MB-310 Finance | D365FO | On-demand course

This on-demand course is aimed at consultants and other professionals who want to build or strengthen their knowledge of Microsoft Dynamics 365 Finance.

Through a combination of video-based learning and practical activities, the course provides a structured introduction to key finance processes and functionality in Dynamics 365.

What’s involved?

In this course, you will learn about key areas of Dynamics 365 Finance, including:
- General ledger
- Accounts payable
- Accounts receivable
- Cash and bank management
- Budgeting
- Fixed assets
The course combines explanations of the underlying concepts with practical examples and activities in Dynamics 365 Finance.

Why choose AXcademy?

Our flexible virtual learning environment enables you to learn online in your own time, in your own place wherever you might be.
We show you how to get access to a complete working free-of-charge D365FO training environment/sandbox/VM – so you can work hands-on with our practices and follow our demonstrations.
We’re specialists in Microsoft Dynamics 365 for Finance & Operations and AX; since we focus solely on these products, our training is comprehensive and kept up-to-date with the latest updates.
Our expert trainers have decades of experience both teaching and working with Microsoft Dynamics in the real world; they understand the challenges businesses face.
Because life and business is not just about passing exams, we’ll give you the knowledge and skills you can apply in real-life scenarios after you have finished the course.

On-demand Course

Testimonials

Finn is an excellent instructor - always willing to listen, answer questions and point out "good, better, best". He uses humour to bring the class to life and is very good at reading body language and ensuring the holistic needs of the students are met.

JEZ NEWTONHEWLETT, JNH CONSULTING LTD MB-330

Steen has been very resourceful and exhaustive when it comes to the examples and knowledge of AX. It is very apparent that he has broad knowledge and experience.

BHARAT BAMBHANIYAMICROSOFT AX 2012 DEVELOPMENT COURSE PARTICIPANT

I wasn't able to attend the live session, but just watched to video recording. That was an action packed, pitch-perfect session. You covered a lot of good material and made a nice intro of the on demand courses. Job well done, sir.

Gerald McGonigleIndependent Consultant - ERP Business Analyst

Course content

Course Content

Study Guide (Start here)

Module Content

0% Complete 0/5 Steps

Course system – user interface and navigation

Learning style guidance

Test your knowledge

Hands-on training environment

Why Some Videos Don’t Play in Full Length

0: Course overview

Module Content

0% Complete 0/1 Steps

Introduction (MB-310L0.1.1)

Module Content

0% Complete 0/1 Steps

Module overview (MB-310L0.2.1)

Module Content

0% Complete 0/1 Steps

What is Finance (Video 4 min)

1: Overview of Dynamics 365 Finance

Module Content

0% Complete 0/9 Steps

Trial balance – first look (Video 11 min)

D365 Finance – Basics (Video 50 min)

Financial management in Dynamics 365 Finance apps (MB-310L1.1.1)

Enhance your financial decision making with AI (MB-310L1.1.2)

Unify and automate your financial processes (MB-310L1.1.3)

Reduce operational expenses (MB-310L1.1.4)

Accelerate your business growth (MB-310L1.1.5)

Decrease global financial complexity and risk (MB-310L1.1.6)

Elevate your financial performance (MB-310L1.1.7)

Module Content

0% Complete 0/2 Steps

Microsoft ecosystem supporting modern finance by using Dynamics 365 Finance (MB-310L1.2.1)

Dynamics 365 provides the foundation to optimize finance (MB-310L1.2.2)

Module Content

0% Complete 0/12 Steps

Introduction (MB-310L1.3.0)

Financial management Overview (MB-310L1.3.1)

General ledger Overview (MB-310L1.3.2)

Cash and bank management (MB-310L1.3.3)

Configure, collect, and process tax (MB-310L1.3.4)

Accounts payable (MB-310L1.3.5)

Accounts receivable (MB-310L1.3.6)

