Summary
In this chapter, we discussed the introduction of ERP and its main characteristics of modules integration, with the general ledger at a high level (it will be covered in detail in the next chapters), and posting types in Microsoft Dynamics 365 for Finance and Operations. We also explored the ERP implementation team and the role of the application consultant in an implementation project. Then, we covered the cloud offering, ERP on the cloud, and then covered ERP reporting levels and needs, after which we moved on to the Microsoft implementation methodology, Sure Step, and LCS, and explored the interface of Microsoft Dynamics 365 for Finance and Operations.
In the next chapter, we will cover the general ledger, main account types, classifications, and control points. We will also explore the practices in the financial implementations of Microsoft Dynamics 365 for Finance and Operations.
