Microsoft GP 2013 Financials : MB3-701

  • Exam Code: MB3-701
  • Exam Name: Microsoft GP 2013 Financials
  • Updated: Aug 05, 2026     Q & A: 75 Questions and Answers

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Microsoft MB3-701 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Accounts Payable25%- Transactions and Processing
  • 1. Invoice entry and approval
    • 2. Payment runs and settlements
      - Vendor Setup
      • 1. Vendor classes and posting profiles
        • 2. Payment terms and discounts
          Topic 2: General Ledger Setup and Configuration30%- Journal Entry Management
          • 1. Standard and recurring journals
            • 2. Posting and reconciliation
              - Chart of Accounts
              • 1. Account types and classifications
                • 2. Fiscal periods and calendars
                  • 3. Multicurrency setup
                    Topic 3: Accounts Receivable25%- Sales and Receipts
                    • 1. Cash receipts and application
                      • 2. Invoice and credit memo processing
                        - Customer Setup
                        • 1. Credit limits and terms
                          • 2. Customer classes and posting accounts
                            Topic 4: Fixed Assets, Bank Management & Periodic Processes20%- Bank Reconciliation
                            • 1. Checkbooks and reconciliation routines
                              - Fixed Assets
                              • 1. Asset books and depreciation
                                • 2. Transfers and disposals
                                  - Year-End Closing
                                  • 1. Closing procedures and financial reporting

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