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Microsoft

Set up financial management in Microsoft Dynamics 365 Business Central

Microsoft via Microsoft Learn

Overview

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  • Module 1: Do you need to set up number series for documents, journals, and other records? This module explains how to set up number series and how to number documents, journals, and master data. Additionally, it shows you how to create and use source codes and reason codes in Dynamics 365 Business Central.
  • In this module, you will:

    • Learn about the purpose of number series.
    • Set up number series.
    • Create number series relations.
    • Set up source codes and reason codes.
  • Module 2: Do you want to know what posting groups do and how they are used in Business Central? This module will explain what posting groups are and what they are used for in Dynamics 365 Business Central. Additionally, this module focuses on showing you how to set up posting groups to create links between accounts in the different application areas to the G/L accounts in the General Ledger application area.
  • In this module, you will:

    • Learn about the purpose of posting groups in Business Central.
    • Set up posting groups to link receivables, payables, bank accounts, and inventory accounts.
    • Map sales and purchase G/L accounts in the general posting setup.
  • Module 3: If you are responsible for financial reporting, then follow along with this module to learn how to set up dimensions. Dimensions are used to group posted entries for reporting purposes. Dimensions can be used throughout Business Central on entries in journals, documents, and budgets. Additionally, dimensions offer more extensive analysis and reporting functionalities.
  • By the end of this module, you will be able to:

    • Set up dimensions and dimension values.
    • Enter dimensions manually in sales and purchase documents.
    • Set up global and shortcut dimensions.
    • Assign default dimensions to accounts.
    • Prioritize default dimensions of certain account types.
    • Block dimension combinations.
  • Module 4: Do you want to know how to set up the chart of accounts in Business Central? This module will focus on managing the chart of accounts. The Chart of Accounts list provides quick access to G/L accounts and balances, and the budgets feature provides a comparison between actual amounts and budgeted amounts by using a combination of G/L accounts, periods, and dimensions.
  • By the end of this module, you will be able to:

    • Use the chart of accounts.
    • Create new G/L accounts.
    • Assign account categories.
    • Set up and assign account subcategories.

Syllabus

  • Module 1: Set up number series and trail codes in Dynamics 365 Business Central
    • Introduction to setting up number series
    • Assign number series and number series relationships
    • Set up trail codes
    • Exercise - Create a number series
    • Check your knowledge
    • Summary
  • Module 2: Set up posting groups in Dynamics 365 Business Central
    • Introduction - Set up and assign specific posting groups
    • Set up and assign inventory posting groups
    • General posting groups
    • Configure the general posting setup
    • Exercise - Set up and assign a customer posting group
    • Check your knowledge
    • Summary
  • Module 3: Set up dimensions in Dynamics 365 Business Central
    • Introduction - Set up dimensions and dimension values
    • Manually enter dimensions in a sales order
    • Set up global and shortcut dimensions
    • Set up default dimensions
    • Set up default dimensions for account types
    • Set up default dimension priorities
    • Set up dimension combinations
    • Exercise - Set up a dimension with dimension values
    • Check your knowledge
    • Summary
  • Module 4: Set up the chart of accounts in Dynamics 365 Business Central
    • Introduction to setting up G/L accounts
    • Set up account categories and subcategories
    • Maintain the chart of accounts
    • Check your knowledge
    • Summary

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