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TESTED 16 Aug

Microsoft MB6-702 Exam | Microsoft Dynamics AX 2012 R3 Financials

Vendor : Microsoft

Related Certifications:MBS,Microsoft Dynamics AX

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Last Updated: Jul 12, 2018
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MB6-702 Microsoft Dynamics AX 2012 R3 Financials

MB6-702 Microsoft Dynamics AX 2012 R3 Financials exam is designed for the individuals who are responsible for the administration and usage of Financial Management modules and Fixed Assets  in Microsoft Dynamics AX 2012 R3. The ability of a candidate who is responsible for the assessment of a customer need and to advise them for the customization and configuration of the application is checked and evaluated.

MB6-702 Microsoft Dynamics AX 2012 R3 Financials Exam Topics

The topics to be included in the exam are given below in detail for providing a guideline to the candidates to prepare for the exam

Microsoft Dynamics AX 2012 R3 Configuration

25-30 % questions in the exam are designed to check the knowledge of candidates about Microsoft Dynamics AX 2012 R3 Configuration that includes the ability of a candidate required to set up the general ledger, journals and chart of accounts is checked and validated by the exam. The ability to define the cash, bank management and procedures is checked and evaluated by the exam.

The candidates are required to set up accounts payable and accounts receivable that requires creating payment terms and schedules, defining cash discounts and payment fees, defining match policies and tolerances, defining aging periods.

The ability of a candidate required to set up currencies and sales tax, create ledger posting groups and create sales tax group and sales tax codes as well as the ability to set up a sales tax jurisdiction.

Microsoft Dynamics AX 2012 Management

25-30 % questions in the exam are to check the knowledge about Microsoft Dynamics AX 2012 Management. The candidates need to manage general ledger daily and periodic procedure. The candidates are required for managing commitment accounting and cash flow that includes defining a cash flow forecast budget model, creating and calculating cash flow transactions, defining a cash flow forecast budget model is expected from the candidates while taking this exam. Managing advanced payments and maintaining bank accounts is also required from the candidates while taking this exam.

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Definition and Management of Budgets

15-20% questions in the exam are designed to check the knowledge and ability of candidates about definition and management of budgets. The candidates need to make themselves prepared for planning budgets that requires identifying budget components, creating organizational hierarchies and configuring support for budget planning templates. Creation of basic budgets that includes creating budget models and codes, defining and creating encumbrances, creating budget register entries , processing year – end purchase orders as well as the management of purchase order encumbrances is expected from the candidates while taking this exam.

Configuration and Management of Fixed Assets

The configuration of fixed assets module that requires creation of value models, setting up fixed assets parameters, management of depreciation books, setting up depreciation profiles and managing provision types and bonus depreciation. The ability to set up assets that requires lending assets, identifying fixed assets module components is checked and evaluated by the exam. Asset transaction management that requires creating and acquiring Fixed assets from purchase orders is expected from the candidates while taking this exam.

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