MB-920T00: Microsoft Dynamics 365 Fundamentals (ERP)

Duration: 1 Day (8 Hours)

MB 920 : Microsoft Dynamics 365 Fundamentals (ERP) Course Overview:

The MB 920: Microsoft Dynamics 365 Fundamentals (ERP) course offers a comprehensive introduction to the finance and operations capabilities of Dynamics 365. Whether you’re a business stakeholder, a student, a recent graduate, or someone looking to make a career change, this course provides valuable insights into the core capabilities of Dynamics 365’s finance and operations app.

The course covers essential topics such as enterprise resource management (ERP) and explores each individual app within Dynamics 365, including Dynamics 365 Supply Chain Management, Dynamics 365 Finance, Dynamics 365 Commerce, Dynamics 365 Human Resources, and the ERP capabilities of Dynamics 365 Project Operations. Through a combination of lectures and hands-on labs, you will gain a solid understanding of these apps and their functionalities.

The MB 920 course is suitable for individuals in various roles and career stages who wish to expand their knowledge of the finance and operations capabilities of Dynamics 365. This includes business stakeholders who want to familiarize themselves with Dynamics 365 to make informed decisions, as well as students, recent graduates, and those looking to transition into roles that involve leveraging Dynamics 365 for finance and operations management.

By enrolling in this fundamentals course, you will gain exposure to the finance and operations capabilities of Dynamics 365 and understand how it can support business processes related to supply chain management, finance, commerce, human resources, and project operations. This knowledge can empower you to pursue further specialization, make more informed career choices, and leverage Dynamics 365 to drive success in your organization or future endeavors.

Job role: Business Owner

Benefits of taking MB 920 : Microsoft Dynamics 365 Fundamentals (ERP) Training

Here are some of the benefits of taking MB-920: Microsoft Dynamics 365 Fundamentals (ERP) Training:

Enhanced Career Prospects

  • Expand your career options: Gaining the MB-920 certification opens doors to a wider range of employment opportunities in enterprise resource planning (ERP), finance, operations, and business management domains.
  • Increase your earning potential: Certified professionals with MB-920 credentials often command higher salaries compared to their non-certified counterparts.
  • Stand out in the job market: Differentiate yourself from competitors by demonstrating your understanding of the core capabilities of Microsoft Dynamics 365 ERP and its application in real-world business scenarios.

Enhanced Professional Competence

  • Develop foundational knowledge: Acquire a comprehensive understanding of ERP concepts, business processes, and the role of Microsoft Dynamics 365 ERP in enterprise management.
  • Gain hands-on experience: Acquire hands-on proficiency in navigating and using Microsoft Dynamics 365 ERP, including finance, operations, supply chain, and project management modules.
  • Become an ERP specialist: Equip yourself with the knowledge and skills to effectively utilize Microsoft Dynamics 365 ERP to streamline business processes, optimize operations, and improve decision-making.

Enhanced Business Value

  • Improve business efficiency: Contribute to improved business efficiency, cost reduction, and decision-making by implementing and optimizing Microsoft Dynamics 365 ERP.
  • Streamline business processes: Automate repetitive ERP tasks, eliminate manual workarounds, and streamline business processes to enhance productivity and reduce errors.
  • Gain insights into business data: Leverage data analytics and reporting tools in Microsoft Dynamics 365 ERP to gain deeper insights into business performance, identify trends, and make informed decisions.
  • Make informed ERP decisions: Utilize data-driven insights to make informed decisions about ERP strategies, resource allocation, and process improvement.
  • Enhance business agility: Adapt to changing business requirements and market conditions by implementing and deploying flexible and scalable solutions using Microsoft Dynamics 365 ERP.

Overall, taking MB-920: Microsoft Dynamics 365 Fundamentals (ERP) Training can significantly enhance your career prospects, professional competence, and the value you bring to your organization’s digital transformation journey.