Credit and collections (MB-310L1.3.7)

Budgeting (MB-310L1.3.8)

Fixed assets (MB-310L1.3.9)

Cost accounting (MB-310L1.3.10)

Introduction to Subledgers (Video 3 min)

Module Content

0% Complete 0/1 Steps

Foundational accounting and finance (MB-310L1.4.1)

2: Set up and configure financial management

Module Content

0% Complete 0/2 Steps

Introduction (MB-310L2.0.1)

The Building blocks demo (Video 9 min – MB-310L2.0.2)

Module Content

0% Complete 0/4 Steps

Overview (MB-310L2.1.1)

Number sequences (MB-310L2.1.2)

Create organization hierarchies (MB-310L2.1.2)

Scenario (MB-310L2.1.3)

Module Content

0% Complete 0/3 Steps

General Ledger Configuration (Video 51 min)

Ledger

Ledger form (MB-310L2.4.2)

Module Content

0% Complete 0/14 Steps

Chart Of Accounts (Video 32 min)

Define and configure the Chart of accounts (MB-310L2.3.1)

Plan the chart of accounts (MB-310L2.3.2)

Considerations when planning for a chart of accounts (MB-310L2.3.3)

Define and configure the chart of accounts (MB-310L2.3.4)

Main Account Information (MB-310L2.3.5)

Ledger account alias (MB-310L2.3.6)

Allocation Terms (MB-310L2.3.7)

Accounts for Automatic Transactions (MB-310L2.3.8)

Financial dimensions (MB-310L2.3.9)

Add a new business unit (Video 4 min)

Financial Dimension Sets (MB-310L2.3.10)

Account structures and Advanced rules (MB-310L2.3.11)

Exercises: Chart of accounts, financial dimensions, and account structures (MB-310.L.2.3.E)

Module Content

0% Complete 0/4 Steps

Overview: Fiscal calendars, years, and periods (MB-310L2.4.1)

Fiscal calendars, fiscal years, and periods (MB-310L2.4.2)

Date intervals (MB-310L2.4.3)

Exercises: Fiscal calendars, years, and periods (MB-310.L.2.4.E)

Module Content

0% Complete 0/7 Steps

Currencies (Video 16 min)

Currencies (MB-310L2.5.1)

Accounting and Reporting Currencies (MB310L2.5.2)

Dual currency (MB-310L2.5.3)

Configure Exchange rate types (MB-310L2.5.4)

Import Exchange rates (MB-310L2.5.5)

Exercises: Currencies and exchange rates (MB-310.L.2.5.E)

Module Content

0% Complete 0/5 Steps

General Ledger Journals – part 1 (Video 36 min)

What is a journal (MB-310L2.6.1)

Journal types (MB-310L2.6.2)

Configure Journal names (MB-310L2.6.3)

Exercises: Configuring journals (MB-310.L.2.6.E)

Module Content

0% Complete 0/6 Steps

Batch transfer rules (MB-310L2.7.1)

View journal entries and transactions (MB-310L2.7.2)

Journal daily procedures and tools (MB-310L2.7.3)

Posting journals (MB-310L2.7.4)

Exercises: Working with journals (MB-310L.2.7.E)

General Ledger Journals – part 2 (Video 1h35min)

Module Content

0% Complete 0/4 Steps

Allocation terms (MB-310L2.8.1)

Ledger allocation rules (MB-310L2.8.2)

Accrual schemes (MB-310L2.8.3)

Exercises: Allocations and accruals (MB-310.L.2.8.E)

Module Content

0% Complete 0/4 Steps

Set up intercompany accounting (MB-310L2.9.1)

Post intercompany transactions in journals (MB-310L2.9.2)

Trace an intercompany entry (MB-310L2.9.3)

Exercises: Intercompany accounting (MB-310.L.2.9.E)

Module Content

0% Complete 0/8 Steps

Configure cash and bank management (MB-310L2.10.1)

