Closing, Reconciliation, And Settling Functionality In Dynamics 365 Finance & Supply Chain

Closing operations prepare the organization for the start of a new period. You’ll learn how to plan, set up, and [...]

What you will learn

  • Configure the close of a financial period.
  • Conduct frequent and annual closing processes.
  • Conduct currency revaluation operations
  • Consolidate and delete financial records.
  • Reconcile inventory with debtors and creditors.

Requirements

  • The ability to use finance for basic processing
  • Knowledge of finance and accounting processes
  • Stable network connection
  • Positive attitude

Description

Closing operations prepare the organization for the start of a new period. You'll learn how to plan, set up, and run periodic processes in Dynamics 365 Finance in this course. This mini-course will teach you how to close, reconcile, and settle financial and supply chain functions in Dynamics 365 Finance and Supply Chain. The course focuses on integrating end-of-year close, negotiating with debtors and creditors, performing foreign currency revaluation procedures, and performing periodic and year-end closing.

Course Content
  • Process 1: Prepare Trial Balance
  • Process 2 & 3: Process Accounts Receivable Month End & Reconcile Creditors
  • Process 4 & 5 : Process Accounts Payable Month End & Reconcile Debtors
  • Process 6: Reconcile Production WIP
  • Process 7: Reconcile Project WIP
  • Process 8: Close and Reconcile Inventory
  • Process 9: Process Missing Bank Transactions
  • Process 10: Foreign Currency Revaluation

About the Instructor


Brandon Ahmad, MCSE

Microsoft Certified Trainer Regional Lead - USA

8.8 out of 9.0 Average Instructor Rating

Top Instructor Award Twice

MCSE Certification in Dynamics 365

Freelances as hands-on Technical Lead with very advanced development scenarios for Day Job

Brandon Teaches D365 for Finance and Operations Programming

Brandon Ahmad is a Dynamics 365 Technical Solutions Architect and CEO of Instructor Brandon. In his years of experience working with different Microsoft Technologies such as Dynamics 365, Power BI and Power Apps, he has been able to consult over 60 implementations across the globe. Being solution-oriented and implementing advanced scenarios, he has dedicated his time to creating training courses for programmers and developers alike; those interested mainly in learning Microsoft Technologies.
As an Instructor, he strongly believes in being able to master developmental skills; as long as one achieves the right set of training and guidance. Providing students with several enhanced Microsoft training courses that focus on providing a hands-on learning experience, Ahmad’s biggest secret to teaching lies in his ability to nurture those who take his courses.
His best reward (in his own words) is “hearing that my students saved time and mastered Microsoft Technology skills, knowing that my courses played a vital part in that success.”

Frequently Asked Questions

  • Does the Closing, Reconciliation, And Settling Functionality In Dynamics 365 Finance & Supply Chain course have hands-on labs?
    Yes, the Closing, Reconciliation, And Settling Functionality In Dynamics 365 Finance & Supply Chain course has hands-on practical labs for all the modules to practice .
  • What are the working hours for support team?
    Support team is available for assistance 16 hours a day (from Monday to Friday)
  • Is there any demo available?
    Yes, demonstrations are available as reference, showing the steps to achieve solutions so that you do not get stuck during the hands-on component.
  • What is the refund policy for the course?
    There is no refund granted once the course is purchased as we provide all the course contents upon purchasing. All completed purchases are final and non-refundable. For more details, click here
  • How do I extend lab time beyond 30 days?
    An ‘Extension Fee’ covers all the costs of your licenses and support.
  • How long do I have access to the course?
    You have access to your purchased course for 2 months: 60 days for lectures and 30 days for labs.
  • Are there any special licenses being offered during training?
    We provide our students with the licenses required to do the course and the labs.
  • How many hours should I spent each week on the course?
    We suggest around to 10- 30 hours a week in order to complete this course on time.
    Prominent Features
  • Step by step process to manage functionalities with accounts payables and periodic financial transactions.
  • Recorded video demonstrations for better understanding.