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

Configuring financials in Microsoft Dynamics 365 Business Central is a crucial aspect of setting up and managing the financial operations of an organization. This topic encompasses various sub-topics such as setting up general ledger accounts, configuring posting groups, establishing dimensions for financial analysis, and defining financial reporting structures. It also includes configuring accounts payable and accounts receivable processes, setting up bank accounts and reconciliation, and establishing budgeting and forecasting capabilities. Understanding how to properly configure these financial elements ensures accurate financial tracking, reporting, and analysis within the Business Central system.

This topic is fundamental to the MB-800 exam as it forms the backbone of financial management within Dynamics 365 Business Central. It directly relates to the "Configure financials" section of the exam outline, which typically accounts for a significant portion of the exam questions. Mastery of this topic is essential for functional consultants as it enables them to set up and optimize financial processes for clients, ensuring compliance with accounting standards and facilitating efficient financial operations.

Candidates can expect a variety of question types on this topic in the actual exam:

• Multiple-choice questions testing knowledge of specific configuration options and their impacts on financial processes.
• Scenario-based questions requiring candidates to identify the correct configuration steps to achieve a desired financial setup or solve a specific business problem.
• Case study questions that may involve analyzing a company's financial structure and recommending appropriate configuration changes.
• Drag-and-drop questions where candidates must order the correct steps to configure a particular financial aspect.
• True/False questions to assess understanding of financial concepts and their application in Business Central.

The depth of knowledge required will range from recall of basic configuration options to the application of concepts in complex business scenarios. Candidates should be prepared to demonstrate a thorough understanding of how different financial configurations interact and impact overall system functionality.

Configuring sales and purchasing in Microsoft Dynamics 365 Business Central involves setting up and managing the processes related to buying and selling goods or services. This includes creating and managing customer and vendor records, setting up price lists and discounts, configuring payment terms, and establishing approval workflows. Key sub-topics include setting up sales and purchase documents, configuring item tracking and inventory management, and implementing tax calculations for sales and purchases. Additionally, candidates should understand how to set up and use purchase planning features, such as requisition and purchase orders, and how to manage sales quotes, orders, and invoices efficiently within the system.

This topic is crucial to the overall MB-800 exam as it covers core functionality within Dynamics 365 Business Central. Sales and purchasing processes are fundamental to most businesses, and a functional consultant must be proficient in configuring these areas to meet client needs. Understanding this topic is essential for implementing and customizing Business Central for various industries and business models. It also relates to other exam areas, such as financial management and supply chain management, as sales and purchasing activities directly impact financial records and inventory levels.

Candidates can expect a variety of question types on this topic in the actual exam:

• Multiple-choice questions testing knowledge of specific configuration options for sales and purchasing processes
• Scenario-based questions requiring candidates to determine the appropriate setup for a given business requirement
• Case study questions that involve analyzing a company's sales or purchasing needs and recommending the correct configuration steps
• Questions on troubleshooting common issues related to sales and purchasing processes
• Tasks that require candidates to identify the correct sequence of steps to set up a particular sales or purchasing feature

The depth of knowledge required will range from basic understanding of sales and purchasing concepts to more complex scenarios involving multiple interconnected features and business processes. Candidates should be prepared to demonstrate their ability to apply their knowledge to real-world situations and explain the rationale behind their configuration choices.

Performing Business Central operations is a crucial aspect of the Microsoft Dynamics 365 Business Central Functional Consultant role. This topic covers the day-to-day tasks and processes involved in managing and utilizing the Business Central system effectively. Key sub-topics include managing master data (such as customers, vendors, and items), processing financial transactions, handling sales and purchase orders, managing inventory, and utilizing reporting and analysis tools. Additionally, this area encompasses understanding and implementing business process flows, setting up and configuring system parameters, and troubleshooting common issues that may arise during daily operations.

This topic is fundamental to the MB-800 exam as it directly relates to the core functionalities and practical application of Business Central. It represents a significant portion of the exam content, reflecting the importance of operational knowledge for a functional consultant. Understanding how to perform Business Central operations effectively is essential for implementing, customizing, and supporting the system for clients. This topic ties into other exam areas such as configuring financials, managing supply chain processes, and implementing security and compliance measures.

Candidates can expect a variety of question types on this topic in the actual exam:

• Multiple-choice questions testing knowledge of specific operational procedures and best practices
• Scenario-based questions that require applying operational knowledge to real-world business situations
• Case study questions that may involve analyzing a company's current processes and recommending appropriate Business Central operations to improve efficiency
• Questions on troubleshooting common operational issues and identifying the correct steps to resolve them
• Questions about configuring and customizing Business Central to support specific operational requirements

The depth of knowledge required will range from understanding basic concepts to demonstrating the ability to apply advanced operational techniques in complex business scenarios. Candidates should be prepared to showcase their practical experience and problem-solving skills in addition to their theoretical knowledge of Business Central operations.