Financial Consolidations in Microsoft Dynamics 365 for Finance and Operations — Lesson 3: Consolidation Processing, Adjustments and Validation

Learning Objectives

• Run online or file-based consolidation, currency translation, eliminations, and adjustments
• Reconcile source balances, retained earnings, ownership, exceptions, and processing evidence
• Validate consolidation processing, adjustments and validation decisions with documented requirements, test evidence, risk controls, and measurable acceptance criteria

Detailed Topics

• Run online or file-based consolidation: Run online or file-based consolidation, currency translation, eliminations, and adjustments
• Reconcile source balances: Reconcile source balances, retained earnings, ownership, exceptions, and processing evidence
• Validate consolidation processing: Validate consolidation processing, adjustments and validation decisions with documented requirements, test evidence, risk controls, and measurable acceptance criteria

Guided Demonstration

1. Review the requirement, users, data, dependencies, permissions, risks, and expected result.
2. Demonstrate the relevant configuration, creation, administration, analysis, automation, or security workflow step by step.
3. Capture settings, outputs, logs, screenshots, calculations, test results, and other useful evidence.
4. Compare the observed result with acceptance criteria and explain any corrective action.

Hands-On Activity

Execute a controlled consolidation and resolve validation differences.

• Document assumptions, prerequisites, and the planned sequence before starting.
• Complete the activity and preserve evidence of normal, boundary, and failure behavior.
• Record issues, corrective actions, reusable notes, and the next improvement priority.

Scenario Analysis

• Identify the business or technical decision that must be made.
• Compare valid implementation approaches and their trade-offs.
• Consider security, privacy, accessibility, performance, support, and operational impact.

Troubleshooting Focus

• Separate symptoms from causes and collect evidence before applying a fix.
• Check configuration, data, permissions, dependencies, capacity, connectivity, and recent changes.
• Validate rollback, recovery, ownership, user impact, and business continuity.

Validation Checklist

• The requirement, scope, inputs, and expected outcome are clear.
• The selected design or configuration is documented and follows approved standards.
• Normal, boundary, failure, security, accessibility, and operational conditions are reviewed.
• The result is supported by evidence and the next improvement is prioritized.

Lesson Outcome

Learners can explain and apply Consolidation Processing, Adjustments and Validation in a realistic scenario and validate the result with documented evidence.