Transaction types and Transaction groups

Exercises: Configure Cash and Bank management (MB-310L.2.10.E)

Module Content

0% Complete 0/3 Steps

The Bank management workspace

Daily bank management

Exercises: Cash and Bank processes (MB-310L.2.11.E)

Module Content

0% Complete 0/4 Steps

Configure cash flow forecasting

Calculate cash flow

Reporting

Exercises: Configure and calculate Cash flow (MB-310L.2.12.E)

Module Content

0% Complete 0/1 Steps

Cost accounting and cost management overview

Module Content

0% Complete 0/8 Steps

2.14.1: Financial period close workspace and configuration page

2.14.2: Close the general ledger at period end

2.14.3: Financial reports

2.14.4: Bank reconciliation

2.14.5: Foreign currency revaluation

2.14.6: Perform financial consolidations

Exercises: Perform periodic processes (MB-310.L.2.14.E)

Exercises: Perform periodic processes (MB-310L.2.14.E)

Module Content

0% Complete 0/2 Steps

2.15.1: Sales Tax

Exercises: Configure, collect, and report taxes (MB-310L.2.15.E)

3: Implement and manage shared configuration for AP and AR

Module Content

0% Complete 0/2 Steps

3.1.1: Terms of Payment

Exercises: Configure Terms of payment (MB-310L.3.1.E)

Module Content

0% Complete 0/2 Steps

3.2.1: Payment Days

3.2.2: Payment Schedules

Module Content

0% Complete 0/1 Steps

3.3.1: Cash discounts

Module Content

0% Complete 0/1 Steps

3.4.1: Payment calendars

Module Content

0% Complete 0/1 Steps

3.5.1: Payment fee

4: Implement and manage accounts payable

Module Content

0% Complete 0/1 Steps

AP Wall-to-wall demo (Video 26 min)

Module Content

0% Complete 0/3 Steps

4.1.1: Methods of Payment

4.1.2: File formats and payment specification

Exercises: Methods of payments in AP (MB-310L.4.1.E)

Module Content

0% Complete 0/3 Steps

4.2.1: Vendor groups

4.2.2: Vendors

Exercises: Vendors and Vendor groups (MB-310L.4.2.E)

Module Content

0% Complete 0/4 Steps

4.3.1: Posting Profiles

4.3.2: Table restrictions

4.3.3: Parameter settings

Exercises: Vendor posting profile (MB-310.L.4.3.E)

Module Content

0% Complete 0/3 Steps

4.4.1: Validation and matching policies

4.4.2: Demo scenario

4.4.3: Invoice matching

Module Content

0% Complete 0/9 Steps

4.5.1: Procure-to-purchase-to-pay processes

4.5.2: Invoice register, Invoice pool, Invoice approval

4.5.3: Invoice Journal

4.5.4: Vendor invoices form

4.5.5: Payment journal

4.5.6: Payment proposal

4.5.6.1: Payment proposal (Video 4 min)

4.5.7: Reverse a vendor payment

Exercises: Process orders, invoices, and payments (MB-310.L.4.5.E)

Module Content

0% Complete 0/4 Steps

4.6.1: Introduction

4.6.2: Vendor response and Purchase order status

4.6.3: Configure Vendor Collaboration

4.6.4: Using Invoicing workspace for Vendor collaboration

Module Content

0% Complete 0/3 Steps

4.7.0: Introduction

4.7.1: Configure charges

4.7.2: Use charges

Module Content

0% Complete 0/3 Steps

4.8.0: Introduction to Positive pay

4.8.1: Configure Positive pay

4.8.2: Use Positive Pay

5: Implement and manage expense management

Module Content

0% Complete 0/2 Steps

5.1.1: Introduction

5.1.2: The overall process flow

Module Content

0% Complete 0/8 Steps

5.2.1: Introduction

5.2.2: Expense categories

5.2.3: Per diems

5.2.4: Financial management

5.2.5: Parameters

5.2.6: Workflows

5.2.7: Expense policies

5.2.8: Audit policies

Module Content

0% Complete 0/5 Steps

5.3.1: Expense management workspace

5.3.2: Expense reports

5.3.3: Expense receipt processing

5.3.4: Audit workbench

Exercises: Use Expense Management (MB-310.L.5.3.E)

