Microsoft MB3-701 : Microsoft GP 2013 Financials

MB3-701 real exams

Exam Code: MB3-701

Exam Name: Microsoft GP 2013 Financials

Updated: Sep 01, 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. Fiscal periods and calendars
                • 2. Account types and classifications
                  • 3. Multicurrency setup
                    Topic 3: Fixed Assets, Bank Management & Periodic Processes20%- Year-End Closing
                    • 1. Closing procedures and financial reporting
                      - Bank Reconciliation
                      • 1. Checkbooks and reconciliation routines
                        - Fixed Assets
                        • 1. Transfers and disposals
                          • 2. Asset books and depreciation
                            Topic 4: Accounts Receivable25%- Sales and Receipts
                            • 1. Invoice and credit memo processing
                              • 2. Cash receipts and application
                                - Customer Setup
                                • 1. Customer classes and posting accounts
                                  • 2. Credit limits and terms

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