Microsoft Dynamics AX 2012 Public Sector

Code: MB6-885

Exam MB6-885 - Microsoft Dynamics AX 2012 Public Sector

Skills 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. The higher the percentage, the more questions you are likely to see on that content area on the exam.

Prerequisties:

Microsoft Training80338 - Microsoft Dynamic AX 2012 Public Sector - Financial

Please note that the questions may test on, but will not be limited to, the topics described in the bulleted text.

Perform basic Microsoft Dynamics AX 2012 Public Sector tasks (15%)

  • Describe Microsoft Dynamics AX 2012 Public Sector concepts
    • Describe requirements of the public sector industry, including dimensions, budgeting, encumbrance and procurement; describe features of the Microsoft Dynamics AX 2012 Public Sector module; verify the Microsoft Dynamics AX 2012 Public Sector license
  • Set up accounts
    • Describe General Ledger setup concepts, set up fiscal calendars and a fiscal year, set up posting definitions, configure account structures
  • Create financial dimensions
    • Describe financial dimensions, create a financial dimension and a fund entity
  • Set up a Chart of Accounts
    • Plan a Chart of Accounts, set up accounts in the Chart of Accounts, create bank accounts, assign a fund entity to an account

Perform budgeting tasks (14%)

  • Describe and configure budget control
    • Explain, activate, and perform budget control; set up and configure budget control parameters; set up over-budget permissions; define the budget funds available calculation; select source documents, journals, and main accounts for budget control; assign budget models; define budget control rules; define budget groups and message levels; enable budget appropriations; describe the execution of budget reservations
  • Create an original budget
    • Create budget register entries, allocate budget amounts across dimension values and periods
  • Manage budgets
    • Describe budgeting terms and basics, revise a budget, transfer a budget, view the status and history of budget register entries
  • Process budgets
    • Post, reverse, and perform budget control on a provisional budget; define an apportionment budget code; create and perform budget control on an apportionment budget
  • Create budget reports
    • Describe the Actual versus budget report, Budget funds available report, Budget details report, Budget control account detail history report, and Budget control activity by project report

Use general ledgers (16%)

  • Create advanced ledger entries
    • Distribute line amounts across ledger accounts; describe the setup of advanced ledger entries; create, preview, and post advanced ledger entries
  • Perform commitment accounting
    • Describe commitment accounting, record general ledger pre-encumbrances for a purchase requisition, record general ledger encumbrances for a purchase order
  • Perform year-end encumbrance processes
    • Set up encumbrance year-end processing options, define close and open transaction posting definitions for encumbrance year-end processing, define a default encumbrance year-end process for a specific fund
  • Perform year-end general ledger processes
    • Describe general ledger year-end processes, set a closing type on accounts, define close and open transaction posting definitions for general ledger year-end processing, process nominal accounts and ending balances of real accounts

Manage procurement and accounts payable (14%)

  • Manage purchase agreements
    • Enable new information on purchase agreements by classification, invoice a purchase agreement without a release order
  • Manage unplanned purchases
    • Set up confirming purchase order codes and message text, flag a purchase order as confirming, print a purchase order with a special message
  • Perform year-end purchase order processing
    • Run the year-end purchase order process
  • Manage vendor information
    • Set up 1099 information for a vendor, pay an invoice with 1099 information, process a 1099 tax statement, assign a new DUNS+4 number, disburse invoice payments to multiple vendor bank accounts

Manage accounts receivable (15%)

  • Set up billing codes and classifications
    • Describe the features of billing codes, create a billing code, create a free text invoice using a billing code, create a billing classification, associate a billing code with a billing classification, set a classification settlement order
  • Process invoice, payment, and collection documents by billing classification
    • Post and print a free-text or recurring invoice by billing classification; enter a customer payment by selecting a billing classification; create a payment proposal based on a selected billing classification; generate reimbursement transactions, interest notes, and collections letters by billing classification; assign a collection letter policy to a billing classification
  • Process settlements in a pooled cash setup
    • Set up posting definitions for invoice settlements, settle a free text invoice against a payment, settle a transaction write-off for a customer
  • Add customer attributes
    • Assign a trading partner code, assign an agency location code (ALC), assign a 1099-C indicator, prevent customer duplication by using a Government Identification Number (GIN)

Perform project accounting tasks (14%)

  • Perform project budget control
    • Create a project budget, allocate a project budget across periods, create a project budget revision
  • Manage grants
    • Create a grant, track the status of a grant
  • Manage multiple funding sources
    • Add multiple funding sources to a project, assign a grant to a funding source, allocate expenses to a funding source, set up funding source percentage and priority, invoice costs against funding sources

Use Role Centers and reports (12%)

  • Describe Role Centers
    • Describe the Accountant, Accounting Manager, Controller Role, Accounts Receivable Administrator, and Finance Director Role Centers
  • Generate reports
    • Generate accounts receivable reports, generate customer reports, generate and set up a cover page for a payment approval report, generate budget control reports
  • Perform financial analysis with derived financial hierarchies
    • Create a category hierarchy, associate a derived financial hierarchy, slice by using the derived financial hierarchy dimension

Guaranteed to Run

2018-03-07 09:00 to 2018-03-09 17:00
Fort Lauderdale, Florida (Virtual Instructor-Led)
2017-12-11 09:00 to 2017-12-15 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-12-04 09:00 to 2017-12-08 17:00
Attend Online
2017-11-27 09:00 to 2017-12-01 17:00
Attend Online

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