Implement cost management in Dynamics 365 Finance

  • Module
  • 10 Units
Intermediate
Functional Consultant
Business User
Business Analyst
Dynamics 365
Finance

This module equips finance professionals with the essential skills to configure, manage, and optimize cost accounting processes within an enterprise finance system, enhancing accuracy and strategic decision-making.

Learning objectives

In this module, you learn how to:

  • Implement basic cost management practices
  • Set up inventory cost groups and costing versions
  • Differentiate among key inventory costing methodologies and select the appropriate one
  • Set up item model groups, item groups, and posting profiles
  • Perform inventory recalculations, closings, and adjustments

Prerequisites

  • A basic understanding of finance and accounting processes.
  • The ability to use Dynamics 365 Finance for basic processing.
  • General knowledge of basic navigation in Dynamics 365 Finance.
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