Microsoft NAV 5.0 Financials : MB7-515

  • Exam Code: MB7-515
  • Exam Name: NAV 5.0 Financials
  • Updated: Sep 06, 2026
  • Q & A: 210 Questions and Answers

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Microsoft MB7-515 Exam Syllabus Topics:

SectionWeightObjectives
Payables and Receivables34%- Customer Management
  • 1. Reminders and Finance Charges
  • 2. Apply Customer Ledger Entries
- Vendor Management
  • 1. Apply Vendor Ledger Entries
- Payments and Discounts
  • 1. Payment Discounts and Tolerances
  • 2. Unapply and Reverse Transactions
  • 3. Payment Journals
Multicurrency Operations11%- Currency Setup and Adjustment
  • 1. Additional Reporting Currency
  • 2. Update Exchange Rates
General Ledger and Taxes14%- General Ledger Setup
  • 1. Chart of Accounts Configuration
  • 2. GL Parameters
- Bank and Budgeting
  • 1. Bank Reconciliation
  • 2. GL Budget Creation
- Tax and VAT
  • 1. VAT Entries and Adjustments
Application Setup30%- Posting Groups
  • 1. Determining Posting Groups
  • 2. Specific, General, and VAT Posting Groups
- Journal Management
  • 1. Posting Corrections
  • 2. Journal Templates, Batches and Entries
  • 3. Recurring Journals
  • 4. Posting Journal Entries
- Company and Dimensions Setup
  • 1. Create New Company via RIM Toolkit
  • 2. Combining Dimensions
  • 3. Dimensions and Dimension Values
  • 4. Default Dimensions
- Security and User Management
  • 1. Logins, Roles and Permissions
  • 2. Advanced Security Setup
Business Intelligence & Period End11%- Financial Analysis
  • 1. Account Schedules
  • 2. Chart of Accounts Analysis
  • 3. Dimension-Based Analysis
- Year-End Closing
  • 1. Annual Closing Procedures

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