MS Learn Highlights – 5/22/2025

Managing the Global Address Book in Project Operations

This document provides guidance on how to activate and use the global address book in Microsoft Dynamics 365 Project Operations, specifically tailored for resource-based or non-stocked scenarios.

Activation Steps

1. Navigate to Project Operations.
2. Select Sales from the menu.
3. Access the Global Address Book settings.
4. Enable the global address book feature by toggling the appropriate setting.

Usage Instructions

• After activation, you can:
  • Access the global address book from any sales-related area within Project Operations.
  • Use the address book to find and manage contacts relevant to your projects.

Important Features

• The global address book consolidates information and improves accessibility to contacts across various operations.
• It facilitates streamlined communication and collaboration within teams.

Considerations

• Ensure that users have the necessary permissions to access and manage the global address book effectively.

For further details, you can refer to the original article: Manage the global address book | Microsoft Learn.

Plan Your Chart of Accounts

This article provides guidance on planning a chart of accounts (CoA) for an organization within Microsoft Dynamics 365 Finance. A CoA is a structured list of general ledger accounts that facilitates accurate financial reporting.

Key Components of Chart of Accounts Planning

• Definition: A structured framework for organizing financial accounts for a legal entity.
• Purpose: To support financial reporting, budgeting, and compliance.

Steps to Plan Your Chart of Accounts

1. Define Account Structure:

   • Identify the primary reporting requirements.
   • Select a structure that supports these requirements efficiently.

2. Identify Account Categories:

   • Determine the main categories of accounts necessary for your organization (e.g., assets, liabilities, revenues, expenses).

3. Specify Account Types:

   • Classify accounts as either balance sheet or income statement accounts.

4. Create Account Codes:

   • Develop a coding system that is intuitive and meaningful, reflecting your organization’s structure.

5. Review and Validate:

   • Ensure that the proposed chart aligns with both internal needs and compliance requirements.
   • Seek input from stakeholders to validate the design.

6. Implement and Monitor:

   • Implement the chart of accounts in the system.
   • Continuously monitor its effectiveness and make adjustments as necessary.

Benefits of a Well-Structured Chart of Accounts

• Enhanced financial reporting accuracy.
• Improved budgeting processes.
• Better regulatory compliance.

For more comprehensive guidance and best practices, refer to the original article: Plan your chart of accounts - Finance | Dynamics 365.

Financial Dimensions

Overview

Financial dimensions are essential for recording and analyzing financial data in Microsoft Dynamics 365 Finance. This article details types of financial dimensions, custom dimension setup, activation processes, and translation options.

Types of Financial Dimensions

• Standard Dimensions: Pre-defined in the system.
• Custom Dimensions: Created by users to address specific business requirements.

Setting Up Financial Dimensions

1. Create Custom Dimensions:

   • Navigate to the Financial dimensions workspace.
   • Select New to initiate a dimension.
   • Specify the dimension’s properties.

2. Activate Dimensions:

   • Go to the Financial dimensions management section.
   • Choose the dimensions to activate.
   • Set configurations according to business needs.

3. Translate Dimensions:

   • Access the Translation feature from the dimension settings.
   • Provide translations for different languages as needed.

Key Features

For more detailed guidelines, refer to the original article: Financial dimensions - Finance | Dynamics 365