Exam MB3-859:

Microsoft Dynamics GP 2010 Financials

Published:August 12, 2010
Language(s):English
Audience(s):Information Workers
Technology:Microsoft Dynamics GP 2010
Type:Proctored Exam

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Preparing for an Exam
This certification exam measures your ability to implement, use, maintain, consult, or support Microsoft Dynamics GP 2010 Financials effectively.
Exam Topics Covered
The following list includes the topic areas covered on this exam.
  • Understanding System and Company Setup in Microsoft Dynamics GP 2010
  • Setting Up and Maintaining General Ledger
  • Setting Up and Maintaining Receivables Management
  • Setting Up and Maintaining Fixed Assets
  • Setting Up and Maintaining Payables Management
  • Setting Up and Maintaining Bank Reconciliation
Audience Profile
Individuals wishing to obtain a certification on Microsoft Dynamics GP 2010 Financials should take this exam.
Credit Toward CertificationWhen you pass Exam MB3-859: Microsoft Dynamics GP 2010 Financials, you complete the requirements for the following certification(s):Exam MB3-859: Microsoft Dynamics GP 2010 Financials: counts as credit toward the following certification(s):
Note This preparation guide is subject to change at any time without prior notice and at the sole discretion of Microsoft. Microsoft exams might include adaptive testing technology and simulation items. Microsoft does not identify the format in which exams are presented. Please use this preparation guide to prepare for the exam, regardless of its format.
Skills Being MeasuredThis exam measures your ability to accomplish the technical tasks listed below.The percentages indicate the relative weight of each major topic area on the exam.The higher the percentage, the more questions you are likely to see on that content area on the exam.

The information after “This objective may include but is not limited to” is intended to further define or scope the objective by describing the types of skills and topics that may be tested for the objective. However, it is not an exhaustive list of skills and topics that could be included on the exam for a given skill area. You may be tested on other skills and topics related to the objective that are not explicitly listed here.
Understanding System and Company Setup in Microsoft Dynamics GP 2010 (18%)
  • Understand navigation and integration elements.
    • This objective may include but is not limited to: integration between modules, lookup windows, common fields in Microsoft Dynamics windows, Navigation Pane, Home Pages, menus, shortcuts.
  • Understand SmartLists, reports, and inquiries.
    • This objective may include but is not limited to: Microsoft Word templates, Microsoft Office Excel reports, report options.
  • Understand system and posting setups.
    • This objective may include but is not limited to: security setup, user and user class setup, alternate and modified forms setup.
  • Understand company setup procedures.
    • This objective may include but is not limited to: how to create companies, how to define account formats, fiscal period setup, tax setup, tax calculations, shipping methods, payment terms.
  • Understand customization and utilities.
    • This objective may include but is not limited to: checklists, toolbars, table descriptions.
Setting Up and Maintaining General Ledger (17%)
  • Set up General Ledger.
    • This objective may include but is not limited to: set up intercompany relationships, categories, account segments.
  • Set up accounts and maintain account records.
    • This objective may include but is not limited to: posting accounts, unit accounts, allocation accounts, account summary, account history.
  • Set up and use budgets. 
    • This objective may include but is not limited to: calculation methods, import and export with Excel.
  • Enter General Ledger transactions.
    • This objective may include but is not limited to: quick journals, recurring transactions, group transactions in batches, intercompany transactions, enter beginning balances.
  • Set up organizational structures.
    • This objective may include but is not limited to: assign user classes and users, assign accounts, set up account security.
  • Perform General Ledger period-end and year-end procedures.
    • This objective may include but is not limited to: run the Reconcile utility, set up and run financial statements, manage and remove historical transactions, close a fiscal year.
Setting Up and Maintaining Receivables Management (16%)
  • Set up Receivables Management.
    • This objective may include but is not limited to: set up refund checks, set up sales people and sales territories.
  • Set up customers.
    • This objective may include but is not limited to: national accounts, customer classes, manage customer accounts.
  • Enter and edit Receivables transactions.
    • This objective may include but is not limited to: scheduled payments, enter beginning balances, batch and transaction entry, void transactions.
  • Enter cash receipts and apply documents.
    • This objective may include but is not limited to: apply all types of posted transactions.
  • Perform Receivables Management period-end and year-end procedures.
    • This objective may include but is not limited to: maintain transactions, remove historical transactions, reconcile summary and detail customer information, Receivables Aged Trial Balance reports, closing calendar and fiscal year.
Setting Up and Maintaining Fixed Assets (16%)
  • Set up the Fixed Assets module.
    • This objective may include but is not limited to: books, classes, book classes, accounts.
  • Set up assets. 
    • This objective may include but is not limited to: assign depreciation methods, assign assets to books and classes, year-to-date and life-to-date depreciation for existing assets, add a new asset.
  • Perform depreciation and depreciation projections for assets.
    • This objective may include but is not limited to: preview reports.
  • Maintain assets.
    • This objective may include but is not limited to: transfer or retire assets, view asset history.
  • Perform Fixed Assets period-end and year-end procedures.
    • This objective may include but is not limited to: run the Fixed Assets utilities, post to General Ledger, close the Fixed Assets fiscal year.
Setting Up and Maintaining Payables Management (16%)
  • Set up Payables Management. 
    • This objective may include but is not limited to: aging periods, apply document method, document defaults.
  • Set up and maintain vendors and vendor classes.
    • This objective may include but is not limited to: vendor summary, delete vendors, change vendor records, place or remove holds on vendors.
  • Enter Payables transactions.
    • This objective may include but is not limited to: batch entry, transaction entry, intercompany transactions, scheduled payments, enter beginning balances.
  • Apply and maintain Payables documents.
    • This objective may include but is not limited to: apply payments and other documents, void transactions, edit transactions.
  • Process payments.
    • This objective may include but is not limited to: enter manual payments, enter partial payments, create and print computer checks, process remittances.
  • Perform Payables Management period-end and year-end procedures.
    • This objective may include but is not limited to: remove historical information, Payables Aged Trial Balance reports.
Setting Up and Maintaining Bank Reconciliation (17%)
  • Set up Bank Reconciliation. 
  • Set up and maintain checkbooks.
    • This objective may include but is not limited to: enter beginning balances.
  • Enter bank transactions and transfers.
    • This objective may include but is not limited to: print checks for miscellaneous items.
  • Enter bank deposits.
    • This objective may include but is not limited to: choose the appropriate deposit type.
  • Reconcile bank statements.
    • This objective may include but is not limited to: bank adjustments.
  • Maintain transactions.
    • This objective may include but is not limited to: void transactions, remove historical information, transaction flow and integration.
Preparation Tools and ResourcesTo help you prepare for this exam, Microsoft Learning recommends that you have hands-on experience with the product and that you use the following training resources. These training resources do not necessarily cover all of the topics listed in the "Skills Measured" tab.
Learning Plans and Classroom Training
Microsoft E-Learning
  • 80228AE: Receivables Management in Microsoft Dynamics GP 2010 (5 Hours)
  • 80224AE: Introduction to Microsoft Dynamics GP 2010 (6 Hours)
  • 80227AE: Payables Management in Microsoft Dynamics GP 2010 (6 Hours)
  • 80225AE: General Ledger in Microsoft Dynamics GP 2010 (6 Hours)
  • 80223AE: Fixed Assets in Microsoft Dynamics GP 2010 (5 Hours)
  • 80222AE: Bank Reconciliation in Microsoft Dynamics GP 2010 (2 Hours)
Microsoft Press Books There are no Microsoft Press books currently available.
Practice Tests There are no practice tests currently available.
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