📖 About this Domain
This domain covers the foundational setup of a Dynamics 365 Business Central environment. You will perform initial configurations, including creating a company, managing security roles, and setting up core application modules. It establishes the base system upon which all other business processes are built.
🎓 What You Will Learn
- You will learn to create and configure a new company, including setting up company information and defining fiscal periods.
- You will learn to manage security by creating users, assigning permission sets, and configuring user groups.
- You will learn to set up core application functionality, such as number series, posting groups, and dimensions.
- You will learn to migrate data into Business Central using configuration packages and RapidStart Services.
🛠️ Skills You Will Build
- You will build the skill to initialize a Business Central company and configure its chart of accounts using assisted setup.
- You will build proficiency in implementing security models by managing user permissions and access controls.
- You will build the ability to configure core financial and trade modules to meet specific business requirements.
- You will build the technical skill to perform data migration for master records like customers, vendors, and items.
💡 Top Tips to Prepare
- Get hands-on experience in a sandbox environment by creating a new company and running through the assisted setup wizards.
- Focus on the logic of posting groups, understanding how general, specific, and inventory posting groups interact during transactions.
- Practice creating and applying configuration packages to understand the data import/export process and table relationships.
- Memorize the security hierarchy from individual permissions to permission sets and user groups for exam questions on access control.
📖 About this Domain
This domain focuses on the foundational setup of financial modules within Dynamics 365 Finance. It covers the configuration of the General Ledger, subledgers, and related financial components. You will establish the core financial structure for an organization.
🎓 What You Will Learn
- You will learn to configure the General Ledger, including the chart of accounts, fiscal calendars, and journals.
- You will learn to set up Cash and Bank Management, including bank groups, accounts, and payment methods.
- You will learn to configure Accounts Payable and Accounts Receivable modules with posting profiles and parameters.
- You will learn to configure Fixed Assets with depreciation profiles and set up basic budgeting with budget control rules.
🛠️ Skills You Will Build
- You will build skills in configuring the financial core, including main accounts and financial dimensions.
- You will gain proficiency in setting up subledger modules like AP, AR, and Cash and Bank Management.
- You will develop the ability to configure asset lifecycle management through Fixed Assets and depreciation books.
- You will build competence in establishing budget frameworks using budget models and budget control components.
💡 Top Tips to Prepare
- Master the configuration and purpose of posting profiles for customers, vendors, and fixed assets.
- Practice setting up journal names, controls, and workflows as they are critical for transaction processing.
- Understand the hierarchy and impact of parameters set at the module level versus group or individual records.
- Focus on the relationship between fiscal calendars, ledger setup, and financial period management.
📖 About this Domain
This domain covers the core transactional processes within Dynamics 365 Business Central. It focuses on the execution of daily operational tasks across sales, purchasing, and inventory management. You will learn the end-to-end document flows and their impact on the general ledger.
🎓 What You Will Learn
- You will learn to process the complete sales cycle, from creating sales quotes and orders to posting shipments and invoices.
- You will learn to manage the procure-to-pay process, including creating purchase orders, receiving items, and processing vendor invoices.
- You will learn to handle financial transactions by applying customer and vendor payments and processing various journals.
- You will learn to manage inventory levels and costs, including performing physical inventory counts and posting item journals.
🛠️ Skills You Will Build
- You will build skills to execute the order-to-cash process, including managing customer records and posting sales transactions.
- You will build skills to manage the procure-to-pay lifecycle, from vendor management to posting purchase invoices.
- You will build proficiency in core financial operations, including cash management, bank reconciliation, and general journal posting.
- You will build the ability to maintain inventory accuracy through item tracking, cost adjustments, and inventory valuation.
💡 Top Tips to Prepare
- Gain hands-on experience by processing sales and purchase documents in a Business Central sandbox environment.
- Understand the relationships between posting groups, such as customer, vendor, and inventory, and their effect on G/L accounts.
- Master the document flow for sales and purchase orders, including the status changes from open to posted.
- Practice using different journal types, like the cash receipt journal and payment journal, for efficient transaction processing.
