Microsoft Dynamics 365 Fundamentals Finance and Operations Apps (ERP) [MB-920]

MB-920

Duration: 2 Days

Description

Note: The MB-910 and MB-920 is the new version of MB-901 exam which expired on June 30, 2021. This exam covers the features and capabilities of Microsoft Dynamics 365 finance and operations apps. Candidates for this exam should have general knowledge of or relevant working experience in an Information Technology (IT) environment. They should also have a fundamental understanding of financial principles and business operations.  

Course Fee: £899+VAT

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Objectives

After successful completion of this MB-920 exam training course, candidates will be able to:

  • Describe Dynamics 365 Supply Chain Management
  • Describe Dynamics Finance
  • Describe Dynamics 365 Commerce
  • Describe Dynamics 365 Human Resources
  • Describe Project Operations
  • Describe shared features

Who Should Attend

This exam covers the features and capabilities of Microsoft Dynamics 365 finance and
operations apps.
Candidates of this exam should have general knowledge of or relevant working experience in an
Information Technology (IT) environment. They should also have a fundamental understanding
of financial principles and business operations.

Prerequisites

  • Candidates for the MB-920 exam should have general knowledge of or relevant working experience in an Information Technology (IT) environment.
  • They should also have a fundamental understanding of financial principles and business operations.

Course Outline

Module 1: Describe Dynamics 365 Supply Chain Management

Identify general capabilities

  •  describe manufacturing types including Discrete, Lean, and Process manufacturing
  • describe production control elements including bills of materials (BOMs), formulas,
    Kanban’s, resources, and routing
  • describe product master records and product variants
    Describe warehouse and inventory management capabilities
  • describe costing methods including standard costing, weighted averages, last-in-first-out
    (LIFO), and first-in-first-out (FIFO)
  • describe use cases for Warehouse Management System (WMS)
  • describe purchase orders, item arrival journals, and cross-docking
  • describe inventory reservations, picking and packing, replenishment, and shipments
  • describe inventory counting and inventory on-hand concepts
  • describe quality management capabilities
  • describe warehouse configuration options including layout, stocking limits, and location
    profiles
    Describe manufacturing strategies
  • describe manufacturing strategies including make to order (MTO), make to stock (MTS),
    and configure to order (CTO)
  • describe item tracking and tracing processes
  • describe tools that can be used to manage shop floors
    Describe enterprise asset management capabilities
  • describe enterprise asset management concepts
  • describe the work order lifecycle including work order scheduling, preventative work
    orders, corrective work orders, and inspections
  • describe vendor warranty agreements including full and partial agreements

Module 2: Describe Dynamics Finance

Describe the Dynamics 365 Finance features

  • describe use cases for legal entities
  • describe how Dynamics 365 Finance handles regional tax reporting requirements
  • describe cost accounting concepts
    Describe general ledgers
  • describe charts of accounts including main accounts, balance sheets, and income
    statements
  • describe financial dimensions and dimension set concepts
  • describe periodic financial processes
    Describe accounts payables and accounts receivables
  • describe core accounts payable components including vendors, purchase orders, and
    vendor invoices
  • describe vendor payments and settlements including three-way matching concepts
  • describe core accounts receivable components including customers, customer invoices,
    and free text invoices
  • describe credit and collection processes
    Describe related finance components
  • describe cash and bank management concepts
  • describe expense management including cash advances and mobile workspaces
  • describe fixed asset management, and fixed asset creation, acquisition, and depreciation
  • describe budgeting capabilities

Module 3: Describe Dynamics 365 Commerce

Describe Dynamics 365 Commerce capabilities

  • describe retail channels including call centers, Cloud Point-Of-Sale (CPOS), and Modern
    Point-Of-Sale (MPOS)
  • describe channel management concepts
  • describe Distributed Order Management (DOM)
  • describe product assortments
  • describe customer loyalty concepts
  • describe how Dynamics 365 Commerce uses Dynamics 365 Customer Insights to create
    personalized customer experiences and provide product recommendations
  • describe how Dynamics 365 Commerce uses Retail Analytics to provide centralized retail
    data management
    Describe Dynamics 365 Fraud Protection
  • describe how Dynamics 365 Fraud Protection evaluates purchase transaction to reduce
    fraud losses and increase bank acceptance rates
  • describe how Dynamics 365 Fraud Protection prevents unauthorized account creation,
    account takeovers, and fraudulent account access
  • describe how Dynamics 365 Fraud Protection prevents loss related to fraudulent returns
    and discounts, identifying the risk of loss to a business, and identifying anomalies in
    merchandise discounting and returns

Module 4: Describe Dynamics 365 Human Resources

Describe core capabilities

  • describe compensation and benefits capabilities
  • describe compliance features
  • describe performance management capabilities
    Describe personnel management capabilities
  • describe self-service capabilities
  • describe leave and absence capabilities
  • describe employee training and certification features
  • identify integration options between Dynamics 365 Human Resources and LinkedIn

Module 5: Describe Project Operations

Identify Project Operations capabilities

  • describe project-based services
  • describe project sales capabilities
  • describe project contract capabilities
  • describe project pricing capabilities
  • describe the project lifecycle including project invoicing and revenue recognition
    Describe project planning and execution capabilities
  • identify project features including contracts, stages, team assignments, and fixed price
    versus time and material estimates versus retainer contracts
  • describe project team management capabilities including allocation methods, resource
    scheduling, and skills
  • describe project schedule management capabilities including tasks, subtasks,
    assignments, and project plan management
  • describe project cost tracking capabilities including time and expense costs

Module 6: Describe shared features

Describe reporting capabilities

  • describe built-in reporting capabilities including workspaces
  • describe options for exporting data to Microsoft Excel
  • describe options for analyzing data by using Power BI
    Describe integration options
  • describe Microsoft Teams integration capabilities
  • describe use cases for integrating with Microsoft Excel and Microsoft Word
  • describe options for managing documents by using SharePoint Online
  • describe email integration capabilities

About the Trainer

A Microsoft Certified Trainer.

Course Fee

£899+VAT

Upcoming Batches

TBA

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