Microsoft GP 2013 Financials - MB3-701

Microsoft MB3-701 Actual PDF
  • Exam Code: MB3-701
  • Exam Name: Microsoft GP 2013 Financials
  • Updated: Oct 18, 2026
  • Q & A: 75 Questions and Answers
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Microsoft MB3-701 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: General Ledger Setup and Configuration30%- Chart of Accounts
  • 1. Multicurrency setup
    • 2. Account types and classifications
      • 3. Fiscal periods and calendars
        - Journal Entry Management
        • 1. Standard and recurring journals
          • 2. Posting and reconciliation
            Topic 2: Fixed Assets, Bank Management & Periodic Processes20%- Year-End Closing
            • 1. Closing procedures and financial reporting
              - Fixed Assets
              • 1. Transfers and disposals
                • 2. Asset books and depreciation
                  - Bank Reconciliation
                  • 1. Checkbooks and reconciliation routines
                    Topic 3: Accounts Payable25%- Vendor Setup
                    • 1. Vendor classes and posting profiles
                      • 2. Payment terms and discounts
                        - Transactions and Processing
                        • 1. Invoice entry and approval
                          • 2. Payment runs and settlements
                            Topic 4: Accounts Receivable25%- Sales and Receipts
                            • 1. Invoice and credit memo processing
                              • 2. Cash receipts and application
                                - Customer Setup
                                • 1. Credit limits and terms
                                  • 2. Customer classes and posting accounts

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