Configure cash and bank management in Dynamics 365 Finance

Module
16 Units

Intermediate

Functional Consultant

Dynamics 365

Finance

With cash and bank management in Dynamics 365 Finance, you can record and reconcile financial transactions against the bank statement and identify bank transaction types such as deposits and nonsufficient funds (NSF).

Learning objectives

In this module, you learn how to:

Create and configure banks.
Create and configure bank layouts.
Configure cash and bank management parameters.
Set up vendor and customer banks.
Configure cash flow forecasts and reports.
Use process automation to schedule updates for cash flow forecasts.
Summarize vendor and customer payments in bank transactions.

Prerequisites

Basic understanding of finance and accounting processes
The ability to use Finance for basic processing
General knowledge of basic navigation in Finance
Understand how to set up General ledger in Finance

Introduction min
Understand bank transaction types and groups min
Set up cash and bank management parameters min
Set up the Single Euro Payments Area (SEPA) direct debit mandate min
Set up International Bank Account Number (IBAN) structures min
Configure banks and bank check layout min
Set up bank accounts for customers min
Set up bank accounts for vendors min
Deposits and refunds min
Understand cash flow forecast and reports min
Configure cash flow forecasting min
Set up cash flow automation min
Summarize vendor and customer payments in bank transactions min
Lab - Work with cash and bank management min
Check your knowledge min
Summary min