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Microsoft MB3-862 Exam Syllabus Topics:

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

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