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Microsoft MB6-885

Microsoft Dynamics AX 2012 Public Sector

Free Questions in OTE format

 
File Date Q&A Votes Size  
Microsoft.MB6-885.v2016-12-14.by.barbara.58q.ote 2016-12-14 58 0/0 76.96 Kb
Microsoft.MB6-885.v2016-04-10.by.Leo.50q.ote 2016-04-10 50 0/0 67.79 Kb

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About Microsoft MB6-885 dump

This exam is intended for individuals who plan to use Public Sector financial features in Microsoft Dynamics AX 2012. This audience typically includes functional consultants, systems developers, and implementation consultants.
This exam measures your ability to accomplish the technical tasks listed below.
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

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