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Microsoft Microsoft Business Solutions MB7-515

MB7-515

Exam Code: MB7-515

Exam Name: NAV 5.0 Financials

Updated: Aug 10, 2026

Q & A: 210 Questions and Answers

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Microsoft MB7-515 Exam Syllabus Topics:

SectionWeightObjectives
Business Intelligence & Period End11%- Year-End Closing
  • 1. Annual Closing Procedures
- Financial Analysis
  • 1. Chart of Accounts Analysis
  • 2. Account Schedules
  • 3. Dimension-Based Analysis
Payables and Receivables34%- Customer Management
  • 1. Reminders and Finance Charges
  • 2. Apply Customer Ledger Entries
- Payments and Discounts
  • 1. Payment Discounts and Tolerances
  • 2. Payment Journals
  • 3. Unapply and Reverse Transactions
- Vendor Management
  • 1. Apply Vendor Ledger Entries
Multicurrency Operations11%- Currency Setup and Adjustment
  • 1. Additional Reporting Currency
  • 2. Update Exchange Rates
General Ledger and Taxes14%- General Ledger Setup
  • 1. GL Parameters
  • 2. Chart of Accounts Configuration
- Tax and VAT
  • 1. VAT Entries and Adjustments
- Bank and Budgeting
  • 1. Bank Reconciliation
  • 2. GL Budget Creation
Application Setup30%- Security and User Management
  • 1. Advanced Security Setup
  • 2. Logins, Roles and Permissions
- Journal Management
  • 1. Recurring Journals
  • 2. Journal Templates, Batches and Entries
  • 3. Posting Corrections
  • 4. Posting Journal Entries
- Company and Dimensions Setup
  • 1. Default Dimensions
  • 2. Create New Company via RIM Toolkit
  • 3. Combining Dimensions
  • 4. Dimensions and Dimension Values
- Posting Groups
  • 1. Specific, General, and VAT Posting Groups
  • 2. Determining Posting Groups
MB7-515 Related Exams
MB4-643 - SL 7.0 Inventory and Order Processing
MB6-817 - AX 2009 Trade and Logistics
MB7-638 - NAV 5.0 Trade and Inventory
MB5-645 - C5 4.0 System Consultant
MB4-218 - Solomon 6.0 Project Management and Accounting
MB7-515 - NAV 5.0 Financials
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