Description

5-day live online MB-310 exam prep course.

The delivery is per our Prepare-Participate-Practice (3P) methodology.

What you get

• Welcome email to students
  • Link to Dashboard in AXcademy – one-stop for all information
    • Overview of courses
    • Links to live sessions
    • Prepare materials
    • Live recordings and presentations used
    • Practice exercises
• Preparation materials
  • Videos, presentations, et al.
• Participate
  • Live sessions – 5 days each with 2 x 3-hour live sessions
  • Recorded live sessions (accessible for 30 days after the course)
  • Presentations used
• Practice materials
  • Hands-on exercises, deep dive documentation, et al.
• Standard MB-310 VM (D365FO training environments/sandboxes with standard “Contoso” demo data) is provided by AXcademy for each student
  • access for 180 days.

Curriculum MB-310 Finance

Overview

• 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.

Details

• Describe use cases for financial dimensions
• Define and configure the chart of accounts and main accounts
• Describe use cases for main accounts categories, ledger account aliases, and balance control accounts
• Configure financial dimensions and dimension sets
• Configure legal entity overrides for financial dimensions and main accounts
• Create and configure account structures and advanced rules
• Configure financial tags
• Configure derived dimensions and financial dimension default templates
• Configure accounts for automatic transactions

• Configure and manage fiscal calendars, years, and periods
• Configure the ledger
• Describe and configure batch transfer rules
• Set up currencies and conversions for a legal entity
• Configure currency exchange types and rates

• Describe options for implementing voucher numbers in journals
• Configure journal names
• Set up journal controls and posting restriction rules
• Describe and configure journal workflow approvals
• Create voucher templates
• Describe use cases for periodic journals and deferrals
• Configure and apply accrual schemes
• Set up intercompany accounting
• Create templates to edit journals in Microsoft Excel
• Perform reversing entries

• Create and maintain bank groups and bank accounts
• Describe electronic payment formats
• Configure and process bank reconciliations including advanced bank reconciliations
• Configure the cash flow forecast setup
• Configure the cash flow automation setup
• Enable and configure summarized bank transactions for vendor and customer payments

• Describe cost accounting processes and terms
• Describe and configure the costing sheet including indirect costs
• Configure cost groups
• Implement inventory costing versions
• Differentiate between inventory costing methodologies
• Configure item model groups
• Configure item groups and inventory posting profiles
• Perform inventory closing and adjustment processes
• Configure cost categories
• Set up inventory value reports

• Define and demonstrate periodic closing processes and end-of-year processes
• Perform financial consolidation and elimination processes
• Describe use cases and options for performing allocations
• Implement foreign currency revaluation processes
• Create and manage financial reports including modifying row, column, report definitions, and reporting tree

• Configure tax groups, tax codes, settlement periods, and jurisdiction
• Configure tax ledger posting groups
• Settle and post sales tax
• Configure withholding tax groups, tax codes, and authorities

• Set up customers and customer groups
• Configure and process free text invoices
• Process sales order invoices and credit memos
• Configure customer payment setup
• Configure accounts receivable charges
• Manage customer holds
• Set up customer posting profiles
• Process customer payments
• Enable and configure customer change approvals
• Perform foreign currency revaluation

• Configure credit management processes
• Configure collections management processes
• Manage delinquent customers
• Prepare and send customer account statements
• Manage customer credit limits and credit holds
• Set up and process collection letters and interest notes
• Configure aging definitions
• Process aged balances

• Configure journals and parameters for revenue recognition
• Configure and implement revenue schedules
• Enter and process revenue recognition transactions
• Configure and use bundles

• Configure invoice validation policies and invoice matching setup
• Set up vendor groups, vendors and vendor posting profiles
• Process purchase order invoices and credit memos
• Configure vendor payments including payment terms, method of payments, and payment calendars
• Configure accounts payable charges and apply changes to an invoice
• Configure bank accounts and bank account approvals for vendors
• Enable and configure vendor change approvals
• Perform foreign currency revaluation
• Configure vendor invoices and payment automation
• Process the vendor invoice journal including voyage cost

• Configure expense management including categories, per diem options, mileage expenses, intercompany expenses, and personal expenses
• Configure workflows for expense management
• Describe use cases for expense management policies and the audit workbench
• Describe and configure credit card processing
• Create and manage expense reports
• Configure and manage cash advance settings
• Create and manage travel requisitions

• Configure budgeting components including budget models, codes, allocation terms, and transfer rules
• Create and configure budget register entries
• Compare budgeted values with actual values
• Implement budget register entry workflows

• Configure budget controls including budget parameters, budget fund availability options, budget control rules and groups, and over-budget permissions
• Perform budget checks on documents and journals
• Configure budget cycle time spans
• Activate or deactivate budget control configurations

• Define a budget planning process
• Create or generate a budget plan
• Configure budget planning by using scenarios, stages, allocation stages, stage allocations, and templates
• Create a budget plan template
• Configure and manage a budget planning workflow

• Create fixed asset groups and other fixes asset attributes
• Configure fixed asset posting profiles
• Configure fixed asset parameters
• Describe the fixed asset lifecycle
• Configure fixed asset books
• Configure depreciation profiles
• Create and manage fixed asset
• Manage fixed asset groups and books mapping

• Process fixed asset disposal by using free text invoices
• Process fixed asset acquisitions by using purchase orders, journals, and projects
• Create fixed asset budgets and transfer the budgets to the budgeting module
• Process fixed asset depreciation
• Process fixed asset disposals and other transactions by using the fixed asset journal
• Process fixed asset split, reclassification, and transfer

• Configure asset leasing
• Manage asset leases
• Analyze asset lease reports.