Processing Payments & Journals

• Creating as well as processing common journal entries
• Processing journals of a cash receipt
• Processing payment recordings
• Completing a bank conciliation
• Reversing issued journals
• Removing vendor ledger entries
• Running the Suggest Vendor Payments process
• Processing payment journals
• Removing customer ledger entries

Topics of Microsoft MB-800: Microsoft Dynamics 365 Business Central Functional Consultant Exam

Candidates should apprehend the examination topics before they begin preparation, because it will extremely facilitate them in touch the core. Our MB-800 exam dumps will include the following topics:

Create and configure a new company

• Create a new company in the cloud-based version of Business Central by using Assisted Setup
• Create a configuration worksheet
• Create a new company by copying data from an existing company
• Validate migrated data by using trial balances
• Describe the use cases and capabilities of RapidStart Services
• Create a new company in the on-premises version of Business Central
• Migrate on-premises data to a cloud-based version of Business Central
• Import and apply a configuration package
• Dreate and export a configuration package
• Create journal opening balances
• Describe the process for migrating data

Manage security

• Create and assign permission sets and permissions
• Apply security filters
• Set up new user and user groups
• Create and manage user profiles

Set up core app functionality

• Set up printers for on-premises and cloud-based installations
• Set up and use job queues
• Set up company information
• Set up number series
• Set up report selections
• Set up an email

Set up dimensions

• Set up global dimensions and shortcut dimensions
• Set up default dimensions for an account type
• BSlock combinations of dimensions or dimension values
• Set up dimensions and dimension values
• Set up default dimension for a single account and multiple accounts

Set up and manage approvals by using workflows

• Set up a purchase document approval system
• Set up a sales document approval system
• Set up a notification system
• Set up document approvals
• Set up an approval hierarchy

Process payments and journals

• Create and process general journal entries
• Remove customer ledger entries
• Remove vendor ledger entries
• Run the Suggest Vendor Payments action
• Process cash receipt journals
• Process payment registrations
• Reverse posted journals
• Complete a bank reconciliation
• Process payment journals

Manage inventory costing

• Describe the adjusted cost item entries posting process
• Set up automatic cost posting
• Describe the relationship between items, item ledger entries, and value entries
• Set up expected cost posting
• Create and manage inventory periods

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-800

MB-800 Exam Domains

The Microsoft MB-800 test measures the candidates' abilities to accomplish the tasks like configuring financials, setting up Business Central, purchasing and sales, and performing the basic operations within this application. The exam assesses the applicants' expertise in the next areas:

• Organize financials

  The second tested objective revolves around organizing the financials of the company. As a functional consultant, it also counts in your job to look after the financials and configure them at an expert level. This domain tests the candidate's knowledge about setting up a financial module as well as the charts of the accounts. Besides that, one should learn more about setting up journals, bank accounts, accounts receivables, and payables. Studying the topics such as making posting groups, creating accounting periods and a fiscal year, setting up direct posting, making batches, vendor accounts, and utilizing payment services also plays an important role while preparing for MB-800 exam.

• Configure purchasing & sales

  The fourth tested area covers setting up the inventory of the products, configuring the pricing and discounts on them. Candidates also need to gain experience in the proper configuration of master data for the purchasing and sales of the firm. This section includes several subtopics such as creating locations and items and working with the units of measure, setting up customer and vendor settings, the configuration of invoice discounts, providing best price calculations, etc.

• Accomplish business central operations

  The third tested area emphasizes performing basic Business Central tasks that involve roles' customization, implementing and saving filters, handling data updates, and others. Applicants will also come across the principles of purchasing and selling items and processing the financial documents in this domain. The candidate's ability to manage inventory costing and processing journals and payments is also included in the exam syllabus.

• Set up business central

  Under this domain, one should demonstrate proficiency in creating and configuring a new company, managing its security, and configuring dimensions. They also have to be able to perform responsibilities related to setting of core app functionality as a consultant. Moreover, managing approvals by using the workflows are also part of the test's content. This domain accounts for 20-25% of the exam weight, so one needs to pay enough attention to the topics covered. These include the configuration of a new company, working with configuration package, migrating data and validating it, administering user profiles, implementing security filters, setting up job queues as well as number series and report selections, and configuring a notification system, among the rest.