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Microsoft Dynamics GP 2010 Inventory & Order Processingt : MB3-862

MB3-862

Exam Code: MB3-862

Exam Name: Microsoft Dynamics GP 2010 Inventory & Order Processingt

Updated: Aug 20, 2026

Q&A Number: 75 Q&As

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Microsoft MB3-862 Exam Syllabus Topics:

SectionObjectives
Inventory Valuation and Costing- Valuation and reporting
  • 1. Inventory valuation reports
    • 2. Cost adjustments and revaluation
      - Costing methods
      • 1. FIFO and average costing
        • 2. Standard costing principles
          Purchase Order Processing- Vendor management
          • 1. Purchase returns processing
            • 2. Vendor setup and maintenance
              - Purchase order lifecycle
              • 1. Receiving and invoicing inventory
                • 2. Creating and approving purchase orders
                  Sales Order Processing- Sales order lifecycle
                  • 1. Shipping and invoicing
                    • 2. Order entry and fulfillment
                      - Customer management
                      • 1. Returns and credit processing
                        • 2. Customer setup and pricing
                          Inventory Management in Microsoft Dynamics GP- Inventory setup and configuration
                          • 1. Item cards and item classes setup
                            • 2. Inventory control settings
                              - Inventory transactions
                              • 1. Stock receipts and adjustments
                                • 2. Inventory transfers
                                  Reporting and Analysis- Inventory reporting
                                  • 1. Turnover and usage analysis
                                    • 2. Stock status reports
                                      MB3-862 Related Exams
                                      MB3-860 - Microsoft Dynamics GP 2010 Project Series
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