Book Image

Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Book Image

Microsoft Dynamics 365 Enterprise Edition - Financial Management - Third Edition

Overview of this book

Microsoft Dynamics 365 for finance and operations is a rapidly growing application and is widely used in enterprise organizations. Because of its ability to maximize business productivity, it is a fast-growing business application package in the ERP market. We will start by looking into ERP concepts, implementation needs, and interface design, giving you basic knowledge of financial management aspects and explaining key concepts along the way. To begin with, you'll be taken through the general ledger and financial dimension functions. You'll later learn about the sales tax mechanism and multi-currency in Microsoft Dynamics 365. We tackle each topic with focused examples and explanations on topics such as payable/receivable accounts, forecasting, cash and bank management, budgeting planning/control, and fixed assets. Finally, we walk you through intercompany, consolidation, costing basics, and financial reporting. By the end of this book, your finance team will have a much richer understanding of Microsoft Dynamics 365 for finance and operations and its powerful capabilities.
Table of Contents (24 chapters)
Title Page
Copyright and Credits
Dedication
Packt Upsell
Contributors
Preface
Index

Summary


In this chapter, we covered the fixed assets module in Microsoft Dynamics 365 for Finance and Operations. We explored fixed asset characteristics and its integration with other modules. We then explored fixed assets master data and the data required to acquire, depreciate, and dispose of an asset.

Next, we explored fixed asset transactions acquisition, whether through an acquisition proposal journal or through the purchase order, monthly depreciation, disposal sales, and fixed asset transaction reversals. Finally, we covered changing fixed asset groups, fixed asset reclassification, scrap value, posting fixed asset scrap, and fixed asset statement. 

In the next chapter, we will explore financial reporting and analysis, planning reporting needs, information source blocks, and discovering Microsoft Dynamics 365 for Finance and Operations financial reporting.