6 Implement and manage accounts receivable and credit and collections

Module Content

0% Complete 0/1 Steps

AR Wall-to-wall demo (Video 24 min)

Module Content

0% Complete 0/4 Steps

6.1.1: Methods of Payments

6.1.2: File formats and payment specification

6.1.3: Credit card payment service

Exercises: Methods of Payment (MB-310.L.6.1.E)

Module Content

0% Complete 0/4 Steps

6.2.1: Customer groups

6.2.2: Customers

6.2.3: Credit limits

Exercises: Customers and Customer groups (MB-310.L.6.2.E)

Module Content

0% Complete 0/3 Steps

6.3.1: Posting profiles

6.3.2: Table restrictions

Exercises: Customer posting profile (MB-310.L.6.3.E)

Module Content

0% Complete 0/9 Steps

6.4.0: Introduction

6.4.1: Comparing a Free Text Invoice and a Sales order Invoice

6.4.2: Create a Free text invoice

6.4.3: Create a Free text invoice Template

6.4.4: Recurring Free text invoices

6.4.5: Correct a Free text invoice

6.4.6: Sales order invoicing

6.4.7: Payments

Exercises: Process orders, invoices, and payments (MB-310L.6.4.E)

Module Content

0% Complete 0/3 Steps

6.5.0: Introduction

6.5.1: Configure charges

6.5.2: Use charges

Module Content

0% Complete 0/8 Steps

6.6.0: Introduction to Credit Management

6.6.1: Configure Accounts receivables and Credit and collections

6.6.2: The workspace Customer credit and collections

6.6.3: Account statement

6.6.4: Interest notes

6.6.5: Credit and collections processes

6.6.6: Cases and Activities

Exercises: Credit and collections (MB-310L.6.6.E)

1 of 2

Some of the content types used in this course

Videos

Presentations

Practices

Quizzes

Explore the Video Lectures

Follow our instructors presenting the topic, navigating the system and clarify the various aspects in D365FO.

Powerful Presentations

Core common features

LCS, Reporting & Analytics, Workflow

Part 1

Core configuration

Legal entities, Security, Integrations, more

Part 2

Data migration & go-live

Data management, UAT, more

Part 3

Practice Makes Perfect

Nothing teaches a topic better than problem solving. Our practices present a problem and encourage you to solve it hands-on in your D365FO – using your newly acquired skills. And rest assured, that the solution is at hand for you as well.

Quizzes

Test your knowledge

Plenty of questions scattered across the lessons

Keep your learning in memory

Use them constantly to keep your new-found learning in memory

Practice test

Summarizing it all - and scoring you, too!

Getting closer to do the real thing

Your chance of checking, if you are ready to move on to the real test

MeasureUp

Try a free demo of the official practice test

Just like the real thing

This free practice test sampler is as close as it gets

Important FAQ

Does this course include video?

Yes, to cater for all learning styles, we offer a variety of content – including videos

How can I test my knowledge?

Throughout the course, you will find test-your-knowledge questions and quizzes that help you check your understanding of the topics covered.

You can use these to reinforce your learning and identify areas you may want to revisit.

Is a live D365FO environment included?

Of course, to do the practices hands-on, you need an environment.

So, as part of the course, we will tell you how to access a sandbox environment (VM) for free.

We also offer a more flexible paid solution, available for 180 days!

How much work should I expect?

On average, expect to spend 40-50 hours (this is the equivalent to a 4 days class with homework). If you do all the details – not necessary for the exam – it could be more…