Dynamics 365 Finance & Operations Modules List 2026

Dynamics 365 Finance & Operations Modules List 2026

Microsoft Dynamics 365 Finance & Operations — formerly Dynamics AX — is sold as a family of applications under the Dynamics 365 banner. Each application is licensed separately (with attach-licence discounts for additional apps on the same user) and is composed of functional modules. This page lists every Finance & Operations application and module, the licensing tier each falls under, and the dependencies between them.

What's on this page

• The Finance & Operations family
• Dynamics 365 Finance modules
• Dynamics 365 Supply Chain Management modules
• Dynamics 365 Commerce modules
• Dynamics 365 Project Operations modules
• Dynamics 365 Human Resources modules
• Dynamics 365 Intelligent Order Management
• Power Platform integration
• Industry accelerators
• FAQs

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The Finance & Operations family {#fno-family}

The 'Finance & Operations' umbrella covers five base applications:

All applications share the same underlying data model (Common Data Service / Dataverse for the operational store and the Finance & Operations data lake).

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Dynamics 365 Finance modules {#finance-modules}

The financial backbone of the F&O suite.

General Ledger

• Multi-entity, multi-currency, multi-book accounting.
• Configurable financial dimensions (up to 11 segments).
• IFRS, US GAAP, statutory dual-book support.
• Allocations, accruals, and consolidations.

Accounts Payable

• Vendor invoice automation with Invoice Capture (built on Azure AI).
• Three-way matching against POs and receipts.
• Payment journals across cheque, ACH, EFT, virtual card.
• Cash discount handling, withholding tax.

Accounts Receivable

• Customer invoicing and statements.
• Collections management with ageing buckets.
• Credit management and credit holds.
• Free Text Invoicing.

Cash and Bank Management

• Bank reconciliation (manual, MT940, and Power Automate connectors).
• Cash flow forecasting.
• Bank guarantees and letters of credit.

Fixed Assets

• Multi-book depreciation.
• Asset transfer, disposal, splits.
• Mass updates.

Budgeting

• Budget planning workflows.
• Budget control with funds availability checks.
• Position forecasting (in conjunction with HR).

Credit and Collections

• Customer credit limits and credit holds.
• Collection cases and promise-to-pay tracking.

Expense Management

• Mobile expense capture and approval.
• Per diem rates and policy enforcement.
• Corporate card import and reconciliation.

Tax Management

• Native tax engines for ~40 countries.
• Configurable tax codes and reporting.
• Electronic invoicing connectors (Brazil NFe, Italy SDI, India GST, Mexico CFDI).

Subscription Billing

• Recurring billing across consumption, milestone, and subscription contracts.
• Revenue recognition under ASC 606 / IFRS 15.

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Dynamics 365 Supply Chain Management modules {#scm-modules}

The largest application by surface area.

Inventory Management

• Multi-site, multi-warehouse, multi-location tracking.
• Lot, serial, batch traceability.
• Inventory costing methods (FIFO, LIFO, weighted average, standard).

Warehouse Management (WMS)

• Mobile device portal for handheld workflows.
• Wave, batch, and cluster picking.
• Putaway, replenishment, and slotting.
• Cycle counting and physical inventory.

Transportation Management (TMS)

• Rate shopping across carriers.
• Load planning, hub-and-spoke routing.
• Carrier selection and freight reconciliation.

Procurement and Sourcing

• Purchase requisitions, RFQs, blanket POs.
• Vendor onboarding and approval workflows.
• Catalogue management and punchout.

Sales and Marketing

• Sales quotation, order, and invoicing.
• Return order processing.
• Trade allowances and rebates.

Production Control (Manufacturing)

• Discrete, process, and lean manufacturing modes.
• BOM management (multi-level, formulas, co-/by-products for process).
• Production scheduling and routing.
• Shop floor execution with Manufacturing Execution.
• Quality management.

Master Planning (MRP/MPS)

• Demand and supply planning.
• Statistical forecasting via Microsoft Planning Optimisation (in-memory engine).
• Coverage groups and safety stock policies.

Asset Management

• Equipment hierarchy and asset registers.
• Preventive maintenance schedules.
• Work orders and reactive maintenance.
• Spare parts inventory.

