the workshop
- Workshop implementation and follow-up
Module 39: Implement a performance strategy for Dynamics 365 solutions
- Solution performance workshop topics
- Define performance benchmarks and success criteria
- Timing of the Solution performance review
- Prepare for the workshop
- Workshop implementation and follow-up
Module 40: Cutover strategy for Dynamics 365 solutions
- Purpose of the Cutover strategy workshop
- Timing of the Cutover strategy review
- Cutover strategy workshop overview
- Prepare for the workshop
- Workshop implementation and follow-up
Module 41: Post go-live strategy for Dynamics 365 solutions
- Timing of the Post go-live workshop
- Post go-live workshop overview
- Prepare for the workshop
- Post go-live workshop implementation and follow up
Module 42: Get started with configuration and personalization in Finance and Operations apps
- Set up your environment
- Explore personalization functionality
Module 43: Configure your user interface in Finance and Operations apps
- Manage menus: Favorites
- Manage menus: Dashboards by role
- Manage menus: Key performance indicators
- Manage forms: Fields
- Manage forms: Filters and ranges
- Configure reports
Module 44: Configure your data in Finance and Operations apps
- Create entities
- Manage security
- Integrate with Microsoft Office
Recommended Prerequisite Knowledge
- General knowledge of Microsoft Windows
- The ability to use Dynamics 365 for Finance and Operations for basic processing and navigation
- Experience being a functional or technical consultant who has used Dynamics Finance Apps to gather and analyze business requirements
- General knowledge of basic mobile device features and navigation
- The student should be able to take a synchronous, virtual course and communicate feedback in a positive, constructive manner
- Basic accounting skills
- Core competencies in Dynamics 365 Core
Credentials and certification
Exams features
- Codes: MB-310 and MB-700
- Titles: Microsoft Dynamics 365 Finance Functional Consultant and Microsoft Dynamics 365: Finance and Operations Apps Solution Architect
- Duration: 120 minutes each
- Number of Questions: 40 to 60
- Question Format: Multiple choice, multiple response, scenario-based
- Passing Score: 700 out of 1000
- Cost: $0 (included in your training)
Exams topics
- Set up and configure financial management
- Implement accounts receivable, credit, collections, and revenue recognition
- Implement and manage accounts payable and expenses
- Manage budgeting
- Manage fixed assets
- Architect solutions
- Define solution strategies
- Manage implementations
- Manage testing