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Microsoft MB3-862 Exam Syllabus Topics:

SectionObjectives
Topic 1: Purchase Order Processing- Vendor management
  • 1. Purchase returns processing
    • 2. Vendor setup and maintenance
      - Purchase order lifecycle
      • 1. Receiving and invoicing inventory
        • 2. Creating and approving purchase orders
          Topic 2: Inventory Valuation and Costing- Costing methods
          • 1. FIFO and average costing
            • 2. Standard costing principles
              - Valuation and reporting
              • 1. Inventory valuation reports
                • 2. Cost adjustments and revaluation
                  Topic 3: Reporting and Analysis- Inventory reporting
                  • 1. Stock status reports
                    • 2. Turnover and usage analysis
                      Topic 4: Sales Order Processing- Sales order lifecycle
                      • 1. Order entry and fulfillment
                        • 2. Shipping and invoicing
                          - Customer management
                          • 1. Customer setup and pricing
                            • 2. Returns and credit processing
                              Topic 5: Inventory Management in Microsoft Dynamics GP- Inventory transactions
                              • 1. Stock receipts and adjustments
                                • 2. Inventory transfers
                                  - Inventory setup and configuration
                                  • 1. Item cards and item classes setup
                                    • 2. Inventory control settings

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