Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Practice Exam

Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Practice Exam

About Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Exam

The Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Exam has been developed to measure the skills and knowledge of the candidate to complete tasks including

• Ability to set up Business Central
• Ability to configure financials
• Ability to configure sales and purchasing
• Ability to perform Business Central operations
  

Who should take the exam?

The Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Exam are functional consultants who are responsible to implement core application setup processes for small and medium businesses.

Roles and Responsibilities

The candidates are required to perform the following roles - 

• Implementing and configuring Microsoft Dynamics 365 Business Central
• Setting up core functionality and modules
• Migrating data to Business Central.
• Configuring the application in collaboration with the implementation team
• Facilitating the business with manageability and ease of use
• Configuring role centers like adapting insights, cues, action tiles, reports, charts
• Extending Business Central by using Microsoft Power Platform components

Skills Required

The candidates pursuing the Microsoft MB-800 exam must have - 

• Applied knowledge of meeting business needs by using Business Central
• Basic understanding of financial management, sales, purchasing, and inventory
• Specialize in one or more feature sets of Business Central
• Understand the role of Business Central in relationship to the Microsoft 365 and Dynamics 365 suites of applications

Course Outline

The Microsoft Dynamics 365 Business Central Functional Consultant (MB-800) Exam covers the following topic - 

Domain 1 - Set up Business Central (20–25%)

1.1 Create and configure a company

• Create a company by using Assisted Setup
• Create a configuration worksheet
• Create and use a configuration package
• Create journal opening balances
• Migrate data to and within Business Central

1.2 Manage security

• Create and assign user profiles
• Set up a new user
• Create permissions and permission sets
• Apply security filters
• Assign user permissions by using security groups and permission sets
• Configure and use security auditing in Business Central

1.3 Set up core functionality

• Set up reports and configure report layouts
• Set up and use job queues
• Set up number series
• Enable Copilot and agent capabilities

1.4 Set up dimensions

• Set up dimensions and dimension values
• Set up global dimensions and shortcut dimensions
• Set up default dimensions for master data
• Set up blocking combinations of dimensions and dimension values
• Set up default dimensions for account types
• Set up default dimension priorities

1.5 Manage approvals by using workflows

• Set up native workflows
• Set up a notification system
• Set up users for approval and workflow user groups

Domain 2 - Configure financials (30–35%)

2.1 Set up financial management

• Configure general ledger setup
• Configure accounting periods
• Set up payment terms
• Set up deferrals
• Configure currencies including exchange rates
• Set up payment methods

2.2 Manage the chart of accounts

• Set up general ledger accounts
• Create account categories and subcategories
• Prepare financial reporting with financial data and account categories
• Set up general ledger allocations

2.3 Set up posting groups

• Create specific posting groups
• Create general posting groups
• Configure the general posting setup
• Configure inventory posting setup
• Allow multiple posting groups

2.4 Set up journals and bank accounts

• Set up bank accounts
• Create journal templates, including number series
• Create batches
• Create templates for recurring journals

2.5 Set up accounts payables

• Create vendor accounts, including payment terms, vendor bank accounts, and related records
• Configure Purchases & Payables Setup
• Set up payment journals
• Assess the relationship between vendors, vendor ledger entries, detailed vendor ledger entries, and general ledger entries

2.6 Set up accounts receivables

• Create customer accounts, including payment terms, payment methods, customer bank accounts, and related records
• Configure Sales & Receivables Setup
• Set up cash receipt journals
• Set up payment registration
• Assess the relationship between customers, customer ledger entries, detailed customer ledger entries, and general ledger entries

2.7 Configure fixed assets

• Configure fixed asset settings, including depreciation books and fixed asset classes and subclasses
• Create and modify fixed assets, main assets, and components
• Differentiate between different depreciation methods

Domain 3 - Configure sales and purchasing (10–15%)

3.1 Set up inventory

• Configure inventory setup
• Configure core item settings, including item categories, item attributes, units of measure, and item variants
• Create locations
• Assess the relationship between items, item ledger entries, value entries, and general ledger entries
• Differentiate between costing methods
• Configure stockkeeping units

3.2 Configure master data for sales and purchasing

• Configure core customer settings including shipping agents, locations, and shipping addresses
• Configure core vendor settings including order address, lead time, and locations

3.3 Manage pricing and discounts

• Manage vendor purchase prices
• Manage purchase line and invoice discounts
• Manage customer sales prices
• Manage sales line and invoice discounts

Domain 4 - Perform Business Central operations (30–35%)

4.1 Perform basic tasks in Business Central

• Differentiate between designing, customizing, and personalizing pages
• Customize pages
• Apply and save filters
• Find documents and related entries
• Inspect pages
• Perform data updates by using the Edit in Excel feature
• Configure and use data analysis mode
• Personalize pages

4.2 Process purchases

• Manage quotes
• Create a purchase order
• Receive items for a purchase order
• Receive more items than ordered
• Reverse a receipt
• Create a posted invoice from a purchase order
• Configure recurring purchase lines
• Manage blanket purchase orders
• Use deferrals with purchasing documents

4.3 Process sales

• Manage quotes
• Convert a sales quote into a sales order or sales invoice
• Analyze item availability
• Ship items for a sales order
• Reverse a shipment
• Create a sales invoice from a sales order
• Configure recurring sales lines
• Manage blanket sales orders
• Use deferrals with sales documents

4.4 Process financial documents

• Process purchase invoices
• Process purchase credit memos
• Process sales invoices
• Process sales credit memos
• Combine sales shipments into a single sales invoice
• Combine purchase receipts into a single purchase invoice
• Correct a posted purchase invoice
• Correct a posted sales invoice
• Release and reopen documents
• Process prepayment invoices for purchases and sales

4.5 Process journals and payments

• Process payments by using payment journals
• Process receipts by using the cash receipt journal
• Process payment registrations
• Apply ledger entries and undo applied entries
• Reverse posted journals
• Perform bank account reconciliation
• Process recurring transactions by using the recurring journals
• Use general ledger allocations
• Adjust currency exchange rates
• Correct posted dimensions using the Dimension Correction Tool
• Revalue general ledger account balances

4.6 Process fixed asset transactions

• Process fixed asset acquisitions
• Process fixed asset depreciations
• Process fixed asset disposals

4.7 Process inventory transactions

• Process inventory receipts
• Process inventory shipments
• Transfer items between locations
• Adjust item cost
• Count inventory
• Reclassify inventory

What do we offer?

• Full-Length Mock Test with unique questions in each test set
• Practice objective questions with section-wise scores
• In-depth and exhaustive explanation for every question
• Reliable exam reports evaluating strengths and weaknesses
• Latest Questions with an updated version
• Tips & Tricks to crack the test
• Unlimited access

What are our Practice Exams?

• Practice exams have been designed by professionals and domain experts that simulate real-time exam scenario.
• Practice exam questions have been created on the basis of content outlined in the official documentation.
• Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
• Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
• You can also create your own practice exam based on your choice and preference 

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