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Microsoft MB7-515 Exam Syllabus Topics:

SectionWeightObjectives
Multicurrency Operations11%- Currency Setup and Adjustment
  • 1. Additional Reporting Currency
  • 2. Update Exchange Rates
Business Intelligence & Period End11%- Year-End Closing
  • 1. Annual Closing Procedures
- Financial Analysis
  • 1. Chart of Accounts Analysis
  • 2. Dimension-Based Analysis
  • 3. Account Schedules
Payables and Receivables34%- Customer Management
  • 1. Reminders and Finance Charges
  • 2. Apply Customer Ledger Entries
- Payments and Discounts
  • 1. Unapply and Reverse Transactions
  • 2. Payment Discounts and Tolerances
  • 3. Payment Journals
- Vendor Management
  • 1. Apply Vendor Ledger Entries
General Ledger and Taxes14%- General Ledger Setup
  • 1. Chart of Accounts Configuration
  • 2. GL Parameters
- Tax and VAT
  • 1. VAT Entries and Adjustments
- Bank and Budgeting
  • 1. GL Budget Creation
  • 2. Bank Reconciliation
Application Setup30%- Journal Management
  • 1. Journal Templates, Batches and Entries
  • 2. Recurring Journals
  • 3. Posting Journal Entries
  • 4. Posting Corrections
- Company and Dimensions Setup
  • 1. Create New Company via RIM Toolkit
  • 2. Default Dimensions
  • 3. Dimensions and Dimension Values
  • 4. Combining Dimensions
- Posting Groups
  • 1. Determining Posting Groups
  • 2. Specific, General, and VAT Posting Groups
- Security and User Management
  • 1. Advanced Security Setup
  • 2. Logins, Roles and Permissions

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