Enroll Course: https://www.udemy.com/course/ms-dynamics-365-finance-operations-mb300-330-310-part3/
Welcome back to our series on mastering Microsoft Dynamics 365 Finance and Operations (F&O)! If you’ve followed along with Parts 1 and 2, you’re already building a solid foundation for implementing this powerful ERP system. In Part 3, we dive headfirst into one of the most critical aspects of any business operation: Purchase Order Management.
This installment is meticulously crafted to mirror a real-life implementation project, offering incremental knowledge that builds upon previous lessons. The overarching goal of this multi-part masterclass is to equip you with comprehensive understanding, starting from the ground up. By the end of this series, you’ll have a fully functional legal entity ready for your own implementation projects.
**What to Expect in Part 3: Purchase Order Management**
Part 3 dedicates itself to a thorough exploration of the Purchase Order lifecycle. Here’s a breakdown of what you’ll learn:
* **Introduction to Purchase Orders:** We kick off with the fundamentals, understanding purchase order statuses, approval statuses, and different purchase types. You’ll also get acquainted with the various views and filtering options available, making navigation a breeze.
* **Step-by-Step Creation and Processing:** The course walks you through the creation of a purchase order from scratch, followed by a deep dive into the processing stages. This hands-on approach is invaluable for practical application.
* **Posting Profile Setup:** Crucial for financial accuracy, this section covers the setup of posting profiles for vendors and inventory, ensuring that your transactions are posted correctly. You’ll explore this through practical examples using purchase orders.
* **Advanced Purchase Order Functionalities:** Get ready to explore features like adding multiple lines, managing delivery schedules, utilizing the copy functionality, and understanding supplementary items and their scenarios.
* **Handling Partial Deliveries and Receipts:** This is where real-world complexities are addressed. You’ll learn about partial receiving, short closing purchase orders, duplicate checks for product receipts, canceling receipts, and managing under and over-deliveries. We’ll also touch upon the ‘Latest purchase price’ option in released products.
* **Purchase Order Workflows:** Understand the basics of workflow setup and how to create, edit, and reject purchase orders within a workflow, including exploring batch jobs related to workflows.
* **Purchase Requisitions:** The course concludes this part by covering the prerequisites for purchase requisitions, mandatory workflow setup, and the step-by-step creation process.
**Recommendation:**
Part 3 of this Dynamics 365 F&O masterclass is an absolute must for anyone involved in procurement, finance, or supply chain management within the D365 ecosystem. The detailed, step-by-step approach, coupled with real-life scenarios, makes complex topics accessible and practical. If you’re looking to gain confidence and efficiency in managing your procurement processes, this course is an excellent investment. It lays the groundwork for robust financial operations and is a vital step towards successful D365 implementations.
Enroll Course: https://www.udemy.com/course/ms-dynamics-365-finance-operations-mb300-330-310-part3/