Introduction
This module introduces four essential financial management areas within Microsoft Dynamics 365 Finance. You begin with expense management, where you explore how organizations streamline expense reporting through automated workflows and enforce compliance with robust policies and categories.
Next, you dive into fixed asset management to understand how businesses acquire, depreciate, and dispose of assets. You also learn how organizations maintain accurate financial reporting and asset control.
The module then covers budgeting. You explore proven methodologies and learn to implement control mechanisms that help organizations plan, monitor, and optimize their financial resources.
Finally, you discover how project management and accounting capabilities enable businesses to manage projects and resources effectively. You learn to link expenses and revenue to specific projects and analyze profitability to drive informed business decisions.
For example, imagine a finance manager at a mid-sized consulting firm who oversees the company’s expense reporting, asset tracking, and budgeting processes. Using Dynamics 365 Finance, the finance manager configures automated expense workflows that let employees easily submit travel receipts, sets up expense policies to enforce compliance, and imports corporate credit card transactions for accurate tracking. The finance manager also manages the firm’s fixed assets by recording acquisitions and scheduling automated depreciation entries, while using budgeting tools to monitor spending against forecasts. By linking project expenses and revenues, the finance manager can quickly analyze the profitability of client engagements, enabling informed decisions that drive both compliance and operational efficiency.
Whether you're new to financial operations or want to deepen your understanding of Dynamics 365 Finance, this module equips you with foundational knowledge. You also gain practical skills needed to support compliance, efficiency, and strategic decision-making in a modern enterprise.
Learning objectives
By the end of this module, you're able to:
Describe expense management capabilities.
Describe fixed asset management capabilities.
Describe budgeting capabilities.
Describe project management and accounting capabilities.