Configure Dynamics 365 Finance for public sector
Dynamics 365 Finance enables business processes that are common to the public and private sectors, including budgeting, purchasing, accounts payable, and account receivable tasks. Use the Public sector functionality to meet the rules, regulations, and reporting requirements for organizations that serve the public sector.
Learning objectives
In this module, you learn how to:
- Set up funds for the public sector.
- Set up derived dimensions.
- Set up derived financial hierarchies for the public sector.
- Set up the Advanced ledger entries functionality for the public sector.
- Configure billing codes for free text invoices.
Prerequisites
- A basic understanding of finance and accounting processes
- Ability to use Finance for basic processing
- A general understanding of financial management features, such as bank, accounts payable and accounts receivable, budget, and commitment accounting.