20 Dynamics 365 Finance and Operations Interview Questions and Answers

Dynamics 365 Finance and Operations is a cloud-based enterprise resource planning system. It helps businesses automate and streamline their financial and operational processes. If you are interviewing for a position that involves using or working with Dynamics 365 Finance and Operations, you should be prepared to answer questions about the system. In this article, we will review some of the most common interview questions about Dynamics 365 Finance and Operations.

Dynamics 365 Finance and Operations Interview Questions and Answers

Here are 20 commonly asked Dynamics 365 Finance and Operations interview questions and answers to prepare you for your interview:

1. What is Dynamics 365 Finance and Operations?

Dynamics 365 Finance and Operations is a cloud-based enterprise resource planning (ERP) system that helps organizations manage their financials, supply chain, and operations. The system includes a suite of applications, including financials, manufacturing, supply chain, and project service automation.

2. Can you describe the main components of Dynamics 365 Finance and Operations?

The main components of Dynamics 365 Finance and Operations are the General Ledger, Accounts Payable, Accounts Receivable, and Inventory modules. These modules work together to provide a complete financial management solution for businesses.

3. What are some common use cases for Dynamics 365 Finance and Operations?

Dynamics 365 Finance and Operations is a cloud-based enterprise resource planning (ERP) solution that helps businesses manage their financials, supply chain, and operations. It can be used for a variety of purposes, such as managing inventory, tracking orders and shipments, and analyzing data to make better business decisions.

4. How does Microsoft’s Dynamics 365 compare to other products like Oracle, SAP, or NetSuite?

Dynamics 365 is a cloud-based product that offers a suite of applications, including financials, operations, and customer relationship management. The main difference between Dynamics 365 and other products is that it is designed to be highly customizable and can be easily integrated with other Microsoft products.

5. What are some common mistakes people make when implementing and using Dynamics 365 Finance and Operations?

Some common mistakes people make when implementing and using Dynamics 365 Finance and Operations include:

– Not taking advantage of the built-in functionality and instead trying to recreate existing functionality in the system.
– Not properly configuring security, which can lead to data breaches or unauthorized access.
– Not properly testing the system before going live, which can lead to errors and unexpected behavior.
– Not training users on the system properly, which can lead to confusion and frustration.

6. What do you think about the security model in Dynamics 365 Finance and Operations?

The security model in Dynamics 365 Finance and Operations is very robust and provides a great deal of control over who has access to which data and functionality. I think it is a great model that can be customized to fit the needs of any organization.

7. What are some best practices for managing large data sets with Dynamics 365 Finance and Operations?

There are a few best practices to follow when managing large data sets with Dynamics 365 Finance and Operations:

– Use the data management workspace to organize and manage your data.
– Use data entities to import and export data.
– Use data partitions to improve performance when working with large data sets.

8. Can you explain how the application works on a technical level?

Dynamics 365 Finance and Operations is a cloud-based enterprise resource planning (ERP) system that helps organizations manage their financial and operational processes. The application is built on Microsoft’s Azure cloud platform and uses a variety of Microsoft technologies, including .NET, SQL Server, and Power BI.

9. What are some best practices for creating a hybrid solution that includes both cloud-based and on-premise features?

One best practice is to use a single codebase for both the cloud-based and on-premise features. This will make it easier to manage and maintain the code. Another best practice is to use a common data model for both the cloud-based and on-premise features. This will make it easier to share data between the two environments.

10. Do you have any tips for making sure development teams work efficiently together when using Dynamics 365 Finance and Operations?

One of the most important things you can do is to make sure that everyone is on the same page when it comes to the development process. One way to do this is to create a development roadmap that everyone can reference. This roadmap should include milestones for each team and individual, as well as deadlines for each task. By having this roadmap in place, everyone will know what needs to be done and when it needs to be done, which can help to keep the development process running smoothly.

11. Explain your understanding of Microsoft Lifecycle Services (LCS)?

LCS is a cloud-based environment that helps organizations manage the application lifecycle of their Microsoft Dynamics 365 Finance and Operations deployments. It includes tools for development, testing, and deploying applications. It also provides a centralized place for tracking issues and monitoring the health of deployments.

12. What type of approach would you recommend to migrate existing ERP systems to Dynamics 365 Finance and Operations?

One approach would be to use the Microsoft Dynamics 365 Finance and Operations Data Migration Framework. This is a tool that helps with the assessment, planning, and execution of data migration projects.

13. What is an Entity Store? What is its significance in Dynamics 365 Finance and Operations?

An Entity Store is a database that stores data from Dynamics 365 Finance and Operations in a format that is optimized for reporting and analytics. The Entity Store is updated regularly with new data from Finance and Operations, so it is always up-to-date and can be used for reporting and analytics purposes. The Entity Store is a key part of the Finance and Operations platform, and it is used by many organizations to improve their reporting and analytics capabilities.

14. What is meant by “deployment slots” in context to Azure App Service? How can it be used to ensure minimal downtime during deployments?

A deployment slot is a reserved instance of an Azure App Service that can be used for staging deployments. This allows for new versions of an app to be deployed and tested in a separate environment before being pushed to production, ensuring that any potential issues can be identified and resolved before they impact users. By using deployment slots, it is possible to minimize downtime during deployments, as the old version of the app can remain online while the new version is being deployed.

15. What languages can be used to create extensions for Dynamics 365 for Finance and Operations?

The languages that can be used to create extensions for Dynamics 365 for Finance and Operations are C# and Visual Basic.

16. What are Visual Studio Team Services (VSTS) and what role do they play in developing customizations for Dynamics 365 for Finance and Operations?

VSTS is a cloud-based application lifecycle management tool that helps developers manage the process of developing customizations for Dynamics 365 for Finance and Operations. VSTS provides a centralized place for developers to manage their code, work items, and builds. It also integrates with other tools in the Microsoft ecosystem, such as Azure DevOps, to provide a complete solution for customizing Dynamics 365 for Finance and Operations.

17. What is Data Management Framework and why is it important?

The Data Management Framework is a set of tools that helps organizations manage their data more effectively. It includes a data dictionary, data quality management, and data governance. The Data Management Framework is important because it helps organizations to ensure that their data is accurate and consistent, and that they have the ability to control and monitor access to their data.

18. What is meant by “configuration packages”? Give me an example of a configuration package you created recently.

Configuration packages are a way of packaging up changes to the configuration of a Dynamics 365 Finance and Operations system. For example, if you add a new field to a form, that change can be saved in a configuration package. Configuration packages can be deployed to other environments, making it easy to move changes between systems.

19. What is the purpose of UnitOfWork class in D365FO?

The UnitOfWork class is responsible for managing the database transactions in D365FO. This class is used to track all the changes made to the data in the system and then submit those changes to the database in a single transaction. This ensures that all the changes are either committed or rolled back together, which helps maintain data integrity.

20. What tools would you use to monitor performance issues in production environments?

There are a few different tools that can be used to monitor performance issues in production environments. One option is to use the built-in monitoring tools that come with Dynamics 365 Finance and Operations. Another option is to use a third-party monitoring tool, such as New Relic or AppDynamics.