Financial Management with Dynamics 365 Finance

Finance professionals are no longer the people who work with numbers, and they are increasingly evolving into financial strategists. Financial leaders must work smarter utilising technology to gain real-time insights and a single source of data visibility into the organisation. Technology is a critical element in making this happen.

In this article, we will discuss the main areas of financial management functionality in Dynamics 365 Finance, which is packed with lots of tools for effective financial management. Dynamics 365 Finance is a cloud-based Enterprise Resource Planning (ERP) solution that enables finance leaders to:

Improve financial performance

Get real-time, intelligent insights into operations with Machine Learning and Predictive Analytics. Effortlessly configure workflows, assign costs across projects, refine budgeting practices, and track KPIs using tools like Power BI.

Streamline reporting and achieve compliance

Dynamics 365 Finance has tools to unify your processes, streamline reporting, and achieve compliance across departments, time zones and currencies.

Integrate with Office 365, PowerApps, Power BI and more!

One of the main benefits of Microsoft Dynamics 365 Finance is its integration with other Microsoft technologies. Leverage full integration with Office 365, PowerApps and Power BI. By combining unified data in the cloud with Power BI, finance leaders get a single source of data visibility into their organisation, from a high level down to a transactional level so that they can make more accurate decisions.

Capability overview of Financial Management in Dynamics 365 Finance

Accounts payable

Enter vendor invoices manually or receive them electronically through a data entity. Review and approve invoices. Invoice matching, vendor invoice policies, and workflow capabilities to automate the review process.

Accounts receivable

Create customer invoices based on sales orders or packing slips. Receive payments using several different payment types.


Long-term planning and annual budget planning are supported through the budget plan document. Budget plan documents are tightly integrated with Microsoft Excel.

Cash and bank management

Cash and bank management capability to maintain the legal entity’s bank accounts and the financial instruments that are associated with those bank accounts.

Account structures enhancements

Export account structures to Excel for easier filtering. FactBoxes have been added to the account structure page for easier access to important information when account structures are defined and edited.

Global journal entry

Enter a general journal for any company the user has access to, regardless of the company the user is logged into. This improves the efficiency of organisations consisting of multiple legal entities.

Financial reporting

22 out-of-the-box financial reports are included to give you a jump start on report design. These reports can be accessed from multiple menu items.

Budget plans and forecasts enhancements

Create and edit budget plans using Excel and Dynamics 365 Finance. Templates for Excel workbooks can be generated by using the budget plan layout setup.

Customer invoicing workspace

The customer invoicing workspace can be accessed through Dynamics 365 for Finance and Operations. It facilitates the customer invoicing process and includes different views of invoice work.

Expense management

Use expense management to create an integrated workflow where you can store payment method information, import credit card transactions, and track the money that employees spend when they incur expenses for your organisation.

From the powerful data visualisation of Power BI and the artificial intelligence capabilities of Azure to the set of integrated and connected applications offered by Dynamics 365, such as Dynamics 365 Customer Engagement and Talent, Dynamics 365 Finance provides a full end-to-end solution for all your financial needs.

We have created a guide that discusses all of the capability in Dynamics 365 Finance and Supply Chain Management.