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Cost Accounting in Microsoft Dynamics 365 for Finance and Operations

May 28, 2018 @ 09:00 - May 29, 2018 @ 16:00 UTC+1

|Recurring Event (See all)

This 2-day course Cost Accounting in Microsoft Dynamics 365 for Finance and Operations is for those, who want to understand the Cost Accounting module prerequisites, configuration, operation, and reporting.

Principles overview, set-up and everyday examples and business scenarios, as well as plenty of hands-on labs.

The number of participants in a class is limited to 10 students, as we firmly believe in small classes for better discussions and learning.

Typical participant profiles:
The course is designed for experienced financial management, cost accountants, and others in an organization that is responsible for the setup and administration of cost accounting, as well as accountants, super users, controllers, consultants.

It is essential to have participated in our course Finance Superuser in Microsoft Dynamics 365 for Finance and Operations or in other ways has obtained equivalent knowledge.


200-300 (Intermediate-Advanced).

During this course Cost Accounting in Microsoft Dynamics 365 for Finance and Operations, we detail the prerequisites, configuration, operation and reporting regarding Cost Accounting in D365FO.

You will learn, how cost accounting lets you collect data from various sources, such as the general ledger, sub-ledgers, budgets, and statistical information.
Then how to use the information to analyze, summarize, and evaluate cost data, so that management can make the best possible decisions for price updates, budgets, cost control, and so on.

During this 2-day class, you will work hands-on with our practice labs with guidelines for Microsoft Dynamics 365 for Finance and Operations.

Topics covered:

Introduction and overview

  • A business scenario demo
  • Fundamental cost accounting principles
  • Terminology

Overview – Cost Accounting in Microsoft Dynamics 365 for Finance and Operations

  • Prerequisites
  • Configuration
  • Operation
  • Reporting


  • Create source system


  • Create dimensions
  • Import dimension members
  • Create dimension hierarchy
  • Create basic setup
  • Define allocation base
  • Define policies
  • Define data source and data provider


  • Process data source
  • Overhead calculation

Analysis and reporting

  • Configure Cost Control workspace
  • Use Cost Control workspace for reporting
  • Export to Excel
  • How to use content pack for PowerBI for reporting

Price for this course includes training manuals, training environment, food and beverages during the training.

Training manuals
We will provide our own developed and updated AXcademy training materials and/or training materials from Microsoft.
Training manuals are provided printed and/or as files.
Each student will receive copies to annotate and keep.

Training environment
During the training, each student will have access to their personal copy of Microsoft Dynamics 365 for Finance and Operations training environment (with standard Contoso demo data) free of charge.

After the training, you could continue to have access to your personal training environment – including your labs. A nominal fee might apply for this optional service.

To ensure the best possible learning environment, a world-class instructor with loads of real-life technical experience in D365FO, D365O, as well as AX 7 and previous versions of AX is in place, and the number of participants is limited to 10 students.

Food and beverages
Food and beverages are provided during the training hours.
•Light breakfast before the start
•Morning break
•Lunch of high quality and variety
•Afternoon break
•Water, coffee/tea, soft drinks, fruits throughout the day.

(For special food requirements, please ask well in advance of the class start date)

Not included
Any certification exams

Cost Accounting in Microsoft Dynamics 365 for Finance and Operations

This course includes all or part of the topics of below listed Microsoft Courses