Configure and perform periodic processes in Dynamics 365 Finance

  • Module
  • 9 Units
Intermediate
Functional Consultant
Business User
Dynamics 365
Finance
Supply Chain Management

Note

You may experience partial outages in labs that use the finance and operations apps virtual machine. We are working on fixing it and ask for your patience.

You can complete closing procedures for a period or a year. Closing processes prepare the system for a new period. In this module, you learn how to prepare, configure, and perform periodic processes in Dynamics 365 Finance.

Learning objectives

In this module, you learn how to:

  • Configure financial period close.
  • Reconcile banks.
  • Perform periodic closing and year closing processes.
  • Prepare periodic filings.
  • Configure and work with vendor 1099 processes.
  • Run foreign currency revaluation processes.
  • Perform financial consolidation and elimination processes.
  • Process end of year tax reporting.

Prerequisites

  • Knowledge of finance and accounting processes
  • The ability to use Finance for basic processing