Microsoft NAV 5.0 Financials : MB7-515

Exam Code: MB7-515

Exam Name: NAV 5.0 Financials

Updated: Jul 22, 2026

Q & A: 210 Questions and Answers

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About Microsoft NAV 5.0 Financials : MB7-515 Exam

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Microsoft MB7-515 Exam Syllabus Topics:

SectionWeightObjectives
Business Intelligence & Period End11%- Financial Analysis
  • 1. Dimension-Based Analysis
  • 2. Account Schedules
  • 3. Chart of Accounts Analysis
- Year-End Closing
  • 1. Annual Closing Procedures
Application Setup30%- Company and Dimensions Setup
  • 1. Dimensions and Dimension Values
  • 2. Create New Company via RIM Toolkit
  • 3. Combining Dimensions
  • 4. Default Dimensions
- Security and User Management
  • 1. Logins, Roles and Permissions
  • 2. Advanced Security Setup
- Journal Management
  • 1. Posting Corrections
  • 2. Recurring Journals
  • 3. Posting Journal Entries
  • 4. Journal Templates, Batches and Entries
- Posting Groups
  • 1. Specific, General, and VAT Posting Groups
  • 2. Determining Posting Groups
Payables and Receivables34%- Payments and Discounts
  • 1. Unapply and Reverse Transactions
  • 2. Payment Discounts and Tolerances
  • 3. Payment Journals
- Vendor Management
  • 1. Apply Vendor Ledger Entries
- Customer Management
  • 1. Apply Customer Ledger Entries
  • 2. Reminders and Finance Charges
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

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