Product Information Management

• Product master, variants, configurations.
• Product Engineering Change Management.
• Configure-to-order via Product Configurator.

Cost Management

• Inventory valuation, costing sheets.
• Production cost analysis.
• Standard cost variance reporting.

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Dynamics 365 Commerce modules {#commerce-modules}

For retailers running stores, e-commerce, and call centres from a single platform.

Modules:

• E-commerce storefront (Spryker-style, customisable).
• Retail Point of Sale (Modern POS, Cloud POS).
• Headquarters retail management.
• Channel management and merchandising.
• Loyalty and clientelling.
• Call centre order entry.
• Customer order management with BOPIS, ship-from-store, endless aisle.

Built on top of Supply Chain Management for inventory truth.

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Dynamics 365 Project Operations modules {#project-ops-modules}

Unified solution covering professional services and project-based manufacturing.

Modules:

• Project planning with native Microsoft Project Online integration.
• Resource management (skills, availability, capacity).
• Time and expense capture.
• Project budgeting and forecasting.
• Project billing (T&M, fixed-fee, milestone).
• Revenue recognition for project work.
• Subcontracting and project-based procurement.

Has two deployment options: lite (Dataverse-only, for services firms) and integrated (F&O backend, for project-based manufacturers and capital projects).

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Dynamics 365 Human Resources modules {#hr-modules}

The HRIS layer.

Modules:

• Employee records and org charts.
• Position management.
• Benefits and compensation.
• Leave and absence tracking.
• Performance and goal management.
• Learning management.
• Employee self-service.

US payroll is delivered through ISV partners (Ceridian, ADP, UKG). International payroll requires partner solutions in nearly all cases.

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Dynamics 365 Intelligent Order Management {#iom}

A standalone Dynamics 365 application that orchestrates orders across multiple channels and fulfilment sources — useful for organisations running heterogeneous order capture (commerce, EDI, marketplaces) with one or more fulfilment back-ends (F&O, Business Central, third-party).

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Power Platform integration {#power-platform}

Every F&O module is extensible via the Power Platform:

• Power Apps: custom screens and mobile apps on top of Dataverse-projected F&O data.
• Power Automate: flow-based automation (approvals, integrations, notifications).
• Power BI: embedded analytics across all modules with native F&O connectors.
• Copilot: AI assistants in Finance (close acceleration), Supply Chain (newsfeed insights), Sales (lead qualification), and more.

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Industry accelerators {#industry-accelerators}

Microsoft offers industry solutions that layer on top of F&O:

• Microsoft Cloud for Manufacturing (process and discrete).
• Microsoft Cloud for Retail.
• Microsoft Cloud for Financial Services.
• Microsoft Cloud for Healthcare.
• Microsoft Cloud for Sustainability (carbon accounting).

These provide pre-built data models, sample apps, and partner solutions on top of the F&O foundation.

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FAQs {#faqs}

What's the difference between Dynamics 365 Finance and Business Central?

Finance (part of F&O) targets mid-market and enterprise multi-entity organisations with complex finance requirements. Business Central targets small business and lower mid-market with simpler needs. Finance starts at $210/user/month (£165/user/month); Business Central at $70/user/month (£55/user/month).

How does the attach licence work?

The first F&O application a user is assigned is the base licence (typically $210/month, £165/month). Additional F&O applications on the same user are licensed at the attach rate of $30/user/month (£24/user/month) each — a ~85% discount. The first app should be the highest-priced qualifying app.

Which Dynamics 365 module covers manufacturing?

Production Control inside Dynamics 365 Supply Chain Management. It covers discrete, process, and lean modes, with full MRP, shop floor, and quality. Engineer-to-order is supported via Product Configurator.

Does Dynamics 365 F&O include CRM?

No — CRM lives in the Customer Engagement applications (Sales, Customer Service, Field Service, Marketing). These integrate with F&O via Dataverse but are licensed and architected separately.

Can I just buy Dynamics 365 Finance without Supply Chain?

Yes. Each F&O application is licensed independently. Many services firms buy Finance + Project Operations without Supply Chain.

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Next steps

• Dynamics 365 F&O price list 2026
• Compare Dynamics 365 F&O vs alternatives
• Find a Dynamics 365 partner
• Get a custom Dynamics 365 quote