Get introduced to the finance and operations apps
  • Discover the suite of finance and operation apps that you can use for enterprise resource planning.
  • Review use cases for finance and operations apps.
  • Describe built-in reporting capabilities.
  • Describe options for analyzing data.
  • Describe options for manipulating data with Microsoft products.
  • Describe use cases for and integration capabilities with other Microsoft products.
  • Describe finance capabilities and features.
  • Describe use cases for legal entities.
  • Describe how Dynamics 365 Finance handles regional tax reporting requirements.
  • Describe cost accounting concepts.
  • Describe journaling concepts.
  • Describe charts of accounts, including main accounts and classification.
  • Describe financial dimensions and dimension set concepts.
  • Describe periodic financial processes.
  • 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 and collection processes.
  • Describe cash and bank management concepts
  • Describe expense management including cash advances and mobile workspaces
  • Describe fixed asset management, and fixed asset creation, acquisition, and depreciation
  • Describe budgeting capabilities
  • Describe product master records and product variants.
  • Describe master planning.
  • Describe trade agreements and discounts.
  • Describe costing methods including standard costing, weighted averages, last-in-first-out (LIFO), and first-in-first-out (FIFO)
  • Describe use cases for Warehouse Management System (WMS) and warehouse configuration options including layout, stocking limits, and location profiles
  • Describe purchase orders, item arrival journals, and cross-docking
  • Describe inventory concepts including reservations, picking and packing, replenishment, shipments, counting, and inventory on-hand
  • Describe quality management capabilities
  • Describe manufacturing types.
  • Describe manufacturing strategies, including make-to-order (MTO), make-to-stock (MTS), and configure-to-order (CTO).
  • Describe item tracking and tracing processes.
  • Describe tools that can be used to manage shop floors.
  • Describe master planning.
  • Describe commerce capabilities.
  • Describe retail channels and channel management concepts.
  • Describe distributed order management (DOM).
  • Describe the product assortment.
  • Understand the B2B digital commerce capabilities in the online channel.
  • Describe loyalty and clienteling concepts.
  • Describe how Dynamics 365 Commerce uses Dynamics 365 Customer Insights.
  • Describe how Dynamics 365 Fraud Protection reduces fraudulent activities in the system.
  • Explore workers and positions.
  • Explore compensation and benefits capabilities.
  • Explore compliance features.
  • Explore performance management capabilities.
  • Describe self-service capabilities.
  • Describe leave and absence capabilities.
  • Describe employee training and certification features.
  • Identify integration options between Dynamics 365 Human Resources and LinkedIn.
  • Describe the project lifecycle including project invoicing and revenue recognition.
  • Describe project-based services.
  • Describe project sales capabilities.
  • Describe project contract capabilities.
  • Describe project pricing capabilities.
  • Describe project planning capabilities.
  • Describe project execution capabilities.
  • Describe the work breakdown structure.
  • Describe project invoicing capabilities.
  • Describe project cost tracking capabilities.

MB 920 : Microsoft Dynamics 365 Fundamentals (ERP) Course Prerequisites:

Students should have a fundamental understanding of financial principles and business operations. An understanding of cloud computing is helpful but isn’t necessary.

Q: What is MB-920T00: Microsoft Dynamics 365 Fundamentals (ERP) training?

A: MB-920T00 is a training program offered by Microsoft that focuses on providing individuals with the fundamental knowledge and skills required to work with Microsoft Dynamics 365 Enterprise Resource Planning (ERP) solutions. This training program covers various aspects of Dynamics 365 ERP, including core functionality, business processes, and integration capabilities.

A: The MB 920 training program is designed for individuals who are new to Microsoft Dynamics 365 ERP and want to gain a foundational understanding of its features and capabilities. This training is suitable for business users, finance professionals, operations managers, and anyone interested in leveraging ERP technology to streamline business processes and drive efficiency.

A: The MB 920 training covers a range of topics, including:

  • Introduction to Microsoft Dynamics 365 ERP and its core functionality.
  • Exploring finance and operations modules in Dynamics 365 ERP.
  • Understanding key business processes, such as procurement, inventory management, and financial management.
  • Customizing Dynamics 365 ERP to align with specific business requirements.
  • Integration options to connect Dynamics 365 ERP with other applications and services.

A: There are no specific prerequisites for attending the MB920 training program. However, a basic understanding of ERP concepts and familiarity with Microsoft Office applications would be beneficial.

A: By completing the MB920 training program, you will:

  • Gain a fundamental understanding of Microsoft Dynamics 365 ERP and its key modules.
  • Learn how to navigate and utilize finance and operations functionalities in Dynamics 365 ERP.
  • Understand essential business processes, such as procurement, inventory management, and financial management.
  • Discover how to customize Dynamics 365 ERP to meet specific business needs.
  • Acquire knowledge of integration options to connect Dynamics 365 ERP with other applications.

A: The MB 920 training can be delivered through various methods, including in-person instructor-led training, virtual instructor-led training, or through online self-paced modules. The specific delivery method may vary depending on the training provider or platform you choose.

A: Yes, after completing the MB 920 training, you have the option to take the Microsoft certification exam MB-920: Microsoft Dynamics 365 Fundamentals. This exam validates your foundational knowledge of Dynamics 365 ERP. However, passing the exam is not mandatory to complete the training program.

A: Yes, upon passing the MB 920 certification exam, you will earn the Microsoft Certified: Dynamics 365 Fundamentals certification. This certification demonstrates your understanding of Dynamics 365 ERP fundamentals and validates your ability to work with the solution.

A: The duration of the training program can vary depending on the delivery method and the depth of coverage. In-person or virtual instructor-led training programs may span several days, covering the comprehensive content.

A: To enroll in the MB-920T00 training program, Click Enroll Now button, will provide you with information on available training

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This course comes with following benefits:

  • Practice Labs.
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  • Access to the recordings of your class sessions for 90 days.
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