Exam MB4-873:

Microsoft Dynamics SL 2011 Financials

Published:June 23, 2011
Language(s):English
Audience(s):Information Workers
Technology:Microsoft Dynamics SL 2011
Type:Proctored Exam

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About this Exam

This certification exam measures your ability to implement, use, maintain, or consult on Microsoft Dynamics SL 2011, including working with the following modules in Microsoft Dynamics SL 2011: Accounts Payable, Accounts Receivable, Cash Manager, and General Ledger.

Exam Topics Covered
The following list includes the topic areas covered on this exam.
  • Work with Accounts Payable in Microsoft Dynamics SL 2011
  • Work with Accounts Receivable in Microsoft Dynamics SL 2011
  • Work with Cash Manager in Microsoft Dynamics SL 2011
  • Work with General Ledger in Microsoft Dynamics SL 2011
Audience Profile

Individuals who want to obtain certification on Microsoft Dynamics SL 2011 Financials should take this exam. It is written for administrators, office managers, and consultants who must understand the technical aspects of Microsoft Dynamics SL 2011. 

 

Additional Skills Recommended:

General working knowledge of Microsoft Windows operating systems and basic accounting knowledge.

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.

Work with Accounts Payable in Microsoft Dynamics SL 2011 (25 percent)

  • Set up and maintain vendors and vendor information.
    • This object may include, but is not limited to: establish identification codes for vendors; Vendor Maintenance window; perform vendor inquiries; Vendor Inquiry window
  • Set up and maintain voucher and adjustment documents for vendor invoices.
    • This objective may include, but is not limited to: batch entry; Voucher and Adjustment Entry window; edit vendor document information on reports; determine which vouchers to define as recurring vouchers; create recurring vouchers
  • Manage payments and checks and print checks.
    • This objective may include, but is not limited to: determine which documents should be paid; determine which method to use for payment selection; edit amounts, discount, and items selected for payment; choose the appropriate Check Handling option; void a check and determine whether the voucher should be re-paid; reconcile checks; clear checks issued to vendors; issue prepayments; Quick Voucher and Pre-Payment Entry window
  • Perform Accounts Payable month-end and year-end procedures.
    • This objective may include, but is not limited to: balance Accounts Payable to General Ledger; determine when to close Accounts Payable for the period; 1099 reporting

Work with Accounts Receivable in Microsoft Dynamics SL 2011 (27 percent)

  • Set up and maintain customers.
    • This objective may include, but is not limited to: define default values for customers; understand the uses of the customer classes; Customer Maintenance and Customer Class Maintenance windows; perform customer inquiries; define statement cycles for customers
  • Create and maintain invoice, debit memo, and credit memo documents.
    • This objective may include, but is not limited to: batch entry; Invoice and Memo Entry window; edit documents; determine when invoices should be defined as recurring invoices; create recurring invoices; process recurring invoices to generate a batch
  • Create and manage payments.
    • This objective may include, but is not limited to: Payment Application and Payment Entry windows; apply payments and credit memos to customer invoices; reverse payment applications; reassign payments to different customers; void payments; write off small balances and credits
  • Perform Accounts Receivable month-end procedures.
    • This objective may include, but is not limited to: balance Accounts Receivable to General Ledger; determine when to close Accounts Receivable for the period; apply finance charges; age customer balances; process customer statements

Work with Cash Manager in Microsoft Dynamics SL 2011 (23 percent)

  • Understand Cash Manager integration with other Microsoft Dynamics SL 2011 modules.
    • This objective may include, but is not limited to: General Ledger, Accounts Payable, Accounts Receivable, and Payroll; understand how and when cash balances are updated
  • Set up and maintain accounts and entry types.
    • This objective may include, but is not limited to: understand which accounts should be tracked; determine the beginning balance for an account; define Entry Types for tracking transactions
  • Set up and maintain transactions for cash accounts and transfers between them.
    • This objective may include, but is not limited to: Cash Transaction and Transfers windows; determine when transactions should be defined as recurring items; set up recurring items; process recurring items to generate a batch
  • Manage cash flow and cash flow projections.
    • This objective may include, but is not limited to: define cash flow items for use in reporting; produce a Cash Flow Projection report; understand what-if reporting; view daily cash balances
  • Perform Cash Manager reconciliations and month-end procedures.
    • This objective may include, but is not limited to: balance Cash Manager; decide when to close Cash Manager for the period; enter additional transactions found on bank statements; clear ranges of checks and deposits; delete bank reconciliations; Bank Reconciliation window; import bank reconciliation files; clear imported items; Clear Check/Deposit Import Setup window; CA Integrity Check window
Work with General Ledger in Microsoft Dynamics SL 2011 (25 percent)
  • Set up and maintain accounts, subaccounts, and ledgers.
    • This objective may include, but is not limited to: add new account numbers to the Chart of Accounts window; add new subaccount segments; define and use account classes; define account and subaccount segments using the FlexKey Table Maintenance and FlexKey Definition windows; Chart of Accounts Maintenance and Account Class Maintenance windows; use ledgers in data entry and reporting
  • Set up and maintain transaction batches.
    • This objective may include, but is not limited to: batch entry; create journal transaction batches; differentiate the types of journal transaction batches; determine when to use the different batch handling options; determine when to use the manual and recurring batch types; create and maintain manual and recurring batches
  • Set up and maintain allocation transactions.
    • This objective may include, but is not limited to: define allocation groups; process allocation transactions; understand allocation methods
  • Post transactions.
    • This objective may include, but is not limited to: post batches of transactions using the Post Transactions window; determine which batches should be posted; post selected batches
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.
Classroom Training
Microsoft E-Learning There is no Microsoft E-Learning training currently available.
Microsoft Press Books There are no Microsoft Press books currently available.
Practice Tests There are no practice tests currently available.
Microsoft Online ResourcesAccounts Payables, Accounts Receivable, Cash Manager, and General Ledger online manuals are available in Online Help within the Microsoft Dynamics SL product.
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