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About this Exam : MB7-515(Microsoft Dynamics NAV 5.0 Financials)
This certification exam measures your ability to do the following:
- Understand and articulate how to set up and use the Microsoft Dynamics NAV 5.0 Application Setup, Finance, and Business Intelligence for Information Workers modules effectively.
Time requirements and questions - 90 minutes to complete the exam
- 80 questions, with a passing rate of 70 percent
- Multiple choice and multiple answer questions
Note: This Certification Currently not available. Please visit Certifications List for latest one available for you.
Audience Profile
Individuals who want to obtain a certification on Microsoft Dynamics NAV 5.0 Financials should take this exam.
Additional skills recommended:
- General working knowledge of Microsoft Windows 98, Microsoft Windows 2000, Windows XP, or Windows Vista, and knowledge of the installation process, and accounting rules and practices.
Topics Covered
Skills Being Measured
This exam measures your ability to accomplish the technical tasks listed below.The percentages indicate the relative weight of each major topic area on the exam.
Application Setup (30 percent)
- Specific, General, and VAT Posting Groups
- Determining Posting Groups
- Managing User Rights, Including Logins, Roles and Permissions, and Advanced Security Setup
- Create a New Company by Using the RIM Toolkit
- Creating New Dimensions and Dimension Values
- Combining Dimensions
- Default Dimensions
- Creating Journal Templates, Batches, and Entries
- Posting Journal Entries
- Recurring Journals
Posting Corrections in General JournalsGeneral Ledger and Taxes (14 percent)
- General Ledger Setup
- Chart of Accounts
- VAT Entries and Adjustment
- Performing Bank Reconciliation
Creating General Ledger BudgetsPayables and Receivables (34 percent)
- Applying Customer Ledger Entries
- Applying Vendor Ledger Entries
- Payment Discounts and Tolerances
- Reminders and Finance Charge Memos
- Payment Journals
Unapplying and Reversing TransactionsMulticurrency Operations (11 percent)
- Updating Currency Exchange Rates for Foreign Currency Balances
Additional Reporting CurrencyBusiness Intelligence (11 percent)
- Performing Analysis from the Chart of Accounts
- Making Calculations by Using Account Schedules
- Annual Closing Operations
- Financial Analysis by Using Dimensions
Credit Toward Certification
Exam MB7-515: NAV 5.0 Financials: counts as credit toward the following certification(s):
- Microsoft Certified Business Management Solutions Specialist
- Microsoft Certified Business Management Solutions Professional – Applications for Microsoft Dynamics NAV
- Microsoft Certified Business Management Solutions Professional – Developer for Microsoft Dynamics NAV
- Microsoft Certified Business Management Solutions Professional – Installation and Configuration for Microsoft Dynamics NAV
