AX 2012 Public Sector Certification Exam MB6-885

AX 2012 Public Sector Certification Exam MB6-885

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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