Implement and manage accounts payable and expenses

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Overview

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Module 1: Explore how to configure the Accounts payable module, set up vendor posting profiles and payments in Dynamics 365 Finance.
In this module, you learn how to:
- Configure accounts payable components.
- Create and maintain a vendor.
- Configure vendor payments.
- Set up vendor posting profiles.
- Configure accounts payable charges.
Module 2: Learn how to work with accounts payable daily procedures in Dynamics 365 Finance.
This module explains how to:
- Work with incoming invoice payments.
- Process accounts payable credit memos.
- Modify due dates and discount dates.
- Work with cash discounts from vendors.
- Create vendor payments.
- Reverse vendor payments.
- Manage prepayments and prepayment invoices.
Module 3: Accounting distributions are used to define how an amount is accounted for. For example, how the expense, tax, or charges are accounted for on a vendor invoice. Every amount must be accounted for when the vendor invoice is journalized has one or more accounting distributions.
In this module you learn how to:
- Settle transactions and undo settlements.
- Distribute funds by using accounting distributions.
- Configure invoice validation policies.
Module 4: Automate data extraction from scanned documents or images using optical character recognition (OCR) technology.
In this module, you will:
- Set up optical character recognition (OCR) in Dynamics 365 Finance.
- Manage parameters that are specific to OCR in Accounts payable.
- Manage Workflow editor to allow invoice automation processes.
Module 5: Learn about the Expense management module in Microsoft Dynamics 365 Project Operations, which allows organizations to track and manage employee expenses.
In this module, you will:
- Learn about Expense management capabilities.
- Discover Expense management features.
- Review considerations for planning to use the Expense management module in Project Operations.
Module 6: Learn how to set up and configure Expense management in Microsoft Dynamics 365 Project Operations.
In this module, you will:
- Discover the Expense management workspace.
- Learn how to turn on the Expense reports re-imagined feature.
- Review the Expense management parameters.
- Learn about workflow functionality for expense management.
- Set up expense policies, and evaluate policies using the Audit workbench.
- Set up mileage expense options.
- Set up credit card transaction processing and import credit transactions.

Syllabus

Module 1: Module 1: Configure Accounts payable in Dynamics 365 Finance
- Introduction
- 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
- Set up default descriptions for automatic posting
- Create vendors
- Set up methods of payment for vendors
- Set up bank accounts and bank account approvals for vendors
- Set up electronic payment formats
- Configure accounts payable charges
- Configure and use positive pay
- Lab - Configure accounts payable components
- Check your knowledge
- Summary
Module 2: Module 2: Work with accounts payable daily procedures in Dynamics 365 Finance
- Introduction
- Incoming invoice payments
- Process accounts payable credit memos
- Modify due dates and discount dates
- Work with cash discounts from vendors
- Create vendor payments
- Centralized payments
- Reverse a vendor payment
- Manage prepayments and prepayment invoices
- Exercise- Process a vendor payment by using a payment journal
- Check your knowledge
- Summary
Module 3: Module 3: Work with accounting distributions, invoice validations, and settlements in Dynamics 365 Finance
- Introduction
- Settle transactions and undo settlements
- Distribute funds by using accounting distributions
- Configure invoice validation policies
- Three-way matching policies
- Vendor invoice workflow
- Lab - Work with accounting distributions, invoice validations, and settlements
- Check your knowledge
- Summary
Module 4: Module 4: Set up and use Intelligent OCR for vendor invoices in Dynamics 365 Finance
- Introduction
- Configuration options
- Enable automatic vendor invoice prepayments
- Use workflow and product match receipts
- View vendor invoice automation results
- Check your knowledge
- Summary
Module 5: Module 5: Get started with Expense management in Dynamics 365 Project Operations
- Introduction
- Plan expense management
- Intercompany expenses
- Financial management
- Per diems
- Journals and accounts
- Payment methods
- Taxes
- Policies
- Expense categories and shared categories
- Map expense categories to a main account
- Check your knowledge
- Summary
Module 6: Module 6: Set up and configure Expense management in Dynamics 365 Project Operations
- Introduction
- 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
- Check your knowledge
- Summary