1000 XP

Describe accounts payable and accounts receivable in Dynamics 365 Finance

Beginner
Business Owner
Business User
Functional Consultant
Student
Dynamics 365
Finance

This module explores the capabilities of Dynamics 365 Finance to manage the accounting processes involved in paying vendors or suppliers for good or services received and receiving payments for goods and services delivered.

Learning objectives

By the end of this module, you are able to:

  • Describe core accounts payable components, including vendors, purchase orders, and vendor invoices.

  • Describe vendor payments and settlements, including three-way matching concepts.

  • Describe core accounts receivable components, including customers, customer invoices, and free text invoices.

  • Describe credit management.

  • Describe the collection process.

  • Describe the concept of subscription billing.

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Prerequisites

None

This module is part of these learning paths


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